Semiconductor switch developer Ideal Power's Q1 net loss widens on higher expenses

Ideal Power Inc.

Ideal Power Inc.

IPWR

0.00


Overview

  • US semiconductor switch developer reported no Q1 revenue

  • Net loss widened to $3.6 mln from $2.7 mln, driven by higher operating expenses

  • Company ended Q1 with $16.4 mln cash and no long-term debt


Outlook

  • Company expects to deliver SSCB prototypes for 800V AI data center and grid customers in Q4 2026

  • Prototype delivery for U.S. hyperscaler targeted for end of Q4 2026

  • Company sees significant demand ahead as industry shifts to high-voltage DC power architectures


Result Drivers

  • HIGHER OPERATING EXPENSES - Co said increased stock-based compensation and personnel costs drove higher operating expenses in Q1

  • NO RECOGNIZED REVENUE - Co reported no commercial revenue in Q1 as commercial and development activities have not yet resulted in sales


Company press release: ID:nPn47vHHza


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q1 EPS

-$0.33


Analyst Coverage

  • The one available analyst rating on the shares is "buy"

  • The average consensus recommendation for the semiconductors peer group is "buy"

  • Wall Street's median 12-month price target for Ideal Power Inc is $10.75, about 99.8% above its May 13 closing price of $5.38


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