InsiderClue
Stocks · Technology · Miscellaneous Electrical Machinery, Equipment & Supplies

Expion360 Inc.

XPON Clue Score59
United States Fiscal year ends December CIK 0001894954
$4.16 +3.23% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $4.16 −12.97% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 1 Apr 2022. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2021Revenue4.5Operating income−1.3Net income−4.7Fiscal year 2022Revenue7.2 +58.6%Operating income−6.0Net income−7.5Fiscal year 2023Revenue6.0 −16.5%Operating income−7.2Net income−7.5EPS, diluted−108.25Fiscal year 2024Revenue5.6 −6.0%Operating income−6.8Net income−13.5EPS, diluted−21.03Fiscal year 2025Revenue9.7 +71.6%Operating income−10.7Net income−6.2EPS, diluted−1.13
FY2021FY2022FY2023FY2024FY2025
Revenue 4.5 7.2 6.0 5.6 9.7
Growth +58.6% −16.5% −6.0% +71.6%
Operating income −1.3 −6.0 −7.2 −6.8 −10.7
Net income −4.7 −7.5 −7.5 −13.5 −6.2
Growth
EPS, diluted n/a n/a −108.25 −21.03 −1.13

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2021Gross margin36.4%Operating margin−28.0%Net margin−104.5%Free cash flow margin−88.8%Fiscal year 2022Gross margin31.9%Operating margin−83.1%Net margin−105.2%Free cash flow margin−84.3%Fiscal year 2023Gross margin26.3%Operating margin−119.9%Net margin−124.7%Free cash flow margin−92.8%Fiscal year 2024Gross margin20.5%Operating margin−120.1%Net margin−239.6%Fiscal year 2025Gross margin13.9%Operating margin−110.9%Net margin−64.6%
FY2021FY2022FY2023FY2024FY2025
Gross margin 36.4% 31.9% 26.3% 20.5% 13.9%
Operating margin −28.0% −83.1% −119.9% −120.1% −110.9%
Net margin −104.5% −105.2% −124.7% −239.6% −64.6%
Free cash flow margin −88.8% −84.3% −92.8% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2021Operating cash flow−3.9Capital expenditure−0.1Free cash flow−4.0Fiscal year 2022Operating cash flow−5.5Capital expenditure−0.6Free cash flow−6.0Fiscal year 2023Operating cash flow−5.5Capital expenditure−0.0Free cash flow−5.6Fiscal year 2024Operating cash flow−9.6Fiscal year 2025Operating cash flow−6.1
FY2021FY2022FY2023FY2024FY2025
Operating cash flow −3.9 −5.5 −5.5 −9.6 −6.1
Capital expenditure −0.1 −0.6 −0.0 n/a n/a
Free cash flow −4.0 −6.0 −5.6 n/a n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2021Cash0.8Total debt0.8Net cash (debt)−0.1Shareholders’ equity2.3Debt to equity0.37Fiscal year 2022Cash7.2Total debt0.5Net cash (debt)6.7Shareholders’ equity11.6Debt to equity0.04Fiscal year 2023Cash3.9Total debt0.3Net cash (debt)3.6Shareholders’ equity5.3Debt to equity0.07Fiscal year 2024Cash0.5Total debt0.2Net cash (debt)0.3Shareholders’ equity2.5Debt to equity0.09Fiscal year 2025Cash3.0Total debt0.2Net cash (debt)2.8Shareholders’ equity6.5Debt to equity0.03
FY2021FY2022FY2023FY2024FY2025
Cash 0.8 7.2 3.9 0.5 3.0
Total debt 0.8 0.5 0.3 0.2 0.2
Net cash (debt) −0.1 6.7 3.6 0.3 2.8
Shareholders’ equity 2.3 11.6 5.3 2.5 6.5
Debt to equity 0.37 0.04 0.07 0.09 0.03

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
36.4% 31.9% 26.3% 20.5% 13.9%
−28.0% −83.1% −119.9% −120.1% −110.9%
−104.3% −105.3% −124.6% −239.7% −64.6%
−104.5% −105.2% −124.7% −239.6% −64.6%
−88.8% −84.3% −92.8% n/a n/a
Spending
1.3% 3.8% 6.6% 5.2% 5.8%
64.4% 115.1% 146.2% 140.6% 124.8%
2.5% 7.9% 0.3% n/a n/a
Returns
−209.2% −64.9% −139.4% −535.3% −95.4%
−72.3% −45.1% −62.6% −148.0% −77.3%
Balance and payout
0.37 0.04 0.07 0.09 0.03
65.4% 30.5% 55.1% 72.3% 19.0%