Filing Flows › Expion Energy (XPON) › Q4 2025
Expion Energy (XPON) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 17, 2026
Expion Energy (XPON) reported revenue of $2.2M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -7% from the quarter before. Operating margin was -234.4%, net loss $4.4M (199.9% of revenue).
Expion Energy, Q4 2025: revenue $2.2M (+12% year over year), operating margin -234.4%, net loss $4.4M, operating cash flow −$2.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | -7% | +12% |
| Operating profit | −$5.2M | — | — |
| Net earnings | −$4.4M | -714% | — |
| Operating cash flow | −$2.4M | — | — |
What changed
Revenue was $2.2M in Q4 2025, up 12% year over year and down 7% from the previous quarter.
Operating costs exceeded revenue by $5.2M, an operating margin of -234.4%. The quarter ended with a net loss of $4.4M, after a profit of $723K the previous quarter.
Operating cash flow was −$2.4M. Non-cash charges added back $25K of depreciation and $712K of share-based compensation. Working capital and other items added $1.3M.
Questions
What was Expion Energy's revenue in the fourth quarter 2025?
Expion Energy (XPON) reported revenue of $2.2M for the fourth quarter 2025 (Q4 2025), +12% from a year earlier and -7% from the quarter before.
Was Expion Energy profitable in the fourth quarter 2025?
Operating loss was $5.2M (-234.4% of revenue) and net loss $4.4M.
Source: Expion Energy 10-K on SEC EDGAR.