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
DateValue
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%