Expion360 Inc. (XPON) Financial Statements
Industry: Miscellaneous Electrical Machinery, Equipment & Supplies
In fiscal 2025, Expion360 reported revenue of $9.7M, up 71.6% from $5.6M the year before. Net income was -$6.2M (a -64.6% net margin), or -$13.56 per diluted share. Gross margin was 13.9% and operating margin was -110.9%. Operating activities generated -$6.1M of cash. At fiscal year end, Expion360 held $8.1M in total assets against $1.5M in total liabilities, including $3.0M of cash and equivalents.
Open the full interactive Expion360 financials → Quarterly statements, key ratios, valuation history and price charts.
Expion360 Key Stats
| Share Price | $3.97 |
|---|---|
| Market Cap | $3.8M |
| Revenue YoY Growth | +71.6% |
| 52-Week Range | $3.27 – $20.28 |
| Shares Outstanding | 953,192 (basic, 2026 Q2) |
Expion360 Income Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Revenue | $7.2M | $6.0M | $5.6M | $9.7M |
| Gross Profit | $2.3M | $1.6M | $1.2M | $1.3M |
| Operating Income | -$6.0M | -$7.2M | -$6.8M | -$10.7M |
| Pre-Tax Income | -$7.5M | -$7.5M | -$13.5M | -$6.2M |
| Income Tax | -$8,850 | $3,293 | -$1,548 | $150 |
| Net Income | -$7.5M | -$7.5M | -$13.5M | -$6.2M |
| Diluted EPS | — | — | -$252.36 | -$13.56 |
Expion360 Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $2.4M | $2.2M | $1.6M | $2.0M |
| Net Income | $722,792 | -$4.4M | -$1.8M | -$1.3M |
| Diluted EPS | $1.20 | -$0.81 | -$2.04 | -$1.34 |
Expion360 Balance Sheet
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash & Equivalents | $7.2M | $3.9M | $547,565 | $3.0M |
| Current Assets | $12.3M | $8.3M | $7.8M | $7.0M |
| Total Assets | $16.7M | $11.9M | $9.1M | $8.1M |
| Current Liabilities | $1.6M | $4.0M | $5.8M | $996,937 |
| Total Long-Term Debt | $1.0M | $349,281 | $230,170 | $197,245 |
| Total Liabilities | $5.1M | $6.6M | $6.6M | $1.5M |
| Shareholders' Equity | $11.6M | $5.3M | $2.5M | $6.5M |
Expion360 Cash Flow Statement
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|
| Cash From Operations | -$5.5M | -$5.5M | -$9.6M | -$6.1M |
| Cash From Investing | -$515,692 | $16,578 | $113,408 | $4,250 |
| Cash From Financing | $12.4M | $2.2M | $6.1M | $8.6M |
| Free Cash Flow | -$6.0M | -$5.6M | — | — |
Figures from Expion360's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Expion360 financials page for every line item.
Expion360 Company Profile
| Ticker | XPON |
|---|---|
| Exchange | Nasdaq |
| Industry | Miscellaneous Electrical Machinery, Equipment & Supplies |
| Headquarters | Redmond, Oregon |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001894954 |
Frequently Asked Questions
What was Expion360's revenue in fiscal 2025?
Expion360 (XPON) reported revenue of $9.7M for fiscal 2025.
What is Expion360's annual revenue history?
Expion360's annual revenue by fiscal year: 2022: $7.2M; 2023: $6.0M; 2024: $5.6M; 2025: $9.7M.
What was Expion360's net income in fiscal 2025?
Expion360 reported net income of -$6.2M for fiscal 2025.
What was Expion360's earnings per share (EPS) in fiscal 2025?
Expion360's diluted EPS was -$13.56 for fiscal 2025 (adjusted for any later stock splits).
What was Expion360's revenue last quarter?
In its most recent reported quarter (2026 Q2), Expion360 reported revenue of $2.0M.
How much debt does Expion360 have?
Expion360 reported $197,245 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Expion360 are outstanding?
Expion360 reported a weighted average of 953,192 basic shares outstanding in 2026 Q2.
What is Expion360's market cap?
Based on its latest closing price, Expion360 (XPON) has a market capitalization of about $3.8M.
When does Expion360's fiscal year end?
Expion360's fiscal year end, as registered with the SEC, is December 31.
Where is Expion360 headquartered?
Expion360 lists its business address in Redmond, Oregon in its SEC filings.
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