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EarningsQ2 2026 Earnings Report
IPWR Q2 2026 EPS Results
Actual EPS-$0.20
Consensus EPS-$0.23
Beat/MissBeat by +$0.03
One Year Ago EPS-$0.33
IPWR Q2 2026 Revenue Results
Actual Revenue$5.80K
Expected Revenue$0.00
Beat/MissBeat by +$5.80K
YoY Revenue Growth+354.90%
Earnings Announcement Details
QuarterQ2 2026
Date08/13/2026
TimeBefore Open
Conference CallThursday, August 13, 2026
IPWR Upcoming Earnings
Ideal Power's next earnings date is estimated for November 12, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
IPWR Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong commercial and operational progress—multiple prototype milestones, a long-term foundry agreement with first silicon, expansion of the sales funnel (+≈33%), product kit rollouts, and a $27.7M capital raise leading to $41.3M cash on hand. These positives are balanced against early-stage / modest near-term revenue, increased operating expenses and net loss (operating expenses +≈16%, net loss +≈13%), higher 2026 cash burn guidance versus 2025, patent rationalization charges, and execution/timing risk associated with converting the pipeline into production revenue. Overall, management portrays cautious optimism: clear technical and go-to-market momentum but with near-term financial and execution challenges that are typical for a company transitioning from development to commercialization.Company Guidance
Prototype and Product Development Momentum
Finalizing low-current SSCB prototype for lead Asia customer with shipment for internal testing later in the month; B-TRAN-enabled SSCB prototypes expected in Q4 2026 for 800V AI data center and energy grid customers with initial low-volume orders expected in Q4.
Co-development for Hyperscaler Evaluation
Advancing a co-developed B-TRAN-enabled intelligent SSCB prototype for planned evaluation by a U.S. hyperscaler (NVIDIA Rubin Ultra 800V power architecture); targeting prototype delivery by end of Q4 2026 and introduction at Open Compute Project Global Summit in October.
Automotive Customer Progress (Stellantis)
Delivered second set of Gen 2 B-TRAN custom packaging samples and development kits to Stellantis; working on system-level optimizations and aligned milestones with next project milestone scheduled for Q4 2026 (management reports timing impacts on deliverables but no change in opportunity outlook).
Long-Term Foundry Agreement and First Silicon
Entered into a long-term supply agreement with an automotive-qualified high-volume wafer foundry in Asia (not China) and achieved functional first silicon; foundry has manufactured >1 billion power semiconductors and is expected to support scale and targeted gross margins (company target >40%).
SSCB Reference Design Kit (RDK) Rollout
Introduced SSCB RDK to accelerate customer adoption; one distribution partner placed a first stocking order and multiple customers have requested access, supporting faster time-to-evaluation for electromechanical breaker manufacturers transitioning to solid-state solutions.
European Commercial Expansion
Added Europe-based sales director and met with >20 potential customers at PCIM Germany, resulting in early engagements with a European global automaker, Tier 1 suppliers, and a circuit protection company targeting both U.S. and European markets.
Advisory Board Addition
Appointed Dr. Sanjay Parthasarathi (Coherent) to newly formed Advisory Board, bringing >35 years of experience in data centers and optical networking to support commercialization in AI data center infrastructure.
Sales Funnel Growth
Sales funnel expanded to over $400 million in total revenue opportunity, up from about $300 million at mid-May (≈+33%), roughly split 50/50 between automotive and AI data center/industrial applications.
Strengthened Balance Sheet from Capital Raise
Raised $27.7 million net proceeds from a registered direct offering; cash and cash equivalents totaled $41.3 million at June 30, 2026, and the company has no debt, providing multi-year runway and supplier/customer confidence.
IPWR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed