TLDR
- Expion360 stock jumped 87.02% in pre-market trading on August 14, 2025
- Company reported Q2 revenue of $3 million, up 134% from the same quarter last year
- This marks the sixth consecutive quarter of sales growth for the battery manufacturer
- The company regained Nasdaq compliance on August 13, 2025
- After-hours trading saw the stock rise from $1.31 to $2.13, a 62.6% increase
Expion360 stock surged 87.02% in pre-market trading on August 14, 2025. The Oregon-based battery manufacturer saw its share price jump from $1.31 to $2.13 during after-hours trading.
The price surge followed the release of strong second-quarter financial results. The company reported record quarterly revenue that exceeded market expectations.
Expion360 posted Q2 revenue of $3 million, representing a 134% increase from the second quarter of 2024. The revenue also grew 46% compared to the first quarter of 2025.
This performance marks the company’s sixth consecutive quarter of sales growth. CEO Brian Schaffner described the quarter as featuring “two of the most successful sales months in our history.”
The revenue increase came primarily from organic sales growth within Expion360’s existing customer base. The company serves dealers, distributors, OEMs, and private label clients.
First-half 2025 net sales totaled $5 million, up 124% from the first half of 2024. This demonstrates consistent momentum across multiple quarters.
Strong Revenue Growth Drives Market Response
The lithium iron phosphate battery manufacturer has been expanding its product offerings. Strong demand for new products and technologies contributed to the revenue surge.
The company has been working to expand existing product lines while launching new offerings. These efforts have improved the company’s financial health and market position.
Despite strong revenue performance, the company faced some margin pressure. Gross margins decreased from 24% in Q1 to 21% in Q2.
The margin decline was primarily due to tariff uncertainty and increased sales of lower-margin products. Pass-through product sales also affected overall margins.
Management has implemented mitigation strategies to address these challenges. The company added 6-12 months of inventory before new tariffs were introduced.
Expion360 has also transitioned certain products to U.S.-based manufacturers. These efforts have begun showing results, particularly for steel and aluminum accessories.
Nasdaq Compliance and Future Growth
The company achieved a key milestone by regaining Nasdaq compliance on August 13, 2025. This ensures continued listing on the Nasdaq Capital Market.
Expion360’s common stock closed above $1.00 per share for more than ten consecutive trading days. This satisfied the minimum bid price requirement.
The company is advancing its Home Energy Storage Solutions (HESS) products. One product has achieved UL9540 certification, with a second in final approval stages.
This certification is crucial for qualifying for tax credits in states like California. It opens new market opportunities in residential and small business sectors.
XPON’s value score stands at 83.03 according to Benzinga’s Edge Stock Rankings. The stock shows an upward price trend in both short and medium terms.
The company closed regular trading at $1.31, representing an 11.02% gain before extending those gains in after-hours trading.
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