Xos, Inc. (XOS) Cost of Revenue (2020 - 2026)

Xos' Cost of Revenue history runs 6 years deep, the most recent figure standing at $7.9 million for Q4 2025.

• In Q4 2025, Cost of Revenue fell 48.28% year-over-year to $7.9 million; the TTM figure through Dec 2025 stood at $43.3 million (down 16.79% YoY), while the FY2025 annual figure was $43.3 million, down 16.79% from the prior year.
• Cost of Revenue for Q4 2025 stood at $7.9 million, down from $14.0 million in the prior quarter.
• The five-year high for Cost of Revenue was $21.8 million in Q3 2022, with the low at $418000.0 in Q3 2021.
• The 5-year median for Cost of Revenue is $13.0 million (2022), against an average of $10.7 million.
• The sharpest annual moves came in 2021 and 2022: Cost of Revenue plunged 64.0% in 2021, then jumped 5105.5% in 2022.
• Xos' Cost of Revenue stood at $5.7 million in 2021, then jumped by 188.51% to $16.5 million in 2022, then climbed by 3.04% to $17.0 million in 2023, then retreated by 10.9% to $15.2 million in 2024, then plunged by 48.28% to $7.9 million in 2025.
• Business Quant data shows XOS's Cost of Revenue at $7.9 million in Q4 2025, $14.0 million in Q3 2025, and $16.8 million in Q2 2025.