Xos financials
$2.81+7.25%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 |
|---|---|---|---|---|---|
| Revenue | $46.0M | $56.0M | $44.5M | $36.4M | $5.0M |
| Gross profit | $2.7M | $4.0M | -$1.3M | -$30.0M | -$2.4M |
| Gross margin | 5.9% | 7.1% | −2.9% | −82.6% | −46.8% |
| Operating income | -$33.1M | -$45.9M | -$65.0M | -$111.3M | -$53.2M |
| Net income | -$25.3M | -$50.2M | -$75.8M | -$73.3M | $23.4M |
| Net margin | −55.1% | −89.6% | −170.3% | −201.6% | 463.6% |
| Diluted EPS | $-2.71 | $-6.69 | $-13.11 | $-13.32 | $6.60 |
| EBITDA | -$30.9M | -$42.5M | -$61.7M | -$109.3M | -$52.4M |
| Operating cash flow | $5.4M | -$48.8M | -$39.3M | -$128.0M | -$88.9M |
| Free cash flow | $5.4M | -$49.1M | -$40.7M | -$142.1M | -$93.8M |
| Diluted shares | 9.4M | 7.5M | 5.8M | 5.8M | 3.6M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|
| Cash & equivalents | $14.0M | $11.0M | $11.6M | $35.6M | $16.1M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $50.6M | $94.7M |
| Total debt | $18.5M | $20.0M | $19.9M | $46.7M | $0.00 |
| Total assets | $60.4M | $98.3M | $93.7M | $189.9M | $228.7M |
| Total liabilities | $36.4M | $64.7M | $48.5M | $77.9M | $54.3M |
| Shareholders' equity | $24.0M | $33.6M | $45.2M | $112.1M | $174.4M |
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