Xos Inc (XOS) FinancialsXOSXos Inc

Xos Inc (XOS) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Powertrains, accounting for 81.2% of total sales, equivalent to $9.12M. Other significant revenue streams include Stepvans & vehicle incentives and Fleet-as-a-Service. Understanding this composition is critical for investors evaluating how XOS navigates market cycles within the Auto & Truck Manufacturers industry.

Evaluating the bottom line, Xos Inc maintains a gross margin of 38.61%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at -41.67%, while the net margin is -44.12%. These profitability ratios, combined with a Return on Equity (ROE) of -90.08%, provide a clear picture of how effectively XOS converts its operational activities into shareholder value.

In the context of the broader market, XOS competes directly with industry leaders such as GGR and KNDI. With a market capitalization of $49.76M, it holds a significant position in the sector. When comparing efficiency, XOS's gross margin of 38.61% stands against GGR's 20.38% and KNDI's 42.65%. Such benchmarking helps identify whether Xos Inc is trading at a premium or discount relative to its financial performance.

Xos has shown fluctuating revenue, with Q1 2026 revenue at $11,225,000 and a gross margin of 38.61%, indicating potential for profitability as revenues stabilize. The company has also achieved positive free cash flow of $2.4 million in Q4 2025, marking three consecutive quarters of positive cash flow.