Ideal Power Q2 FY26 net loss narrows to $3.41 million; revenue more than quadruples to $5,800 - IPWR News | RalliesIdeal Power Q2 FY26 net loss narrows to $3.41 million; revenue more than quadruples to $5,800
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IPWR• Outlook
- Targeting end-Q4 2026 delivery of a B-TRAN-enabled intelligent solid-state circuit breaker prototype for evaluation by a U.S. hyperscaler.
Operational updates
- Entered a long-term supply agreement with a high-volume wafer foundry in Asia; reported functional B-TRAN first silicon.
Q2 FY26 financial results
- Ideal Power posted Q2 net loss of USD 3.4 million, widening from USD 3 million a year earlier; loss per share narrowed to USD 0.2.
- Revenue rose to USD 5,800 from USD 1,275 in the prior-year quarter; operating expenses increased to USD 3.6 million from USD 3.1 million.
- Cash and cash equivalents climbed to USD 41.3 million at June 30 from USD 6.1 million at Dec. 31; no long-term debt.
SPCB
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