Power storage solutions company Expion360 Inc. recently reported its financial and operational results for the fourth quarter and entirety of 2025.
Net sales for both the fourth quarter of 2025 and the entire year saw double-digit increases over 2024.
Net sales in the fourth quarter of 2025 totaled $2.2 million, an increase of 12% from $2 million in the previous year. Net sales for 2025 saw a 72% increase of $4.1 million.
The company said the increase is primarily attributed to the RV market recovering from a slowdown and enhanced sales efforts. Enhanced efforts include expanded outreach to OEM partners, strategic marketing initiatives and the successful onboarding of new customers.
Gross loss in the fourth quarter of 2025 totaled $0.3 million, which is down 25% when compared to gross profit of $0.4 million the previous year.
“This change is due to adjusting the value of obsolete inventory, which affected our cost of sales,” the company said. “Without that adjustment, gross profit for the fourth quarter of 2025 would have been $0.6 million and would have represented 26% of net sales, compared to 22% in the prior year period.”
Net sales for all of 2025 totaled $9.7 million, an increase of 72% from $5.6 million the previous year.
“The increase in net sales,” the company said, “was primarily attributable to the expansion of our customer base, increased sales to key customers and broader adoption of our lithium iron phosphate battery platforms across distribution and OEM channels.”
Gross profit for 2025 totaled $1.3 million, an increase of 16% compared to $1.2 million in 2024.
Gross margin as a percent of net sales decreased from 21% for 2024 to 14% for 2025.
Cash and cash equivalents totaled $3 million, compared to $0.5 million at the end of 2024.
Working capital was $6 million at the end of 2025 and stockholders’ equity totaled $6.5 million.
In 2025, Expion360 announced the upcoming release of three next-generation battery models, with commercial availability expected in the second half of 2026.
