Expion360 Inc., based in Redmond, Oregon, specializes in the development, manufacturing, and distribution of cutting-edge lithium iron phosphate batteries. These power storage units are sold under the VPR 4EVER brand and cater to diverse sectors, including recreational vehicles, marine applications, golf carts, industrial machinery, residential energy systems, and remote off-grid installations. Beyond its primary battery offerings, the company also supplies an array of complementary products such as vital battery accessories, robust industrial tiedowns, sophisticated battery monitoring systems, terminal blocks, and bus bars. Expion360 is additionally engaged in the creation of its innovative e360 Home Energy Storage solutions. Serving a broad customer base that spans independent dealers, wholesale distributors, and original equipment manufacturers (OEMs), Expion360 operates both domestically within the United States and across international markets. The company was founded in 2016 and adopted its current name, Expion360 Inc., in November 2021, having previously been known as Yozamp Products Company, LLC.
Expion360 Reports Second Quarter 2026 Financial and Operational Results
Expion360 reported Q2 net sales of $2.0 million, down 32% year-over-year, citing discontinued low-margin accessories and elevated OEM inventory levels.
Despite the revenue decline, gross margin expanded significantly to 32.4% from 20.8% in the prior-year period, and the company expanded its OEM supply relationship with Forest River to include two additional brands.
Subsequent to the quarter, the company completed a 1-for-12 reverse stock split and regained compliance with Nasdaq minimum bid price requirements.