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Side-by-side financial comparison of iPower Inc. (IPW) and Linde plc (LIN). Click either name above to swap in a different company.

iPower Inc. is the larger business by last-quarter revenue ($12.0M vs $8.8M, roughly 1.4× Linde plc). On growth, Linde plc posted the faster year-over-year revenue change (8.2% 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.

Linde is a global multinational chemical company and the world's largest industrial gas supplier by market share and revenue. Founded by German scientist and engineer Carl von Linde in 1879 in Wiesbaden, Germany, the company is now headquartered in Woking, United Kingdom, and registered in Ireland as Linde plc. Linde plc was formed in 2018 through the merger of Linde AG and Praxair, which was founded in 1907 in the United States as Linde Air Products Company.

IPW vs LIN — Head-to-Head

Bigger by revenue
IPW
IPW
1.4× larger
IPW
$12.0M
$8.8M
LIN
Growing faster (revenue YoY)
LIN
LIN
+45.0% gap
LIN
8.2%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
IPW
IPW
LIN
LIN
Revenue
$12.0M
$8.8M
Net Profit
Gross Margin
40.0%
48.5%
Operating Margin
-14.1%
27.8%
Net Margin
Revenue YoY
-36.8%
8.2%
Net Profit YoY
EPS (diluted)
$-0.51
$3.98

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
LIN
LIN
Q1 26
$8.8M
Q4 25
$8.8B
Q3 25
$12.0M
$8.6B
Q2 25
$8.5B
Q1 25
$8.1B
Q4 24
$8.3B
Q3 24
$8.4B
Q2 24
$8.3B
Net Profit
IPW
IPW
LIN
LIN
Q1 26
Q4 25
$1.5B
Q3 25
$1.9B
Q2 25
$1.8B
Q1 25
$1.7B
Q4 24
$1.7B
Q3 24
$1.6B
Q2 24
$1.7B
Gross Margin
IPW
IPW
LIN
LIN
Q1 26
48.5%
Q4 25
Q3 25
40.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
IPW
IPW
LIN
LIN
Q1 26
27.8%
Q4 25
23.0%
Q3 25
-14.1%
27.5%
Q2 25
27.7%
Q1 25
26.9%
Q4 24
27.4%
Q3 24
25.0%
Q2 24
26.4%
Net Margin
IPW
IPW
LIN
LIN
Q1 26
Q4 25
17.5%
Q3 25
22.4%
Q2 25
20.8%
Q1 25
20.6%
Q4 24
20.8%
Q3 24
18.5%
Q2 24
20.1%
EPS (diluted)
IPW
IPW
LIN
LIN
Q1 26
$3.98
Q4 25
$3.28
Q3 25
$-0.51
$4.09
Q2 25
$3.73
Q1 25
$3.51
Q4 24
$3.61
Q3 24
$3.22
Q2 24
$3.44

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
LIN
LIN
Cash + ST InvestmentsLiquidity on hand
$904.0K
$4.0M
Total DebtLower is stronger
$24.7M
Stockholders' EquityBook value
$17.9M
$40.1M
Total Assets
$28.6M
$86.3M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
LIN
LIN
Q1 26
$4.0M
Q4 25
$5.1B
Q3 25
$904.0K
$4.5B
Q2 25
$4.8B
Q1 25
$5.3B
Q4 24
$4.8B
Q3 24
$5.2B
Q2 24
$4.6B
Total Debt
IPW
IPW
LIN
LIN
Q1 26
$24.7M
Q4 25
$20.7B
Q3 25
$18.6B
Q2 25
$19.7B
Q1 25
$17.6B
Q4 24
$15.3B
Q3 24
$17.5B
Q2 24
$16.9B
Stockholders' Equity
IPW
IPW
LIN
LIN
Q1 26
$40.1M
Q4 25
$38.2B
Q3 25
$17.9M
$38.6B
Q2 25
$38.5B
Q1 25
$38.0B
Q4 24
$38.1B
Q3 24
$39.2B
Q2 24
$38.2B
Total Assets
IPW
IPW
LIN
LIN
Q1 26
$86.3M
Q4 25
$86.8B
Q3 25
$28.6M
$86.0B
Q2 25
$86.1B
Q1 25
$82.7B
Q4 24
$80.1B
Q3 24
$82.5B
Q2 24
$80.2B
Debt / Equity
IPW
IPW
LIN
LIN
Q1 26
0.62×
Q4 25
0.54×
Q3 25
0.48×
Q2 25
0.51×
Q1 25
0.46×
Q4 24
0.40×
Q3 24
0.45×
Q2 24
0.44×

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
LIN
LIN
Operating Cash FlowLast quarter
$1.7M
Free Cash FlowOCF − Capex
$898.0K
FCF MarginFCF / Revenue
10.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPW
IPW
LIN
LIN
Q1 26
Q4 25
$3.0B
Q3 25
$1.7M
$2.9B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.8B
Q3 24
$2.7B
Q2 24
$1.9B
Free Cash Flow
IPW
IPW
LIN
LIN
Q1 26
$898.0K
Q4 25
$1.6B
Q3 25
$1.7B
Q2 25
$954.0M
Q1 25
$891.0M
Q4 24
$1.6B
Q3 24
$1.7B
Q2 24
$796.0M
FCF Margin
IPW
IPW
LIN
LIN
Q1 26
10.2%
Q4 25
17.9%
Q3 25
19.4%
Q2 25
11.2%
Q1 25
11.0%
Q4 24
18.8%
Q3 24
19.9%
Q2 24
9.6%
Capex Intensity
IPW
IPW
LIN
LIN
Q1 26
Q4 25
16.6%
Q3 25
14.8%
Q2 25
14.8%
Q1 25
15.7%
Q4 24
15.1%
Q3 24
12.8%
Q2 24
13.7%
Cash Conversion
IPW
IPW
LIN
LIN
Q1 26
Q4 25
1.98×
Q3 25
1.53×
Q2 25
1.25×
Q1 25
1.29×
Q4 24
1.63×
Q3 24
1.76×
Q2 24
1.16×

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%

LIN
LIN

Segment breakdown not available.

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