Expion360 (XPON) Operating Margin (2021 - 2026)
Expion360's (XPON) quarterly Operating Margin came in at 113.1% in Q1 2026, down 5708.0% YoY from 2.02% in Q1 2025, and up 51.76% on a QoQ basis from 234.44% in Q4 2025.
Expion360 (XPON) Operating Margin (2021 - 2026) Analysis & Trends
Expion360 (XPON) has 6 years of Operating Margin data on file, last reported at 113.1% in Q1 2026.
- Quarterly Operating Margin fell 5708.0% year-over-year to 113.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 123.54% (down 3499.0% YoY) and the FY2025 annual result came in at 110.9%, up 918.0% from the prior year.
- Operating Margin advanced to 113.1% in Q1 2026, from 234.44% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 15.52% in Q1 2022 to a low of 253.46% in Q4 2023.
- A 5-year average of 117.32% and a median of 111.3% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin surged 19400 bps — and 2025, when it sank 17499 bps.
- Tracing XPON's Operating Margin over 5 years: stood at 101.6% in 2022, then slumped by 149 bps to 253.46% in 2023, then jumped by 77 bps to 59.45% in 2024, then tumbled by 294 bps to 234.44% in 2025, then surged 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.40 Bn | 97.29 Bn | 1.23 Bn | 19.48% |
| 2 | Bloom Energy | 56.96 Bn | 54.30 Bn | 355.57 Mn | 17.11% |
| 3 | Hubbell | 24.92 Bn | 24.52 Bn | 613.00 Mn | 20.36% |
| 4 | nVent Electric | 24.81 Bn | 24.55 Bn | 558.00 Mn | 20.44% |
| 5 | Advanced Energy Industries | 11.15 Bn | 9.73 Bn | 236.10 Mn | 16.57% |
| 6 | Acuity Inc. (De) | 10.35 Bn | 9.94 Bn | 606.40 Mn | 16.14% |
| 7 | Powell Industries | 7.27 Bn | 6.64 Bn | 95.30 Mn | 20.55% |
| 8 | EnerSys | 6.94 Bn | 6.41 Bn | 313.36 Mn | 16.18% |
| 9 | Plug Power | 3.21 Bn | 2.89 Bn | -1.68 Mn | -35.96% |
| 10 | Expion360 | 3.35 Mn | 1.81 Mn | 658,266.00 | -64.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -64.10% |
| Mar 31, 2026 | -113.10% |
| Dec 31, 2025 | -234.44% |
| Sep 30, 2025 | -125.45% |
| Jun 30, 2025 | -45.16% |
| Mar 31, 2025 | -56.01% |
| Dec 31, 2024 | -59.45% |
| 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% |