Earnings summaries and quarterly performance for Expion360.
Research analysts covering Expion360.
Recent press releases and 8-K filings for XPON.
Expion360 Inc. Reports Preliminary Unaudited 2025 Financial Results
XPON
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Expion360 Inc. announced preliminary, unaudited financial results for the year ended December 31, 2025, with revenue expected to be approximately $9.6 million, a substantial increase from $5.6 million in 2024.
- The company anticipates a significant improvement in profitability, with a net loss of approximately $6.2 million in 2025, compared to a net loss of $13.5 million in 2024.
- Gross profit is also expected to increase to approximately $2.2 million in 2025 from $1.2 million in 2024.
- The cash balance as of December 31, 2025, is projected to be approximately $3.0 million, up from $0.5 million at the end of 2024.
Jan 28, 2026, 9:05 PM
Expion360 Inc. Reports 2025 Financial Recovery and Outlines 2026 Growth Strategy
XPON
Revenue Acceleration/Inflection
Management Change
New Projects/Investments
- Expion360 Inc. strengthened its leadership in 2025 with Joseph Hammer joining as CEO and Chairman in October and Shawna Bowin appointed as CFO earlier in the year, alongside efforts to improve its financial foundation.
- For the nine months ended September 30, 2025, net sales more than doubled to $7.4 million compared to the prior year, with gross profits reaching $1.7 million, and net cash used in operating activities decreased to $3.7 million.
- The company opportunistically strengthened its balance sheet in 2025, securing approximately $2.6 million from a registered direct offering, $6.5 million from warrant exercises, and $1.25 million from a private placement.
- Expion360 Inc. anticipates 2026 to be a milestone year, focusing on innovation, margin expansion, and disciplined growth across existing and new markets, including industrial, construction, and surveillance sectors, while also evaluating acquisitions and strategic partnerships.
Jan 13, 2026, 1:30 PM
Expion360 Details 2025 Financial Improvements and 2026 Outlook
XPON
Management Change
Revenue Acceleration/Inflection
Guidance Update
- Expion360 strengthened its leadership in 2025 with Joseph Hammer joining as CEO and Chairman in October and Shawna Bowin appointed CFO earlier in the year, while also improving its financial foundation.
- For the nine months ended September 30, 2025, net sales more than doubled to $7.4 million compared to the prior period, and gross profits reached $1.7 million. In Q3 2025, net sales increased 72% to $2.4 million, with gross margin nearly doubling to 23%.
- The company significantly strengthened its balance sheet in 2025, securing approximately $2.6 million in gross proceeds from a January offering, $6.5 million from August warrant exercises, and $1.25 million from an October private placement.
- Expion360 expects 2026 to be a milestone year, focusing on innovation, margin expansion, and disciplined growth, with plans to expand into industrial, construction, and surveillance sectors, and to evaluate acquisitions and strategic partnerships.
Jan 13, 2026, 1:00 PM
Expion360 Inc. Reports Strong Q3 2025 Financial Results and Announces Leadership Changes
XPON
Earnings
Management Change
Delisting/Listing Issues
- Expion360 Inc. reported net sales of $2.4 million for Q3 2025, a 72% increase from the same period in 2024. For the nine months ended September 30, 2025, net sales totaled $7.4 million, up 104% from the prior year period.
- The company achieved net income of $0.7 million in Q3 2025, marking a $9.5 million improvement from a net loss of $8.8 million in Q3 2024. The net loss for the first nine months of 2025 improved by $11.4 million to $1.8 million compared to the prior year period.
- As of September 30, 2025, Expion360's financial position showed cash and cash equivalents of $4.3 million , working capital of $8.5 million , and stockholders' equity of $9.0 million.
- Expion360 announced the appointment of Joseph Hammer as Chief Executive Officer and Chairman of the Board of Directors, and Shawna Bowin as Chief Financial Officer. The company also regained Nasdaq listing compliance as of September 17, 2025.
Nov 13, 2025, 8:45 PM
Expion360 Appoints Joseph Hammer as CEO and Chairman
XPON
CEO Change
Board Change
Management Change
- Expion360 Inc. has appointed Joseph Hammer as Chief Executive Officer and Chairman of the Board of Directors, effective October 16, 2025.
- Mr. Hammer succeeds Brian Schaffner as CEO and Paul Shoun as President and Chairman of the Board; Mr. Schaffner will remain a member of the Board of Directors.
- Joseph Hammer brings over 20 years of experience as a veteran financial executive and experienced Board director, having most recently served as Chief Investing Officer at LHX Corp..
- Expion360 is an industry leader in premium lithium iron phosphate (LiFePO4) batteries and accessories for recreational vehicles, marine applications, Light EV, and residential energy storage.
Oct 28, 2025, 12:31 PM
Expion360 Inc. announces leadership changes, private placement, and new director
XPON
CEO Change
Board Change
Executive Compensation
- Expion360 Inc. completed a private placement on October 16, 2025, raising approximately $1.1 million in net proceeds from the sale of 613,077 shares of common stock at $1.65 per share and pre-funded warrants for 144,498 shares at $1.6499 per share.
- The company announced significant leadership changes, with Brian Schaffner resigning as Chief Executive Officer and Paul Shoun resigning as President and Chairman of the Board on October 16, 2025.
- Joseph Hammer was appointed Chief Executive Officer and Chairman of the Board effective October 16, 2025.
- Former executives Brian Schaffner and Paul Shoun each received a severance package including 24 months of base salary and 100,000 immediately vested Restricted Stock Units.
- Scott Burell was appointed as an Independent Director to the Board and the Compensation Committee, effective October 16, 2025.
Oct 17, 2025, 8:11 PM
Quarterly earnings call transcripts for Expion360.
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