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Side-by-side financial comparison of RAVE RESTAURANT GROUP, INC. (RAVE) 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 $3.0M, roughly 1.7× RAVE RESTAURANT GROUP, INC.). RAVE RESTAURANT GROUP, INC. runs the higher net margin — 20.9% vs -186.8%, a 207.8% gap on every dollar of revenue. On growth, RAVE RESTAURANT GROUP, INC. posted the faster year-over-year revenue change (6.0% vs -54.5%). Over the past eight quarters, RAVE RESTAURANT GROUP, INC.'s revenue compounded faster (1.3% CAGR vs -35.7%).

RAVE Restaurant Group, Inc. is a U.S.-headquartered restaurant franchising and operation enterprise, owning well-known casual dining brands including Pizza Inn and Pie Five Pizza. It offers pizza, pasta, salads and supporting menu items, primarily operates in the North American market with both company-owned and franchised outlets, targeting consumers looking for affordable, family-friendly casual meal options.

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

RAVE vs XOS — Head-to-Head

Bigger by revenue
XOS
XOS
1.7× larger
XOS
$5.2M
$3.0M
RAVE
Growing faster (revenue YoY)
RAVE
RAVE
+60.5% gap
RAVE
6.0%
-54.5%
XOS
Higher net margin
RAVE
RAVE
207.8% more per $
RAVE
20.9%
-186.8%
XOS
Faster 2-yr revenue CAGR
RAVE
RAVE
Annualised
RAVE
1.3%
-35.7%
XOS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
RAVE
RAVE
XOS
XOS
Revenue
$3.0M
$5.2M
Net Profit
$637.0K
$-9.8M
Gross Margin
-50.5%
Operating Margin
24.4%
-186.6%
Net Margin
20.9%
-186.8%
Revenue YoY
6.0%
-54.5%
Net Profit YoY
4.9%
48.6%
EPS (diluted)
$0.04
$-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
RAVE
RAVE
XOS
XOS
Q4 25
$3.0M
$5.2M
Q3 25
$3.2M
$16.5M
Q2 25
$3.2M
$18.4M
Q1 25
$3.0M
$5.9M
Q4 24
$2.9M
$11.5M
Q3 24
$3.0M
$15.8M
Q2 24
$3.4M
$15.5M
Q1 24
$3.0M
$12.6M
Net Profit
RAVE
RAVE
XOS
XOS
Q4 25
$637.0K
$-9.8M
Q3 25
$645.0K
$2.1M
Q2 25
$847.0K
$-7.5M
Q1 25
$722.0K
$-10.2M
Q4 24
$607.0K
$-19.0M
Q3 24
$526.0K
$-10.5M
Q2 24
$880.0K
$-9.7M
Q1 24
$654.0K
$-11.0M
Gross Margin
RAVE
RAVE
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
RAVE
RAVE
XOS
XOS
Q4 25
24.4%
-186.6%
Q3 25
23.4%
-42.4%
Q2 25
38.8%
-38.5%
Q1 25
32.0%
-157.7%
Q4 24
23.1%
-127.0%
Q3 24
20.0%
-61.4%
Q2 24
35.2%
-73.2%
Q1 24
28.8%
-81.1%
Net Margin
RAVE
RAVE
XOS
XOS
Q4 25
20.9%
-186.8%
Q3 25
20.1%
12.9%
Q2 25
26.9%
-40.8%
Q1 25
24.3%
-173.3%
Q4 24
21.2%
-165.4%
Q3 24
17.2%
-66.6%
Q2 24
26.2%
-62.2%
Q1 24
22.1%
-87.1%
EPS (diluted)
RAVE
RAVE
XOS
XOS
Q4 25
$0.04
$-0.76
Q3 25
$0.05
$0.22
Q2 25
$0.06
$-0.91
Q1 25
$0.05
$-1.26
Q4 24
$0.04
$-2.34
Q3 24
$0.04
$-1.32
Q2 24
$0.06
$-1.23
Q1 24
$0.04
$-1.80

Balance Sheet & Financial Strength

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

Metric
RAVE
RAVE
XOS
XOS
Cash + ST InvestmentsLiquidity on hand
$10.9M
$14.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$15.5M
$23.3M
Total Assets
$17.5M
$60.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RAVE
RAVE
XOS
XOS
Q4 25
$10.9M
$14.0M
Q3 25
$10.6M
$14.1M
Q2 25
$9.9M
$8.8M
Q1 25
$8.7M
$4.8M
Q4 24
$8.9M
$11.0M
Q3 24
$8.4M
$8.4M
Q2 24
$7.8M
$19.7M
Q1 24
$6.3M
$46.2M
Stockholders' Equity
RAVE
RAVE
XOS
XOS
Q4 25
$15.5M
$23.3M
Q3 25
$14.8M
$31.1M
Q2 25
$14.2M
$18.3M
Q1 25
$13.3M
$24.8M
Q4 24
$13.8M
$33.6M
Q3 24
$13.3M
$50.8M
Q2 24
$12.7M
$59.2M
Q1 24
$11.8M
$67.8M
Total Assets
RAVE
RAVE
XOS
XOS
Q4 25
$17.5M
$60.4M
Q3 25
$17.0M
$73.8M
Q2 25
$16.6M
$80.3M
Q1 25
$15.7M
$87.7M
Q4 24
$16.1M
$98.3M
Q3 24
$16.3M
$120.5M
Q2 24
$15.8M
$123.4M
Q1 24
$15.0M
$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
RAVE
RAVE
XOS
XOS
Operating Cash FlowLast quarter
$306.0K
$2.4M
Free Cash FlowOCF − Capex
$297.0K
FCF MarginFCF / Revenue
9.8%
Capex IntensityCapex / Revenue
0.3%
0.0%
Cash ConversionOCF / Net Profit
0.48×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RAVE
RAVE
XOS
XOS
Q4 25
$306.0K
$2.4M
Q3 25
$608.0K
$3.1M
Q2 25
$1.2M
$4.6M
Q1 25
$927.0K
$-4.8M
Q4 24
$711.0K
$3.3M
Q3 24
$530.0K
$-11.5M
Q2 24
$1.5M
$-26.0M
Q1 24
$1.0M
$-14.6M
Free Cash Flow
RAVE
RAVE
XOS
XOS
Q4 25
$297.0K
Q3 25
$600.0K
Q2 25
$1.2M
Q1 25
Q4 24
$667.0K
Q3 24
$-11.7M
Q2 24
$1.5M
$-26.1M
Q1 24
$996.0K
$-14.6M
FCF Margin
RAVE
RAVE
XOS
XOS
Q4 25
9.8%
Q3 25
18.7%
Q2 25
38.5%
Q1 25
Q4 24
23.2%
Q3 24
-73.9%
Q2 24
44.9%
-168.1%
Q1 24
33.6%
-115.7%
Capex Intensity
RAVE
RAVE
XOS
XOS
Q4 25
0.3%
0.0%
Q3 25
0.2%
0.0%
Q2 25
0.4%
0.0%
Q1 25
0.0%
0.0%
Q4 24
1.5%
0.0%
Q3 24
0.0%
0.9%
Q2 24
0.2%
0.8%
Q1 24
1.0%
0.2%
Cash Conversion
RAVE
RAVE
XOS
XOS
Q4 25
0.48×
Q3 25
0.94×
1.45×
Q2 25
1.45×
Q1 25
1.28×
Q4 24
1.17×
Q3 24
1.01×
Q2 24
1.72×
Q1 24
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RAVE
RAVE

Pizza Inn Franchising$2.8M92%
Other$235.0K8%

XOS
XOS

Segment breakdown not available.

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