Revenue: As of FY2026 Q1, the actual value is USD 1.566 M.

EPS: As of FY2026 Q1, the actual value is USD -0.17.

EBIT: As of FY2026 Q1, the actual value is USD -1.78 M.

Revenue

Net sales for Expion360 Inc. totaled $1,565,847 for the three months ended March 31, 2026, marking a 24% decrease compared to $2,049,331 for the same period in 2025.

Gross Profit

Gross profit for Expion360 Inc. was $396,076 for the three months ended March 31, 2026, representing a 21% decrease from $501,567 in the prior year period.

Gross Margin

Gross profit as a percentage of net sales increased to 25% in the first quarter of 2026, up from 24% in the prior year period.

Operating Costs

Selling, general, and administrative expenses increased by 31% to $2,166,985 in the first quarter of 2026, compared to $1,649,435 in the first quarter of 2025.

Net Income / Loss

Expion360 Inc. reported a net loss of - $1,762,168 for the first quarter of 2026, compared to a net loss of - $1,151,998 in the first quarter of 2025.

Cash Flow from Operations

Net cash used in operating activities for the three months ended March 31, 2026, decreased by 8% to - $1,127,808, from - $1,228,934 in the prior year period.

Cash and Cash Equivalents

Cash and cash equivalents totaled $3,056,538 as of March 31, 2026, an increase from $2,969,096 as of December 31, 2025.

Working Capital

Working capital was $5,600,000 as of March 31, 2026, a 7% decrease from $6,000,000 as of December 31, 2025.

Stockholders’ Equity

Stockholders’ equity totaled $6,000,000 as of March 31, 2026, decreasing by 7% from $6,500,000 as of December 31, 2025.

Operational Metrics and Business Developments

Expion360 Inc. entered into a strategic partnership for the DASGen Hybrid Energy Storage System, marking its entry into the industrial market. The company also announced the upcoming release of three next-generation battery models, with commercial availability expected in the second half of 2026. First-quarter sales were impacted by the strategic decision to discontinue resale of certain low-margin accessories and elevated battery inventory levels held by OEM customers.

Outlook / Guidance

Expion360 Inc. anticipates demand from OEM customers to normalize in the second quarter of 2026 and beyond as their inventories return to standard operating levels. The company expects commercial availability of three new next-generation lithium battery models for the industrial market in the second half of 2026. Management is focused on scaling technology, pursuing opportunities in construction and industrial sectors, continuing OEM market penetration, and expanding reach through new partnerships.