Expion360 (XPON) Gross Margin (2021 - 2026)
Expion360 posted quarterly Gross Margin of 25.29% for Q1 2026, up 82.0% year-on-year from 13.9% in Q1 2025, and up 270.5% on a QoQ basis from 14.84% in Q4 2025.
Expion360 (XPON) has 6 years of Gross Margin data on file, last reported at 25.29% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 82.0% year-over-year to 25.29%; the trailing twelve-month figure through Mar 2026 stood at 13.44% (down 796.0% YoY), and the FY2025 full-year result was 13.86%, down 668.0% from the prior year.
- Gross Margin for Q1 2026 stood at 25.29%, up from 14.84% in the prior quarter.
- Across five years, Gross Margin topped out at 39.99% in Q1 2022 and bottomed at 14.84% in Q4 2025.
- The 5-year median for Gross Margin is 24.47% (2025), against an average of 22.89%.
- Peak annual rise in Gross Margin reached 1053 bps in 2025, while the deepest fall reached 3692 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 22.32% in 2022, then advanced by 7 bps to 23.89% in 2023, then slipped by 8 bps to 22.09% in 2024, then plunged by 167 bps to 14.84% in 2025, then soared by 270 bps to 25.29% in 2026.
- The last three Gross Margin figures came in at 25.29% (Q1 2026), 14.84% (Q4 2025), and 22.67% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 37.73% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 30.03% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 35.88% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 33.32% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 39.32% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 29.65% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 49.29% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 29.44% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -13.21% |
| 10 | Expion360 | 5.48 Mn | 2.38 Mn | 396,076.00 | 25.29% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.29% |
| Dec 31, 2025 | -14.84% |
| Sep 30, 2025 | 22.67% |
| Jun 30, 2025 | 20.82% |
| Mar 31, 2025 | 24.47% |
| Dec 31, 2024 | 22.09% |
| Sep 30, 2024 | 12.14% |
| Jun 30, 2024 | 25.46% |
| Mar 31, 2024 | 22.90% |
| Dec 31, 2023 | 23.89% |
| Sep 30, 2023 | 25.00% |
| Jun 30, 2023 | 26.34% |
| Mar 31, 2023 | 29.42% |
| Dec 31, 2022 | 22.32% |
| Sep 30, 2022 | 29.13% |
| Jun 30, 2022 | 32.07% |
| Mar 31, 2022 | 39.99% |
| Dec 31, 2021 | 35.20% |
| Sep 30, 2021 | 40.13% |
| Jun 30, 2021 | 37.86% |
| Mar 31, 2021 | 31.08% |