Filing Flows › Expion Energy (XPON) › Q2 2026
Expion Energy (XPON) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Expion Energy (XPON) reported revenue of $2.0M for the second quarter 2026 (Q2 2026), -32% from a year earlier and +30% from the quarter before. Operating margin was -64.1%, net loss $1.3M (63.1% of revenue).
Expion Energy, Q2 2026: revenue $2.0M (-32% year over year), operating margin -64.1%, net loss $1.3M, operating cash flow −$1.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.0M | +30% | -32% |
| Operating profit | −$1.3M | — | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$1.5M | — | — |
What changed
Revenue was $2.0M in Q2 2026, down 32% year over year and up 30% from the previous quarter.
Gross margin was 32.4%, up 11.6 points from Q2 2025. Operating costs exceeded revenue by $1.3M, an operating margin of -64.1%. Operating expenses fell 1% while revenue fell 32%. The quarter ended with a net loss of $1.3M, narrower than the previous quarter's $1.8M loss.
Operating cash flow was −$1.5M. Non-cash charges added back $25K of depreciation and $52K of share-based compensation. Working capital and other items used $275K.
Questions
What was Expion Energy's revenue in the second quarter 2026?
Expion Energy (XPON) reported revenue of $2.0M for the second quarter 2026 (Q2 2026), -32% from a year earlier and +30% from the quarter before.
Was Expion Energy profitable in the second quarter 2026?
Operating loss was $1.3M (-64.1% of revenue) and net loss $1.3M.
Source: Expion Energy 10-Q on SEC EDGAR.