Expion360 Inc. reported second quarter 2026 financial results showing net sales of $2.0 million, a 32% decline from the prior year period but a 30% increase sequentially. Gross margin expanded to 32.4% from 20.8% in Q2 2025, driven by discontinuing low-margin accessory resales and disciplined pricing. The company reported a net loss of $1.3 million per share compared to $4.93 in the prior year period. Management highlighted an expanded supply relationship with Forest River for two additional motorized RV brands and noted the completion of a 1-for-12 reverse stock split on July 21, 2026, which allowed the company to regain compliance with Nasdaq listing requirements. The firm operates in the renewable energy storage sector, manufacturing lithium-ion battery power solutions for recreational vehicles, marine applications, and industrial use.
