Xos (XOS) Company Report

Xos, Inc. (NASDAQ: XOS) has launched its 2026 model year Xos Class 6 strip chassis with a starting price of $99,000, establishing a new benchmark for commercial fleet electrification.
The company emphasizes its market leadership, having more US-deployed vehicles than any competitor in its segment, with over 1,000 vehicles and powertrains manufactured in its Tennessee factory and serving blue-chip customers such as UPS, FedEx, Cintas, and Loomis.
Key specifications for the 2026 Class 6 Platform include a 23,000 lb GVWR, an optimized range of approximately 120 miles (up to 200 miles for the extended variant), an LFP battery system designed for 4,000+ cycle durability, and a minimum 3-year warranty.

3 days ago

Xos Reports Q3 2025 Financial Results and Reaffirms Full-Year Guidance

XOS

Earnings

Guidance Update

New Projects/Investments

Xos reported Q3 2025 revenue of $16.5 million on 130 recognized unit deliveries, with 140 units shipped in total.
The company achieved a GAAP gross margin of 15.3% and a non-GAAP gross margin of 16% in Q3 2025, marking its ninth consecutive quarter of positive non-GAAP gross margin.
Xos recorded its lowest operating loss since going public at $7 million (GAAP) and $4.8 million (non-GAAP) for Q3 2025, ending the quarter with $14.1 million in cash and cash equivalents and $3.1 million in positive free cash flow.
Operationally, Xos delivered 18 powertrain systems to Bluebird Corporation in Q3 2025 and received nearly 80 additional powertrain orders since quarter-end, while also expanding Xos Hub deployments.
The company reaffirmed its full-year 2025 guidance for revenue between $50.2 million and $65.8 million, non-GAAP operating loss between $24.4 million and $26.9 million, and unit deliveries between 320 and 420 units.

Nov 13, 2025, 9:30 PM

Xos, Inc. Reports Q3 2025 Financial Results

XOS

Earnings

Guidance Update

Debt Issuance

Xos, Inc. reported revenue of $16.5 million and delivered 130 units for the third quarter ended September 30, 2025.
The company achieved a 15.3% Gross Margin and recorded its second consecutive quarter of positive free cash flow of $3.1 million.
Operating expenses decreased by 24% year-over-year, resulting in a GAAP operating loss of $7.0 million and a non-GAAP operating loss of $4.8 million for Q3 2025.
Xos ended the quarter with $14.1 million in cash and cash equivalents and maintained its 2025 outlook for revenue, non-GAAP operating loss, and unit deliveries.

Nov 13, 2025, 9:11 PM

Xos, Inc. Announces Lease Termination and Equity Issuance

XOS

New Projects/Investments

Xos, Inc. entered into an agreement on August 21, 2025, to terminate the lease for its 235,094 square foot manufacturing facility in Mesa, Arizona, which was originally set to expire in 2033.
The termination is contingent upon the lessor securing a new tenant and will result in Xos making monthly payments totaling approximately $2.7 million over 18 months, forfeiting a $1.2 million security deposit, and paying approximately $1.3 million in leasing commissions.
On August 25, 2025, Xos issued 1,803,262 shares of unregistered common stock to Aljomaih Automotive Company to pay approximately $6.0 million in accrued interest on a Convertible Promissory Note.