Expion360 (XPON) Operating Expenses (2021 - 2026)
Expion360 (XPON) posted Operating Expenses of $2.2 million for Q1 2026, down 55.54% on a QoQ basis from $4.9 million in Q4 2025, and up 31.38% year-over-year from $1.6 million in Q1 2025.
Expion360 (XPON) Operating Expenses (2021 - 2026) Analysis & Trends
Expion360's Operating Expenses history runs 6 years deep, the most recent figure standing at $2.2 million for Q1 2026.
- Quarterly Operating Expenses rose 31.38% year-over-year to $2.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $12.6 million (up 88.59% YoY) and the FY2025 annual result came in at $12.0 million, up 67.25% from the prior year.
- Operating Expenses was $2.2 million for Q1 2026 at Expion360, down from $4.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $4.9 million in Q4 2025 and bottomed at $299831.0 in Q1 2023.
- A 5-year average of $2.1 million and a median of $1.8 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses jumped 767.6% — and 2023, when it sank 61.67%.
- Expion360's Operating Expenses stood at $1.8 million in 2022, then surged by 35.17% to $2.4 million in 2023, then plunged by 32.02% to $1.6 million in 2024, then surged by 201.05% to $4.9 million in 2025, then sank by 55.54% to $2.2 million in 2026.
- Business Quant data shows XPON's Operating Expenses at $2.2 million in Q1 2026, $4.9 million in Q4 2025, and $3.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | 2.76 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 451.80 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 153.35 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 241.50 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 249.90 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | 132.60 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 413.10 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 30.13 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 589.73 Mn |
| 10 | Expion360 | 2.24 Mn | -812,999.50 | 396,076.00 | 2.17 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.17 Mn |
| Dec 31, 2025 | 4.87 Mn |
| Sep 30, 2025 | 3.54 Mn |
| Jun 30, 2025 | 1.97 Mn |
| Mar 31, 2025 | 1.65 Mn |
| Dec 31, 2024 | 1.62 Mn |
| Sep 30, 2024 | 1.70 Mn |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 2.19 Mn |
| Dec 31, 2023 | 2.38 Mn |
| Sep 30, 2023 | 2.29 Mn |
| Jun 30, 2023 | 1.39 Mn |
| Mar 31, 2023 | 299,831.00 |
| Dec 31, 2022 | 1.76 Mn |
| Sep 30, 2022 | 1.66 Mn |
| Jun 30, 2022 | 3.62 Mn |
| Mar 31, 2022 | 362,182.00 |
| Dec 31, 2021 | 1.45 Mn |
| Sep 30, 2021 | 725,529.00 |
| Jun 30, 2021 | 417,426.00 |