Expion360 (XPON) Operating Expenses (2021 - 2026)
Expion360 posted quarterly Operating Expenses of $2.2 million for Q1 2026, up 31.38% year-on-year from $1.6 million in Q1 2025, and down 55.54% on a QoQ basis from $4.9 million in Q4 2025.
Expion360 (XPON) has 6 years of Operating Expenses data on file, last reported at $2.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 31.38% year-over-year to $2.2 million; the trailing twelve-month figure through Mar 2026 stood at $12.6 million (up 88.59% YoY), and the FY2025 full-year result was $12.0 million, up 67.25% from the prior year.
- Operating Expenses for Q1 2026 stood at $2.2 million, 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.
- The 5-year median for Operating Expenses is $1.8 million (2022), against an average of $2.1 million.
- The widest annual swing landed in 2022, when Operating Expenses jumped 767.6%; it then plunged 61.67% in 2023.
- A 5-year view of Operating Expenses shows it stood at $1.8 million in 2022, then jumped by 35.17% to $2.4 million in 2023, then sank by 32.02% to $1.6 million in 2024, then jumped by 201.05% to $4.9 million in 2025, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 451.80 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 153.35 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 249.90 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 241.50 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 132.60 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 30.13 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 387.40 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 19.72 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | 87.88 Mn |
| 10 | Expion360 | 5.48 Mn | 2.38 Mn | 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 |
| Mar 31, 2021 | 317,415.00 |