vs

Side-by-side financial comparison of iPower Inc. (IPW) and Sol-Gel Technologies Ltd. (SLGL). Click either name above to swap in a different company.

Sol-Gel Technologies Ltd. is the larger business by last-quarter revenue ($17.3M vs $12.0M, roughly 1.4× iPower Inc.). On growth, Sol-Gel Technologies Ltd. posted the faster year-over-year revenue change (217.7% 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.

Sol-Gel Technologies Ltd. is a specialty biopharmaceutical company focused on developing and commercializing innovative dermatology treatments. Leveraging its proprietary sol-gel delivery technology, it creates topical therapies for common skin conditions including acne, rosacea and atopic dermatitis, with primary markets across North America and Europe, partnering with established healthcare firms to expand product reach.

IPW vs SLGL — Head-to-Head

Bigger by revenue
SLGL
SLGL
1.4× larger
SLGL
$17.3M
$12.0M
IPW
Growing faster (revenue YoY)
SLGL
SLGL
+254.5% gap
SLGL
217.7%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
IPW
IPW
SLGL
SLGL
Revenue
$12.0M
$17.3M
Net Profit
$11.6M
Gross Margin
40.0%
Operating Margin
-14.1%
65.1%
Net Margin
67.3%
Revenue YoY
-36.8%
217.7%
Net Profit YoY
487.6%
EPS (diluted)
$-0.51
$4.17

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
SLGL
SLGL
Q3 25
$12.0M
Q2 25
$17.3M
Q2 24
$5.4M
Q2 23
$594.0K
Q2 22
$3.5M
Net Profit
IPW
IPW
SLGL
SLGL
Q3 25
Q2 25
$11.6M
Q2 24
$2.0M
Q2 23
$-6.0M
Q2 22
$-134.0K
Gross Margin
IPW
IPW
SLGL
SLGL
Q3 25
40.0%
Q2 25
Q2 24
Q2 23
Q2 22
Operating Margin
IPW
IPW
SLGL
SLGL
Q3 25
-14.1%
Q2 25
65.1%
Q2 24
29.9%
Q2 23
-1098.8%
Q2 22
-13.2%
Net Margin
IPW
IPW
SLGL
SLGL
Q3 25
Q2 25
67.3%
Q2 24
36.4%
Q2 23
-1005.1%
Q2 22
-3.8%
EPS (diluted)
IPW
IPW
SLGL
SLGL
Q3 25
$-0.51
Q2 25
$4.17
Q2 24
$0.71
Q2 23
$-0.22
Q2 22
$0.01

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
SLGL
SLGL
Cash + ST InvestmentsLiquidity on hand
$904.0K
$24.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$17.9M
$31.9M
Total Assets
$28.6M
$39.3M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
SLGL
SLGL
Q3 25
$904.0K
Q2 25
$24.3M
Q2 24
$26.5M
Q2 23
$33.5M
Q2 22
$15.6M
Stockholders' Equity
IPW
IPW
SLGL
SLGL
Q3 25
$17.9M
Q2 25
$31.9M
Q2 24
$34.9M
Q2 23
$48.3M
Q2 22
$50.4M
Total Assets
IPW
IPW
SLGL
SLGL
Q3 25
$28.6M
Q2 25
$39.3M
Q2 24
$42.0M
Q2 23
$55.1M
Q2 22
$55.0M

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
SLGL
SLGL
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
SLGL
SLGL
Q3 25
$1.7M
Q2 25
Q2 24
Q2 23
$-8.3M
Q2 22
Free Cash Flow
IPW
IPW
SLGL
SLGL
Q3 25
Q2 25
Q2 24
Q2 23
$-8.4M
Q2 22
FCF Margin
IPW
IPW
SLGL
SLGL
Q3 25
Q2 25
Q2 24
Q2 23
-1419.0%
Q2 22
Capex Intensity
IPW
IPW
SLGL
SLGL
Q3 25
Q2 25
Q2 24
Q2 23
15.8%
Q2 22

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%

SLGL
SLGL

Segment breakdown not available.

Related Comparisons