Expion Energy (XPON) Operating Margin (2021 - 2026)
Expion Energy's Operating Margin was -64.10% in Q2 2026, down 18.94 percentage points from -45.16% a year earlier but up 49.00 percentage points from the prior quarter.
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Analysis
Expion Energy (XPON) Operating Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Expion Energy's Operating Margin was -137.39% through Jun 30, 2026, down 70.76 percentage points year-over-year; for FY2025, it came in at -110.90%, up 9.18 percentage points from FY2024.
- Operating Margin shows a four-year change of -82.93 percentage points (FY2021 to FY2025).
- In earlier years, Operating Margin was -120.07% in FY2024 (-0.20 pp), -119.87% in FY2023 (-36.76 pp), -83.12% in FY2022 (-55.15 pp) and -27.97% in FY2021.
- Quarterly Operating Margin has moved between -253.46% (Q4 2023) and -14.38% (Q3 2021) over five years.
- Compared with a year earlier, Operating Margin has declined for three straight quarters, with an average year-over-year change of +18.29 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q4 2024 (a gain of 194.00 percentage points); the worst was Q4 2025 (a drop of 174.99 percentage points).
- Per Business Quant data, XPON's Operating Margin in the three quarters before Q2 2026 was -113.10% (Q1 2026), -234.44% (Q4 2025) and -125.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 256.40 Bn | 217.48 Bn | 2.36 Bn | 5.88% |
| 2 | Bloom Energy | 85.45 Bn | 77.27 Bn | 355.57 Mn | 17.11% |
| 3 | First Solar | 19.01 Bn | 9.97 Bn | 605.00 Mn | 42.64% |
| 4 | BWX Technologies | 12.64 Bn | 10.94 Bn | 202.31 Mn | 12.66% |
| 5 | Generac Holdings | 12.53 Bn | 11.36 Bn | 521.81 Mn | 17.93% |
| 6 | Nextpower | 12.03 Bn | 7.92 Bn | 335.85 Mn | 20.41% |
| 7 | EnerSys | 6.62 Bn | 4.81 Bn | 313.36 Mn | 16.18% |
| 8 | Enphase Energy | 4.21 Bn | -653.40 Mn | 175.01 Mn | 17.65% |
| 9 | Mirion Technologies | 3.51 Bn | 1.39 Bn | 133.10 Mn | 6.71% |
| 10 | Expion Energy | 4.34 Mn | -7.57 Mn | 658,266.00 | -64.10% |
Historic Data
Download Data
Historic 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% |
API Access
Expion Energy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=XPON&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "XPON", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=XPON&period=max&api_key=YOUR_API_KEY");
const data = await res.json();