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Side-by-side financial comparison of iPower Inc. (IPW) and INNOVATIVE SOLUTIONS & SUPPORT INC (ISSC). Click either name above to swap in a different company.

INNOVATIVE SOLUTIONS & SUPPORT INC is the larger business by last-quarter revenue ($21.8M vs $12.0M, roughly 1.8× iPower Inc.). On growth, INNOVATIVE SOLUTIONS & SUPPORT INC posted the faster year-over-year revenue change (36.6% 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.

Motorola Solutions, Inc., is an American technology company that provides safety and security products and services. Headquartered in Chicago, Illinois, the company provides critical communications, video security, and command center technologies, used by public safety agencies and enterprises. It was formed in 2011 by the division of Motorola, Inc., and is its legal successor; the former company's mobile phone division was spun off as Motorola Mobility, now part of Chinese technology company...

IPW vs ISSC — Head-to-Head

Bigger by revenue
ISSC
ISSC
1.8× larger
ISSC
$21.8M
$12.0M
IPW
Growing faster (revenue YoY)
ISSC
ISSC
+73.3% gap
ISSC
36.6%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IPW
IPW
ISSC
ISSC
Revenue
$12.0M
$21.8M
Net Profit
$4.1M
Gross Margin
40.0%
54.5%
Operating Margin
-14.1%
28.9%
Net Margin
18.6%
Revenue YoY
-36.8%
36.6%
Net Profit YoY
451.4%
EPS (diluted)
$-0.51
$0.22

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
IPW
IPW
ISSC
ISSC
Q4 25
$21.8M
Q3 25
$12.0M
$22.2M
Q2 25
$24.1M
Q1 25
$21.9M
Q4 24
$16.0M
Q3 24
$15.4M
Q2 24
$11.8M
Q1 24
$10.7M
Net Profit
IPW
IPW
ISSC
ISSC
Q4 25
$4.1M
Q3 25
$7.1M
Q2 25
$2.4M
Q1 25
$5.3M
Q4 24
$736.2K
Q3 24
$3.2M
Q2 24
$1.6M
Q1 24
$1.2M
Gross Margin
IPW
IPW
ISSC
ISSC
Q4 25
54.5%
Q3 25
40.0%
63.2%
Q2 25
35.5%
Q1 25
51.4%
Q4 24
41.4%
Q3 24
55.4%
Q2 24
53.4%
Q1 24
52.0%
Operating Margin
IPW
IPW
ISSC
ISSC
Q4 25
28.9%
Q3 25
-14.1%
37.0%
Q2 25
14.6%
Q1 25
31.8%
Q4 24
8.4%
Q3 24
28.4%
Q2 24
17.3%
Q1 24
15.3%
Net Margin
IPW
IPW
ISSC
ISSC
Q4 25
18.6%
Q3 25
32.0%
Q2 25
10.1%
Q1 25
24.3%
Q4 24
4.6%
Q3 24
20.7%
Q2 24
13.2%
Q1 24
11.3%
EPS (diluted)
IPW
IPW
ISSC
ISSC
Q4 25
$0.22
Q3 25
$-0.51
$0.40
Q2 25
$0.14
Q1 25
$0.30
Q4 24
$0.04
Q3 24
$0.18
Q2 24
$0.09
Q1 24
$0.07

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
ISSC
ISSC
Cash + ST InvestmentsLiquidity on hand
$904.0K
$8.3M
Total DebtLower is stronger
$23.8M
Stockholders' EquityBook value
$17.9M
$68.7M
Total Assets
$28.6M
$109.9M
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
ISSC
ISSC
Q4 25
$8.3M
Q3 25
$904.0K
$2.7M
Q2 25
$601.8K
Q1 25
$1.2M
Q4 24
$604.6K
Q3 24
$539.0K
Q2 24
$521.0K
Q1 24
$574.1K
Total Debt
IPW
IPW
ISSC
ISSC
Q4 25
$23.8M
Q3 25
$24.4M
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
IPW
IPW
ISSC
ISSC
Q4 25
$68.7M
Q3 25
$17.9M
$64.6M
Q2 25
$56.8M
Q1 25
$53.5M
Q4 24
$47.8M
Q3 24
$46.6M
Q2 24
$43.2M
Q1 24
$41.4M
Total Assets
IPW
IPW
ISSC
ISSC
Q4 25
$109.9M
Q3 25
$28.6M
$103.4M
Q2 25
$91.8M
Q1 25
$89.9M
Q4 24
$81.3M
Q3 24
$82.4M
Q2 24
$59.8M
Q1 24
$57.6M
Debt / Equity
IPW
IPW
ISSC
ISSC
Q4 25
0.35×
Q3 25
0.38×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

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

Metric
IPW
IPW
ISSC
ISSC
Operating Cash FlowLast quarter
$1.7M
$8.2M
Free Cash FlowOCF − Capex
$7.0M
FCF MarginFCF / Revenue
32.3%
Capex IntensityCapex / Revenue
5.1%
Cash ConversionOCF / Net Profit
2.01×
TTM Free Cash FlowTrailing 4 quarters
$12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPW
IPW
ISSC
ISSC
Q4 25
$8.2M
Q3 25
$1.7M
$3.0M
Q2 25
$7.2M
Q1 25
$1.3M
Q4 24
$1.8M
Q3 24
$445.3K
Q2 24
$934.1K
Q1 24
$201.1K
Free Cash Flow
IPW
IPW
ISSC
ISSC
Q4 25
$7.0M
Q3 25
$2.0M
Q2 25
$3.5M
Q1 25
$-267.7K
Q4 24
$1.6M
Q3 24
$299.5K
Q2 24
$730.8K
Q1 24
$75.4K
FCF Margin
IPW
IPW
ISSC
ISSC
Q4 25
32.3%
Q3 25
8.8%
Q2 25
14.6%
Q1 25
-1.2%
Q4 24
9.9%
Q3 24
1.9%
Q2 24
6.2%
Q1 24
0.7%
Capex Intensity
IPW
IPW
ISSC
ISSC
Q4 25
5.1%
Q3 25
4.5%
Q2 25
15.3%
Q1 25
7.1%
Q4 24
1.6%
Q3 24
0.9%
Q2 24
1.7%
Q1 24
1.2%
Cash Conversion
IPW
IPW
ISSC
ISSC
Q4 25
2.01×
Q3 25
0.42×
Q2 25
2.95×
Q1 25
0.24×
Q4 24
2.50×
Q3 24
0.14×
Q2 24
0.60×
Q1 24
0.17×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IPW
IPW

Products$10.5M87%
Services$1.5M13%

ISSC
ISSC

Products$13.6M62%
Services$8.2M38%

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