For the quarter ending 2026-03-31, XOS made $11,225K in revenue. -$4,953K in net income. Net profit margin of -44.12%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenues | 11,225 | 5,220 | 16,500 | 18,393 |
| Cost of goods sold | 6,891 | 7,857 | 13,969 | 16,774 |
| Gross profit | 4,334 | -2,637 | 2,531 | 1,619 |
| General and administrative | 6,065 | 4,539 | 6,456 | 5,906 |
| Research and development | 2,030 | 1,882 | 2,101 | 2,087 |
| Sales and marketing | 916 | 681 | 968 | 707 |
| Total operating expenses | 9,011 | 7,102 | 9,525 | 8,700 |
| Loss from operations | -4,677 | -9,739 | -6,994 | -7,081 |
| Change in fair value of earn-out shares liability | - | 0* | 0 | 0 |
| Loss on operating lease termination | - | 481* | 9,394 | - |
| Other expense, net | -280 | -641 | -240 | -405 |
| Change in fair value of derivative instruments | 9 | 147 | -39 | -6 |
| Loss before provision for income taxes | -4,948 | -9,752 | 2,121 | -7,492 |
| Provision for income taxes | 5 | 0 | -2 | 13 |
| Net loss | -4,953 | -9,752 | 2,123 | -7,505 |
| Net and comprehensive income (loss) | - | - | 2,123 | -7,505 |
| Basic EPS | -0.43 | -0.856 | 0.22 | -0.91 |
| Diluted EPS | -0.43 | -0.861 | 0.22 | -0.91 |
| Basic Average Shares | 11,572,000 | 11,389,000 | 9,688,000 | 8,287,000 |
| Diluted Average Shares | 11,572,000 | 11,324,000 | 9,753,000 | 8,287,000 |
Xos, Inc. (XOS)
Xos, Inc. (XOS)