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Side-by-side financial comparison of KOSS CORP (KOSS) and Expion360 Inc. (XPON). Click either name above to swap in a different company.

KOSS CORP is the larger business by last-quarter revenue ($2.9M vs $2.2M, roughly 1.3× Expion360 Inc.). KOSS CORP runs the higher net margin — -19.8% vs -199.9%, a 180.2% gap on every dollar of revenue. On growth, Expion360 Inc. posted the faster year-over-year revenue change (11.8% vs -19.6%). Over the past eight quarters, Expion360 Inc.'s revenue compounded faster (51.1% CAGR vs 4.2%).

Koss Corporation is a company in Milwaukee, Wisconsin, US that manufactures headphones. The company created the first high-fidelity stereo headphones in 1958.

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.

KOSS vs XPON — Head-to-Head

Bigger by revenue
KOSS
KOSS
1.3× larger
KOSS
$2.9M
$2.2M
XPON
Growing faster (revenue YoY)
XPON
XPON
+31.3% gap
XPON
11.8%
-19.6%
KOSS
Higher net margin
KOSS
KOSS
180.2% more per $
KOSS
-19.8%
-199.9%
XPON
Faster 2-yr revenue CAGR
XPON
XPON
Annualised
XPON
51.1%
4.2%
KOSS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
KOSS
KOSS
XPON
XPON
Revenue
$2.9M
$2.2M
Net Profit
$-565.4K
$-4.4M
Gross Margin
29.0%
-14.8%
Operating Margin
-35.5%
-234.4%
Net Margin
-19.8%
-199.9%
Revenue YoY
-19.6%
11.8%
Net Profit YoY
-700.6%
-1663.2%
EPS (diluted)
$-0.06
$-0.45

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KOSS
KOSS
XPON
XPON
Q4 25
$2.9M
$2.2M
Q3 25
$4.1M
$2.4M
Q2 25
$3.1M
$3.0M
Q1 25
$2.8M
$2.0M
Q4 24
$3.6M
$2.0M
Q3 24
$3.2M
$1.4M
Q2 24
$2.9M
$1.3M
Q1 24
$2.6M
$971.9K
Net Profit
KOSS
KOSS
XPON
XPON
Q4 25
$-565.4K
$-4.4M
Q3 25
$243.7K
$722.8K
Q2 25
$-232.7K
$-1.4M
Q1 25
$-316.7K
$-1.2M
Q4 24
$94.1K
$-251.6K
Q3 24
$-419.5K
$-8.8M
Q2 24
$-110.4K
$-2.2M
Q1 24
$-313.8K
$-2.2M
Gross Margin
KOSS
KOSS
XPON
XPON
Q4 25
29.0%
-14.8%
Q3 25
40.0%
22.7%
Q2 25
36.0%
20.8%
Q1 25
39.0%
24.5%
Q4 24
39.5%
22.1%
Q3 24
36.6%
12.1%
Q2 24
40.4%
25.5%
Q1 24
31.9%
22.9%
Operating Margin
KOSS
KOSS
XPON
XPON
Q4 25
-35.5%
-234.4%
Q3 25
-1.1%
-125.4%
Q2 25
-14.2%
-45.2%
Q1 25
-18.7%
-56.0%
Q4 24
-4.0%
-59.5%
Q3 24
-19.9%
-138.7%
Q2 24
-11.0%
-131.4%
Q1 24
-23.1%
-202.4%
Net Margin
KOSS
KOSS
XPON
XPON
Q4 25
-19.8%
-199.9%
Q3 25
6.0%
30.2%
Q2 25
-7.5%
-45.8%
Q1 25
-11.4%
-56.2%
Q4 24
2.6%
-12.7%
Q3 24
-13.1%
-634.4%
Q2 24
-3.8%
-173.7%
Q1 24
-11.9%
-225.6%
EPS (diluted)
KOSS
KOSS
XPON
XPON
Q4 25
$-0.06
$-0.45
Q3 25
$0.03
$0.10
Q2 25
$-0.02
$-0.41
Q1 25
$-0.03
$-0.37
Q4 24
$0.01
$65.02
Q3 24
$-0.05
$-24.55
Q2 24
$-0.01
$-30.20
Q1 24
$-0.03
$-31.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KOSS
KOSS
XPON
XPON
Cash + ST InvestmentsLiquidity on hand
$15.5M
$3.0M
Total DebtLower is stronger
$197.2K
Stockholders' EquityBook value
$30.3M
$6.5M
Total Assets
$36.8M
$8.1M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KOSS
KOSS
XPON
XPON
Q4 25
$15.5M
$3.0M
Q3 25
$16.5M
$4.3M
Q2 25
$15.7M
$684.9K
Q1 25
$13.0M
$1.1M
Q4 24
$9.7M
$547.6K
Q3 24
$11.9M
$3.3M
Q2 24
$14.9M
$902.3K
Q1 24
$9.9M
$2.3M
Total Debt
KOSS
KOSS
XPON
XPON
Q4 25
$197.2K
Q3 25
$205.6K
Q2 25
$213.6K
Q1 25
$221.8K
Q4 24
$230.2K
Q3 24
$239.9K
Q2 24
$247.7K
Q1 24
$255.4K
Stockholders' Equity
KOSS
KOSS
XPON
XPON
Q4 25
$30.3M
$6.5M
Q3 25
$30.9M
$9.0M
Q2 25
$30.6M
$2.1M
Q1 25
$30.7M
$3.2M
Q4 24
$31.0M
$2.5M
Q3 24
$30.8M
$2.5M
Q2 24
$31.1M
$2.5M
Q1 24
$31.1M
$3.7M
Total Assets
KOSS
KOSS
XPON
XPON
Q4 25
$36.8M
$8.1M
Q3 25
$37.7M
$10.7M
Q2 25
$37.2M
$8.6M
Q1 25
$37.3M
$9.2M
Q4 24
$37.4M
$9.1M
Q3 24
$38.1M
$10.1M
Q2 24
$37.2M
$8.8M
Q1 24
$37.6M
$10.0M
Debt / Equity
KOSS
KOSS
XPON
XPON
Q4 25
0.03×
Q3 25
0.02×
Q2 25
0.10×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KOSS
KOSS
XPON
XPON
Operating Cash FlowLast quarter
$-760.8K
$-2.4M
Free Cash FlowOCF − Capex
$-1.1M
FCF MarginFCF / Revenue
-37.5%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-546.7K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KOSS
KOSS
XPON
XPON
Q4 25
$-760.8K
$-2.4M
Q3 25
$762.6K
$-2.1M
Q2 25
$-534.9K
$-401.0K
Q1 25
$370.4K
$-1.2M
Q4 24
$-252.0K
$-2.9M
Q3 24
$201.6K
$-3.2M
Q2 24
$-174.0K
$-1.7M
Q1 24
$328.6K
$-1.7M
Free Cash Flow
KOSS
KOSS
XPON
XPON
Q4 25
$-1.1M
Q3 25
$761.5K
Q2 25
$-541.8K
Q1 25
$306.2K
Q4 24
$-314.3K
Q3 24
$-155.6K
Q2 24
$-174.8K
Q1 24
$269.3K
$-1.7M
FCF Margin
KOSS
KOSS
XPON
XPON
Q4 25
-37.5%
Q3 25
18.7%
Q2 25
-17.6%
Q1 25
11.0%
Q4 24
-8.8%
Q3 24
-4.9%
Q2 24
-6.0%
Q1 24
10.2%
-173.1%
Capex Intensity
KOSS
KOSS
XPON
XPON
Q4 25
10.9%
Q3 25
0.0%
Q2 25
0.2%
Q1 25
2.3%
Q4 24
1.8%
Q3 24
11.2%
Q2 24
0.0%
Q1 24
2.3%
1.1%
Cash Conversion
KOSS
KOSS
XPON
XPON
Q4 25
Q3 25
3.13×
-2.90×
Q2 25
Q1 25
Q4 24
-2.68×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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