NASDAQ · IPWR

Ideal Power Inc.

Closing price · Nov 13, 2026 $2.09
Last insider buy price $7.60 Paid by Director Michael Turmelle on May 26, 2026 (Form 4). Not today's price.

Latest quarter · ended Jun 30, 2026

Cash got weaker, but sales grew

descriptionFiled Aug 13, 2026
Revenue growthFaster
+354.9%
Quarter ended Sep 30, 2024: −64.4% sales vs. a year beforeQuarter ended Dec 31, 2024: −91.2% sales vs. a year beforeQuarter ended Mar 31, 2025: −84.8% sales vs. a year beforeQuarter ended Jun 30, 2025: −4.2% sales vs. a year beforeQuarter ended Sep 30, 2025: +4313.4% sales vs. a year beforeQuarter ended Dec 31, 2025: −100.0% sales vs. a year beforeQuarter ended Mar 31, 2026: −100.0% sales vs. a year beforeQuarter ended Jun 30, 2026: +354.9% sales vs. a year before
Sep '24Jun '26
$5.8K vs. $1.27K a year ago
Gross marginBetter
30.9%
Quarter ended Sep 30, 2024: -172.7% gross marginQuarter ended Dec 31, 2024: -9.6% gross marginQuarter ended Mar 31, 2025: -157.1% gross marginQuarter ended Jun 30, 2025: -172.7% gross marginQuarter ended Sep 30, 2025: -6.6% gross marginQuarter ended Jun 30, 2026: 30.9% gross margin
Sep '24Jun '26
vs. -172.7% a year ago
Cash from operationsWorse
−$2.44M
Quarter ended Sep 30, 2024: −$2.22M cash from operationsQuarter ended Dec 31, 2024: −$2.55M cash from operationsQuarter ended Mar 31, 2025: −$2.07M cash from operationsQuarter ended Jun 30, 2025: −$2.36M cash from operationsQuarter ended Sep 30, 2025: −$2.55M cash from operationsQuarter ended Dec 31, 2025: −$2.16M cash from operationsQuarter ended Mar 31, 2026: −$2.03M cash from operationsQuarter ended Jun 30, 2026: −$2.44M cash from operations
Sep '24Jun '26
vs. −$2.36M a year ago
Share countDiluting
+93.4%
Quarter ended Sep 30, 2024: 8.15M sharesQuarter ended Dec 31, 2024: 8.34M sharesQuarter ended Mar 31, 2025: 8.35M sharesQuarter ended Jun 30, 2025: 8.5M sharesQuarter ended Sep 30, 2025: 8.51M sharesQuarter ended Dec 31, 2025: 12.09M sharesQuarter ended Mar 31, 2026: 12.16M sharesQuarter ended Jun 30, 2026: 16.43M shares
Sep '24Jun '26
16.43M shares vs. 8.5M a year ago

Numbers come from the company's own 10-Q and 10-K reports filed with the SEC. Each bar is one quarter, oldest on the left. The colored bar is the latest. Hover over or tap a bar to see its number.

Smart money pulse

What insiders and funds are doing

Mixed Insiders: as of Nov 13 Funds: as of Jun 30, 2026
−1000+100 +17
  • account_balance
    2 funds bought, 1 sold in the quarter ended Jun 30, 2026, counting funds that hold 500 stocks or fewer and $1M+ of this one. Index funds and banks are left out.
  • info
    No real insider sales in 12 months. Planned 10b5-1 sales and tax withholding are left out.

−100 means everyone selling, +100 everyone buying. This is data, not advice.

How the Pulse works

Pulse runs from −100 (everyone selling) to +100 (everyone buying). Half comes from insiders: real buyers vs. real sellers in the last 90 days (Form 4). Half comes from funds: funds that bought vs. funds that sold last quarter (13F). 13F is a snapshot of long positions on the last day of the quarter, filed up to 45 days later. It does not show short positions or trades since then.

Who owns it

46 funds report owning IPWR, up from 29

Holdings as of Jun 30, 2026
New22
Added15
Held6
Trimmed3
Sold out5

Last quarter

Who bought and who sold

Apr–Jun 2026
AWM Investment Company, Inc.
+12%
AIGH Capital Management LLC
−24%
Bleichroeder LP
+33%

Change in shares held from Mar 31 to Jun 30, 2026, biggest holdings first. Only funds that hold 500 stocks or fewer and $1M+ of this one: index funds and banks own almost everything, so their changes say little. Bars stop at ±100%.

Insider trades · last 12 months

Real buys and sales

● Open-market buy● Open-market sale
CEOCFOOther officersDirectorsDecJanFebMarAprMayJunJulAugSepOctNovShares withheld for tax · Dec 15 · $13.9KStock grant · Jan 2 · 90,910 sh · 4 peopleStock grant · May 18 · $357KShares withheld for tax · May 18 · $140KOption exercise · Jun 1 · 6,666 shShares withheld for tax · Jun 1 · $19.2KOption exercise · Jun 3 · 6,667 shShares withheld for tax · Jun 3 · $19.6KShares withheld for tax · Jun 5 · $15.8KOption exercise · Jun 5 · 6,667 shShares withheld for tax · Jun 12 · $17.9KShares withheld for tax · Jun 20 · $31.7KStock grant · Jun 22 · 20,000 shShares withheld for tax · Aug 13 · $104KStock grant · Aug 13 · 61,860 shShares withheld for tax · Nov 3 · $80.2KOpen-market buy · Feb 25 · $250KOpen-market buy · May 26 · $39.9K
CEOCFOOther officersDirectorsDecFebAprJunAugOctShares withheld for tax · Dec 15 · $13.9KStock grant · Jan 2 · 90,910 sh · 4 peopleStock grant · May 18 · $357KShares withheld for tax · May 18 · $140KOption exercise · Jun 1 · 6,666 shShares withheld for tax · Jun 1 · $19.2KOption exercise · Jun 3 · 6,667 shShares withheld for tax · Jun 3 · $19.6KShares withheld for tax · Jun 5 · $15.8KOption exercise · Jun 5 · 6,667 shShares withheld for tax · Jun 12 · $17.9KShares withheld for tax · Jun 20 · $31.7KStock grant · Jun 22 · 20,000 shShares withheld for tax · Aug 13 · $104KStock grant · Aug 13 · 61,860 shShares withheld for tax · Nov 3 · $80.2KOpen-market buy · Feb 25 · $250KOpen-market buy · May 26 · $39.9K

Last 12 months. No real trades in the last 6.

Showing 2 real trades. Hidden: 7 stock grants, 9 tax withholdings, 3 option exercises. Those happen on a schedule and say little about what an insider thinks. Bigger dot means a bigger trade.

Real trades, newest first

May 26 Michael Turmelle Director Open-market buy $39.9K 5,250 sh at $7.60
Feb 25 David Somo President and CEO, Director Open-market buy $250K 90,909 sh at $2.75

Showing every filing. Dashed circles are routine: grants, tax withholding, option exercises and planned sales.

Top holders

Biggest funds in IPWR

As of Jun 30, 2026
FundOwnsValueChange
AWM Investment Company, Inc.8.2%$7.22M+12%
AIGH Capital Management LLC5.4%$4.8M−24%
Goldman Sachs Group Inc4.0%$3.54M+178%
Vanguard Capital Management LLC3.7%$3.26M+94%
Stifel Financial Corp2.9%$2.51M+476%

"Owns" is shares reported divided by shares outstanding.

Where this data comes from. Insider trades, fund holdings, activist stakes and company results come from public SEC EDGAR filings (Forms 4, 13F, 13D/13G, 10-Q and 8-K). Congress trades come from the STOCK Act reports members file with the House Clerk and the Senate. Daily closing prices come from post-no-preference/stocks on DoltHub, a community-run database shared under CC BY-SA 4.0; the prices we show stay under that license. They are each day's close, not live or official exchange prices.

This is data, not investment advice. About StockToast