Filing Flows › Expion Energy (XPON) › Q1 2025
Expion Energy (XPON) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Expion Energy (XPON) reported revenue of $2.0M for the first quarter 2025 (Q1 2025), +111% from a year earlier and +3% from the quarter before. Operating margin was -56.0%, net loss $1.2M (56.2% of revenue).
Expion Energy, Q1 2025: revenue $2.0M (+111% year over year), operating margin -56.0%, net loss $1.2M, operating cash flow −$1.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +3% | +111% |
| Operating profit | −$1.1M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$1.2M | — | — |
What changed
Revenue was $2.0M in Q1 2025, up 111% year over year and up 3% from the previous quarter.
Gross margin was 24.5%, up 1.6 points from a year earlier. Operating costs exceeded revenue by $1.1M, an operating margin of -56.0%. Operating expenses fell 25% while revenue rose 111%. The quarter ended with a net loss of $1.2M, wider than the previous quarter's $252K loss.
Operating cash flow was −$1.2M. Non-cash charges added back $34K of depreciation and $51K of share-based compensation. Working capital and other items used $162K.
Questions
What was Expion Energy's revenue in the first quarter 2025?
Expion Energy (XPON) reported revenue of $2.0M for the first quarter 2025 (Q1 2025), +111% from a year earlier and +3% from the quarter before.
Was Expion Energy profitable in the first quarter 2025?
Operating loss was $1.1M (-56.0% of revenue) and net loss $1.2M.
Source: Expion Energy 10-Q on SEC EDGAR.