iPower Reports Fiscal Third Quarter 2026 Results Highlighted by Lower Operating Cost Structure, Narrowed Non-GAAP Loss and Advancing AI Infrastructure Strategy

iPower Inc. reported fiscal Q3 2026 results showing significant operational improvements with a 66% sequential decline in operating expenses to $1.9 million and narrowed non-GAAP net loss to $0.3 million. The company recorded a $3.0 million non-cash goodwill impairment but strengthened its balance sheet with a current ratio of 2.2x. Post-quarter, iPower secured $2.6 million in contracted sublease income through May 2028 and launched an AI infrastructure strategy with initial commitments of up to $3 million in GPU-collateralized investments.