Expion360 Inc. (XPON) Form 8-K — Aug 7, 2026
Expion360 reported Q2 2026 net sales of $2.0 million, down 32% year over year but up 30% sequentially, as the company discontinued low-margin accessory resales and certain OEM customers worked down elevated battery inventory. Gross profit rose 6% to $0.7 million, with gross margin expanding to 32.4% from 20.8% in the prior-year period. Net loss narrowed 6% to $1.3 million, or $(1.34) per share, while first-half net sales fell 29% to $3.6 million. Cash and equivalents more than halved to $1.5 million from $3.0 million at year-end 2025, with $2.6 million of operating cash burned in the first half.
Key figures
- Revenue
- 2030065
- Revenue Yoy
- -32%
- Total Assets
- 6137103
- Cash Position
- 1540348
- Shares Outstanding
- 953192
- H1 sg a
- 4126520
- H1 gross margin
- 29.3%
- Q2 gross margin
- 32.4%
- Q2 gross profit
- 658266
- Working capital
- $4.4 million
- Cash dec 31 2025
- 2969096
- H1 net sales yoy
- -29%
- H1 2026 net sales
- 3595912
- Q2 2025 net sales
- 2989947
- Reverse split ratio
- 1:12
- Stockholders equity
- 4817447
- Q2 2025 gross margin
- 20.8%
- H1 cash used in operations
- 2607153
- Q2 sequential sales growth
- +30%
Price after filing
Close on the filing date to close N calendar days later (from $3.31). Historical, not a forecast.
AI analysis
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