iPower Reports Q3 2026 Results with 66% Operating Expense Decline

iPower reduced operating expenses to $1.9 million from $5.6 million sequentially while narrowing non-GAAP net loss to $0.3 million, reflecting its transition to a leaner asset-light model. The company took a $3.0 million non-cash goodwill impairment and launched an AI infrastructure strategy to position itself as a capital provider for GPU clusters.