Xos, Inc. (XOS) stock

XOSNasdaqMotor Vehicle Parts & AccessoriesFiscal year ends December 31

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 5/301% below fair value

$1.71−0.58 (-25.33%)

Close on Nov 13, 2026Market cap $24.31MP/E –Yield –

Xos gross margin

Gross margin is gross profit as a percentage of revenue.

Xos's gross margin for the twelve months ending Sep 30, 2026 was 11.4%. For fiscal 2025 it was 5.9%, against 7.1% the year before. The highest annual figure on record is 11.4% in fiscal 2020.

Annual gross margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	5.9%	−1.2
FY2024	Dec 31, 2024	7.1%	+10.0
FY2023	Dec 31, 2023	-2.9%	+79.7
FY2022	Dec 31, 2022	-82.6%	−35.8
FY2021	Dec 31, 2021	-46.8%	−58.2
FY2020	Dec 31, 2020	11.4%	–

Quarterly gross margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	15.3%	−0.1
Q2 FY2026	Jun 30, 2026	12.1%	+3.2
Q1 FY2026	Mar 31, 2026	38.6%	+18.0
Q4 FY2025	Dec 31, 2025	-51.7%	−19.3
Q3 FY2025	Sep 30, 2025	15.5%	−2.7
Q2 FY2025	Jun 30, 2025	8.9%	−4.2
Q1 FY2025	Mar 31, 2025	20.6%	−0.6
Q4 FY2024	Dec 31, 2024	-32.4%	−39.6
Q3 FY2024	Sep 30, 2024	18.1%	+6.2
Q2 FY2024	Jun 30, 2024	13.1%	+91.4
Q1 FY2024	Mar 31, 2024	21.2%	+39.9
Q4 FY2023	Dec 31, 2023	7.2%	+100.3
Q3 FY2023	Sep 30, 2023	11.9%	+109.6
Q2 FY2023	Jun 30, 2023	-78.4%	−24.0
Q1 FY2023	Mar 31, 2023	-18.7%	+66.7
Q4 FY2022	Dec 31, 2022	-93.0%	−19.4
Q3 FY2022	Sep 30, 2022	-97.7%	−80.6
Q2 FY2022	Jun 30, 2022	-54.3%	−56.2
Q1 FY2022	Mar 31, 2022	-85.3%	−100.6
Q4 FY2021	Dec 31, 2021	-73.7%	−99.2
Q3 FY2021	Sep 30, 2021	-17.1%	−13.9
Q2 FY2021	Jun 30, 2021	1.8%	–
Q1 FY2021	Mar 31, 2021	15.3%	–
Q4 FY2020	Dec 31, 2020	25.6%	–
Q3 FY2020	Sep 30, 2020	-3.2%	–