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Side-by-side financial comparison of REED'S, INC. (REED) and Xos, Inc. (XOS). Click either name above to swap in a different company.
REED'S, INC. is the larger business by last-quarter revenue ($7.5M vs $5.2M, roughly 1.4× Xos, Inc.). REED'S, INC. runs the higher net margin — -50.5% vs -186.8%, a 136.3% gap on every dollar of revenue. On growth, REED'S, INC. posted the faster year-over-year revenue change (-23.1% vs -54.5%). Over the past eight quarters, REED'S, INC.'s revenue compounded faster (-11.7% CAGR vs -35.7%).
Waddell & Reed Financial, Inc. was an American asset management and financial planning company founded in 1937 in Kansas City, Missouri. It was a publicly traded company from 1998 to 2021, and briefly had its headquarters in Overland Park, Kansas, and was planning a move back to Downtown Kansas City before the company was sold. It operated asset management and distribution subsidiaries, including Ivy Investment Management Company and Waddell & Reed Investment Management Company.
Xos, Inc. is an American manufacturer of commercial electric vehicles (EVs) and mobile EV chargers.
REED vs XOS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $7.5M | $5.2M |
| Net Profit | $-3.8M | $-9.8M |
| Gross Margin | 20.4% | -50.5% |
| Operating Margin | -46.9% | -186.6% |
| Net Margin | -50.5% | -186.8% |
| Revenue YoY | -23.1% | -54.5% |
| Net Profit YoY | 8.2% | 48.6% |
| EPS (diluted) | $-1.26 | $-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.
| Q4 25 | $7.5M | $5.2M | ||
| Q3 25 | $7.0M | $16.5M | ||
| Q2 25 | $9.5M | $18.4M | ||
| Q1 25 | $10.0M | $5.9M | ||
| Q4 24 | $9.7M | $11.5M | ||
| Q3 24 | $6.8M | $15.8M | ||
| Q2 24 | $11.9M | $15.5M | ||
| Q1 24 | $9.6M | $12.6M |
| Q4 25 | $-3.8M | $-9.8M | ||
| Q3 25 | $-4.0M | $2.1M | ||
| Q2 25 | $-6.0M | $-7.5M | ||
| Q1 25 | $-2.0M | $-10.2M | ||
| Q4 24 | $-4.1M | $-19.0M | ||
| Q3 24 | $-4.2M | $-10.5M | ||
| Q2 24 | $-3.2M | $-9.7M | ||
| Q1 24 | $-1.7M | $-11.0M |
| Q4 25 | 20.4% | -50.5% | ||
| Q3 25 | 17.4% | 15.3% | ||
| Q2 25 | 8.5% | 8.8% | ||
| Q1 25 | 33.9% | 20.6% | ||
| Q4 24 | 30.0% | -32.4% | ||
| Q3 24 | 18.0% | 18.1% | ||
| Q2 24 | 32.3% | 13.1% | ||
| Q1 24 | 35.6% | 22.1% |
| Q4 25 | -46.9% | -186.6% | ||
| Q3 25 | -58.3% | -42.4% | ||
| Q2 25 | -60.8% | -38.5% | ||
| Q1 25 | -17.4% | -157.7% | ||
| Q4 24 | -37.6% | -127.0% | ||
| Q3 24 | -46.5% | -61.4% | ||
| Q2 24 | -5.6% | -73.2% | ||
| Q1 24 | -6.8% | -81.1% |
| Q4 25 | -50.5% | -186.8% | ||
| Q3 25 | -56.6% | 12.9% | ||
| Q2 25 | -63.5% | -40.8% | ||
| Q1 25 | -20.3% | -173.3% | ||
| Q4 24 | -42.3% | -165.4% | ||
| Q3 24 | -61.5% | -66.6% | ||
| Q2 24 | -27.1% | -62.2% | ||
| Q1 24 | -17.4% | -87.1% |
| Q4 25 | $-1.26 | $-0.76 | ||
| Q3 25 | $-0.48 | $0.22 | ||
| Q2 25 | $-0.13 | $-0.91 | ||
| Q1 25 | $-0.04 | $-1.26 | ||
| Q4 24 | $-3.73 | $-2.34 | ||
| Q3 24 | $-4.91 | $-1.32 | ||
| Q2 24 | $-0.77 | $-1.23 | ||
| Q1 24 | $-0.40 | $-1.80 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $14.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $9.2M | $23.3M |
| Total Assets | $23.3M | $60.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $14.0M | ||
| Q3 25 | — | $14.1M | ||
| Q2 25 | — | $8.8M | ||
| Q1 25 | — | $4.8M | ||
| Q4 24 | — | $11.0M | ||
| Q3 24 | — | $8.4M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $46.2M |
| Q4 25 | $9.2M | $23.3M | ||
| Q3 25 | $2.8M | $31.1M | ||
| Q2 25 | $1.7M | $18.3M | ||
| Q1 25 | $4.7M | $24.8M | ||
| Q4 24 | $6.6M | $33.6M | ||
| Q3 24 | $-22.0M | $50.8M | ||
| Q2 24 | $-23.8M | $59.2M | ||
| Q1 24 | $-20.7M | $67.8M |
| Q4 25 | $23.3M | $60.4M | ||
| Q3 25 | $19.9M | $73.8M | ||
| Q2 25 | $23.7M | $80.3M | ||
| Q1 25 | $24.5M | $87.7M | ||
| Q4 24 | $25.1M | $98.3M | ||
| Q3 24 | $15.0M | $120.5M | ||
| Q2 24 | $18.7M | $123.4M | ||
| Q1 24 | $19.3M | $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 | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-3.8M | $2.4M |
| Free Cash FlowOCF − Capex | $-3.9M | — |
| FCF MarginFCF / Revenue | -52.0% | — |
| Capex IntensityCapex / Revenue | 1.1% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-17.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-3.8M | $2.4M | ||
| Q3 25 | $-2.8M | $3.1M | ||
| Q2 25 | $-5.0M | $4.6M | ||
| Q1 25 | $-5.4M | $-4.8M | ||
| Q4 24 | $-3.9M | $3.3M | ||
| Q3 24 | $1.1M | $-11.5M | ||
| Q2 24 | $-912.0K | $-26.0M | ||
| Q1 24 | $-2.4M | $-14.6M |
| Q4 25 | $-3.9M | — | ||
| Q3 25 | $-2.9M | — | ||
| Q2 25 | $-5.1M | — | ||
| Q1 25 | $-5.4M | — | ||
| Q4 24 | $-4.0M | — | ||
| Q3 24 | $1.0M | $-11.7M | ||
| Q2 24 | $-924.0K | $-26.1M | ||
| Q1 24 | $-2.4M | $-14.6M |
| Q4 25 | -52.0% | — | ||
| Q3 25 | -41.5% | — | ||
| Q2 25 | -53.2% | — | ||
| Q1 25 | -54.2% | — | ||
| Q4 24 | -40.8% | — | ||
| Q3 24 | 15.3% | -73.9% | ||
| Q2 24 | -7.8% | -168.1% | ||
| Q1 24 | -25.1% | -115.7% |
| Q4 25 | 1.1% | 0.0% | ||
| Q3 25 | 1.4% | 0.0% | ||
| Q2 25 | 0.2% | 0.0% | ||
| Q1 25 | 0.7% | 0.0% | ||
| Q4 24 | 1.0% | 0.0% | ||
| Q3 24 | 0.3% | 0.9% | ||
| Q2 24 | 0.1% | 0.8% | ||
| Q1 24 | 0.2% | 0.2% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.45× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.