Expion360 Inc.XPONEarnings & Financial Report
Expion360 Inc. is a provider of high-performance lithium iron phosphate (LFP) battery solutions and supporting energy storage products. Its core customer segments cover recreational vehicle owners, marine users, off-grid lifestyle enthusiasts and residential users across the U.S. market, delivering safe, durable and low-carbon energy storage options.
Revenue
$1.4M
Gross Profit
$168.7K
Operating Profit
$-1.9M
Net Profit
$-8.8M
Gross Margin
12.1%
Operating Margin
-138.7%
Net Margin
-634.4%
YoY Growth
-26.5%
EPS
$-24.55
Expion360 Inc. Q3 FY2024 Financial Summary
Expion360 Inc. reported revenue of $1.4M (down 26.5% YoY) for Q3 FY2024, with a net profit of $-8.8M (down 385.9% YoY) (-634.4% margin). Cost of goods sold was $1.2M, operating expenses totaled $2.1M.
Key Financial Metrics
| Total Revenue | $1.4M |
|---|---|
| Net Profit | $-8.8M |
| Gross Margin | 12.1% |
| Operating Margin | -138.7% |
| Report Period | Q3 FY2024 |
Expion360 Inc. Annual Revenue by Year
Expion360 Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $9.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $9.7M |
| 2024 | $5.6M |
Expion360 Inc. Quarterly Revenue & Net Profit History
Expion360 Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $2.2M | +11.8% | $-4.4M | -199.9% |
| Q3 FY2025 | $2.4M | +72.2% | $722.8K | 30.2% |
| Q2 FY2025 | $3.0M | +133.9% | $-1.4M | -45.8% |
| Q1 FY2025 | $2.0M | +110.9% | $-1.2M | -56.2% |
| Q4 FY2024 | $2.0M | +131.2% | $-251.6K | -12.7% |
| Q3 FY2024 | $1.4M | -26.5% | $-8.8M | -634.4% |
| Q2 FY2024 | $1.3M | -25.9% | $-2.2M | -173.7% |
| Q1 FY2024 | $971.9K | -35.5% | $-2.2M | -225.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $971859 | $1.3M | $1.4M | $2.0M | $2.0M | $3.0M | $2.4M | $2.2M |
| YoY Growth | -35.5% | -25.9% | -26.5% | 131.2% | 110.9% | 133.9% | 72.2% | 11.8% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $10.0M | $8.8M | $10.1M | $9.1M | $9.2M | $8.6M | $10.7M | $8.1M |
| Liabilities | $6.3M | $6.2M | $7.6M | $6.6M | $6.0M | $6.5M | $1.7M | $1.5M |
| Equity | $3.7M | $2.5M | $2.5M | $2.5M | $3.2M | $2.1M | $9.0M | $6.5M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.7M | $-1.7M | $-3.2M | $-2.9M | $-1.2M | $-400962 | $-2.1M | $-2.4M |