Expion360 (XPON) Operating Income (2021 - 2026)
Expion360 (XPON) reported Operating Income of -$1.8 million for Q1 2026, down 54.28% on a YoY basis from -$3.9 million in Q1 2025, and up 65.97% quarter-over-quarter from -$5.2 million in Q4 2025.
Expion360 (XPON) Operating Income (2021 - 2026) Analysis & Trends
Expion360 has reported Operating Income for 6 years, with the latest figure at -$1.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 54.28% year-over-year to -$1.8 million; the trailing twelve-month figure through Mar 2026 stood at -$11.3 million (down 90.85% YoY), and the FY2025 full-year result was -$10.7 million, down 58.48% from the prior year.
- Operating Income for Q1 2026 stood at -$1.8 million, up from -$5.2 million in the prior quarter.
- The five-year high for Operating Income was -$334521.0 in Q1 2022, with the low at -$5.2 million in Q4 2025.
- Historically, Operating Income has averaged -$1.9 million across 5 years, with a median of -$1.7 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Income slumped 6983.06% — and 2023, when it jumped 48.64%.
- Expion360's Operating Income stood at -$1.4 million in 2022, then sank by 50.67% to -$2.2 million in 2023, then soared by 45.76% to -$1.2 million in 2024, then slumped by 340.78% to -$5.2 million in 2025, then surged by 65.97% to -$1.8 million in 2026.
- The last three Operating Income figures came in at -$1.8 million (Q1 2026), -$5.2 million (Q4 2025), and -$3.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 440.10 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 72.20 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 195.70 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 263.80 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 68.30 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 57.58 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -11.26 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 133.00 Mn |
| 10 | Expion360 | 4.99 Mn | 1.89 Mn | 396,076.00 | -1.77 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.77 Mn |
| Dec 31, 2025 | -5.20 Mn |
| Sep 30, 2025 | -3.00 Mn |
| Jun 30, 2025 | -1.35 Mn |
| Mar 31, 2025 | -1.15 Mn |
| Dec 31, 2024 | -1.18 Mn |
| Sep 30, 2024 | -1.93 Mn |
| Jun 30, 2024 | -1.68 Mn |
| Mar 31, 2024 | -1.97 Mn |
| Dec 31, 2023 | -2.18 Mn |
| Sep 30, 2023 | -1.82 Mn |
| Jun 30, 2023 | -1.50 Mn |
| Mar 31, 2023 | -1.68 Mn |
| Dec 31, 2022 | -1.44 Mn |
| Sep 30, 2022 | -1.26 Mn |
| Jun 30, 2022 | -2.92 Mn |
| Mar 31, 2022 | -334,521.00 |
| Dec 31, 2021 | -988,392.00 |
| Sep 30, 2021 | -191,414.00 |
| Jun 30, 2021 | -41,158.00 |