Expion Energy, Inc. income statement

In fiscal 2025, Expion Energy, Inc. reported revenue of $9.7m, up 71.6% on the year before, operating income of −$10.7m (a -110.9% margin) and net income of −$6.2m, or −$1.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Expion Energy, Inc.: income statement, annual
Fiscal year	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	5	7	6	6	10	8
Cost of revenue	3	5	4	4	8	7
Gross profit	2	2	2	1	1	1
Research and development	0	0	0	0	1	1
Selling, general and administrative	3	8	9	8	12	13
Operating income	−1	−6	−7	−7	−11	−11
Interest expense	1	2	0	−1	−0	−0
Income before tax	−5	−8	−7	−13	−6	−7
Income tax	0	−0	0	−0	0	0
Net income	−5	−8	−7	−13	−6	−7
Diluted EPS	—	—	−$108.25	−$21.03	−$1.13	—
Diluted shares (average)	—	—	—	—	6m	—
EBITDA	−1	−6	−7	−7	−11	−11

US$ thousands unless shown otherwise. Fiscal quarters.

Expion Energy, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	1,389	1,985	2,049	2,990	2,393	2,219	1,566	2,030
Cost of revenue	1,221	1,547	1,548	2,367	1,851	2,549	1,170	1,372
Gross profit	169	439	502	623	542	−329	396	658
Research and development	69	67	114	79	74	262	143	29
Selling, general and administrative	2,096	1,619	1,649	1,973	3,545	4,874	2,167	1,960
Operating income	−1,928	−1,180	−1,148	−1,350	−3,002	−5,203	−1,771	−1,301
Interest expense	−468	−5	−6	4	−4	−6	−6	3
Income before tax	−8,814	−255	−1,152	−1,369	723	−4,437	−1,762	−1,281
Income tax	0	−3	0	0	0	0	0	0
Net income	−8,815	−252	−1,152	−1,369	723	−4,437	−1,762	−1,281
Diluted EPS	−$294.60	$57.60	−$4.44	−$4.93	$1.20	−$0.70	−$2.04	−$1.34
EBITDA	−1,883	−1,146	−1,114	−1,319	−2,976	−5,178	−1,746	−1,276

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Expion Energy, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Expion Energy, Inc.