This page shows Power (PW) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
For every $1 of reported earnings, Power generates $0.03 in operating cash flow (-$68K OCF vs -$2.2M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Power earns $19.9 in operating income for every $1 of interest expense ($41.0M vs $2.1M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
Power generated $2.0M in revenue in fiscal year 2025. This represents a decrease of 34.0% from the prior year.
Power's EBITDA was $41.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
Power reported -$2.2M in net income in fiscal year 2025. This represents an increase of 91.1% from the prior year.
Power earned $-0.83 per diluted share (EPS) in fiscal year 2025. This represents an increase of 88.9% from the prior year.
Cash & Balance Sheet
Power had 4M shares outstanding in fiscal year 2025. This represents an increase of 8.3% from the prior year.
Margins & Returns
Power's operating margin was 2038.0% in fiscal year 2025, reflecting core business profitability.
Power's net profit margin was -109.1% in fiscal year 2025, showing the share of revenue converted to profit. This is up 701.1 percentage points from the prior year.
Capital Allocation
PW Income Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $513K+1.2% | $507K+4.3% | $486K-14.7% | $570K-60.0% | $1.4M+174.6% | $519K-2.9% | $535K+4.6% | $511K |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $266K-22.1% | $341K+4.4% | $327K-4.7% | $343K+1.5% | $338K-6.0% | $359K-20.8% | $454K+7.5% | $422K |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $245K-57.2% | $572K-42.8% | $999K+19.7% | $834K-4.4% | $872K-23.7% | $1.1M+12.7% | $1.0M+20.0% | $846K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | $224K-30.3% | $321K+122.7% | -$1.4M+55.3% | -$3.2M-873.4% | -$325K+98.3% | -$19.1M-821.8% | -$2.1M-14.6% | -$1.8M |
| EPS (Diluted) | $0.02-60.0% | $0.05+110.6% | $-0.47 | N/A | $-0.14+97.5% | $-5.70-763.6% | $-0.66 | N/A |
PW Balance Sheet
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $28.0M+0.3% | $27.9M-38.9% | $45.6M-1.1% | $46.1M-4.8% | $48.4M-2.7% | $49.8M-27.7% | $68.9M-1.9% | $70.2M |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $2.0M+34.6% | $1.5M-26.6% | $2.0M-8.0% | $2.2M-1.7% | $2.2M-9.1% | $2.5M-17.5% | $3.0M+35.2% | $2.2M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $21.7M-0.9% | $21.9M-45.3% | $40.1M+2.0% | $39.3M+1.8% | $38.7M-2.9% | $39.8M-0.3% | $40.0M+1.3% | $39.4M |
| Current Liabilities | N/A | N/A | $18.4M+5.7% | $17.4M+2.4% | $17.0M+3.7% | $16.4M+9.3% | $15.0M-3.2% | $15.5M |
| Long-Term Debt | $19.3M-1.8% | $19.7M-1.2% | $19.9M-0.4% | $20.0M-0.4% | $20.0M-1.7% | $20.4M-1.1% | $20.6M-0.3% | $20.7M |
| Total Equity | $6.2M+4.6% | $5.9M+8.5% | $5.5M-18.8% | $6.8M-30.9% | $9.8M-1.8% | $10.0M-65.6% | $28.9M-6.0% | $30.8M |
| Retained Earnings | -$50.6M+0.4% | -$50.8M+0.6% | -$51.1M-2.8% | -$49.7M-6.8% | -$46.5M-0.7% | -$46.2M-70.8% | -$27.1M-8.3% | -$25.0M |
PW Cash Flow Statement
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $476K+298.1% | -$240K+44.9% | -$437K-51.5% | -$288K-78.2% | -$162K+70.1% | -$541K-34.6% | -$402K+34.8% | -$617K |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -$617K |
| Investing Cash Flow | $590K+816.0% | -$82K-189.4% | $92K-89.1% | $844K+1774.4% | $45K-40.0% | $75K-90.6% | $796K-71.9% | $2.8M |
| Financing Cash Flow | -$555K-142.2% | -$229K-256.8% | $146K+120.3% | -$719K-70.0% | -$423K+58.5% | -$1.0M-1231.6% | -$77K+95.5% | -$1.7M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PW Financial Ratios
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 43.6%-19.8pp | 63.3%+354.2pp | -290.9%+264.3pp | -555.2%-532.4pp | -22.8%+3663.6pp | -3686.4%-3297.9pp | -388.5%-34.1pp | -354.4% |
| Return on Equity | 3.6%-1.8pp | 5.4%+31.2pp | -25.8%+21.1pp | -46.9%-43.5pp | -3.3%+189.0pp | -192.3%-185.1pp | -7.2%-1.3pp | -5.9% |
| Return on Assets | 0.8%-0.3pp | 1.1%+4.3pp | -3.1%+3.8pp | -6.9%-6.2pp | -0.7%+37.8pp | -38.5%-35.4pp | -3.0%-0.4pp | -2.6% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 3.10-0.2 | 3.30-0.3 | 3.63+0.7 | 2.96+0.9 | 2.050.0 | 2.05+1.3 | 0.71+0.0 | 0.67 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | -120.6% |
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Frequently Asked Questions
What is Power's annual revenue?
Power (PW) reported $2.0M in total revenue for fiscal year 2025. This represents a -34.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Power's revenue growing?
Power (PW) revenue declined by 34% year-over-year, from $3.0M to $2.0M in fiscal year 2025.
Is Power profitable?
No, Power (PW) reported a net income of -$2.2M in fiscal year 2025, with a net profit margin of -109.1%.
What is Power's EBITDA?
Power (PW) had EBITDA of $41.3M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Power's operating margin?
Power (PW) had an operating margin of 2038.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Power's net profit margin?
Power (PW) had a net profit margin of -109.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Power's operating cash flow?
Power (PW) generated -$68K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
Are Power's earnings high quality?
Power (PW) has an earnings quality ratio of 0.03x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Power cover its interest payments?
Power (PW) has an interest coverage ratio of 19.9x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.