Expion Energy (XPON) Invested Capital (2021 - 2026)
Expion Energy (XPON) reported Invested Capital of $4.97 million for Q2 2026, up 118.1% from $2.28 million a year earlier but down 20.3% from the prior quarter.
Expion Energy (XPON) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Expion Energy posted Invested Capital of $6.73 million, up 145.0% from FY2024.
- Invested Capital has a four-year compound annual growth rate of 16.3% (FY2021 to FY2025).
- By year, Invested Capital came in at $2.75 million in FY2024 (-51.8%), $5.7 million in FY2023 (-54.8%), $12.62 million in FY2022 (+242.3%) and $3.69 million in FY2021.
- Five-year quarterly Invested Capital spans a low of $2.28 million in Q2 2025 and a high of $14.86 million in Q2 2022.
- Year over year, Invested Capital has now increased in each of the last four quarters, with growth averaging 53.9% over the last eight quarters.
- The high point for year-over-year Invested Capital in five years was Q4 2022 (growth of 242.3%); the low point was Q2 2024 (a decline of 67.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $6.24 million (Q1 2026), $6.73 million (Q4 2025) and $9.22 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 15.91 Bn |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 10.36 Bn |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 3.35 Bn |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 4.21 Bn |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 3.01 Bn |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 1.75 Bn |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.32 Bn |
| 10 | Expion Energy | 4.26 Mn | -7.64 Mn | 658,266.00 | 4.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.97 Mn |
| Mar 31, 2026 | 6.24 Mn |
| Dec 31, 2025 | 6.73 Mn |
| Sep 30, 2025 | 9.22 Mn |
| Jun 30, 2025 | 2.28 Mn |
| Mar 31, 2025 | 3.42 Mn |
| Dec 31, 2024 | 2.75 Mn |
| Sep 30, 2024 | 2.78 Mn |
| Jun 30, 2024 | 2.77 Mn |
| Mar 31, 2024 | 3.93 Mn |
| Dec 31, 2023 | 5.70 Mn |
| Sep 30, 2023 | 7.50 Mn |
| Jun 30, 2023 | 8.63 Mn |
| Mar 31, 2023 | 10.61 Mn |
| Dec 31, 2022 | 12.62 Mn |
| Sep 30, 2022 | 13.60 Mn |
| Jun 30, 2022 | 14.86 Mn |
| Mar 31, 2022 | 3.19 Mn |
| Dec 31, 2021 | 3.69 Mn |
Expion Energy Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=XPON&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "XPON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=XPON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();