Growth Metrics

Expion360 (XPON) Debt to Equity (2021 - 2026)

Expion360 posted quarterly Debt to Equity of $0.03 for Q1 2026, down 54.82% year-on-year from $0.07 in Q1 2025, and up 3.89% on a QoQ basis from $0.03 in Q4 2025.

Expion360 (XPON) has 6 years of Debt to Equity data on file, last reported at $0.03 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 54.82% year-over-year to $0.03; the trailing twelve-month figure through Mar 2026 stood at $0.03 (down 54.82% YoY), and the FY2025 full-year result was $0.03, down 66.98% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.03, up from $0.03 in the prior quarter.
  • Across five years, Debt to Equity topped out at $2.39 in Q3 2024 and bottomed at $0.01 in Q1 2023.
  • The 5-year median for Debt to Equity is $0.04 (2022), against an average of $0.24.
  • The widest annual swing landed in 2023, when Debt to Equity tumbled 99.45%; it then jumped 32566.26% in 2024.
  • A 5-year view of Debt to Equity shows it stood at $0.04 in 2022, then soared by 48.45% to $0.07 in 2023, then surged by 39.99% to $0.09 in 2024, then tumbled by 66.98% to $0.03 in 2025, then rose by 3.89% to $0.03 in 2026.
  • The last three Debt to Equity figures came in at $0.03 (Q1 2026), $0.03 (Q4 2025), and $0.02 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 0.69
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn -
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 0.41
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 0.68
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 0.41
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn -
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 0.25
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 0.58
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn 0.09
10 Expion360 5.48 Mn 2.38 Mn 396,076.00 0.03

Historic Data

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DateValue
Mar 31, 2026 0.03
Dec 31, 2025 0.03
Sep 30, 2025 0.02
Jun 30, 2025 0.10
Mar 31, 2025 0.07
Dec 31, 2024 0.09
Sep 30, 2024 0.09
Jun 30, 2024 0.10
Mar 31, 2024 0.07
Dec 31, 2023 0.07
Sep 30, 2023 0.01
Jun 30, 2023 0.01
Mar 31, 2023 0.01
Dec 31, 2022 0.04
Sep 30, 2022 0.04
Jun 30, 2022 0.04
Mar 31, 2022 0.98
Dec 31, 2021 0.37