vs

Side-by-side financial comparison of BT Brands, Inc. (BTBD) and Xos, Inc. (XOS). Click either name above to swap in a different company.

Xos, Inc. is the larger business by last-quarter revenue ($5.2M vs $3.9M, roughly 1.4× BT Brands, Inc.). BT Brands, Inc. runs the higher net margin — 23.7% vs -186.8%, a 210.6% gap on every dollar of revenue. On growth, BT Brands, Inc. posted the faster year-over-year revenue change (-11.4% vs -54.5%). Over the past eight quarters, BT Brands, Inc.'s revenue compounded faster (-1.8% CAGR vs -35.7%).

BT Group plc is a British multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is the largest provider of fixed-line, broadband and mobile services in the UK, and also provides subscription television and IT services.

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

BTBD vs XOS — Head-to-Head

Bigger by revenue
XOS
XOS
1.4× larger
XOS
$5.2M
$3.9M
BTBD
Growing faster (revenue YoY)
BTBD
BTBD
+43.1% gap
BTBD
-11.4%
-54.5%
XOS
Higher net margin
BTBD
BTBD
210.6% more per $
BTBD
23.7%
-186.8%
XOS
Faster 2-yr revenue CAGR
BTBD
BTBD
Annualised
BTBD
-1.8%
-35.7%
XOS

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BTBD
BTBD
XOS
XOS
Revenue
$3.9M
$5.2M
Net Profit
$915.0K
$-9.8M
Gross Margin
-50.5%
Operating Margin
19.1%
-186.6%
Net Margin
23.7%
-186.8%
Revenue YoY
-11.4%
-54.5%
Net Profit YoY
516.9%
48.6%
EPS (diluted)
$0.15
$-0.76

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BTBD
BTBD
XOS
XOS
Q4 25
$5.2M
Q3 25
$3.9M
$16.5M
Q2 25
$3.8M
$18.4M
Q1 25
$3.2M
$5.9M
Q4 24
$11.5M
Q3 24
$4.3M
$15.8M
Q2 24
$4.1M
$15.5M
Q1 24
$3.2M
$12.6M
Net Profit
BTBD
BTBD
XOS
XOS
Q4 25
$-9.8M
Q3 25
$915.0K
$2.1M
Q2 25
$55.0K
$-7.5M
Q1 25
$-329.8K
$-10.2M
Q4 24
$-19.0M
Q3 24
$-219.5K
$-10.5M
Q2 24
$-70.0K
$-9.7M
Q1 24
$-445.7K
$-11.0M
Gross Margin
BTBD
BTBD
XOS
XOS
Q4 25
-50.5%
Q3 25
15.3%
Q2 25
8.8%
Q1 25
20.6%
Q4 24
-32.4%
Q3 24
18.1%
Q2 24
13.1%
Q1 24
22.1%
Operating Margin
BTBD
BTBD
XOS
XOS
Q4 25
-186.6%
Q3 25
19.1%
-42.4%
Q2 25
-2.0%
-38.5%
Q1 25
-9.0%
-157.7%
Q4 24
-127.0%
Q3 24
-1.7%
-61.4%
Q2 24
-4.6%
-73.2%
Q1 24
-19.8%
-81.1%
Net Margin
BTBD
BTBD
XOS
XOS
Q4 25
-186.8%
Q3 25
23.7%
12.9%
Q2 25
1.5%
-40.8%
Q1 25
-10.2%
-173.3%
Q4 24
-165.4%
Q3 24
-5.0%
-66.6%
Q2 24
-1.7%
-62.2%
Q1 24
-14.0%
-87.1%
EPS (diluted)
BTBD
BTBD
XOS
XOS
Q4 25
$-0.76
Q3 25
$0.15
$0.22
Q2 25
$-0.91
Q1 25
$-1.26
Q4 24
$-2.34
Q3 24
$-0.04
$-1.32
Q2 24
$-1.23
Q1 24
$-1.80

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BTBD
BTBD
XOS
XOS
Cash + ST InvestmentsLiquidity on hand
$3.5M
$14.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$7.7M
$23.3M
Total Assets
$11.9M
$60.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BTBD
BTBD
XOS
XOS
Q4 25
$14.0M
Q3 25
$3.5M
$14.1M
Q2 25
$3.0M
$8.8M
Q1 25
$2.7M
$4.8M
Q4 24
$11.0M
Q3 24
$2.0M
$8.4M
Q2 24
$1.5M
$19.7M
Q1 24
$1.5M
$46.2M
Stockholders' Equity
BTBD
BTBD
XOS
XOS
Q4 25
$23.3M
Q3 25
$7.7M
$31.1M
Q2 25
$6.8M
$18.3M
Q1 25
$6.7M
$24.8M
Q4 24
$33.6M
Q3 24
$8.5M
$50.8M
Q2 24
$8.7M
$59.2M
Q1 24
$8.8M
$67.8M
Total Assets
BTBD
BTBD
XOS
XOS
Q4 25
$60.4M
Q3 25
$11.9M
$73.8M
Q2 25
$11.2M
$80.3M
Q1 25
$11.0M
$87.7M
Q4 24
$98.3M
Q3 24
$13.7M
$120.5M
Q2 24
$14.0M
$123.4M
Q1 24
$14.0M
$135.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BTBD
BTBD
XOS
XOS
Operating Cash FlowLast quarter
$325.2K
$2.4M
Free Cash FlowOCF − Capex
$261.8K
FCF MarginFCF / Revenue
6.8%
Capex IntensityCapex / Revenue
1.6%
0.0%
Cash ConversionOCF / Net Profit
0.36×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BTBD
BTBD
XOS
XOS
Q4 25
$2.4M
Q3 25
$325.2K
$3.1M
Q2 25
$384.4K
$4.6M
Q1 25
$-306.7K
$-4.8M
Q4 24
$3.3M
Q3 24
$129.3K
$-11.5M
Q2 24
$82.5K
$-26.0M
Q1 24
$-408.9K
$-14.6M
Free Cash Flow
BTBD
BTBD
XOS
XOS
Q4 25
Q3 25
$261.8K
Q2 25
Q1 25
$-431.1K
Q4 24
Q3 24
$50.4K
$-11.7M
Q2 24
$53.7K
$-26.1M
Q1 24
$-521.3K
$-14.6M
FCF Margin
BTBD
BTBD
XOS
XOS
Q4 25
Q3 25
6.8%
Q2 25
Q1 25
-13.3%
Q4 24
Q3 24
1.2%
-73.9%
Q2 24
1.3%
-168.1%
Q1 24
-16.3%
-115.7%
Capex Intensity
BTBD
BTBD
XOS
XOS
Q4 25
0.0%
Q3 25
1.6%
0.0%
Q2 25
0.0%
0.0%
Q1 25
3.8%
0.0%
Q4 24
0.0%
Q3 24
1.8%
0.9%
Q2 24
0.7%
0.8%
Q1 24
3.5%
0.2%
Cash Conversion
BTBD
BTBD
XOS
XOS
Q4 25
Q3 25
0.36×
1.45×
Q2 25
6.98×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons