Expion360 Inc.(XPON)Earnings, Financials & Key Ratios
XPON•NASDAQ
$0.66
$422426 mkt cap·Price updated May 7, 2026
AboutExpion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It also provides various models of industrial tiedowns; battery monitors; terminal blocks; and bus bars. The company also engages in the development of e360 Home Energy Storage systems. It serves dealers, wholesalers, and original equipment manufacturers in the United States and internationally. The company was formerly known as Yozamp Products Company, LLC and changed its name to Expion360 Inc. in November 2021. Expion360 Inc. was founded in 2016 and is headquartered in Redmond, Oregon.Show more
- Revenue$6M-6.0%
- EBITDA-$7M+5.5%
- Net Income-$13M-80.8%
- EPS (Diluted)-21.03-1847.2%
- Gross Margin20.54%-22.0%
- EBITDA Margin-116.98%-0.5%
- Operating Margin-120.07%-0.2%
- Net Margin-239.64%-92.2%
- ROE-342.64%-289.6%
- ROIC-97.64%-48.3%
- Debt/Equity0.41-63.3%
- Interest Coverage-6.92+88.0%
XPON Key Insights
Expion360 Inc. (XPON) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y sales CAGR of 31.8%
- ✓Share count reduced 90.7% through buybacks
- ✓Trading at only 0.2x book value
✗Weaknesses
- ✗Negative free cash flow
- ✗Weak momentum: RS Rating 18 (bottom 18%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
XPON Price & Volume
Expion360 Inc. (XPON) stock price & volume — 10-year historical chart
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XPON Growth Metrics
Expion360 Inc. (XPON) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years31.83%
3 Years7.58%
TTM109.37%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM86.7%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM96.86%
Return on Capital
10 Years-76.06%
5 Years-88.05%
3 Years-80.92%
Last Year-121.16%
XPON Peer Comparison
Expion360 Inc. (XPON) competitors in Battery Packs and Energy Storage Systems — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 GNSS | 90.42M | 2.00 | -5 | 69.76% | -29.19% | -8.22% | 9.85 | |
 CBAT | 70.4M | 0.79 | 6.04 | -13.61% | -4.03% | -5.5% | 0.25 | |
 NRGV | 716.12M | 4.14 | -6.37 | 340.86% | -52.97% | -146.8% | 1.07 | |
 FLUX | 22.76M | 1.30 | -3.25 | 9.22% | -12.48% | -7.38% | ||
 BEEM | 35.27M | 1.89 | -2.45 | -26.75% | -105.89% | -110.47% | 0.05 | |
 DRTS | 690.88M | 7.85 | -14.81 | -57.29% | 0.18 | |||
 AMTX | 212.61M | 3.12 | -2.44 | -22.29% | -35.43% | |||
 CLFD | 519.11M | 37.49 | -64.64 | 19.56% | -6.32% | -3.4% | 0.03 |
Compare XPON vs Peers
Expion360 Inc. (XPON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
XPON Income Statement
Expion360 Inc. (XPON) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 1.41M | 1.57M | 4.52M | 7.16M | 5.98M | 5.62M | 9.42M |
| Revenue Growth % | - | 11.26% | 187.42% | 58.56% | -16.5% | -5.96% | 109.37% |
| Cost of Goods Sold | 917.16K | 1.27M | 2.87M | 4.87M | 4.41M | 4.47M | 7.37M |
| COGS % of Revenue | 64.92% | 80.72% | 63.57% | 68.05% | 73.66% | 79.46% | - |
| Gross Profit | 495.54K▲ 0% | 302.97K▼ 38.9% | 1.65M▲ 443.2% | 2.29M▲ 39.1% | 1.58M▼ 31.2% | 1.16M▼ 26.7% | 2.05M▲ 0% |
| Gross Margin % | 35.08% | 19.28% | 36.43% | 31.95% | 26.34% | 20.54% | 21.78% |
| Gross Profit Growth % | - | -38.86% | 443.2% | 39.05% | -31.15% | -26.68% | - |
| Operating Expenses | 597.6K | 1.06M | 2.91M | 8.24M | 8.75M | 7.91M | 8.73M |
| OpEx % of Revenue | 42.3% | 67.24% | 64.4% | 115.06% | 146.21% | 140.61% | - |
| Selling, General & Admin | 580.28K | 930.64K | 2.85M | 7.81M | 8.16M | 7.46M | 8.31M |
| SG&A % of Revenue | 41.08% | 59.21% | 63.11% | 109.06% | 136.51% | 132.6% | - |
| Research & Development | 17.32K | 126.22K | 58.04K | 278.38K | 397.66K | 295.29K | 219.53K |
| R&D % of Revenue | 1.23% | 8.03% | 1.28% | 3.89% | 6.65% | 5.25% | - |
| Other Operating Expenses | 0 | 0 | 0 | 151.35K | 182.82K | 155.31K | 201.44K |
| Operating Income | -102.06K▲ 0% | -753.89K▼ 638.7% | -1.26M▼ 67.6% | -5.95M▼ 371.2% | -7.17M▼ 20.4% | -6.75M▲ 5.8% | -6.68M▲ 0% |
| Operating Margin % | -7.22% | -47.97% | -27.97% | -83.12% | -119.87% | -120.07% | -70.94% |
| Operating Income Growth % | - | -638.65% | -67.58% | -371.24% | -20.43% | 5.8% | - |
| EBITDA | -88.28K | -737.32K | -1.2M | -5.79M | -6.96M | -6.58M | -6.55M |
| EBITDA Margin % | -6.25% | -46.91% | -26.61% | -80.81% | -116.43% | -116.98% | -69.6% |
| EBITDA Growth % | - | -735.22% | -63.06% | -381.48% | -20.3% | 5.51% | 13.27% |
| D&A (Non-Cash Add-back) | 13.79K | 16.57K | 61.08K | 164.77K | 205.72K | 173.97K | 125.74K |
| EBIT | -102.06K | -677.61K | -4.16M | -5.94M | -7.33M | -12.5M | -2.03M |
| Net Interest Income | -99.06K | -196.04K | -553.88K | -1.61M | 1.34K | -890.5K | 7.28K |
| Interest Income | 5 | 851 | 169 | 239 | 125.85K | 86.12K | 26.09K |
| Interest Expense | 99.06K | 196.89K | 554.04K | 1.61M | 124.51K | 976.62K | 18.81K |
| Other Income/Expense | -99.06K | -120.61K | -3.45M | -1.59M | -283.37K | -6.73M | 4.63M |
| Pretax Income | -201.12K▲ 0% | -874.5K▼ 334.8% | -4.71M▼ 438.8% | -7.55M▼ 60.1% | -7.45M▲ 1.2% | -13.48M▼ 80.9% | -2.05M▲ 0% |
| Pretax Margin % | -14.24% | -55.64% | -104.3% | -105.34% | -124.61% | -239.67% | -21.79% |
| Income Tax | 150 | 1.98K | 9.3K | -8.85K | 3.29K | -1.55K | -2.85K |
| Effective Tax Rate % | -0.07% | -0.23% | -0.2% | 0.12% | -0.04% | 0.01% | 0.14% |
| Net Income | -201.27K▲ 0% | -876.48K▼ 335.5% | -4.72M▼ 438.6% | -7.54M▼ 59.6% | -7.46M▲ 1.1% | -13.48M▼ 80.8% | -2.05M▲ 0% |
| Net Margin % | -14.25% | -55.77% | -104.5% | -105.22% | -124.66% | -239.64% | -21.76% |
| Net Income Growth % | - | -335.47% | -438.62% | -59.64% | 1.06% | -80.78% | 86.7% |
| Net Income (Continuing) | -201.27K | -876.48K | -4.72M | -7.54M | -7.46M | -13.48M | -2.05M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.03▲ 0% | -0.14▼ 348.7% | -0.73▼ 421.4% | -1.23▼ 68.5% | -1.08▲ 12.2% | -21.03▼ 1847.2% | -0.27▲ 0% |
| EPS Growth % | - | -348.72% | -421.43% | -68.49% | 12.2% | -1847.22% | 96.86% |
| EPS (Basic) | -0.03 | -0.14 | -0.73 | -1.23 | -1.08 | -21.03 | - |
| Diluted Shares Outstanding | 6.45M | 6.45M | 6.45M | 6.14M | 6.89M | 641.01K | 7.57M |
| Basic Shares Outstanding | 6.45M | 6.45M | 6.45M | 6.14M | 6.89M | 641.01K | 6M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
XPON Balance Sheet
Expion360 Inc. (XPON) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 717.71K | 1.23M | 4.75M | 12.34M | 8.27M | 7.84M | 9.56M |
| Cash & Short-Term Investments | 139.51K | 290.68K | 773.24K | 7.2M | 3.93M | 547.57K | 4.29M |
| Cash Only | 139.51K | 290.68K | 773.24K | 7.2M | 3.93M | 547.57K | 4.29M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 32.13K | 208.72K | 775.16K | 298.04K | 154.94K | 613.02K | 567.99K |
| Days Sales Outstanding | 8.3 | 48.47 | 62.63 | 15.19 | 9.45 | 39.78 | 24.12 |
| Inventory | 362.79K | 368.28K | 2.05M | 4.53M | 3.99M | 4.83M | 3.63M |
| Days Inventory Outstanding | 144.38 | 105.95 | 260.79 | 339.22 | 330.51 | 394.54 | 243.26 |
| Other Current Assets | 3.75K | 4.15K | 71.7K | 171.79K | 25.47K | 236.46K | 1.07M |
| Total Non-Current Assets | 121.17K | 379.38K | 1.77M | 4.36M | 3.64M | 1.27M | 1.13M |
| Property, Plant & Equipment | 118.06K | 371.26K | 1.71M | 4.29M | 3.58M | 1.24M | 1.55M |
| Fixed Asset Turnover | 11.97x | 4.23x | 2.64x | 1.67x | 1.67x | 4.54x | 7.35x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 3.11K | 8.12K | 63.9K | 63.9K | 58.9K | 27.47K | -336.88K |
| Total Assets | 838.88K▲ 0% | 1.6M▲ 91.3% | 6.53M▲ 306.7% | 16.7M▲ 155.9% | 11.91M▼ 28.7% | 9.11M▼ 23.5% | 10.69M▲ 0% |
| Asset Turnover | 1.68x | 0.98x | 0.69x | 0.43x | 0.50x | 0.62x | 1.00x |
| Asset Growth % | - | 91.25% | 306.74% | 155.89% | -28.71% | -23.5% | -27.44% |
| Total Current Liabilities | 204.15K | 1.23M | 1.57M | 1.57M | 4.02M | 5.85M | 1.04M |
| Accounts Payable | 86.41K | 52K | 63.18K | 230.25K | 286.99K | 338.09K | 522.79K |
| Days Payables Outstanding | 34.39 | 14.96 | 8.03 | 17.24 | 23.78 | 27.61 | 23.58 |
| Short-Term Debt | 52.57K | 847.44K | 701.13K | 571.43K | 2.9M | 31.76K | 358.24K |
| Deferred Revenue (Current) | 0 | 120.84K | 461.84K | 58 | 4.45K | 4.55K | 101.68K |
| Other Current Liabilities | 21.4K | 59.83K | 26.75K | 100.47K | 67.2K | 5.04M | 154.43K |
| Current Ratio | 3.52x | 0.99x | 3.02x | 7.85x | 2.06x | 1.34x | 1.34x |
| Quick Ratio | 1.74x | 0.69x | 1.72x | 4.97x | 1.07x | 0.51x | 0.51x |
| Cash Conversion Cycle | 118.29 | 139.46 | 315.39 | 337.17 | 316.19 | 406.71 | 243.79 |
| Total Non-Current Liabilities | 1.14M | 1.75M | 2.7M | 3.52M | 2.54M | 741.18K | 634.96K |
| Long-Term Debt | 1.07M | 1.6M | 1.6M | 764.05K | 298.44K | 198.41K | 459.94K |
| Capital Lease Obligations | 62.91K | 153.15K | 1.09M | 2.75M | 2.24M | 542.76K | 1.56M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 175.02K |
| Total Liabilities | 1.34M | 2.98M | 4.27M | 5.09M | 6.56M | 6.59M | 1.68M |
| Total Debt | 1.22M | 2.67M | 3.62M | 4.56M | 5.96M | 1.03M | 818.18K |
| Net Debt | 1.08M | 2.37M | 2.84M | -2.65M | 2.03M | 481.52K | -3.48M |
| Debt / Equity | - | - | 1.60x | 0.39x | 1.11x | 0.41x | 0.41x |
| Debt / EBITDA | - | - | - | - | - | - | -0.12x |
| Net Debt / EBITDA | - | - | - | - | - | - | 0.53x |
| Interest Coverage | -1.03x | -3.83x | -2.28x | -3.71x | -57.58x | -6.92x | -108.10x |
| Total Equity | -503.18K▲ 0% | -1.38M▼ 174.2% | 2.26M▲ 263.6% | 11.61M▲ 414.4% | 5.35M▼ 53.9% | 2.52M▼ 52.9% | 9.01M▲ 0% |
| Equity Growth % | - | -174.19% | 263.55% | 414.38% | -53.91% | -52.93% | 170.06% |
| Book Value per Share | -0.08 | -0.21 | 0.35 | 1.89 | 0.78 | 3.93 | 1.19 |
| Total Shareholders' Equity | -503.18K | -1.38M | 2.26M | 11.61M | 5.35M | 2.52M | 9.01M |
| Common Stock | 0 | 2.43K | 4.3K | 6.8K | 6.92K | 2.1K | 8.64K |
| Retained Earnings | -503.18K | -1.38M | -6.1M | -13.64M | -21.1M | -34.58M | -36.37M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
XPON Cash Flow Statement
Expion360 Inc. (XPON) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | -122.27K | -1.12M | -3.9M | -5.47M | -5.53M | -9.56M | -9.56M |
| Operating CF Margin % | -8.66% | -71.42% | -86.26% | -76.35% | -92.48% | -170% | - |
| Operating CF Growth % | - | -818.1% | -247.13% | -40.33% | -1.15% | -72.88% | 18.66% |
| Net Income | -201.27K | -876.48K | -4.72M | -7.54M | -7.46M | -13.48M | -2.05M |
| Depreciation & Amortization | 13.79K | 16.57K | 61.08K | 164.77K | 205.72K | 173.97K | 125.74K |
| Stock-Based Compensation | 0 | 0 | 188.1K | 2.11M | 812.04K | 825.63K | 255.06K |
| Deferred Taxes | 0 | 0 | 2.89M | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 0 | 11.9K | 316.57K | 1.2M | -15.38K | 5.73M | -4.74M |
| Working Capital Changes | 65.21K | -274.59K | -2.64M | -1.41M | 922.65K | -2.81M | -233.52K |
| Change in Receivables | 57.99K | -176.6K | -566.43K | 458.32K | 161.9K | -458.09K | -129.42K |
| Change in Inventory | 7.19K | -179.14K | -2.41M | -2.48M | 704.75K | -2.45M | -266.37K |
| Change in Payables | 70.25K | -34.4K | 11.18K | -3.79K | 56.73K | 51.11K | 188.16K |
| Cash from Investing | -9.8K | -36.75K | -113.69K | -515.69K | 16.58K | 113.41K | -4.4K |
| Capital Expenditures | -9.8K | -38.43K | -113.69K | -567.37K | -20.17K | -19.2K | -8.65K |
| CapEx % of Revenue | 0.69% | 2.44% | 2.52% | 7.92% | 0.34% | 0.34% | - |
| Acquisitions | 0 | 1.68K | 0 | 51.68K | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | 0 | 0 | 0 | 0 | 36.75K | 132.61K | 4.25K |
| Cash from Financing | 177.57K | 1.31M | 4.49M | 12.41M | 2.25M | 6.06M | 7.61M |
| Debt Issued (Net) | 177.57K | 1.19M | 3.86M | -2.35M | 2.2M | -3.63M | -34.35K |
| Equity Issued (Net) | 0 | 0 | 838.4K | 1000K | 49.78K | 1000K | 2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 116.67K | -204.63K | -11.8K | 0 | 185.43K | 154.01K |
| Net Change in Cash | 45.5K▲ 0% | 151.16K▲ 232.2% | 482.56K▲ 219.2% | 6.43M▲ 1232.1% | -3.27M▼ 150.8% | -3.39M▼ 3.6% | 968.62K▲ 0% |
| Free Cash Flow | -132.07K▲ 0% | -1.16M▼ 779.1% | -4.01M▼ 245.4% | -6.04M▼ 50.5% | -5.55M▲ 8.0% | -9.58M▼ 72.6% | -6.65M▲ 0% |
| FCF Margin % | -9.35% | -73.87% | -88.78% | -84.27% | -92.82% | -170.34% | -70.58% |
| FCF Growth % | - | -779.08% | -245.43% | -50.5% | 8.03% | -72.6% | 16.74% |
| FCF per Share | -0.02 | -0.18 | -0.62 | -0.98 | -0.81 | -14.95 | -14.95 |
| FCF Conversion (FCF/Net Income) | 0.61x | 1.28x | 0.83x | 0.73x | 0.74x | 0.71x | 3.24x |
| Interest Paid | 99.06K | 99.06K | 341.26K | 435.15K | 121.89K | 220.71K | 162.93K |
| Taxes Paid | 150 | 150 | 1.83K | 300 | 1.85K | 258 | 258 |
XPON Key Ratios
Expion360 Inc. (XPON) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | - | -1076.8% | -108.73% | -87.95% | -342.64% | -22.74% |
| Return on Invested Capital (ROIC) | -71.84% | -31.09% | -63.51% | -65.83% | -97.64% | -97.64% |
| Gross Margin | 19.28% | 36.43% | 31.95% | 26.34% | 20.54% | 21.78% |
| Net Margin | -55.77% | -104.5% | -105.22% | -124.66% | -239.64% | -21.76% |
| Debt / Equity | - | 1.60x | 0.39x | 1.11x | 0.41x | 0.41x |
| Interest Coverage | -3.83x | -2.28x | -3.71x | -57.58x | -6.92x | -108.10x |
| FCF Conversion | 1.28x | 0.83x | 0.73x | 0.74x | 0.71x | 3.24x |
| Revenue Growth | 11.26% | 187.42% | 58.56% | -16.5% | -5.96% | 109.37% |
XPON Frequently Asked Questions
Expion360 Inc. (XPON) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Expion360 Inc. (XPON) reported $9.4M in revenue for fiscal year 2024. This represents a 567% increase from $1.4M in 2019.
Expion360 Inc. (XPON) saw revenue decline by 6.0% over the past year.
Expion360 Inc. (XPON) reported a net loss of $2.0M for fiscal year 2024.
Dividend & Returns
Expion360 Inc. (XPON) has a return on equity (ROE) of -342.6%. Negative ROE indicates the company is unprofitable.
Expion360 Inc. (XPON) had negative free cash flow of $6.6M in fiscal year 2024, likely due to heavy capital investments.
Explore More XPON
Expion360 Inc. (XPON) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates