Xos financials
$2.81+7.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q2 '26 Jun 30 | Q1 '26 Mar 31 | Q4 '25 Dec 31 | Q3 '25 Sep 30 | Q2 '25 Jun 30 | Q1 '25 Mar 31 | Q4 '24 Dec 31 | Q3 '24 Sep 30 | Q2 '24 Jun 30 | Q1 '24 Mar 31 | Q4 '23 Dec 31 | Q3 '23 Sep 30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.7M | $11.2M | $5.2M | $16.5M | $18.4M | $5.9M | $11.5M | $15.8M | $15.5M | $13.2M | $18.4M | $16.7M |
| Gross profit | $573.0K | $4.3M | -$2.6M | $2.5M | $1.6M | $1.2M | -$3.7M | $2.9M | $2.0M | $2.8M | $1.3M | $2.0M |
| Gross margin | 12.1% | 38.6% | −50.5% | 15.3% | 8.9% | 20.6% | −32.4% | 18.1% | 13.1% | 21.2% | 7.2% | 11.9% |
| Operating income | -$7.9M | -$4.7M | -$9.7M | -$7.0M | -$7.1M | -$9.3M | -$14.6M | -$9.7M | -$11.4M | -$10.2M | -$11.8M | -$12.6M |
| Net income | -$6.9M | -$5.0M | -$9.8M | $2.1M | -$7.5M | -$10.2M | -$19.0M | -$10.5M | -$9.7M | -$11.0M | -$13.8M | -$14.1M |
| Net margin | −145.4% | −44.1% | −186.8% | 12.9% | −40.7% | −173.3% | −165.4% | −66.6% | −62.2% | −83.6% | −75.2% | −84.5% |
| Diluted EPS | $-0.55 | $-0.43 | $-0.86 | $0.22 | $-0.90 | $-1.26 | $-2.36 | $-1.32 | $-1.23 | $-1.80 | $-2.33 | $-2.40 |
| EBITDA | -$7.4M | -$4.1M | -$9.2M | -$6.5M | -$6.5M | -$8.8M | -$13.8M | -$8.9M | -$10.5M | -$9.3M | -$11.6M | -$10.9M |
| Operating cash flow | -$2.7M | -$1.6M | $2.4M | $3.1M | $4.6M | -$4.8M | $3.3M | -$11.5M | -$26.0M | -$14.6M | -$631.0K | -$8.6M |
| Free cash flow | -$2.7M | -$1.6M | $2.4M | $3.1M | $4.6M | -$4.8M | $3.3M | -$11.7M | -$26.1M | -$14.6M | -$852.0K | -$8.8M |
| Diluted shares | 12.6M | 11.6M | 11.3M | 9.8M | 8.3M | 8.1M | 8.0M | 8.0M | 7.9M | 6.1M | 5.9M | 5.9M |
Balance sheet
| Period end | Jun 30 | Mar 31 | Dec 31 | Sep 30 | Jun 30 | Mar 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $13.2M | $9.8M | $14.0M | $14.1M | $8.8M | $4.8M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $15.5M | $17.0M | $18.5M | $20.0M | $20.0M | $20.0M |
| Total assets | $54.4M | $54.4M | $60.4M | $73.8M | $80.3M | $87.7M |
| Total liabilities | $31.6M | $34.6M | $36.4M | $42.8M | $62.0M | $62.9M |
| Shareholders' equity | $22.9M | $19.8M | $24.0M | $31.1M | $18.3M | $24.8M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology