Ideal Power Inc. develops and commercializes bidirectional bipolar junction transistor (BBJT) solid-state switch technology. The company's primary product, the SymCool Power Module, addresses low conduction loss requirements in solid-state circuit breaker applications. This semiconductor-based technology enables switching and power conversion functions across multiple industrial and infrastructure sectors.
The company serves markets including electric and hybrid electric vehicle powertrains, EV charging infrastructure, renewable energy and energy storage system converters, data center uninterruptible power supplies, industrial motor drives, and solid-state circuit breakers for grid distribution and transmission. Additional applications span industrial and military sectors. The addressable markets reflect demand for high-efficiency power conversion and switching solutions in electrification and grid modernization.
Ideal Power operates as a small-scale semiconductor developer with 16 full-time employees and is headquartered in Austin, Texas. The company was incorporated in Delaware in 2007 and trades on the Nasdaq exchange under the ticker IPWR. Its operations and focus remain concentrated in North America, with development and commercialization centered in Austin.
Fiscal years are as reported by the company and may not align with the calendar year. For example, Apple's FY 2024 ends in September 2024.
| Fiscal Year | EPS Diluted | EPS Basic | YoY | |
|---|---|---|---|---|
| 2024 | — | $-1.28 | +20.5% | |
| 2023 | — | $-1.61 | -37.6% | |
| 2022 | $-1.17 | $-1.17 | -46.2% | |
| 2021 | $-0.80 | $-0.80 | — | |
| 2020 | — | — | — | |
| 2019 | — | — | — | |
| 2018 | — | — | — | |
| 2017 | — | — | — | |
| 2016 | — | — | — | |
| 2015 | — | — | — | |
| 2014 | — | — | — | |
| 2013 | — | — | — |
| Report Date | Filed | Accession Number | |
|---|---|---|---|
| 2024-12-31 | 2025-03-28 | 0001437749-25-009911 | SEC ↗ |
| 2023-12-31 | 2024-04-01 | 0001437749-24-010360 | SEC ↗ |
| 2022-12-31 | 2023-03-30 | 0001104659-23-039133 | SEC ↗ |
| 2021-12-31 | 2022-03-25 | 0001104659-22-037832 | SEC ↗ |
| 2020-12-31 | 2021-03-26 | 0001104659-21-041953 | SEC ↗ |
| 2019-12-31 | 2020-03-31 | 0001104659-20-040667 | SEC ↗ |
| 2018-12-31 | 2019-04-01 | 0001144204-19-017411 | SEC ↗ |
| 2017-12-31 | 2018-04-02 | 0001144204-18-018361 | SEC ↗ |
| 2016-12-31 | 2017-03-29 | 0001507957-17-000011 | SEC ↗ |
| 2015-12-31 | 2016-03-30 | 0001144204-16-091533 | SEC ↗ |
| 2014-12-31 | 2015-03-25 | 0001144204-15-018355 | SEC ↗ |
| 2013-12-31 | 2014-03-28 | 0001144204-14-018885 | SEC ↗ |