IP Strategy Holdings, Inc.(IPST)Earnings, Financials & Key Ratios

IPST•NASDAQ

$2.34

Price updated Jul 7, 2026

SectorConsumer Defensive IndustryAlcoholic Beverages Sub-IndustrySpirits and Ready-to-Drink Cocktails

AboutHeritage Distilling Holding Company, Inc. produces, markets, and sells craft spirits (whiskeys, vodkas, gins, rums, ready-to-drink canned cocktails) via wholesale distribution, its own distilleries, tasting rooms, and online. Recently announced an “IP Strategy” involving building a treasury reserve of the Story Protocol’s native $IP token, reflecting a move into cryptocurrency / IP token treasury management.Show more

Revenue$10M+20.4%
EBITDA-$11M+17.2%
Net Income-$138M-19484.0%
EPS (Diluted)-15.98+69.8%
Gross Margin46.06%+82.1%
EBITDA Margin-107.37%+31.3%
Operating Margin-122.06%+31.3%
Net Margin-1360.91%-16195.3%
ROE-278.19%-410.0%

IPST Price & Volume

IP Strategy Holdings, Inc. (IPST) stock price & volume — 10-year historical chart

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Persistent Operational Losses Threaten Corporate Solvency

Investment Thesis • Updated 2026Q1

VerdictNegative

Growth:Mixed

Profitability:Negative

Financial:Vulnerable

Cash Flow:Burning

Primary Risk:Imminent liquidity shortfall

Key Thesis Takeaways

IP Strategy Holdings exhibits extreme financial instability characterized by erratic revenue growth and a structural inability to convert sales into positive operating cash flow.
The company's reliance on non-operating items to mask core losses, combined with a severely depleted cash position of $92,700, suggests an imminent liquidity crisis.
Investors should monitor the high concentration of goodwill, which represents $24.8 million of the $42.8 million total asset base, as potential future impairments may further erode shareholder equity.

Verdict Logic

the company's precarious cash position of $92,700 against consistent quarterly operating losses suggests an imminent risk of insolvency or severe shareholder dilution.

IPST Growth Metrics

IP Strategy Holdings, Inc. (IPST) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years-

3 Years6.79%

TTM37.89%

Profit CAGR

10 Years-

5 Years-

3 Years-

TTM-7157.52%

EPS CAGR

10 Years-

5 Years-

3 Years-

TTM-128.16%

Return on Capital

10 Years-65.7%

5 Years-65.7%

3 Years-59.5%

Last Year-21.66%

IPST Recent Earnings

IP Strategy Holdings, Inc. (IPST) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 0/5 qtrs (0%)●Beat Revenue 1/5 qtrs (33%)

Q2 2026Latest

May 20, 2026

Metric

Actual

Est

EPS

$4.78-896.7%

$0.60

Rev

$2M-34.3%

$3M

Q2 2026

Apr 14, 2026

Metric

Actual

Est

EPS

$33.37-4071.3%

$0.80

Rev

$5M+139.4%

$2M

Q4 2025

Nov 17, 2025

Metric

Actual

Est

EPS

$0.05

—

Rev

$3M+0.0%

$3M

Q3 2025

Aug 14, 2025

Metric

Actual

Est

EPS

$0.77

—

Rev

$1M

—

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 20, 2026	$4.78vs $0.60-896.7%	$2Mvs $3M-34.3%
Q2 2026	Apr 14, 2026	$33.37vs $0.80-4071.3%	$5Mvs $2M+139.4%
Q4 2025	Nov 17, 2025	$0.05	$3Mvs $3M+0.0%
Q3 2025	Aug 14, 2025	$0.77	$1M

Based on last 5 quarters of dataView full earnings history →

Latest IPST News

Recent stock market news and headlines for IP Strategy Holdings, Inc. (IPST)

GlobeNewsWire·Jun 26, 2026

IP Strategy Highlights Story Foundation's Transition to The DATA Foundation and Launch of DATA Network

GIG HARBOR, Wash., June 26, 2026 (GLOBE NEWSWIRE) -- IP Strategy Holdings, Inc. (Nasdaq: IPST) (the “Company” or “IP Strategy”), the first company to adopt a treasury reserve policy centered on $DATA, formerly $IP, today highlighted Story Foundation 's strategic transition to The DATA Foundation (“DATA”), including the launch of DATA Network, Trace , and a flagship integration with Kled , which DATA describes as the world's largest opt-in human data marketplace.

Peers Comparison

Key metrics vs top competitors for IP Strategy Holdings, Inc. (IPST)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
IPSTIP Strategy Holdings, Inc.Current	$2.34	$1.16M	-0.15	20.43%	-1360.91%	-278.19%	—
MGPIMGP Ingredients, Inc.	$16.63	$355.4M	-3.33	-23.77%	-45.97%	-32.05%	—
KRUSKura Sushi USA, Inc.	$52.90	$642.62M	-330.63	18.88%	-0.65%	-0.9%	—
SWKHSWK Holdings Corporation	$15.90	$192.33M	-75.71	-9.4%	-6.21%	-0.99%	—
WVVIWillamette Valley Vineyards, Inc.	$2.65	$13.2M	-4.14	53.74%	-1.99%	-1.12%	—
DEODiageo plc	$82.84	$46.05B	19.54	-0.12%	14.7%	54.04%	—

Compare IPST vs Peers

IP Strategy Holdings, Inc. (IPST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MGPI

Most directly comparable listed peer for IPST.

Scale Benchmark

vs MNST

Larger-name benchmark to compare IPST against a more recognizable public peer.

Peer Set

Compare Top 5

vs MGPI, KRUS, SWKH, WVVI

IPST SEC Filings & Documents

IP Strategy Holdings, Inc. (IPST) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 14, 2026·SEC

Material company update

Apr 21, 2026·SEC

Material company update

Apr 16, 2026·SEC

10-K Annual Reports

FY 2026

Apr 14, 2026·SEC

FY 2025

Apr 28, 2025·SEC

10-Q Quarterly Reports

FY 2026

May 20, 2026·SEC

FY 2025

Nov 18, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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IPST Frequently Asked Questions

IP Strategy Holdings, Inc. (IPST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is IP Strategy Holdings, Inc.'s revenue?

IP Strategy Holdings, Inc. (IPST) reported $10.7M in revenue for fiscal year 2025. This represents a 30% increase from $8.3M in 2021.

How fast is IP Strategy Holdings, Inc. growing?

IP Strategy Holdings, Inc. (IPST) grew revenue by 20.4% over the past year. This is strong growth.

Is IPST profitable?

IP Strategy Holdings, Inc. (IPST) reported a net loss of $201.4M for fiscal year 2025.

Dividend & Returns

What is IPST's return on equity?

IP Strategy Holdings, Inc. (IPST) has a return on equity (ROE) of -278.2%. Negative ROE indicates the company is unprofitable.

What is IP Strategy Holdings, Inc.'s free cash flow?

IP Strategy Holdings, Inc. (IPST) had negative free cash flow of $15.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in IPST back in 2021?

Total return calculator · dividends reinvested · 5+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 20, 2026

$4.78vs $0.60-896.7%

$2Mvs $3M-34.3%

Q2 2026

Apr 14, 2026

$33.37vs $0.80-4071.3%

$5Mvs $2M+139.4%

Q4 2025

Nov 17, 2025

$0.05

$3Mvs $3M+0.0%

Q3 2025

Aug 14, 2025

$0.77

$1M

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

IPSTIP Strategy Holdings, Inc.Current

$2.34

$1.16M

-0.15

20.43%

-1360.91%

-278.19%

—

MGPIMGP Ingredients, Inc.

$16.63

$355.4M

-3.33

-23.77%

-45.97%

-32.05%

—

KRUSKura Sushi USA, Inc.

$52.90

$642.62M

-330.63

18.88%

-0.65%

-0.9%

—

SWKHSWK Holdings Corporation

$15.90

$192.33M

-75.71

-9.4%

-6.21%

-0.99%

—

WVVIWillamette Valley Vineyards, Inc.

$2.65

$13.2M

-4.14

53.74%

-1.99%

-1.12%

—

DEODiageo plc

$82.84

$46.05B

19.54

-0.12%

14.7%

54.04%

—