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6May 15, 2026·SEC
Mar 17, 2026·SEC
Jan 30, 2026·SEC
Expion360 Inc. (XPON) fundamental analysis — strengths, weaknesses & financial health based on data analysis
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Expion360 Inc. (XPON) stock price & volume — 10-year historical chart
Expion360 Inc. (XPON) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Expion360 Inc. (XPON) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 15, 2026 | $0.17 | $2M |
| Q2 2026 | Mar 17, 2026 | $0.70vs $0.55-27.3% | $2Mvs $2M-8.3% |
| Q4 2025 | Nov 13, 2025 | $0.10vs $0.54+118.5% | $2Mvs $3M-10.8% |
| Q3 2025 | Aug 13, 2025 | $0.41vs $0.58+29.3% | $3Mvs $2M+40.0% |
Expion360 Inc. (XPON) competitors in Battery Packs and Energy Storage Systems — business model, growth, and fundamentals comparison
Expion360 Inc. (XPON) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Expion360 Inc. (XPON) annual income statement — 10-year revenue, gross profit & net income history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 1.41M | 1.57M | 4.52M | 7.16M | 5.98M | 5.62M | 9.65M | 9.17M |
Revenue Growth % | - | 11.26% | 187.42% | 58.56% | -16.5% | -5.96% | 71.59% | 36.79% |
Cost of Goods Sold | 917.16K | 1.27M | 2.87M | 4.87M | 4.41M | 4.47M | 8.31M | 7.96M |
COGS % of Revenue | 64.92% | 80.72% | 63.57% | 68.05% | 73.66% | 79.46% | 86.14% | - |
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% | 1.34M▲ 15.8% | 1.21M▲ 0% |
Gross Margin % | 35.08% | 19.28% | 36.43% | 31.95% | 26.34% | 20.54% | 13.86% | 13.18% |
Gross Profit Growth % | - | -38.86% | 443.2% | 39.05% | -31.15% | -26.68% | 15.77% | - |
Operating Expenses | 597.6K | 1.06M | 2.91M | 8.24M | 8.75M | 7.91M | 12.04M | 12.54M |
OpEx % of Revenue | 42.3% | 67.24% | 64.4% | 115.06% | 146.21% | 140.61% | 124.75% | - |
Selling, General & Admin | 580.28K | 930.64K | 2.85M | 7.81M | 8.16M | 7.46M | 11.38M | 11.87M |
SG&A % of Revenue | 41.08% | 59.21% | 63.11% | 109.06% | 136.51% | 132.6% | 117.87% | - |
Research & Development | 17.32K | 126.22K | 58.04K | 278.38K | 397.66K | 295.29K | 558.88K | 558.48K |
R&D % of Revenue | 1.23% | 8.03% | 1.28% | 3.89% | 6.65% | 5.25% | 5.79% | - |
Other Operating Expenses | 0 | 0 | 0 | 151.35K | 182.82K | 155.31K | 105.62K | 105.42K |
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% | -10.7M▼ 58.5% | -11.33M▲ 0% |
Operating Margin % | -7.22% | -47.97% | -27.97% | -83.12% | -119.87% | -120.07% | -110.9% | -123.54% |
Operating Income Growth % | - | -638.65% | -67.58% | -371.24% | -20.43% | 5.8% | -58.48% | - |
EBITDA | -88.28K | -737.32K | -1.2M | -5.79M | -6.96M | -6.58M | -10.59M | -11.22M |
EBITDA Margin % | -6.25% | -46.91% | -26.61% | -80.81% | -116.43% | -116.98% | -109.69% | -122.37% |
EBITDA Growth % | - | -735.22% | -63.06% | -381.48% | -20.3% | 5.51% | -60.89% | -94.22% |
D&A (Non-Cash Add-back) | 13.79K | 16.57K | 61.08K | 164.77K | 205.72K | 173.97K | 116.64K | 107.53K |
EBIT | -102.06K | -677.61K | -4.16M | -5.94M | -7.33M | -12.5M | -6.21M | -6.84M |
Net Interest Income | -99.06K | -196.04K | -553.88K | -1.61M | 1.34K | -890.5K | -4.08K | 10.38K |
Interest Income | 5 | 851 | 169 | 239 | 125.85K | 86.12K | 16.15K | 30.46K |
Interest Expense | 99.06K | 196.89K | 554.04K | 1.61M | 124.51K | 976.62K | 20.23K | 20.08K |
Other Income/Expense | -99.06K | -120.61K | -3.45M | -1.59M | -283.37K | -6.73M | 4.47M | 4.48M |
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% | -6.24M▲ 53.7% | -6.85M▲ 0% |
Pretax Margin % | -14.24% | -55.64% | -104.3% | -105.34% | -124.61% | -239.67% | -64.6% | -74.66% |
Income Tax | 150 | 1.98K | 9.3K | -8.85K | 3.29K | -1.55K | 150 | 138 |
Effective Tax Rate % | -0.07% | -0.23% | -0.2% | 0.12% | -0.04% | 0.01% | -0% | -0% |
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% | -6.24M▲ 53.7% | -6.85M▲ 0% |
Net Margin % | -14.25% | -55.77% | -104.5% | -105.22% | -124.66% | -239.64% | -64.6% | -74.66% |
Net Income Growth % | - | -335.47% | -438.62% | -59.64% | 1.06% | -80.78% | 53.74% | 44.97% |
Net Income (Continuing) | -201.27K | -876.48K | -4.72M | -7.54M | -7.46M | -13.48M | -6.24M | -6.85M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.03▲ 0% | -0.14▼ 348.7% | -73.25▼ 52221.4% | -122.83▼ 67.7% | -108.25▲ 11.9% | -21.03▲ 80.6% | -1.13▲ 94.6% | -0.65▲ 0% |
EPS Growth % | - | -348.72% | -52221.43% | -67.69% | 11.87% | 80.57% | 94.63% | 98.32% |
EPS (Basic) | -0.03 | -0.14 | -73.25 | -122.83 | -108.25 | -21.03 | -1.13 | - |
Diluted Shares Outstanding | 64.45K | 64.45K | 64.45K | 61.36K | 68.88K | 641.01K | 5.51M | 10.46M |
Basic Shares Outstanding | 64.45K | 64.45K | 64.45K | 61.36K | 68.88K | 641.01K | 5.51M | 10.46M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - |
Expion360 Inc. (XPON) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 717.71K | 1.23M | 4.75M | 12.34M | 8.27M | 7.84M | 7.04M | 6.61M |
Cash & Short-Term Investments | 139.51K | 290.68K | 773.24K | 7.2M | 3.93M | 547.57K | 2.97M | 3.06M |
Cash Only | 139.51K | 290.68K | 773.24K | 7.2M | 3.93M | 547.57K | 2.97M | 3.06M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 32.13K | 208.72K | 775.16K | 298.04K | 154.94K | 613.02K | 718.96K | 616.45K |
Days Sales Outstanding | 8.3 | 48.47 | 62.63 | 15.19 | 9.45 | 39.78 | 27.19 | 26.07 |
Inventory | 362.79K | 368.28K | 2.05M | 4.53M | 3.99M | 4.83M | 2.86M | 2.43M |
Days Inventory Outstanding | 144.38 | 105.95 | 260.79 | 339.22 | 330.51 | 394.54 | 125.5 | 161.21 |
Other Current Assets | 3.75K | 4.15K | 71.7K | 171.79K | 25.47K | 236.46K | 498.08K | 500.71K |
Total Non-Current Assets | 121.17K | 379.38K | 1.77M | 4.36M | 3.64M | 1.27M | 1.03M | 923K |
Property, Plant & Equipment | 118.06K | 371.26K | 1.71M | 4.29M | 3.58M | 1.24M | 1.47M | 1.39M |
Fixed Asset Turnover | 11.97x | 4.23x | 2.64x | 1.67x | 1.67x | 4.54x | 6.55x | 6.53x |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 3.11K | 8.12K | 63.9K | 63.9K | 58.9K | 27.47K | -446.85K | -471.76K |
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% | 8.07M▼ 11.4% | 7.53M▲ 0% |
Asset Turnover | 1.68x | 0.98x | 0.69x | 0.43x | 0.50x | 0.62x | 1.20x | 1.05x |
Asset Growth % | - | 91.25% | 306.74% | 155.89% | -28.71% | -23.5% | -11.38% | -26.11% |
Total Current Liabilities | 204.15K | 1.23M | 1.57M | 1.57M | 4.02M | 5.85M | 996.94K | 1.03M |
Accounts Payable | 86.41K | 52K | 63.18K | 230.25K | 286.99K | 338.09K | 403.79K | 419.6K |
Days Payables Outstanding | 34.39 | 14.96 | 8.03 | 17.24 | 23.78 | 27.61 | 17.73 | 23.17 |
Short-Term Debt | 52.57K | 847.44K | 701.13K | 571.43K | 2.9M | 31.76K | 368.3K | 363.98K |
Deferred Revenue (Current) | 0 | 120.84K | 461.84K | 58 | 4.45K | 4.55K | 2.98K | 59.23K |
Other Current Liabilities | 21.4K | 59.83K | 26.75K | 100.47K | 67.2K | 5.04M | 221.86K | 241.45K |
Current Ratio | 3.52x | 0.99x | 3.02x | 7.85x | 2.06x | 1.34x | 7.07x | 6.44x |
Quick Ratio | 1.74x | 0.69x | 1.72x | 4.97x | 1.07x | 0.51x | 4.20x | 4.07x |
Cash Conversion Cycle | 118.29 | 139.46 | 315.39 | 337.17 | 316.19 | 406.71 | 134.96 | 164.1 |
Total Non-Current Liabilities | 1.14M | 1.75M | 2.7M | 3.52M | 2.54M | 741.18K | 538.66K | 454.61K |
Long-Term Debt | 1.07M | 1.6M | 1.6M | 764.05K | 298.44K | 198.41K | 166.19K | 296.5K |
Capital Lease Obligations | 62.91K | 153.15K | 1.09M | 2.75M | 2.24M | 542.76K | 372.48K | 545.53K |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 158.11K |
Total Liabilities | 1.34M | 2.98M | 4.27M | 5.09M | 6.56M | 6.59M | 1.54M | 1.48M |
Total Debt | 1.22M | 2.67M | 3.62M | 4.56M | 5.96M | 1.03M | 906.97K | 660.49K |
Net Debt | 1.08M | 2.37M | 2.84M | -2.65M | 2.03M | 481.52K | -2.06M | -2.4M |
Debt / Equity | - | - | 1.60x | 0.39x | 1.11x | 0.41x | 0.14x | 0.11x |
Debt / EBITDA | - | - | - | - | - | - | - | -0.06x |
Net Debt / EBITDA | - | - | - | - | - | - | - | 0.21x |
Interest Coverage | -1.03x | -3.44x | -7.50x | -3.70x | -58.86x | -12.80x | -307.27x | -340.66x |
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% | 6.54M▲ 159.5% | 6.05M▲ 0% |
Equity Growth % | - | -174.19% | 263.55% | 414.38% | -53.91% | -52.93% | 159.53% | 484.79% |
Book Value per Share | -7.81 | -21.41 | 35.01 | 189.16 | 77.67 | 3.93 | 1.19 | 0.58 |
Total Shareholders' Equity | -503.18K | -1.38M | 2.26M | 11.61M | 5.35M | 2.52M | 6.54M | 6.05M |
Common Stock | 0 | 2.43K | 4.3K | 6.8K | 6.92K | 2.1K | 9.78K | 11.44K |
Retained Earnings | -503.18K | -1.38M | -6.1M | -13.64M | -21.1M | -34.58M | -40.81M | -42.57M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Expion360 Inc. (XPON) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | -122.27K | -1.12M | -3.9M | -5.47M | -5.53M | -9.56M | -6.15M | -6.05M |
Operating CF Margin % | -8.66% | -71.42% | -86.26% | -76.35% | -92.48% | -170% | -63.71% | - |
Operating CF Growth % | - | -818.1% | -247.13% | -40.33% | -1.15% | -72.88% | 35.69% | 137.29% |
Net Income | -201.27K | -876.48K | -4.72M | -7.54M | -7.46M | -13.48M | -6.24M | -6.85M |
Depreciation & Amortization | 13.79K | 16.57K | 61.08K | 164.77K | 205.72K | 173.97K | 116.64K | 107.53K |
Stock-Based Compensation | 0 | 0 | 188.1K | 2.11M | 812.04K | 825.63K | 1.16M | 898.24K |
Deferred Taxes | 0 | 0 | 2.89M | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | 0 | 11.9K | 316.57K | 1.2M | -15.38K | 5.73M | -3.06M | -2.86M |
Working Capital Changes | 65.21K | -274.59K | -2.64M | -1.41M | 922.65K | -2.81M | 1.86M | 2.65M |
Change in Receivables | 57.99K | -176.6K | -566.43K | 458.32K | 161.9K | -458.09K | -105.94K | -31.45K |
Change in Inventory | 7.19K | -179.14K | -2.41M | -2.48M | 704.75K | -2.45M | 1.07M | 2.77M |
Change in Payables | 70.25K | -34.4K | 11.18K | -3.79K | 56.73K | 51.11K | 65.7K | 52.14K |
Cash from Investing | -9.8K | -36.75K | -113.69K | -515.69K | 16.58K | 113.41K | 4.25K | 3K |
Capital Expenditures | -9.8K | -38.43K | -113.69K | -567.37K | -20.17K | -19.2K | 0 | 0 |
CapEx % of Revenue | 0.69% | 2.44% | 2.52% | 7.92% | 0.34% | 0.34% | 0% | 0% |
Acquisitions | 0 | 1.68K | 0 | 51.68K | 0 | 0 | 4.25K | 1.5K |
Investments | - | - | - | - | - | - | - | - |
Other Investing | 0 | 0 | 0 | 0 | 36.75K | 132.61K | 0 | 1.5K |
Cash from Financing | 177.57K | 1.31M | 4.49M | 12.41M | 2.25M | 6.06M | 8.57M | 8.01M |
Debt Issued (Net) | 177.57K | 1.19M | 3.86M | -2.35M | 2.2M | -3.63M | -32.92K | -32.16K |
Equity Issued (Net) | 0 | 0 | 838.4K | 14.77M | 49.78K | 9.51M | 8.6M | 8.04M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Financing | 0 | 116.67K | -204.63K | -11.8K | 0 | 185.43K | 0 | 0 |
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% | 2.42M▲ 171.5% | 1.96M▲ 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% | -6.15M▲ 35.8% | -6.05M▲ 0% |
FCF Margin % | -9.35% | -73.87% | -88.78% | -84.27% | -92.82% | -170.34% | -63.71% | -65.97% |
FCF Growth % | - | -779.08% | -245.43% | -50.5% | 8.03% | -72.6% | 35.82% | 33.74% |
FCF per Share | -2.05 | -18.01 | -62.23 | -98.37 | -80.60 | -14.95 | -1.12 | -0.58 |
FCF Conversion (FCF/Net Income) | 0.61x | 1.28x | 0.83x | 0.73x | 0.74x | 0.71x | 0.99x | 0.88x |
Interest Paid | 99.06K | 99.06K | 341.26K | 435.15K | 121.89K | 220.71K | 0 | 3.78K |
Taxes Paid | 150 | 150 | 1.83K | 300 | 1.85K | 258 | 0 | 0 |
Expion360 Inc. (XPON) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | -1076.8% | -108.73% | -87.95% | -342.64% | -137.73% | -115.71% |
Return on Invested Capital (ROIC) | -71.84% | -31.09% | -63.51% | -65.83% | -97.64% | -214.83% | -212.94% |
Gross Margin | 19.28% | 36.43% | 31.95% | 26.34% | 20.54% | 13.86% | 13.18% |
Net Margin | -55.77% | -104.5% | -105.22% | -124.66% | -239.64% | -64.6% | -74.66% |
Debt / Equity | - | 1.60x | 0.39x | 1.11x | 0.41x | 0.14x | 0.11x |
Interest Coverage | -3.44x | -7.50x | -3.70x | -58.86x | -12.80x | -307.27x | -340.66x |
FCF Conversion | 1.28x | 0.83x | 0.73x | 0.74x | 0.71x | 0.99x | 0.88x |
Revenue Growth | 11.26% | 187.42% | 58.56% | -16.5% | -5.96% | 71.59% | 36.79% |
Expion360 Inc. (XPON) SEC filings — annual & quarterly reports (10-K, 10-Q)
May 15, 2026·SEC
Mar 17, 2026·SEC
Jan 30, 2026·SEC
Expion360 Inc. (XPON) stock FAQ — growth, dividends, profitability & financials explained
Expion360 Inc. (XPON) reported $9.2M in revenue for fiscal year 2025. This represents a 549% increase from $1.4M in 2019.
Expion360 Inc. (XPON) grew revenue by 71.6% over the past year. This is strong growth.
Expion360 Inc. (XPON) reported a net loss of $6.8M for fiscal year 2025.
Expion360 Inc. (XPON) has a return on equity (ROE) of -137.7%. Negative ROE indicates the company is unprofitable.
Expion360 Inc. (XPON) had negative free cash flow of $6.0M in fiscal year 2025, likely due to heavy capital investments.