--- title: "Ideal Power reports Q2 2026: Revenue $5.8k, Net loss $3.4M, Cash $41.3M" type: "News" locale: "en" url: "https://longbridge.com/en/news/295808482.md" description: "Ideal Power reported Q2 2026 results with revenue of $5,800 and a net loss of $3.4 million. Cash reserves rose to $41.3 million following a registered direct offering that raised $27.7 million in net proceeds. The company highlighted progress on its solid-state circuit breaker (SSCB) development, including prototype shipments for AI data centers and EV applications, as well as a new long-term wafer foundry supply agreement." datetime: "2026-08-13T13:33:01.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295808482.md) - [en](https://longbridge.com/en/news/295808482.md) - [zh-HK](https://longbridge.com/zh-HK/news/295808482.md) --- # Ideal Power reports Q2 2026: Revenue $5.8k, Net loss $3.4M, Cash $41.3M Ideal Power reported second-quarter 2026 results with revenue of $5,800 and a net loss of $3.4 million for the quarter, and a six-month net loss of $7.0 million. Cash and cash equivalents rose to $41.3 million at June 30, 2026 following net proceeds from a registered direct offering. The company highlighted progress on SSCB development, a long-term wafer foundry supply agreement and expanding customer engagements. **Financial Highlights** - Revenue: $5,800 for the three months ended June 30, 2026 (vs. $1,275 in Q2 2025). - Gross profit: $1,792 for the quarter; gross loss was $(2,202) in Q2 2025 (gross margin not explicitly stated). - Operating loss: $(3,623,148) for the quarter (total operating expenses $3,624,940). - Net loss: $(3,412,926) for the three months ended June 30, 2026 and $(7,044,431) for the six months ended June 30, 2026. - Cash and cash equivalents: $41,294,488 at June 30, 2026; raised $27.7 million in net proceeds in a registered direct offering during Q2 (total net proceeds from issuance shown as $40,259,375 for six months). **Business Highlights** - Advanced low-current solid-state circuit breaker (SSCB) project with lead Asia customer; finalizing prototype units for shipment and customer internal testing, with customer-available SSCB prototypes expected in Q4 2026 for 800V AI data center and energy grid end-customers. - Delivered a second shipment of next-generation custom packaged B-TRAN samples and development kits to Stellantis for EV applications and working on system-level optimization under an existing purchase order. - Entered a long-term supply agreement with a high-volume wafer foundry in Asia; foundry achieved functional B-TRAN first silicon and has capacity to support high-volume industrial and automotive customers. - Introduced an 800-volt SSCB reference design kit to accelerate customer evaluation; a distribution partner placed a first stocking order for these RDKs. - Co-development under a letter of intent with an industry partner on a B-TRAN-enabled intelligent SSCB prototype targeted for evaluation by a U.S. hyperscaler in an NVIDIA Rubin Ultra 800V DC AI data center environment, with prototype delivery targeted by end of Q4 2026. - Expanded intellectual property estate to 105 issued B-TRAN patents (51 issued outside the U.S.) and appointed Dr. Sanjai Parthasarathi to a newly formed Advisory Board to support commercialization in data centers and AI infrastructure markets. Original SEC Filing: Ideal Power Inc. \[ IPWR \] - 8-K - Aug. 13, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [IPWR.US](https://longbridge.com/en/quote/IPWR.US.md) - [STLA.US](https://longbridge.com/en/quote/STLA.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Ideal Power Q2 FY26 net loss narrows to $3.41 million; revenue more than quadruples to $5,800](https://longbridge.com/en/news/295806296.md) - [IPWR: Q2 2026 saw expanded SSCB projects, $27.7M raised, and cash at $41.3M with no debt](https://longbridge.com/en/news/295807581.md) - [Ideal Power (IPWR) Q2 2026 Earnings Call: Sales Funnel Tops $400 Million](https://longbridge.com/en/news/295902593.md) - [IPWR: Commercial progress accelerates with new prototypes, $400M sales funnel, and robust cash position](https://longbridge.com/en/news/295821263.md) - [The dream of serving ads to AI agents has hit a snag](https://longbridge.com/en/news/295689957.md)