Expion360 Inc. reported third‑quarter 2025 results that marked a dramatic turnaround from the prior year, with net sales climbing 72% to $2.4 million from $1.4 million in Q3 2024. The surge was driven by robust demand for the company’s lithium‑iron‑phosphate batteries in the recreational‑vehicle sector and the launch of new product features—SmartTalk Bluetooth and Vertical Heat Conduction—that have attracted early adopters in both OEM and home‑energy‑storage markets.
Gross profit rose to $0.5 million, lifting the gross‑margin to 23% from 12% in the same quarter a year earlier. The margin expansion reflects a favorable shift in product mix toward higher‑margin battery modules and improved cost control in raw‑material procurement, offsetting the higher cost of sales associated with scaling production. Net income flipped to $0.7 million, a turnaround from the $8.8 million loss reported in Q3 2024, underscoring the effectiveness of the company’s cost‑management program and the revenue‑growth momentum.
The earnings release also announced a leadership overhaul: Joseph Hammer, formerly a senior executive at a leading battery manufacturer, was named Chief Executive Officer and Chairman of the Board, while Shawna Bowin, the company’s former controller, was appointed Chief Financial Officer. Hammer’s appointment signals a strategic shift toward deeper OEM partnerships and expansion into home‑energy‑storage solutions, while Bowin’s financial stewardship is expected to support the company’s capital‑intensive growth initiatives.
Management highlighted that the company’s cash and cash equivalents stood at $4.3 million, working capital at $8.5 million, and shareholders’ equity at $9.0 million, providing a solid liquidity cushion as the firm ramps up production and invests in new technology. The company also regained Nasdaq listing compliance on September 17 2025, a milestone that restores access to capital markets and enhances investor confidence.
While the company did not provide forward guidance or analyst consensus estimates for Q3 2025, the year‑over‑year revenue growth and margin expansion suggest a positive trajectory. Management emphasized that the company is “steering into its next phase of expansion” and that the new leadership will focus on “adding OEM market penetration with new major partners, further developing home energy‑storage solutions, and introducing new battery features, technologies, and unique OEM‑centric form factors.”
No market‑reaction data or analyst commentary was available for the Q3 2025 release, so the article focuses on the company’s financial performance and strategic direction rather than stock‑price movements or analyst ratings.
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