Expion360 Inc. (Nasdaq: XPON), a leader in lithium-ion battery power storage solutions, has released its select preliminary, unaudited financial results for the year ended December 31, 2025. The company has shown remarkable growth, with significant increases in revenue, gross profit, and a notable reduction in net loss compared to the previous year.

Key Financial Highlights

Expion360's preliminary financial results for 2025 reflect a robust performance:

Revenue: The company expects to report approximately $9.6 million in revenue for 2025, a substantial rise from $5.6 million in 2024.

Gross Profit: Gross profit is anticipated to be around $2.2 million, compared to $1.2 million in the prior year, indicating improved operational efficiency.

Net Loss: The preliminary net loss for 2025 is projected at approximately $6.2 million, a significant reduction from the $13.5 million loss reported in 2024.

Cash Balance: As of December 31, 2025, the company expects a cash balance of about $3.0 million, up from $0.5 million at the end of 2024.

2. Management Commentary

Joseph Hammer, Chief Executive Officer of Expion360, expressed optimism regarding the company's performance, attributing growth to a focused strategy on product sales and outreach to Original Equipment Manufacturers (OEMs). He stated, “With our focus on product sales growth and expanded outreach to OEMs, combined with a recovery in the RV market, we are targeting preliminary unaudited revenue of approximately $9.6 million in 2025, representing strong year-over-year growth in both the top and bottom lines.”

Hammer highlighted the company's commitment to enhancing gross margins and strengthening its balance sheet to facilitate key strategic milestones. Looking ahead to 2026, Expion360 plans to expand into the industrial and construction sectors and develop specialized energy storage solutions for surveillance and monitoring applications. The company anticipates rising demand for its innovative LiFePO4 batteries and accessories across a growing network of distribution partners and OEMs.

3. Future Outlook

Expion360's strategic initiatives and expanding product portfolio are expected to position the company for continued growth. The management's focus on diversifying applications for its lithium-ion batteries, along with enhancing technology, aims to unlock new revenue streams. As the company prepares for 2026, it remains optimistic about its growth trajectory and market opportunities.

4. Financial Information Disclaimer

It is important to note that the financial information provided in this press release is preliminary and unaudited. The figures are estimates based on information available as of the release date and may be subject to change. Final results will be reported in accordance with U.S. generally accepted accounting principles and will undergo year-end accounting procedures and adjustments.

5. About Expion360

Expion360 is recognized as an industry leader in premium lithium iron phosphate (LiFePO4) batteries and accessories, catering to recreational vehicles, marine applications, light electric vehicles, and industrial sectors. The company's lithium-ion batteries are designed to outperform traditional lead-acid batteries in weight, power, and lifespan, providing adventurers with reliable energy solutions for their explorations.

Headquartered in Redmond, Oregon, Expion360's products are available through over 300 dealers, wholesalers, private-label customers, and OEMs nationwide, reflecting the company's strong market presence.

For more information about Expion360 and its innovative battery solutions, visit their website.

6. Conclusion

Expion360 Inc.'s preliminary financial results for 2025 showcase the company's resilience and strategic growth in the highly competitive battery storage market. With a clear vision for the future and a solid foundation for expansion, Expion360 is poised to make significant strides in the coming years.

Original press release