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MARKETS / NASDAQ / XOS
NASDAQ · MOTOR VEHICLE PARTS & ACCESSORIES · SMALL CAP

Xos, Inc. XOS

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$46.0M
▼ 17.8% YoY
$-25.3M
$5.4M
In brief

What this company does

Xos offers a portfolio of power options, from flexible to fixed to fleet solutions, and its flagship technology replaces years of grid construction and the logistical headaches of diesel generators with a scalable platform to increase efficiency and decrease expense. Xos produces three complementary primary product lines: Xos Energy Solutions, which includes the Xos Hub mobile charging and energy storage platform, Xos Vehicles, which includes its Class 5 and Class 6 medium-duty electric commercial vehicles, and the Powered by Xos powertrain business. The Xos Hub is the proactive, movable power source delivering high-capacity output and high-speed charging in one, engineered for true mobility so the lightweight design can be deployed without a commercial driver's license. As of December 31, 2025, the company had 101 employees (including 99 full-time employees) and 34 contractors, up from 114 employees (including 109 full-time employees) and 16 contractors at the prior year-end.

Written from the business description in Xos, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 30 March 2026. Every sentence was checked against that document before publication.

Growth
USD 46.0M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 46.0 · Net income -25.3
20M40M-40M202020212022202320242025
Compound annual growth
+8.1%
+77.1%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +77.1% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−55 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -71.9% · Net -55.1%
200%400%-500%-1000%202020212022202320242025
ROE
FY2025 · ROE -89.0%
10%20%30%-50%-100%202020212022202320242025

Each USD of equity lost 89 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 5.4
-50M-100M202020212022202320242025
Net buybacks $ Dividends $
FY2021 · Dividends — · Net buybacks 0.0
-2500.0-5000.020202021

Total assetsUSD 60.4M
EquityUSD 23.3M
CashUSD 14.0M
Gross debtUSD 958,000.00
Net debtUSD -13.1M
Current ratio2.11×

The company holds more cash than debt.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.00.10.00.00.00.0
Operating income $B−0.0−0.0−0.1−0.1−0.1−0.0
EBITDA $B−0.0−0.0−0.1−0.1−0.1−0.0
Income tax $B0.00.00.00.00.00.0
Net income $B−0.0−0.1−0.1−0.10.0−0.0
Free cash flow $B0.0−0.0−0.0−0.1−0.1−0.0
EPS, diluted $−2.71−6.69−13.11−13.320.22−0.23
Dividend / sh $······
Payout %······
ROE %−89.0−127.3−96.4−51.231.8·
Shares out B0.010.010.010.010.160.07

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 30 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 65 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityMotor Vehicle Parts & Accessories
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2020

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