Xos, Inc. (XOS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 11.22M | 5.22M | 16.5M | 18.39M | 5.88M | 11.47M | 15.79M | 15.54M | 13.16M | 18.38M | 16.7M | 4.75M | 4.7M | 8.57M | 11.01M | 9.77M | 7.03M | 3.3M | 357K | 596K |
| Revenue Growth % | 90.93% | -54.51% | 4.5% | 18.4% | -55.33% | -37.56% | -5.43% | 226.78% | 180.22% | 114.4% | 51.67% | -51.32% | -33.2% | 159.57% | 2983.47% | 1538.59% | 786.63% | 250.16% | - | - |
| Cost of Goods Sold | 6.89M | 7.86M | 13.97M | 16.77M | 4.67M | 15.19M | 12.93M | 13.51M | 10.37M | 17.05M | 14.71M | 8.48M | 5.57M | 19.55M | 21.76M | 15.07M | 13.03M | 5.74M | 418K | 585K |
| COGS % of Revenue | 61.39% | 150.52% | 84.66% | 91.2% | 79.4% | 132.39% | 81.86% | 86.93% | 78.82% | 92.78% | 88.11% | 178.36% | 118.67% | 228.11% | 197.67% | 154.31% | 185.32% | 173.68% | 117.09% | 98.15% |
| Gross Profit | 4.33M | -2.64M | 2.53M | 1.62M | 1.21M | -3.72M | 2.86M | 2.03M | 2.79M | 1.33M | 1.99M | -3.73M | -877K | -10.98M | -10.75M | -5.3M | -6M | -2.43M | -61K | 11K |
| Gross Margin % | 38.61% | -50.52% | 15.34% | 8.8% | 20.6% | -32.4% | 18.14% | 13.07% | 21.18% | 7.22% | 11.89% | -78.36% | -18.67% | -128.11% | -97.67% | -54.31% | -85.32% | -73.68% | -17.09% | 1.85% |
| Gross Profit Growth % | 257.89% | 29.06% | -11.63% | -20.25% | -56.56% | -380.11% | 44.28% | 154.5% | 417.9% | 112.09% | 118.46% | 29.77% | 85.38% | -351.29% | -17524.59% | -48318.18% | -5057.85% | -1109.54% | - | - |
| Operating Expenses | 9.01M | 7.1M | 9.53M | 8.7M | 10.48M | 10.86M | 12.55M | 13.4M | 13.03M | 13.15M | 14.61M | 16.76M | 19.15M | 17.94M | 20.39M | 22.69M | 20.3M | 23.02M | 14.24M | 7.87M |
| OpEx % of Revenue | 80.28% | 136.05% | 57.73% | 47.3% | 178.26% | 94.61% | 79.51% | 86.24% | 99% | 71.59% | 87.51% | 352.5% | 407.75% | 209.36% | 185.21% | 232.32% | 288.71% | 697.09% | 3990.2% | 1319.63% |
| Selling, General & Admin | 6.98M | 5.22M | 7.42M | 6.61M | 8.55M | 8.92M | 9.94M | 10.4M | 9.96M | 9.01M | 10.09M | 11.58M | 13.4M | 11.76M | 11.81M | 15.05M | 13.35M | 10.44M | 8.94M | 5.12M |
| SG&A % of Revenue | 62.19% | 100% | 44.99% | 35.95% | 145.43% | 77.73% | 62.93% | 66.95% | 75.65% | 49.04% | 60.46% | 243.52% | 285.35% | 137.18% | 107.33% | 154.14% | 189.87% | 316.05% | 2505.04% | 859.56% |
| Research & Development | 2.03M | 1.88M | 2.1M | 2.09M | 1.93M | 1.94M | 2.62M | 3M | 3.07M | 4.14M | 4.52M | 5.18M | 5.75M | 6.19M | 8.57M | 7.63M | 6.95M | 13.21M | 5.3M | 2.74M |
| R&D % of Revenue | 18.08% | 36.05% | 12.73% | 11.35% | 32.83% | 16.87% | 16.59% | 19.3% | 23.36% | 22.55% | 27.05% | 108.98% | 122.4% | 72.17% | 77.88% | 78.18% | 98.83% | 400.06% | 1485.15% | 460.07% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -628K | 0 | 0 |
| Operating Income | -4.68M | -9.74M | -6.99M | -7.08M | -9.27M | -14.57M | -9.69M | -11.37M | -10.24M | -11.83M | -12.63M | -20.48M | -20.03M | -28.92M | -31.14M | -27.99M | -26.3M | -25.45M | -14.31M | -7.85M |
| Operating Margin % | -41.67% | -186.57% | -42.39% | -38.5% | -157.66% | -127% | -61.37% | -73.18% | -77.82% | -64.37% | -75.62% | -430.86% | -426.42% | -337.46% | -282.88% | -286.63% | -374.03% | -770.78% | -4007.28% | -1317.79% |
| Operating Income Growth % | 49.54% | 33.17% | 27.83% | 37.71% | 9.51% | -23.2% | 23.24% | 44.5% | 48.86% | 59.11% | 59.46% | 26.83% | 23.84% | -13.65% | -117.66% | -256.4% | -374.35% | -407.7% | - | - |
| EBITDA | -4.68M | -9.74M | -6.04M | -6.52M | -8.36M | -13.21M | -8.51M | -10.09M | -8.93M | -11.61M | -10.92M | -19.71M | -18.65M | -27.67M | -30.14M | -27.24M | -25.68M | -25.34M | -14.06M | -7.56M |
| EBITDA Margin % | -41.67% | -186.57% | -36.64% | -35.43% | -142.15% | -115.14% | -53.86% | -64.96% | -67.82% | -63.18% | -65.39% | -414.51% | -396.98% | -322.88% | -273.76% | -278.91% | -365.17% | -767.5% | -3937.82% | -1268.96% |
| EBITDA Growth % | 44.03% | 26.28% | 28.92% | 35.42% | 6.37% | -13.79% | 22.1% | 48.79% | 52.13% | 58.05% | 63.77% | 27.65% | 27.38% | -9.2% | -114.36% | -260.15% | -370.67% | -413.95% | - | - |
| D&A (Non-Cash Add-back) | 0 | 0 | 949K | 564K | 912K | 1.36M | 1.19M | 1.28M | 1.32M | 218K | 1.71M | 777K | 1.38M | 1.25M | 1M | 754K | 623K | 108K | 248K | 291K |
| EBIT | -4.68M | -9.74M | -6.99M | -7.08M | -9.67M | -14.57M | -9.69M | -11.37M | -10.24M | -11.83M | -12.63M | -20.48M | -20.03M | -28.92M | -31.14M | -27.99M | -26.3M | -65.19M | -14.31M | -7.85M |
| Net Interest Income | 0 | 0 | 0 | -500K | -500K | 286K | 0 | -500K | -500K | -1.6M | -1.5M | 100K | -4.3M | 0 | 0 | 0 | 0 | 0 | -65K | -5K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 286K | 0 | 0 | 0 | 0 | 0 | 3.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 500K | 500K | 0 | 0 | 500K | 500K | 1.6M | 1.5M | 3.3M | 4.3M | 0 | 0 | 0 | 0 | 0 | 65K | 5K |
| Other Income/Expense | -271K | -13K | 9.12M | -411K | -905K | -4.38M | -817K | 1.71M | -755K | -1.99M | -1.48M | -3.09M | -4.3M | 9.51M | 11.18M | 18.35M | 2.27M | 36.89M | 49.2M | -1.3M |
| Pretax Income | -4.95M | -9.75M | 2.12M | -7.49M | -10.17M | -18.96M | -10.51M | -9.66M | -11M | -13.81M | -14.1M | -23.58M | -24.33M | -19.41M | -19.96M | -9.64M | -24.03M | 11.44M | 34.9M | -9.16M |
| Pretax Margin % | -44.08% | -186.82% | 12.85% | -40.73% | -173.06% | -165.22% | -66.55% | -62.18% | -83.56% | -75.17% | -84.48% | -495.92% | -517.97% | -226.48% | -181.34% | -98.76% | -341.74% | 346.49% | 9774.79% | -1536.58% |
| Income Tax | 5K | 0 | -2K | 13K | 12K | 24K | 4K | 4K | 5K | 14K | 3K | 2K | 2K | 5K | 0 | 1K | 2K | 2K | 0 | 0 |
| Effective Tax Rate % | -0.1% | 0% | -0.09% | -0.17% | -0.12% | -0.13% | -0.04% | -0.04% | -0.05% | -0.1% | -0.02% | -0.01% | -0.01% | -0.03% | 0% | -0.01% | -0.01% | 0.02% | 0% | 0% |
| Net Income | -4.95M | -9.75M | 2.12M | -7.5M | -10.19M | -18.98M | -10.51M | -9.66M | -11M | -13.83M | -14.11M | -23.58M | -24.33M | -19.42M | -19.96M | -9.65M | -24.03M | 11.44M | 34.9M | -9.16M |
| Net Margin % | -44.12% | -186.82% | 12.87% | -40.8% | -173.26% | -165.43% | -66.57% | -62.2% | -83.6% | -75.24% | -84.49% | -495.96% | -518.01% | -226.54% | -181.34% | -98.77% | -341.77% | 346.43% | 9774.79% | -1536.58% |
| Net Income Growth % | 51.37% | 48.62% | 120.2% | 22.33% | 7.43% | -37.27% | 25.48% | 59.02% | 54.78% | 28.79% | 29.33% | -144.43% | -1.25% | -269.74% | -157.2% | -5.33% | -73.5% | 250% | - | - |
| Net Income (Continuing) | -4.95M | -9.75M | 2.12M | -7.5M | -10.19M | -18.98M | -10.51M | -9.66M | -11M | -13.83M | -14.11M | -23.58M | -24.33M | -19.42M | -19.96M | -9.65M | -24.03M | 11.44M | 34.9M | -9.16M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -0.43 | -0.86 | 0.22 | -0.91 | -1.26 | -2.36 | -1.32 | -1.23 | -1.80 | -2.33 | -2.40 | -4.14 | -4.32 | -3.51 | -2.65 | -1.72 | -3.90 | 2.06 | 9.00 | -3.80 |
| EPS Growth % | 65.87% | 63.56% | 116.67% | 26.02% | 30% | -1.29% | 45% | 70.29% | 58.33% | 33.62% | 9.43% | -140.7% | -10.77% | -270.39% | -129.44% | 54.74% | 32.06% | 164.58% | - | - |
| EPS (Basic) | -0.43 | -0.86 | 0.22 | -0.91 | -1.26 | -2.36 | -1.32 | -1.23 | -1.80 | -2.34 | -2.40 | -4.20 | -4.32 | -3.71 | -3.04 | -1.86 | -3.97 | 2.11 | 9.20 | -3.90 |
| Diluted Shares Outstanding | 11.57M | 11.35M | 9.75M | 8.29M | 8.08M | 8.03M | 7.98M | 7.86M | 6.11M | 5.93M | 5.88M | 5.7M | 5.63M | 5.6M | 5.8M | 5.62M | 5.44M | 3.52M | 3.79M | 2.41M |
| Basic Shares Outstanding | 11.57M | 11.35M | 9.69M | 8.29M | 8.08M | 8.03M | 7.98M | 7.86M | 6.11M | 5.9M | 5.88M | 5.61M | 5.63M | 5.31M | 5.04M | 5.19M | 5.34M | 3.52M | 3.79M | 2.35M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |