Expion360 reports preliminary Q1 revenue $3M, up 134% from prior year period

“The second quarter of 2025 marked another inflection point in our growth trajectory, and reflects a meaningful recovery of demand in the RV market, combined with expanded outreach to original equipment manufacturers and successful onboarding of new customers,” said Brian Schaffner, Chief Executive Officer and Interim Chief Financial Officer of Expion360 (XPON). “This performance was highlighted by two of the most successful sales months in our history, providing exceptional top-line momentum. Our strong quarterly performance reflected both sustained organic demand from our nationwide network of over 300 dealer and distributor partners, and increasing adoption of our newer battery models and related technologies. It underscores the tangible traction we’re seeing from investments in product innovation, and from our continued engagement with original equipment manufacturers. Importantly, we also improved cash efficiency, reducing net cash used in operating activities to less than 50% for the first half of 2025 as it was in the same period last year.”