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

Laird Superfood, Inc. is the larger business by last-quarter revenue ($13.3M vs $12.0M, roughly 1.1× iPower Inc.). On growth, Laird Superfood, Inc. posted the faster year-over-year revenue change (15.0% 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.

Laird Superfood, Inc. develops, manufactures and sells a portfolio of plant-based functional superfood products, including premium coffee creamers, hydration blends, nutritional supplements, and plant-powered snacks. It serves health-conscious consumers through direct-to-consumer e-commerce platforms and offline retail partners, mainly operating in the North American market with a focus on sustainably sourced clean ingredients.

IPW vs LSF — Head-to-Head

Bigger by revenue
LSF
LSF
1.1× larger
LSF
$13.3M
$12.0M
IPW
Growing faster (revenue YoY)
LSF
LSF
+51.8% gap
LSF
15.0%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IPW
IPW
LSF
LSF
Revenue
$12.0M
$13.3M
Net Profit
$-1.8M
Gross Margin
40.0%
34.1%
Operating Margin
-14.1%
-13.5%
Net Margin
-13.2%
Revenue YoY
-36.8%
15.0%
Net Profit YoY
-341.4%
EPS (diluted)
$-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
IPW
IPW
LSF
LSF
Q4 25
$13.3M
Q3 25
$12.0M
$12.9M
Q2 25
$12.0M
Q1 25
$11.7M
Q4 24
$11.6M
Q3 24
$11.8M
Q2 24
$10.0M
Q1 24
$9.9M
Net Profit
IPW
IPW
LSF
LSF
Q4 25
$-1.8M
Q3 25
$-975.1K
Q2 25
$-362.2K
Q1 25
$-156.2K
Q4 24
$-398.4K
Q3 24
$-166.1K
Q2 24
$-239.1K
Q1 24
$-1.0M
Gross Margin
IPW
IPW
LSF
LSF
Q4 25
34.1%
Q3 25
40.0%
36.5%
Q2 25
39.9%
Q1 25
41.9%
Q4 24
38.6%
Q3 24
43.0%
Q2 24
41.8%
Q1 24
40.0%
Operating Margin
IPW
IPW
LSF
LSF
Q4 25
-13.5%
Q3 25
-14.1%
-7.7%
Q2 25
-3.3%
Q1 25
-1.9%
Q4 24
-4.1%
Q3 24
-2.3%
Q2 24
-3.4%
Q1 24
-11.0%
Net Margin
IPW
IPW
LSF
LSF
Q4 25
-13.2%
Q3 25
-7.6%
Q2 25
-3.0%
Q1 25
-1.3%
Q4 24
-3.4%
Q3 24
-1.4%
Q2 24
-2.4%
Q1 24
-10.3%
EPS (diluted)
IPW
IPW
LSF
LSF
Q4 25
Q3 25
$-0.51
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
LSF
LSF
Cash + ST InvestmentsLiquidity on hand
$904.0K
$5.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.9M
$11.5M
Total Assets
$28.6M
$19.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
LSF
LSF
Q4 25
$5.1M
Q3 25
$904.0K
$5.1M
Q2 25
$3.9M
Q1 25
$7.0M
Q4 24
$8.3M
Q3 24
$7.9M
Q2 24
$7.6M
Q1 24
$7.1M
Stockholders' Equity
IPW
IPW
LSF
LSF
Q4 25
$11.5M
Q3 25
$17.9M
$12.8M
Q2 25
$13.4M
Q1 25
$13.3M
Q4 24
$13.2M
Q3 24
$13.1M
Q2 24
$12.6M
Q1 24
$12.7M
Total Assets
IPW
IPW
LSF
LSF
Q4 25
$19.2M
Q3 25
$28.6M
$18.9M
Q2 25
$20.4M
Q1 25
$21.5M
Q4 24
$19.3M
Q3 24
$18.8M
Q2 24
$18.0M
Q1 24
$17.6M

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
LSF
LSF
Operating Cash FlowLast quarter
$1.7M
$68.4K
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
LSF
LSF
Q4 25
$68.4K
Q3 25
$1.7M
$1.2M
Q2 25
$-2.8M
Q1 25
$-1.3M
Q4 24
$339.2K
Q3 24
$305.8K
Q2 24
$642.7K
Q1 24
$-422.3K

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%

LSF
LSF

Wholesale$7.0M52%
Coffee Tea And Hot Chocolate Products$4.4M33%
Hydration And Beverage Enhancing Supplements$1.6M12%
Other$352.6K3%

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