Earnings Releases·Nov 12, 2026, 9:25 AM ET

Ideal Power — Third Quarter 2026 Earnings Summary

Revenue declined to $7,000 for Q3 2026 from $24,450 in the prior year period, while net loss widened to $3.6 million from $2.9 million; however, gross loss narrowed significantly to $2,768 for the quarter compared to $1,619 previously, and cash reserves increased to $38.3 million from $6.1 million at year-end 2025 due to $39.9 million in financing proceeds.
The company advanced strategic product development with Power Integrations for 800-volt DC data center circuit breakers, finalized NRE-funded projects with a global industrial technology company and a U.S. hyperscaler, and achieved first silicon for B-TRAN® at an automotive-qualified foundry with JEDEC qualification expected by year-end.
Management reported expanding the sales funnel to approximately $450 million, securing a long-term supply agreement with a high-volume power semiconductor foundry, and forming an Advisory Board to facilitate introductions in data center and AI infrastructure markets.
No long-term debt is outstanding, and the B-TRAN® patent estate now comprises 108 issued patents globally, though the company faces risks in converting its expanded pipeline into volume production orders and revenue growth.