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Side-by-side financial comparison of iPower Inc. (IPW) and Open Lending Corp (LPRO). Click either name above to swap in a different company.

Open Lending Corp is the larger business by last-quarter revenue ($19.3M vs $12.0M, roughly 1.6× iPower Inc.). On growth, Open Lending Corp posted the faster year-over-year revenue change (134.0% 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.

Open Library is an online project intended to create "one web page for every book ever published". Created by Aaron Swartz, Brewster Kahle, Alexis Rossi, Anand Chitipothu, and Rebecca Hargrave Malamud, Open Library is a project of the Internet Archive, a nonprofit organization. It has been funded in part by grants from the California State Library and the Kahle/Austin Foundation. Open Library provides online digital copies in multiple formats, created from images of many public domain, out-of...

IPW vs LPRO — Head-to-Head

Bigger by revenue
LPRO
LPRO
1.6× larger
LPRO
$19.3M
$12.0M
IPW
Growing faster (revenue YoY)
LPRO
LPRO
+170.8% gap
LPRO
134.0%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IPW
IPW
LPRO
LPRO
Revenue
$12.0M
$19.3M
Net Profit
Gross Margin
40.0%
76.0%
Operating Margin
-14.1%
3.9%
Net Margin
Revenue YoY
-36.8%
134.0%
Net Profit YoY
EPS (diluted)
$-0.51
$-0.00

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
LPRO
LPRO
Q4 25
$19.3M
Q3 25
$12.0M
$24.2M
Q2 25
$25.3M
Q1 25
$24.4M
Q4 24
$-56.9M
Q3 24
$23.5M
Q2 24
$26.7M
Q1 24
$30.7M
Net Profit
IPW
IPW
LPRO
LPRO
Q4 25
Q3 25
$-7.6M
Q2 25
$1.0M
Q1 25
$617.0K
Q4 24
Q3 24
$1.4M
Q2 24
$2.9M
Q1 24
$5.1M
Gross Margin
IPW
IPW
LPRO
LPRO
Q4 25
76.0%
Q3 25
40.0%
78.0%
Q2 25
78.2%
Q1 25
75.1%
Q4 24
111.0%
Q3 24
73.9%
Q2 24
78.6%
Q1 24
81.3%
Operating Margin
IPW
IPW
LPRO
LPRO
Q4 25
3.9%
Q3 25
-14.1%
-31.9%
Q2 25
4.6%
Q1 25
3.1%
Q4 24
138.0%
Q3 24
7.9%
Q2 24
14.9%
Q1 24
23.8%
Net Margin
IPW
IPW
LPRO
LPRO
Q4 25
Q3 25
-31.3%
Q2 25
4.1%
Q1 25
2.5%
Q4 24
Q3 24
6.1%
Q2 24
10.9%
Q1 24
16.5%
EPS (diluted)
IPW
IPW
LPRO
LPRO
Q4 25
$-0.00
Q3 25
$-0.51
$-0.06
Q2 25
$0.01
Q1 25
$0.01
Q4 24
$-1.20
Q3 24
$0.01
Q2 24
$0.02
Q1 24
$0.04

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
LPRO
LPRO
Cash + ST InvestmentsLiquidity on hand
$904.0K
$176.6M
Total DebtLower is stronger
$84.8M
Stockholders' EquityBook value
$17.9M
$75.0M
Total Assets
$28.6M
$236.7M
Debt / EquityLower = less leverage
1.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
LPRO
LPRO
Q4 25
$176.6M
Q3 25
$904.0K
$222.1M
Q2 25
$230.7M
Q1 25
$236.2M
Q4 24
$243.2M
Q3 24
$250.2M
Q2 24
$248.0M
Q1 24
$247.0M
Total Debt
IPW
IPW
LPRO
LPRO
Q4 25
$84.8M
Q3 25
$134.4M
Q2 25
$136.1M
Q1 25
$137.9M
Q4 24
$139.7M
Q3 24
$141.5M
Q2 24
$143.3M
Q1 24
$143.2M
Stockholders' Equity
IPW
IPW
LPRO
LPRO
Q4 25
$75.0M
Q3 25
$17.9M
$72.8M
Q2 25
$78.9M
Q1 25
$79.8M
Q4 24
$78.1M
Q3 24
$220.5M
Q2 24
$216.8M
Q1 24
$211.5M
Total Assets
IPW
IPW
LPRO
LPRO
Q4 25
$236.7M
Q3 25
$28.6M
$287.7M
Q2 25
$296.7M
Q1 25
$304.2M
Q4 24
$296.4M
Q3 24
$395.7M
Q2 24
$382.8M
Q1 24
$380.6M
Debt / Equity
IPW
IPW
LPRO
LPRO
Q4 25
1.13×
Q3 25
1.84×
Q2 25
1.72×
Q1 25
1.73×
Q4 24
1.79×
Q3 24
0.64×
Q2 24
0.66×
Q1 24
0.68×

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
LPRO
LPRO
Operating Cash FlowLast quarter
$1.7M
$-3.2M
Free Cash FlowOCF − Capex
$-3.3M
FCF MarginFCF / Revenue
-16.8%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPW
IPW
LPRO
LPRO
Q4 25
$-3.2M
Q3 25
$1.7M
$-5.7M
Q2 25
$848.0K
Q1 25
$-3.8M
Q4 24
$17.6M
Q3 24
$11.4M
Q2 24
$-1.4M
Q1 24
$11.0M
Free Cash Flow
IPW
IPW
LPRO
LPRO
Q4 25
$-3.3M
Q3 25
Q2 25
$837.0K
Q1 25
$-3.9M
Q4 24
$17.4M
Q3 24
$11.3M
Q2 24
$-1.5M
Q1 24
FCF Margin
IPW
IPW
LPRO
LPRO
Q4 25
-16.8%
Q3 25
Q2 25
3.3%
Q1 25
-15.9%
Q4 24
-30.6%
Q3 24
48.0%
Q2 24
-5.5%
Q1 24
Capex Intensity
IPW
IPW
LPRO
LPRO
Q4 25
0.3%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.2%
Q4 24
-0.3%
Q3 24
0.5%
Q2 24
0.2%
Q1 24
0.0%
Cash Conversion
IPW
IPW
LPRO
LPRO
Q4 25
Q3 25
Q2 25
0.82×
Q1 25
-6.22×
Q4 24
Q3 24
7.92×
Q2 24
-0.48×
Q1 24
2.16×

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%

LPRO
LPRO

Segment breakdown not available.

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