Friday 6 November 2026
Export XPON’s income statement to Excel — free account
Expion Energy, Inc.
XPON Industrials Electrical Equipment & Parts
Expion Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.7 million, up 71.6% from fiscal 2024.
- Revenue
- −32.1%
- EPS
- +72.8%
- Free cash flow
- −270.3%
- Total debt
- −26.9%
Quarter to June 2026, against a year earlier
2.47
0.21
−7.84%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | 1 | 2 | 5 | 7 | 6 | 6 | 10 | 8 | +37.8% | — | — | — | — | |
| Gross margin, % | — | — | — | 35.07 | 19.28 | 36.43 | 31.95 | 26.34 | 20.54 | 13.86 | 15.44 | (21.2) pt | ||||||
| EBT | — | — | — | 0 | (1) | (5) | (8) | (7) | (13) | (6) | (7) | +77.2% | ||||||
| EBT margin, % | — | — | — | (14.24) | (55.64) | (104.30) | (105.34) | (124.61) | (239.67) | (64.60) | (82.32) | (50.4) pt | ||||||
| Net income | — | 0 | — | 0 | (1) | (5) | (8) | (7) | (13) | (6) | (7) | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | 0.22 | 785.85 | 1,882.29 | 1,404.47 | 1,049.32 | 105.34 | 21.02 | 8.61 | +113.9% | |||||
| Earnings | — | — | — | (0.03) | (432.82) | (1,956.78) | (1,476.59) | (1,296.52) | (252.46) | (13.56) | (7.48) | +177.0% | ||||||
| Cash flow | — | — | — | (0.02) | (561.30) | (1,623.67) | (1,072.27) | (970.39) | (179.07) | (13.39) | (7.48) | +198.3% | ||||||
| Capex | — | — | — | 0.00 | (18.40) | (47.37) | (101.12) | 2.91 | 2.12 | 0.01 | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | (0.02) | (579.70) | (1,671.04) | (1,173.39) | (967.47) | (176.95) | (13.38) | (7.48) | +198.3% | ||||||
| Book value | — | — | — | (0.08) | (689.85) | 940.21 | 2,275.88 | 938.54 | 47.16 | 14.24 | 5.06 | n/m | ||||||
| Shares, m | — | — | — | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | (35.6%) | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | 5.92 | 5.92 | 5.92 | 1.81 | 5.73 | 0.88 | 0.68 | 0.33 | 3.8 | ||||||
| P/B | — | — | — | 21.97 | 21.97 | 21.97 | 1.12 | 6.41 | 1.96 | 1.00 | 0.57 | 10.9 | ||||||
| EV/Sales | — | — | — | 6.20 | 6.20 | 6.20 | 0.99 | 5.26 | 0.82 | 0.39 | 0.16 | 3.7 | ||||||
| EV/FCF | — | — | — | (11.17) | (11.17) | (11.17) | (1.19) | (5.70) | (0.49) | (0.61) | (0.19) | (5.9) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | 0 | (1) | (4) | (5) | (6) | (10) | (6) | (7) | +92.1% | |||||
| Capex | — | — | — | 0 | 0 | 0 | (1) | 0 | 0 | 0 | 0 | n/m | ||||||
| Free cash flow | — | — | — | 0 | (1) | (4) | (6) | (6) | (9) | (6) | (7) | +92.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | 1 | 0 | 3 | 11 | 4 | 2 | 6 | 4 | +50.8% | |||||
| Net debt | — | — | — | 1 | 2 | 1 | (6) | (3) | 0 | (3) | (1) | n/m | ||||||
| Shareholders’ equity | — | — | — | (1) | (1) | 2 | 12 | 5 | 3 | 7 | 5 | n/m | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | (47.99) | (71.75) | (116.13) | (64.90) | (52.13) | (128.30) | (72.59) | (91.67) | (24.6) pt | |||||
| ROIC | — | — | — | 0.00 | (60.91) | (21.41) | (64.81) | (177.21) | (191.80) | (177.73) | (205.30) | (177.7) pt | ||||||
| ROE | — | — | — | 21.38 | 93.10 | (1,076.85) | (108.72) | (87.95) | (342.64) | (137.73) | (196.30) | (159.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | 21 | 25 | 23 | 20 | 22 | — | +1.2% | |||||
| Revenue/emp, $m | — | — | — | 0.00 | 0.00 | 0.22 | 0.29 | 0.26 | 0.28 | 0.44 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
Expion Energy, Inc. vs peers in Electrical Equipment & Parts (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| EPOW E-Power Inc. | $9.1M | — (loss-making) | 6.2× | +280.53% (above 0%: growing) | −216.67% (below 0%: shrinking) | −147.37% (below 0%: shrinking) | 2.99% | 0.00% | Compare |
| FLUX Flux Power Holdings, Inc. | $6.8M | — (loss-making) | — (loss-making) | −48.71% (below 0%: shrinking) | n/m | −58.54% (below 0%: shrinking) | 24.76% | (43.79%) | Compare |
| GWHT ESS Tech, Inc. | $6.3M | — (loss-making) | — (loss-making) | −96.90% (below 0%: shrinking) | n/m | +27.83% (above 0%: growing) | (10,165.75%) | (20,731.51%) | Compare |
| NXUR Nxu, Inc. | $6.1M | — (loss-making) | 27.1× | −75.00% (below 0%: shrinking) | n/m | +61.06% (above 0%: growing) | (2,100.00%) | (256,000.00%) | Compare |
| CCTG CCSC Technology International Holdings Limited | $3.8M | — | — | — | — | −99.66% (below 0%: shrinking) | — | — | Compare |
| DFLI Dragonfly Energy Holdings Corp. | $3.3M | — (loss-making) | — (loss-making) | −19.01% (below 0%: shrinking) | n/m | +47.29% (above 0%: growing) | 33.00% | (22.03%) | Compare |
| XPON Expion Energy, Inc. | $2.7M | — (loss-making) | — (loss-making) | −32.10% (below 0%: shrinking) | n/m | −270.31% (below 0%: shrinking) | 32.43% | (64.10%) | |
| POLA Polar Power, Inc. | $1.4M | — (loss-making) | — (loss-making) | −62.37% (below 0%: shrinking) | n/m | +104.95% (above 0%: growing) | (33.07%) | (163.98%) | Compare |
| ELPW Elong Power Holding Limited | $1.2M | — | — | — | n/m | +54.73% (above 0%: growing) | — | — | Compare |
| Median of peers | $4.9M | — | — | −55.54% | — | +37.56% | (15.04%) | (103.88%) |
Pay and ownership Proxy statement filed 18 September 2026
Ownership
Directors and executive officers, together
3.90%
Five Narrow Lane LP
9.99%
L1 Capital Global Opportunities Master Fund, Ltd.
9.99%
Palladium Holdings LLC
9.99%
Joseph Hammer (Former Chief Executive Officer and Chairman of the Board)
9.99%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement