Expion360 (XPON) Operating Margin (2021 - 2026)
Expion360 posted quarterly Operating Margin of 113.1% for Q1 2026, down 5708.0% year-on-year from 2.02% in Q1 2025, and up 51.76% on a QoQ basis from 234.44% in Q4 2025.
Expion360 (XPON) has 6 years of Operating Margin data on file, last reported at 113.1% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 5708.0% year-over-year to 113.1%; the trailing twelve-month figure through Mar 2026 stood at 123.54% (down 3499.0% YoY), and the FY2025 full-year result was 110.9%, up 918.0% from the prior year.
- Operating Margin for Q1 2026 stood at 113.1%, up from 234.44% in the prior quarter.
- Across five years, Operating Margin topped out at 15.52% in Q1 2022 and bottomed at 253.46% in Q4 2023.
- The 5-year median for Operating Margin is 111.3% (2023), against an average of 117.32%.
- The widest annual swing landed in 2024, when Operating Margin surged 19400 bps; it then tumbled 17499 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 101.6% in 2022, then sank by 149 bps to 253.46% in 2023, then surged by 77 bps to 59.45% in 2024, then slumped by 294 bps to 234.44% in 2025, then soared by 52 bps to 113.1% in 2026.
- The last three Operating Margin figures came in at 113.1% (Q1 2026), 234.44% (Q4 2025), and 125.45% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 16.61% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 9.61% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 15.76% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 17.39% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 13.37% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 19.41% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 12.60% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 12.52% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -66.96% |
| 10 | Expion360 | 5.48 Mn | 2.38 Mn | 396,076.00 | -113.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -113.10% |
| Dec 31, 2025 | 188.83% |
| Sep 30, 2025 | -125.45% |
| Jun 30, 2025 | -45.16% |
| Mar 31, 2025 | -56.01% |
| Dec 31, 2024 | 137.71% |
| Sep 30, 2024 | -138.74% |
| Jun 30, 2024 | -131.35% |
| Mar 31, 2024 | -202.39% |
| Dec 31, 2023 | -253.46% |
| Sep 30, 2023 | -96.21% |
| Jun 30, 2023 | -86.79% |
| Mar 31, 2023 | -111.30% |
| Dec 31, 2022 | -101.60% |
| Sep 30, 2022 | -91.04% |
| Jun 30, 2022 | -132.35% |
| Mar 31, 2022 | -15.52% |
| Dec 31, 2021 | -75.59% |
| Sep 30, 2021 | -14.38% |
| Jun 30, 2021 | -4.14% |
| Mar 31, 2021 | -4.79% |