Ideal Power Posts $7,000 in Q3 Revenue as Net Loss Widens

Ideal Power Inc. (Nasdaq: IPWR) recorded $7,000 in revenue for the third quarter ended Sept. 30, 2026, down from $24,450 a year earlier, while its net loss widened to $3.6 million.

Basic and fully diluted net loss per share was $0.18, compared with $0.32 in the year-earlier quarter. Operating expenses rose to $3.9 million from $3 million, primarily because of higher personnel costs, stock-based compensation and noncash patent impairment charges.

At quarter-end, Ideal Power had $38.3 million in cash and cash equivalents and no long-term debt.