For the quarter ending 2025-09-30, XOS made $16,500K in revenue. $2,123K in net income. Net profit margin of 12.87%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Revenues | 16,500 | 18,393 | 5,879 | 12,318 |
| Cost of goods sold | 13,969 | 16,774 | 4,668 | 12,783 |
| Gross profit | 2,531 | 1,619 | 1,211 | -464 |
| General and administrative | 6,456 | 5,906 | 7,896 | 8,505 |
| Research and development | 2,101 | 2,087 | 1,930 | 2,505 |
| Sales and marketing | 968 | 707 | 654 | 933 |
| Total operating expenses | 9,525 | 8,700 | 10,480 | 11,943 |
| Loss from operations | -6,994 | -7,081 | -9,269 | -12,407 |
| Gain on operating lease termination | 9,394 | - | - | - |
| Other (expense) income, net | -240 | -405 | -851 | -2,698 |
| Change in fair value of derivative instruments | -39 | -6 | -54 | 127 |
| Change in fair value of earn-out shares liability | 0 | 0 | - | -1 |
| Income (loss) before provision for income taxes | 2,121 | -7,492 | -10,174 | -14,977 |
| Provision (benefit) for income taxes | -2 | 13 | 12 | 15 |
| Net income (loss) | 2,123 | -7,505 | -10,186 | -14,992 |
| Net and comprehensive income (loss) | 2,123 | -7,505 | -10,186 | -14,992 |
| Basic (in dollar per share) | 0.22 | -0.91 | -1.26 | -2.07 |
| Basic (in shares) | 9,688,000 | 8,287,000 | 8,076,000 | -4,174,000 |
| Diluted (in dollar per share) | 0.22 | -0.91 | -1.26 | -2.07 |
| Diluted (in shares) | 9,753,000 | 8,287,000 | 8,076,000 | -4,174,000 |
Xos, Inc. (XOS)
Xos, Inc. (XOS)