Xos, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $46.0M | $56.0M | $44.5M | $36.4M | $5.0M |
| Gross profit | $2.7M | $4.0M | -$1.3M | -$30.0M | -$2.4M |
| Operating income | -$33.1M | -$45.9M | -$65.0M | -$111.3M | -$53.2M |
| Operating expenses | $35.8M | $49.8M | $63.7M | $81.3M | $50.8M |
| Cost of revenue | $43.3M | $52.0M | $45.8M | $66.4M | $7.4M |
| Cash from operations | $5.4M | -$48.8M | -$39.3M | -$128.0M | -$88.9M |
| Capital expenditure | $0 | $304,000 | $1.4M | $14.1M | $4.9M |
| Free cash flow | $5.4M | -$49.1M | -$40.7M | -$142.1M | -$93.8M |
| Share repurchases | — | — | — | — | $0 |
| Impairments | $800,000 | $4.2M | $0 | — | $0 |
| Total assets | $60.4M | $98.3M | $93.7M | $189.9M | $228.7M |
| Total liabilities | $37.1M | $64.7M | $48.5M | $77.9M | $54.3M |
Shares outstanding 12.1M · Free float 53.9%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.