Expion360 Inc. (NASDAQ:XPON) shares rose 41.97% in after-hours trading on Wednesday to $1.28, after the lithium battery manufacturer announced preliminary, unaudited financial results for the year ended December 31, 2025.
According to Benzinga Pro data, XPON closed the regular session at $0.90, up 5.33%.
Revenue Nearly Doubles Year-Over-Year
Expion360 reported year-over-year improvements across key financial metrics:
| Metric | 2025 (Preliminary Unaudited) | 2024 | Change |
|---|---|---|---|
| Revenue | $9.6 million | $5.6 million | Up $4.0 million |
| Gross Profit | $2.2 million | $1.2 million | Up $1.0 million |
| Cash Balance | $3.0 million | $0.5 million | Up $2.5 million |
The company also noted that the preliminary unaudited net loss is expected to be approximately $6.2 million, compared to a net loss of $13.5 million in 2024.
Expansion Plans for 2026
Joseph Hammer, Chief Executive Officer of Expion360, said, “We continue to make progress in our growth strategy, …