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Xos, Inc.

Xos, Inc.XOSEarnings & Financial Report

Nasdaq · automotive industry

Xos, Inc. is an American manufacturer of commercial electric vehicles (EVs) and mobile EV chargers.

XOS Q3 2025 Key Financial Metrics

Revenue

$16.5M

Gross Profit

$2.5M

Operating Profit

$-7.0M

Net Profit

$2.1M

Gross Margin

15.3%

Operating Margin

-42.4%

Net Margin

12.9%

YoY Growth

4.5%

EPS

$0.22

Financial Flow

Xos, Inc. Q3 2025 Financial Summary

Xos, Inc. reported revenue of $16.5M for Q3 2025, with a net profit of $2.1M (12.9% margin). Cost of goods sold was $14.0M, operating expenses totaled $9.5M.

Key Financial Metrics

Total Revenue$16.5M
Net Profit$2.1M
Gross Margin15.3%
Operating Margin-42.4%
Report PeriodQ3 2025

Xos, Inc. Annual Revenue by Year

Xos, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $55.4M).

YearAnnual Revenue
2024$55.4M
2023$44.3M
2022$36.4M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$18.4M$12.6M$15.5M$15.8M$11.5M$5.9M$18.4M$16.5M
YoY Growth114.4%185.0%226.8%-5.4%-37.6%-53.5%18.4%4.5%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$93.7M$135.0M$123.4M$120.5M$98.3M$87.7M$80.3M$73.8M
Liabilities$48.5M$67.2M$64.2M$69.7M$64.7M$62.9M$62.0M$42.8M
Equity$45.2M$67.8M$59.2M$50.8M$33.6M$24.8M$18.3M$31.1M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-631000$-14.6M$-26.0M$-11.5M$3.3M$-4.8M$4.6M$3.1M