Expion360 (XPON) Operating Expenses (2021 - 2026)
Expion360's (XPON) quarterly Operating Expenses came in at $2.2 million in Q1 2026, up 31.38% YoY from $1.6 million in Q1 2025, and down 55.54% on a QoQ basis from $4.9 million in Q4 2025.
Expion360 (XPON) Operating Expenses (2021 - 2026) Analysis & Trends
Expion360 (XPON) has 6 years of Operating Expenses data on file, last reported at $2.2 million in 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 declined to $2.2 million in Q1 2026, from $4.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $4.9 million in Q4 2025 to a low of $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 slumped 61.67%.
- Tracing XPON's Operating Expenses over 5 years: stood at $1.8 million in 2022, then soared by 35.17% to $2.4 million in 2023, then slumped by 32.02% to $1.6 million in 2024, then soared by 201.05% to $4.9 million in 2025, then tumbled by 55.54% to $2.2 million in 2026.
- The last three Operating Expenses figures came in at $2.2 million (Q1 2026), $4.9 million (Q4 2025), and $3.5 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.41 Bn | 97.30 Bn | 1.23 Bn | 490.50 Mn |
| 2 | Bloom Energy | 57.62 Bn | 54.95 Bn | 355.57 Mn | 173.34 Mn |
| 3 | Hubbell | 24.88 Bn | 24.48 Bn | 613.00 Mn | 264.40 Mn |
| 4 | nVent Electric | 24.83 Bn | 24.58 Bn | 558.00 Mn | 257.30 Mn |
| 5 | Advanced Energy Industries | 11.14 Bn | 9.72 Bn | 236.10 Mn | 141.00 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.96 Bn | 606.40 Mn | 413.10 Mn |
| 7 | Powell Industries | 7.21 Bn | 6.58 Bn | 95.30 Mn | 31.00 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 151.24 Mn |
| 9 | Hayward Holdings | 3.20 Bn | 2.71 Bn | 155.05 Mn | 72.69 Mn |
| 10 | Expion360 | 3.33 Mn | 1.79 Mn | 658,266.00 | 1.96 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.96 Mn |
| 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 |