Expion360 Inc. (XPON) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q1'21 |
|---|
| Sales/Revenue | 1.57M | 2.22M | 2.39M | 2.99M | 2.05M | 1.99M | 1.39M | 1.28M | 971.86K | 858.72K | 1.89M | 1.73M | 1.51M | 1.42M | 1.38M | 2.2M | 2.16M | 1.31M | 1.33M | 884.99K |
| Revenue Growth % | -23.59% | 11.78% | 72.23% | 133.94% | 110.87% | 131.21% | -26.49% | -25.91% | -35.52% | -39.6% | 36.67% | -21.68% | -30.07% | 8.73% | 3.9% | - | 143.54% | 212.72% | - | - |
| Cost of Goods Sold | 1.19M | 2.55M | 1.85M | 2.37M | 1.55M | 1.58M | 1.22M | 952.65K | 794.12K | 700.95K | 1.42M | 1.27M | 1.06M | 1.1M | 980.14K | 1.5M | 1.29M | 847.33K | 796.97K | 609.97K |
| COGS % of Revenue | 76.2% | 114.84% | 77.33% | 79.18% | 75.53% | 79.39% | 87.86% | 74.54% | 81.71% | 81.63% | 75% | 73.66% | 70.58% | 77.68% | 70.87% | 67.93% | 60.01% | 64.8% | 59.87% | 68.92% |
| Gross Profit | 372.71K | -329.26K | 542.48K | 622.61K | 501.57K | 409.12K | 168.69K | 325.46K | 177.74K | 157.77K | 472.56K | 454.4K | 443.45K | 317.39K | 402.87K | 706.33K | 861.86K | 460.32K | 534.12K | 275.02K |
| Gross Margin % | 23.8% | -14.84% | 22.67% | 20.82% | 24.47% | 20.61% | 12.14% | 25.46% | 18.29% | 18.37% | 25% | 26.34% | 29.42% | 22.32% | 29.13% | 32.07% | 39.99% | 35.2% | 40.13% | 31.08% |
| Gross Profit Growth % | -25.69% | -180.48% | 221.58% | 91.3% | 182.19% | 159.32% | -64.3% | -28.38% | -59.92% | -50.29% | 17.3% | -35.67% | -48.55% | -31.05% | -24.57% | - | 213.38% | 568.48% | - | - |
| Operating Expenses | 2.14M | 4.87M | 3.54M | 1.97M | 1.65M | 1.59M | 2.1M | 2M | 2.14M | 2.33M | 2.29M | 1.95M | 2.12M | 1.76M | 1.66M | 3.62M | 1.2M | 1.39M | 725.53K | 317.42K |
| OpEx % of Revenue | 136.9% | 219.61% | 148.11% | 65.98% | 80.49% | 80.06% | 150.88% | 156.81% | 220.68% | 271.83% | 121.21% | 113.13% | 140.72% | 123.92% | 120.17% | 164.41% | 55.51% | 106.61% | 54.51% | 35.87% |
| Selling, General & Admin | 2M | 4.59M | 3.45M | 1.84M | 1.51M | 1.52M | 1.99M | 1.88M | 2.07M | 2.25M | 2.1M | 1.81M | 2M | 1.59M | 1.58M | 3.48M | 1.16M | 1.35M | 707.16K | 301.55K |
| SG&A % of Revenue | 127.77% | 206.73% | 144% | 61.41% | 73.48% | 76.71% | 143.04% | 147% | 212.91% | 262.37% | 111.04% | 104.9% | 132.91% | 112.04% | 113.99% | 157.94% | 53.99% | 103.31% | 53.13% | 34.07% |
| Research & Development | 142.96K | 262.5K | 74.21K | 78.82K | 0 | 66.51K | 68.62K | 84.66K | 75.5K | 81.29K | 145.11K | 94.08K | 77.18K | 124.65K | 41.35K | 107.06K | 5.32K | 43.13K | 3.21K | 6.76K |
| R&D % of Revenue | 9.13% | 11.83% | 3.1% | 2.64% | - | 3.35% | 4.94% | 6.62% | 7.77% | 9.47% | 7.68% | 5.45% | 5.12% | 8.77% | 2.99% | 4.86% | 0.25% | 3.3% | 0.24% | 0.76% |
| Other Operating Expenses | 0 | 23.37K | 24.17K | 57.88K | 143.55K | 0 | 40.35K | 40.76K | 0 | 0 | 47.03K | 47.92K | 40.53K | 44.35K | 44.11K | 35.46K | 27.43K | 0 | 15.16K | 9.1K |
| Operating Income | -1.77M | -5.2M | -3M | -1.35M | -1.15M | -1.18M | -1.93M | -1.68M | -1.97M | -2.18M | -1.82M | -1.5M | -1.68M | -1.44M | -1.26M | -2.92M | -334.52K | -933.71K | -191.41K | -42.39K |
| Operating Margin % | -113.1% | -234.44% | -125.45% | -45.16% | -56.01% | -59.46% | -138.74% | -131.35% | -202.39% | -253.46% | -96.21% | -86.79% | -111.3% | -101.6% | -91.04% | -132.35% | -15.52% | -71.4% | -14.38% | -4.79% |
| Operating Income Growth % | -54.28% | -340.78% | -55.73% | 19.57% | 41.64% | 45.76% | -6.02% | -12.12% | -17.26% | -50.67% | -44.42% | 48.64% | -401.45% | -54.71% | -557.81% | - | -689.09% | -333.97% | - | - |
| EBITDA | -1.75M | -5.18M | -2.98M | -1.32M | -1.11M | -1.15M | -1.88M | -1.63M | -1.92M | -2.12M | -1.77M | -1.44M | -1.63M | -1.4M | -1.21M | -2.88M | -305.5K | -910.81K | -174.99K | -32.08K |
| EBITDA Margin % | -111.5% | -233.32% | -124.34% | -44.11% | -54.35% | -57.74% | -135.5% | -127.8% | -197.3% | -247.4% | -93.47% | -83.67% | -108.1% | -98.15% | -87.55% | -130.61% | -14.17% | -69.65% | -13.15% | -3.62% |
| EBITDA Growth % | -56.75% | -351.71% | -58.05% | 19.25% | 41.91% | 46.04% | -6.57% | -13.16% | -17.69% | -52.25% | -45.91% | 49.83% | -433.34% | -53.21% | -591.9% | - | -852.32% | -339.67% | - | - |
| D&A (Non-Cash Add-back) | 24.91K | 25K | 26.4K | 31.22K | 34.03K | 34.1K | 45.01K | 45.42K | 49.44K | 52.01K | 51.72K | 53.87K | 48.12K | 49.1K | 48.36K | 38.28K | 29.03K | 22.91K | 16.42K | 10.31K |
| EBIT | -1.77M | -4.43M | 727.27K | -1.37M | -1.15M | -249.51K | -8.35M | -1.97M | -1.94M | -2.15M | -1.79M | -1.45M | -1.94M | -1.44M | -1.25M | -2.92M | -334.59K | -3.83M | -190.97K | -154.38K |
| Net Interest Income | 8.8K | 9.65K | -4.42K | -3.65K | -5.67K | 21.02K | -453.13K | -231.96K | -226.42K | -7.54K | 5.56K | 21.36K | -18.05K | -33.99K | -33.95K | -1.18M | -362.11K | -210.14K | -161.79K | -92.67K |
| Interest Income | 14.32K | 16.12K | 23 | 0 | 0 | 26.07K | 14.59K | 18.6K | 26.86K | 24.91K | 33.05K | 47.76K | 20.13K | 81 | 64 | 94 | 0 | 0 | 9 | 147 |
| Interest Expense | 5.52K | 6.47K | 4.44K | 3.65K | 5.67K | 5.06K | 467.71K | 250.56K | 253.29K | 32.44K | 27.49K | 26.4K | 38.18K | 34.07K | 34.02K | 1.18M | 362.11K | 210.14K | 161.8K | 92.81K |
| Other Income/Expense | 8.77K | 766.17K | 3.73M | -18.63K | -4.13K | 925.89K | -6.89M | -540.98K | -225.53K | -7.54K | 5.56K | 18.44K | -299.83K | -33.99K | -20.17K | -1.18M | -362.18K | -3.05M | -161.36K | -204.8K |
| Pretax Income | -1.76M | -4.44M | 722.83K | -1.37M | -1.15M | -254.57K | -8.81M | -2.22M | -2.19M | -2.18M | -1.81M | -1.48M | -1.98M | -1.48M | -1.28M | -4.09M | -696.7K | -3.98M | -352.78K | -247.19K |
| Pretax Margin % | -112.54% | -199.92% | 30.2% | -45.78% | -56.21% | -12.82% | -634.35% | -173.68% | -225.6% | -254.34% | -95.91% | -85.72% | -131.19% | -103.99% | -92.5% | -185.72% | -32.32% | -304.45% | -26.5% | -27.93% |
| Income Tax | 26 | 37 | 38 | 37 | 0 | -2.93K | 460 | 460 | 460 | 1.95K | 1.38K | -38 | 0 | -9.15K | 0 | 150 | 150 | 9.3K | 0 | 0 |
| Effective Tax Rate % | -0% | -0% | 0.01% | -0% | 0% | 1.15% | -0.01% | -0.02% | -0.02% | -0.09% | -0.08% | 0% | 0% | 0.62% | 0% | -0% | -0.02% | -0.23% | 0% | 0% |
| Net Income | -1.76M | -4.44M | 722.79K | -1.37M | -1.15M | -251.65K | -8.81M | -2.22M | -2.19M | -2.19M | -1.81M | -1.48M | -1.98M | -1.47M | -1.28M | -4.09M | -696.85K | -3.99M | -352.78K | -247.19K |
| Net Margin % | -112.54% | -199.92% | 30.2% | -45.78% | -56.21% | -12.67% | -634.38% | -173.71% | -225.64% | -254.56% | -95.98% | -85.72% | -131.19% | -103.35% | -92.5% | -185.73% | -32.33% | -305.16% | -26.5% | -27.93% |
| Net Income Growth % | -52.97% | -1663.23% | 108.2% | 38.35% | 47.47% | 88.49% | -385.87% | -50.14% | -10.91% | -48.77% | -41.81% | 63.85% | -183.74% | 63.18% | -262.64% | - | -181.91% | -1787.79% | - | - |
| Net Income (Continuing) | -1.76M | -4.44M | 722.79K | -1.37M | -1.15M | -251.65K | -8.81M | -2.22M | -2.19M | -2.19M | -1.81M | -1.48M | -1.98M | -1.47M | -1.28M | -4.09M | -696.85K | -3.99M | -352.78K | -247.19K |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.17 | -0.45 | 0.10 | -0.41 | -0.37 | -0.12 | -24.55 | -30.18 | -0.31 | -0.32 | -26.25 | -0.21 | -0.32 | -0.22 | -0.19 | -0.62 | -0.11 | -0.62 | -0.05 | -0.04 |
| EPS Growth % | 54.05% | -275% | 100.41% | 98.64% | -19.35% | 62.5% | 6.48% | -14271.43% | 3.13% | -45.45% | -13715.79% | 66.13% | -190.91% | 64.52% | -247.35% | - | -186.46% | -1790.24% | - | - |
| EPS (Basic) | -0.17 | -0.45 | 0.12 | -0.41 | -0.37 | -0.12 | -24.55 | -30.18 | -0.31 | -0.32 | -26.25 | -0.21 | -0.32 | -0.22 | -0.19 | -0.62 | -0.11 | -0.62 | -0.05 | -0.04 |
| Diluted Shares Outstanding | 10.46M | 9.78M | 7.57M | 3.34M | 3.11M | 2.1M | 358.99K | 73.57K | 70.06K | 69.23K | 69.11K | 69.1K | 68.15K | 68.02K | 68.02K | 68.02K | 43K | 64.45K | 64.45K | 64.45K |
| Basic Shares Outstanding | 10.46M | 9.78M | 6M | 3.34M | 3.11M | 2.1M | 358.99K | 73.57K | 70.06K | 69.23K | 69.11K | 69.1K | 68.15K | 68.02K | 68.02K | 68.02K | 43K | 64.45K | 64.45K | 64.45K |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |