Expion360 Regains Nasdaq Compliance, Reports 134% YoY Sales Growth in Q2 2025

Expion360 has regained Nasdaq compliance as of August 2025. The company reported a 134% YoY increase in net sales to $3.0 million, driven by strong demand for new products and technologies in the RV market. Despite financial challenges, Expion360 is focused on expanding distribution and advancing lithium-ion battery technology. The stock is rated Neutral by Spark's AI Analyst, with ongoing losses and high leverage impacting financial stability.

Expion360 Inc. (Nasdaq: XPON), a leading manufacturer of lithium iron phosphate battery storage solutions, reported its financial and operational results for the second quarter of 2025. The company experienced a 134% year-over-year (YoY) increase in net sales, reaching $3.0 million, driven by strong demand for new products and technologies in the RV market. This marks the sixth consecutive quarter of sales growth for Expion360.

Despite the robust sales performance, the company faced challenges, including a decline in gross margin to 21% from 24% in the previous quarter. This was attributed to tariff uncertainties and increased sales of lower-margin products. Expion360's operating cash burn improved by 52% in the first half of 2025 compared to the prior year, indicating progress toward cash flow breakeven.

A notable positive development was Expion360 regaining compliance with Nasdaq's minimum bid price requirement, removing an existential market risk. The company's Home Energy Storage Solutions (HESS) initiative also made strides, with one product achieving UL9540 certification, which is vital for tax credits in key markets like California.

Brian Schaffner, Chief Executive Officer and Interim Chief Financial Officer of Expion360, commented, "The second quarter of 2025 was highlighted by two of the most successful sales months in our history, providing exceptional sales growth and momentum. Net sales grew 134% year over year to $3.0 million, and sequentially for a sixth consecutive quarter on strong organic sales within our large customer base of dealers, distributors, OEMs, and private label clients."

The stock is currently rated Neutral by Spark's AI Analyst, with ongoing losses and high leverage impacting financial stability. Expion360 remains focused on expanding distribution and advancing its lithium-ion battery technology.

References:
[1] https://www.stocktitan.net/news/XPON/expion360-reports-second-quarter-2025-financial-and-operational-fsxdw4hdfh9b.html