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Side-by-side financial comparison of iPower Inc. (IPW) and YORK WATER CO (YORW). Click either name above to swap in a different company.

YORK WATER CO is the larger business by last-quarter revenue ($19.4M vs $12.0M, roughly 1.6× iPower Inc.). On growth, YORK WATER CO posted the faster year-over-year revenue change (3.2% 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.

The York Water Company is an investor-owned, public utility company based in York, Pennsylvania and operating throughout Pennsylvania. The company was founded in 1816 by a group of local businessmen concerned about fire protection.

IPW vs YORW — Head-to-Head

Bigger by revenue
YORW
YORW
1.6× larger
YORW
$19.4M
$12.0M
IPW
Growing faster (revenue YoY)
YORW
YORW
+40.0% gap
YORW
3.2%
-36.8%
IPW

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IPW
IPW
YORW
YORW
Revenue
$12.0M
$19.4M
Net Profit
$5.2M
Gross Margin
40.0%
Operating Margin
-14.1%
33.2%
Net Margin
26.7%
Revenue YoY
-36.8%
3.2%
Net Profit YoY
0.5%
EPS (diluted)
$-0.51
$0.36

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
YORW
YORW
Q4 25
$19.4M
Q3 25
$12.0M
$20.2M
Q2 25
$19.1M
Q1 25
$18.3M
Q4 24
$18.8M
Q3 24
$19.6M
Q2 24
$18.6M
Q1 24
$17.5M
Net Profit
IPW
IPW
YORW
YORW
Q4 25
$5.2M
Q3 25
$6.2M
Q2 25
$5.1M
Q1 25
$3.6M
Q4 24
$5.1M
Q3 24
$5.9M
Q2 24
$5.0M
Q1 24
$4.3M
Gross Margin
IPW
IPW
YORW
YORW
Q4 25
Q3 25
40.0%
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Operating Margin
IPW
IPW
YORW
YORW
Q4 25
33.2%
Q3 25
-14.1%
39.1%
Q2 25
37.1%
Q1 25
34.3%
Q4 24
35.8%
Q3 24
41.1%
Q2 24
37.9%
Q1 24
35.5%
Net Margin
IPW
IPW
YORW
YORW
Q4 25
26.7%
Q3 25
30.6%
Q2 25
26.5%
Q1 25
19.8%
Q4 24
27.4%
Q3 24
29.9%
Q2 24
26.8%
Q1 24
24.7%
EPS (diluted)
IPW
IPW
YORW
YORW
Q4 25
$0.36
Q3 25
$-0.51
$0.43
Q2 25
$0.35
Q1 25
$0.25
Q4 24
$0.36
Q3 24
$0.41
Q2 24
$0.35
Q1 24
$0.30

Balance Sheet & Financial Strength

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

Metric
IPW
IPW
YORW
YORW
Cash + ST InvestmentsLiquidity on hand
$904.0K
$1.0K
Total DebtLower is stronger
Stockholders' EquityBook value
$17.9M
$240.3M
Total Assets
$28.6M
$680.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IPW
IPW
YORW
YORW
Q4 25
$1.0K
Q3 25
$904.0K
$1.0K
Q2 25
$1.0K
Q1 25
$1.0K
Q4 24
$1.0K
Q3 24
$1.0K
Q2 24
$1.0K
Q1 24
$3.3M
Stockholders' Equity
IPW
IPW
YORW
YORW
Q4 25
$240.3M
Q3 25
$17.9M
$238.0M
Q2 25
$234.6M
Q1 25
$232.1M
Q4 24
$231.2M
Q3 24
$228.7M
Q2 24
$225.4M
Q1 24
$222.9M
Total Assets
IPW
IPW
YORW
YORW
Q4 25
$680.9M
Q3 25
$28.6M
$667.1M
Q2 25
$653.7M
Q1 25
$641.8M
Q4 24
$633.5M
Q3 24
$621.4M
Q2 24
$610.4M
Q1 24
$602.3M

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
YORW
YORW
Operating Cash FlowLast quarter
$1.7M
$8.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.63×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IPW
IPW
YORW
YORW
Q4 25
$8.4M
Q3 25
$1.7M
$7.8M
Q2 25
$7.6M
Q1 25
$6.0M
Q4 24
$10.2M
Q3 24
$7.5M
Q2 24
$6.7M
Q1 24
$6.1M
Cash Conversion
IPW
IPW
YORW
YORW
Q4 25
1.63×
Q3 25
1.26×
Q2 25
1.50×
Q1 25
1.65×
Q4 24
1.98×
Q3 24
1.29×
Q2 24
1.34×
Q1 24
1.42×

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%

YORW
YORW

Segment breakdown not available.

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