Expion360 (XPON) Tax Rate (2022 - 2026)
Expion360 (XPON) reported Tax Rate of 0.0% for Q1 2026, little changed on a YoY basis from 0.0% in Q1 2025, and down 76.94% quarter-over-quarter from 0.0% in Q4 2025.
Expion360 (XPON) Tax Rate (2022 - 2026) Analysis & Trends
Expion360 has reported Tax Rate for 5 years, with the latest figure at 0.0% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Mar 2026 stood at 0.0% (down 2.0% YoY), and the FY2025 full-year result was 0.0%, down 1.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.0%, down from 0.0% in the prior quarter.
- The five-year high for Tax Rate was 1.15% in Q4 2024, with the low at 0.09% in Q4 2023.
- Historically, Tax Rate has averaged 0.1% across 5 years, with a median of 0.0% in 2025.
- Annual changes were most pronounced in 2024 — Tax Rate soared 124 bps — and 2025, when it slumped 115 bps.
- Expion360's Tax Rate stood at 0.62% in 2022, then plunged by 114 bps to 0.09% in 2023, then surged by 1387 bps to 1.15% in 2024, then tumbled by 100 bps to 0.0% in 2025, then tumbled by 77 bps to 0.0% in 2026.
- The last three Tax Rate figures came in at 0.0% (Q1 2026), 0.0% (Q4 2025), and 0.01% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 11.00% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 0.54% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 20.63% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 22.59% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 3.86% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 25.73% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -0.15% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 21.24% |
| 10 | Expion360 | 4.99 Mn | 1.89 Mn | 396,076.00 | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.00% |
| Mar 31, 2026 | 0.00% |
| Dec 31, 2025 | 0.00% |
| Dec 31, 2025 | 0.00% |
| Sep 30, 2025 | 0.01% |
| Sep 30, 2025 | 0.01% |
| Jun 30, 2025 | 0.00% |
| Jun 30, 2025 | 0.00% |
| Mar 31, 2025 | 0.00% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | 1.15% |
| Dec 31, 2024 | 1.15% |
| Sep 30, 2024 | -0.01% |
| Sep 30, 2024 | -0.01% |
| Jun 30, 2024 | -0.02% |
| Jun 30, 2024 | -0.02% |
| Mar 31, 2024 | -0.02% |
| Mar 31, 2024 | -0.02% |
| Dec 31, 2023 | -0.09% |
| Dec 31, 2023 | -0.09% |