Ideal Power Inc. (IPWR) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | -2.03M | -2.16M | -2.55M | -2.36M | -2.07M | -2.55M | -2.22M | -2.1M | -1.88M | -1.95M | -1.77M | -1.65M | -1.76M | -1.87M | -1.43M | -1.66M | -1.42M | -1.29M | -1.19M | -957.76K |
| Operating CF Margin % | - | - | -10421.16% | -184982.51% | -17218.81% | -47150.02% | -401042.78% | -157448.16% | -2381.66% | -3176.23% | -113695.7% | -1222.76% | -264416.11% | -11266.74% | -13407.18% | -3264.93% | -1133.63% | -1001.61% | -984.61% | -1130.7% |
| Operating CF Growth % | 1.54% | 15.2% | -14.68% | -12.54% | -10.21% | -30.57% | -25.51% | -26.8% | -6.81% | -4.36% | -23.69% | 0.7% | -23.89% | -45.26% | -20.1% | -73.78% | -68.04% | -80.06% | 73.48% | -39.06% |
| Net Income | -3.63M | -1.9M | -2.94M | -3.04M | -2.7M | -2.6M | -2.69M | -2.66M | -2.47M | -2.41M | -2.74M | -2.28M | -2.53M | -1.89M | -1.7M | -1.69M | -1.9M | -1.42M | -1.24M | -1.19M |
| Depreciation & Amortization | 116.87K | 117.28K | 115.96K | 112.93K | 111.35K | 110.57K | -143.81K | 101.54K | 97.28K | 93.75K | -105.77K | 83.64K | 68.38K | 110.97K | 45.51K | 44.86K | 44.19K | 43.96K | 43.26K | 40.83K |
| Stock-Based Compensation | 991.44K | -268.67K | 0 | 330.03K | 384.6K | 0 | 418.21K | 364.58K | 381.02K | 462.17K | 626K | 623.28K | 609.93K | 279.67K | 233.89K | 230.47K | 231.76K | 104.8K | 93.87K | 91.71K |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -20.93K | 36.53K | 399.07K | -2.99K | 52.79K | 432.45K | 251.85K | 51K | 10.22K | 341.14K | 193.9K | 0 | 0 | 111.6K | 0 | 0 | 100.1K | 139.3K | 0 | -90.88K |
| Working Capital Changes | 509.27K | -149.37K | -122.36K | 238.27K | 87.51K | -497.12K | -57.68K | 49.31K | 105.82K | -444.16K | 256.1K | -79.88K | 93.96K | -482.48K | -6.84K | -249.73K | 111.46K | -155.43K | -90.1K | 187.28K |
| Change in Receivables | 0 | 7.5K | -23.32K | 360 | -7.84K | 634 | 5 | 138.67K | -70K | 30K | 103.32K | -136.72K | -664 | -16.61K | 97.83K | 114.97K | -28.88K | 29.27K | -130.16K | -6.48K |
| Change in Inventory | -31.93K | 19.4K | 12.3K | 11.95K | 7.07K | -36.28K | 19.53K | 29.7K | -27.91K | -81.45K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 349.16K | 179.2K | 0 | 0 | 0 | 28.06K | -154.58K | -151.38K | -23.09K | 0 | -48.05K | 43.2K | -61.69K | 0 | 2.08K | -362.27K | 249.53K | 73.14K | -101.75K | 51.82K |
| Cash from Investing | -253.97K | -72.76K | -156.4K | -150.46K | -69.88K | -61.33K | -206.1K | -135.45K | -103.55K | -116.91K | -152.17K | -184.41K | -69.45K | -105.86K | -138.96K | -40.3K | -27.62K | -54.13K | -37.78K | -114.28K |
| Capital Expenditures | -142.09K | -8.15K | -70.21K | -29.8K | -11.32K | -61.33K | -129.43K | -34.42K | -29.61K | -42.49K | -84.31K | -69.03K | -44.99K | -64.41K | -105.99K | -1.22K | -11.03K | -582 | -10.77K | -31.46K |
| CapEx % of Revenue | - | - | 287.14% | 2337.57% | 94.34% | 1134.02% | 23361.91% | 2586.4% | 37.61% | 69.1% | 5415.09% | 51.07% | 6776.36% | 387.84% | 992.89% | 2.39% | 8.82% | 0.45% | 8.9% | 37.14% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -111.87K | -64.61K | -86.19K | -120.66K | -58.55K | 0 | -76.67K | -101.03K | -73.94K | -74.42K | -67.86K | -115.38K | -24.45K | -41.45K | -32.97K | -39.09K | -16.59K | -53.55K | -27.02K | -82.83K |
| Cash from Financing | 12.57M | -30.1K | -7.07K | -82.31K | -9.35K | -201.87K | 1.02M | 2.06M | 13.74M | -216.26K | 0 | 0 | 0 | -127.87K | 0 | 0 | 0 | 24.86K | 0 | 0 |
| Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 12.57M | 0 | -7.07K | -82.42K | -9.35K | 14.86K | 0 | 2.07M | 13.65M | -216.26K | 0 | 0 | 0 | -127.87K | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | -7.07K | -82.42K | -9.35K | 0 | 0 | 0 | 0 | -216.26K | 0 | 0 | 0 | -127.87K | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -4.15K | -30.1K | 0 | 110 | 0 | -216.73K | 1.02M | -11.58K | 86.76K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24.86K | 0 | 0 |
| Net Change in Cash | 10.28M | -2.27M | -2.71M | -2.59M | -2.15M | -2.81M | -1.41M | -170.51K | 11.76M | -2.29M | -1.92M | -1.84M | -1.83M | -2.1M | -1.57M | -1.7M | -1.44M | -1.32M | -1.23M | -1.07M |
| Free Cash Flow | -2.18M | -2.23M | -2.62M | -2.39M | -2.08M | -2.55M | -2.43M | -2.23M | -1.98M | -2M | -1.92M | -1.84M | -1.83M | -1.94M | -1.57M | -1.7M | -1.44M | -1.34M | -1.23M | -1.07M |
| FCF Margin % | - | - | -10708.3% | -187320.08% | -17313.15% | -47220.41% | -438244.22% | -167625.02% | -2513.17% | -3245.34% | -123469.11% | -1359.19% | -274875.45% | -11654.58% | -14708.9% | -3343.99% | -1155.72% | -1043.7% | -1015.82% | -1265.62% |
| FCF Growth % | -4.76% | 12.48% | -7.84% | -7.05% | -5.02% | -27.98% | -26.29% | -21.44% | -8.42% | -3.09% | -22.43% | -7.77% | -26.33% | -44.2% | -27.72% | -59.01% | -65.29% | -82.79% | 72.65% | -55.65% |
| FCF per Share | -0.20 | -0.24 | -0.29 | -0.26 | -0.23 | -0.28 | -0.28 | -0.26 | -0.31 | -0.32 | -0.31 | -0.30 | -0.30 | -0.31 | -0.25 | -0.28 | -0.23 | -0.22 | -0.20 | -0.18 |
| FCF Conversion (FCF/Net Income) | 0.56x | 1.14x | 0.87x | 0.78x | 0.76x | 0.98x | 0.83x | 0.79x | 0.76x | 0.81x | 0.65x | 0.72x | 0.69x | 0.99x | 0.84x | 0.98x | 0.74x | 0.91x | 0.96x | 0.81x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |