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

iPower Inc. is the larger business by last-quarter revenue ($12.0M vs $10.8M, roughly 1.1× MARCHEX INC). On growth, MARCHEX INC posted the faster year-over-year revenue change (-9.0% 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.

Marchex Inc. is a U.S.-headquartered technology company focused on conversational analytics, call tracking, and digital marketing solutions for small and medium-sized businesses as well as enterprise clients across North America. Its core products help businesses optimize customer acquisition strategies, quantify marketing campaign performance, and improve customer engagement across voice and digital communication channels.

IPW vs MCHX — Head-to-Head

Bigger by revenue
IPW
IPW
1.1× larger
IPW
$12.0M
$10.8M
MCHX
Growing faster (revenue YoY)
MCHX
MCHX
+27.8% gap
MCHX
-9.0%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IPW
IPW
MCHX
MCHX
Revenue
$12.0M
$10.8M
Net Profit
$-2.3M
Gross Margin
40.0%
61.6%
Operating Margin
-14.1%
-21.9%
Net Margin
-21.4%
Revenue YoY
-36.8%
-9.0%
Net Profit YoY
-21.3%
EPS (diluted)
$-0.51
$-0.05

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
MCHX
MCHX
Q4 25
$10.8M
Q3 25
$12.0M
$11.5M
Q2 25
$11.7M
Q1 25
$11.4M
Q4 24
$11.9M
Q3 24
$12.6M
Q2 24
$12.1M
Q1 24
$11.6M
Net Profit
IPW
IPW
MCHX
MCHX
Q4 25
$-2.3M
Q3 25
$-1.0M
Q2 25
$84.0K
Q1 25
$-2.0M
Q4 24
$-1.9M
Q3 24
$-831.0K
Q2 24
$-756.0K
Q1 24
$-1.4M
Gross Margin
IPW
IPW
MCHX
MCHX
Q4 25
61.6%
Q3 25
40.0%
63.1%
Q2 25
65.1%
Q1 25
63.3%
Q4 24
63.2%
Q3 24
66.4%
Q2 24
65.6%
Q1 24
61.9%
Operating Margin
IPW
IPW
MCHX
MCHX
Q4 25
-21.9%
Q3 25
-14.1%
-8.2%
Q2 25
-4.6%
Q1 25
-16.4%
Q4 24
-13.3%
Q3 24
-6.6%
Q2 24
-6.0%
Q1 24
-11.3%
Net Margin
IPW
IPW
MCHX
MCHX
Q4 25
-21.4%
Q3 25
-8.9%
Q2 25
0.7%
Q1 25
-17.4%
Q4 24
-16.0%
Q3 24
-6.6%
Q2 24
-6.3%
Q1 24
-12.5%
EPS (diluted)
IPW
IPW
MCHX
MCHX
Q4 25
$-0.05
Q3 25
$-0.51
$-0.02
Q2 25
$0.00
Q1 25
$-0.05
Q4 24
$-0.04
Q3 24
$-0.02
Q2 24
$-0.02
Q1 24
$-0.03

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
MCHX
MCHX
Cash + ST InvestmentsLiquidity on hand
$904.0K
$9.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.9M
$30.1M
Total Assets
$28.6M
$39.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
MCHX
MCHX
Q4 25
$9.9M
Q3 25
$904.0K
$10.3M
Q2 25
$10.5M
Q1 25
$10.0M
Q4 24
$12.8M
Q3 24
$12.1M
Q2 24
$12.0M
Q1 24
$12.0M
Stockholders' Equity
IPW
IPW
MCHX
MCHX
Q4 25
$30.1M
Q3 25
$17.9M
$31.9M
Q2 25
$32.0M
Q1 25
$31.4M
Q4 24
$32.6M
Q3 24
$34.1M
Q2 24
$34.5M
Q1 24
$34.9M
Total Assets
IPW
IPW
MCHX
MCHX
Q4 25
$39.7M
Q3 25
$28.6M
$41.1M
Q2 25
$42.0M
Q1 25
$40.6M
Q4 24
$43.2M
Q3 24
$44.1M
Q2 24
$45.5M
Q1 24
$45.6M

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
MCHX
MCHX
Operating Cash FlowLast quarter
$1.7M
$121.0K
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
MCHX
MCHX
Q4 25
$121.0K
Q3 25
$1.7M
$290.0K
Q2 25
$803.0K
Q1 25
$-2.6M
Q4 24
$875.0K
Q3 24
$382.0K
Q2 24
$117.0K
Q1 24
$-2.5M
Free Cash Flow
IPW
IPW
MCHX
MCHX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$757.0K
Q3 24
$199.0K
Q2 24
$40.0K
Q1 24
$-2.5M
FCF Margin
IPW
IPW
MCHX
MCHX
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
6.3%
Q3 24
1.6%
Q2 24
0.3%
Q1 24
-21.4%
Capex Intensity
IPW
IPW
MCHX
MCHX
Q4 25
Q3 25
0.0%
Q2 25
Q1 25
Q4 24
1.0%
Q3 24
1.5%
Q2 24
0.6%
Q1 24
0.0%
Cash Conversion
IPW
IPW
MCHX
MCHX
Q4 25
Q3 25
Q2 25
9.56×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

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%

MCHX
MCHX

Segment breakdown not available.

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