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Companies / Information Technology / Ideal Power Inc.
IPWR

Ideal Power Inc.

Ticker IPWRAUSTIN, TXFiscal year ends DecemberBook value per share $6.90Diluted shares 6.2M

Ideal Power Inc. (Nasdaq: IPWR) develops and commercializes B-TRAN®, a bidirectional bipolar junction transistor power-switch technology, and has launched discrete B-TRAN devices and SymCool Power Modules. The products are designed for power switching applications including solid-state circuit protection and… From the company’s description.

Over the twelve months to Jun 30, 2026, Ideal Power Inc. reported revenue of $0.03M, up 63.2% from a year earlier, and a net loss of $11.88M. Operations used $9.18M in cash. In fiscal 2025, it reported revenue of $0.04M, down 56.1% from fiscal 2024, and a net loss of $10.58M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$0.04MFY2025
−56.1% year over year
Last 12 mo $0.03M
-28978.98%FY2025
−16110.3 percentage points
Last 12 mo -39622.58%
$-10.58MFY2025
−1.5% year over year
Last 12 mo $-11.88M
-134.29%FY2025
−75.9 percentage points
Last 12 mo -27.98%
Cash & financing
$-9.14MFY2025
−4.5% year over year
Last 12 mo $-9.18M
$-9.25MFY2025
−3.5% year over year
Last 12 mo $-9.41M
—
—

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Ideal Power Inc. does

In the company’s own words

Ideal Power Inc. (Nasdaq: IPWR) develops and commercializes B-TRAN®, a bidirectional bipolar junction transistor power-switch technology, and has launched discrete B-TRAN devices and SymCool Power Modules. The products are designed for power switching applications including solid-state circuit protection and electric-vehicle contactors; other target markets include AI data centers, energy storage, renewable energy, vehicle electrification and industrial power conversion. Customers include equipment manufacturers and automotive, circuit-protection and power-management companies evaluating or incorporating the technology, with sales supported by distribution partners and semiconductor manufacturing partners. Ideal Power operates as a single-focused business, using a partnership model for fabrication and commercialization. Its first design win is for a solid-state circuit breaker with an Asian circuit-protection equipment manufacturer, with a multi-year cooperation agreement covering circuit-protection solutions. Commercial revenue was $37,728 in fiscal 2025, and the company had 17 full-time employees as of February 28, 2026. Its website is www.idealpower.com.

Company details
Sector
Information Technology
Industry (SIC)
Semiconductors
Headquarters
AUSTIN, TX
Fiscal year end
December
CIK
1507957
SIC
3674

Financial performance, year by year

Fiscal 2013–2025 · USD
$-13.50M$-8.65M$-3.81M$1.03M$5.87M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Ideal Power Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

10
funds hold it
0 of 35
superinvestors hold it
$3.99M
held by funds, at market
4.4%
of shares held by funds

Largest fund holders · Ideal Power Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
—of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.01%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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