Xos, Inc. (XOS) — Financial statements
Income statement, balance sheet, and cash flow for Xos, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 46↓17.8% | 56↑25.7% | 45↑22.4% | 36↑620.6% | 5 | |
| Cost of Revenue | 43↓16.8% | 52↑13.5% | 46↓31.0% | 66↑796.2% | 7 | |
| Gross Profit | 3↓31.3% | 4↑407.4% | -1↑95.7% | -30↓1171.3% | -2 | |
| Operating Expenses | ||||||
| R&D Expenses | 8↓24.7% | 11↓45.8% | 20↓36.1% | 31↑52.8% | 20 | |
| General & Administrative Expenses | 25↓29.3% | 35↓6.9% | 38↓8.3% | 41↑51.1% | 27 | |
| Selling & Marketing Expenses | 3↓27.1% | 4↓35.4% | 6↓33.1% | 10↑171.3% | 4 | |
| SG&A Expenses | 28↓29.1% | 39↓11.1% | 44↓12.9% | 51↑64.9% | 31 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 36↓28.2% | 50↓21.7% | 64↓21.7% | 81↑60.1% | 51 | |
| Total Costs & Expenses | 79↓22.3% | 102↓7.0% | 109↓25.9% | 148↑153.8% | 58 | |
| Operating Results | ||||||
| Operating Income | -33↑27.9% | -46↑29.4% | -65↑41.7% | -111↓109.5% | -53 | |
| Depreciation & Amortization | 0.00↓100.0% | 5↑5.4% | 5↑34.3% | 4↑393.3% | 0.74 | |
| EBITDA | -33↑18.8% | -41↑32.2% | -60↑44.2% | -108↓105.5% | -52 | |
| EBIT | -33↑27.9% | -46↑29.4% | -65↑41.7% | -111↓109.5% | -53 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -0.21↑97.6% | -9↓172.9% | -3↓8876.3% | 0.04 | |
| Interest Income | 0.00 | 0.00 | 0.00↓100.0% | 1↑3057.9% | 0.04 | |
| Interest Expense | 0.00↓100.0% | 0.21↓97.6% | 9↑100.7% | 5 | 0.00 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 8↑283.3% | -4↑60.9% | -11↓128.5% | 38↓50.3% | 77 | |
| Income Before Tax | -25↑49.5% | -50↑33.9% | -76↓3.4% | -73↓413.3% | 23 | |
| Income Tax Expense | 0.02↓37.8% | 0.04↑76.2% | 0.02↑162.5% | 0.01↑300.0% | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -25↑49.5% | -50↑33.9% | -76↓3.4% | -73↓413.3% | 23 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -25↑49.5% | -50↑33.9% | -76↓3.4% | -73↓413.3% | 23 | |
| Bottom-Line Net Income | -25↑49.5% | -50↑33.9% | -76↓3.4% | -73↓413.3% | 23 | |
| EPS (Basic) | -2.71↑59.5% | -6.69↑49.0% | -13.11↑1.6% | -13.32↓300.3% | 6.65 | |
| EPS (Diluted) | -2.71↑59.5% | -6.69↑49.0% | -13.11↑1.6% | -13.32↓301.8% | 6.60 | |
| Weighted Average Shares | 9↑24.8% | 8↑29.6% | 6↑5.1% | 6↑55.3% | 4 | |
| Weighted Average Diluted Shares | 9↑24.8% | 8↑29.6% | 6↓0.4% | 6↑61.8% | 4 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.