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Side-by-side financial comparison of iPower Inc. (IPW) and KalVista Pharmaceuticals, Inc. (KALV). Click either name above to swap in a different company.

KalVista Pharmaceuticals, Inc. is the larger business by last-quarter revenue ($13.7M vs $12.0M, roughly 1.1× iPower Inc.).

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.

KalVista Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the research, development and commercialization of novel oral serine protease inhibitor therapies. Its core pipeline addresses unmet medical needs for rare and inflammatory diseases including hereditary angioedema and diabetic macular edema, with primary target markets in North America and Europe.

IPW vs KALV — Head-to-Head

Bigger by revenue
KALV
KALV
1.1× larger
KALV
$13.7M
$12.0M
IPW

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
IPW
IPW
KALV
KALV
Revenue
$12.0M
$13.7M
Net Profit
$-49.5M
Gross Margin
40.0%
91.0%
Operating Margin
-14.1%
-336.3%
Net Margin
-361.4%
Revenue YoY
-36.8%
Net Profit YoY
-17.1%
EPS (diluted)
$-0.51
$-0.92

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
KALV
KALV
Q3 25
$12.0M
$13.7M
Q3 24
$0
Net Profit
IPW
IPW
KALV
KALV
Q3 25
$-49.5M
Q3 24
$-40.4M
Gross Margin
IPW
IPW
KALV
KALV
Q3 25
40.0%
91.0%
Q3 24
Operating Margin
IPW
IPW
KALV
KALV
Q3 25
-14.1%
-336.3%
Q3 24
Net Margin
IPW
IPW
KALV
KALV
Q3 25
-361.4%
Q3 24
EPS (diluted)
IPW
IPW
KALV
KALV
Q3 25
$-0.51
$-0.92
Q3 24
$-0.87

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
KALV
KALV
Cash + ST InvestmentsLiquidity on hand
$904.0K
$243.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.9M
$17.0M
Total Assets
$28.6M
$339.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
KALV
KALV
Q3 25
$904.0K
$243.5M
Q3 24
$31.8M
Stockholders' Equity
IPW
IPW
KALV
KALV
Q3 25
$17.9M
$17.0M
Q3 24
$172.8M
Total Assets
IPW
IPW
KALV
KALV
Q3 25
$28.6M
$339.9M
Q3 24
$200.2M

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
KALV
KALV
Operating Cash FlowLast quarter
$1.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPW
IPW
KALV
KALV
Q3 25
$1.7M
Q3 24
$-40.2M
Free Cash Flow
IPW
IPW
KALV
KALV
Q3 25
Q3 24
$-40.2M

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%

KALV
KALV

Segment breakdown not available.

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