Expion360 (XPON) Tax Rate (2022 - 2026)
Expion360 posted quarterly Tax Rate of 0.0% for Q1 2026, little changed year-on-year from 0.0% in Q1 2025, and down 76.94% on a QoQ basis from 0.0% in Q4 2025.
Expion360 (XPON) has 5 years of Tax Rate data on file, last reported 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.
- Across five years, Tax Rate topped out at 1.15% in Q4 2024 and bottomed at 0.09% in Q4 2023.
- The 5-year median for Tax Rate is 0.0% (2025), against an average of 0.1%.
- The widest annual swing landed in 2024, when Tax Rate soared 124 bps; it then plunged 115 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 0.62% in 2022, then tumbled by 114 bps to 0.09% in 2023, then soared by 1387 bps to 1.15% in 2024, then slumped by 100 bps to 0.0% in 2025, then slumped 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 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 11.00 |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 0.54 |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 20.63 |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 22.59 |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 3.86 |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 25.73 |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 21.24 |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 22.01 |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -0.02 |
| 10 | Expion360 | 5.48 Mn | 2.38 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 |
| Sep 30, 2023 | -0.08 |
| Sep 30, 2023 | -0.08 |
| Jun 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Dec 31, 2022 | 0.62 |
| Dec 31, 2022 | 0.62 |
| Jun 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | -0.02 |
| Mar 31, 2022 | -0.02 |