vs

Side-by-side financial comparison of EVOLUTION PETROLEUM CORP (EPM) and iPower Inc. (IPW). Click either name above to swap in a different company.

EVOLUTION PETROLEUM CORP is the larger business by last-quarter revenue ($20.7M vs $12.0M, roughly 1.7× iPower Inc.). On growth, EVOLUTION PETROLEUM CORP posted the faster year-over-year revenue change (2.0% vs -36.8%).

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

EPM vs IPW — Head-to-Head

Bigger by revenue
EPM
EPM
1.7× larger
EPM
$20.7M
$12.0M
IPW
Growing faster (revenue YoY)
EPM
EPM
+38.8% gap
EPM
2.0%
-36.8%
IPW

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
EPM
EPM
IPW
IPW
Revenue
$20.7M
$12.0M
Net Profit
$1.1M
Gross Margin
44.3%
40.0%
Operating Margin
3.2%
-14.1%
Net Margin
5.2%
Revenue YoY
2.0%
-36.8%
Net Profit YoY
158.4%
EPS (diluted)
$0.03
$-0.51

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EPM
EPM
IPW
IPW
Q4 25
$20.7M
Q3 25
$21.3M
$12.0M
Q2 25
$21.1M
Q1 25
$22.6M
Q4 24
$20.3M
Q3 24
$21.9M
Q2 24
$21.2M
Q1 24
$23.0M
Net Profit
EPM
EPM
IPW
IPW
Q4 25
$1.1M
Q3 25
$824.0K
Q2 25
$3.4M
Q1 25
$-2.2M
Q4 24
$-1.8M
Q3 24
$2.1M
Q2 24
$1.2M
Q1 24
$289.0K
Gross Margin
EPM
EPM
IPW
IPW
Q4 25
44.3%
Q3 25
38.5%
40.0%
Q2 25
46.1%
Q1 25
40.7%
Q4 24
36.9%
Q3 24
46.2%
Q2 24
46.3%
Q1 24
45.2%
Operating Margin
EPM
EPM
IPW
IPW
Q4 25
3.2%
Q3 25
-0.4%
-14.1%
Q2 25
6.3%
Q1 25
7.0%
Q4 24
-3.0%
Q3 24
8.5%
Q2 24
11.3%
Q1 24
9.1%
Net Margin
EPM
EPM
IPW
IPW
Q4 25
5.2%
Q3 25
3.9%
Q2 25
16.2%
Q1 25
-9.7%
Q4 24
-9.0%
Q3 24
9.4%
Q2 24
5.8%
Q1 24
1.3%
EPS (diluted)
EPM
EPM
IPW
IPW
Q4 25
$0.03
Q3 25
$0.02
$-0.51
Q2 25
$0.10
Q1 25
$-0.07
Q4 24
$-0.06
Q3 24
$0.06
Q2 24
$0.04
Q1 24
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EPM
EPM
IPW
IPW
Cash + ST InvestmentsLiquidity on hand
$3.8M
$904.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$67.5M
$17.9M
Total Assets
$169.3M
$28.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPM
EPM
IPW
IPW
Q4 25
$3.8M
Q3 25
$714.0K
$904.0K
Q2 25
$2.5M
Q1 25
$5.6M
Q4 24
$11.7M
Q3 24
$6.9M
Q2 24
$6.4M
Q1 24
$3.1M
Stockholders' Equity
EPM
EPM
IPW
IPW
Q4 25
$67.5M
Q3 25
$69.1M
$17.9M
Q2 25
$71.8M
Q1 25
$71.7M
Q4 24
$76.3M
Q3 24
$79.6M
Q2 24
$81.1M
Q1 24
$83.5M
Total Assets
EPM
EPM
IPW
IPW
Q4 25
$169.3M
Q3 25
$169.1M
$28.6M
Q2 25
$160.3M
Q1 25
$156.4M
Q4 24
$160.2M
Q3 24
$157.9M
Q2 24
$162.9M
Q1 24
$166.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EPM
EPM
IPW
IPW
Operating Cash FlowLast quarter
$5.4M
$1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
5.09×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPM
EPM
IPW
IPW
Q4 25
$5.4M
Q3 25
$7.8M
$1.7M
Q2 25
$10.5M
Q1 25
$7.3M
Q4 24
$7.7M
Q3 24
$7.6M
Q2 24
$8.0M
Q1 24
$3.4M
Cash Conversion
EPM
EPM
IPW
IPW
Q4 25
5.09×
Q3 25
9.47×
Q2 25
3.06×
Q1 25
Q4 24
Q3 24
3.69×
Q2 24
6.47×
Q1 24
11.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EPM
EPM

Crude Oil$10.7M52%
Natural Gas Reserves$7.4M36%
Natural Gas Liquids Reserves$2.5M12%

IPW
IPW

Products$10.5M87%
Services$1.5M13%

Related Comparisons