Login
Expion360 Inc logo

Expion360 Inc

expion360.com

What Do They Do?

Sells lithium iron phosphate batteries and accessories for recreational vehicles, boats and industrial applications to resellers, manufacturers and end consumers.

How Do They Make Money?

The company sells batteries and accessories to resellers, manufacturers and direct consumers, and is paid when goods ship or are delivered.

FY2025 revenue

Who Are Their Customers?

Dealers, wholesalers, private-label customers and original equipment manufacturers generally buy on purchase orders and resell to end consumers; Expion360 also sells directly to consumers.

Do Revenues Turn Into Profits?

No. It lost $6.2M in FY2025.

Operating income, FY2025
−111% of revenue
▲ +58% (Loss) vs FY2024 (−$6.8M, −120%)
Net income, FY2025
−65% of revenue
▼ −54% (Loss) vs FY2024 (−$13.5M, −240%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▼ −32%
vs $3M in Q2 FY2025
Net income
▼ −6% (Loss)
vs −$1.4M in Q2 FY2025
  • Aug 31, 2026 Appointed a new chief financial officer Robert Winspear was appointed CFO after Shawna Bowin gave notice of resignation.
  • Aug 24, 2026 Acquired oil and gas assets and appointed a new chief executive It entered the oil and gas sector, appointed Kevin Sellers as CEO, and changed its name to Expion Energy.

Growing. Revenue grew 2.1x in 4 years, from $4.5M in FY2021 to $9.7M in FY2025, about 21% a year.

Expansion beyond RV and marine The older report framed home energy storage and industrial applications as planned expansions; the latest says the company has expanded into home and industrial energy storage.

Who Do They Compete With?

Competes with Relion, Dragonfly Energy Holdings, Renogy, and Dakota Lithium

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support