Xos (XOS) Cost of Revenue (2020 - 2026)
Xos' Cost of Revenue came in at $4.17 million for Q2 2026, down 75.1% from $16.76 million a year earlier.
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Analysis
Xos (XOS) Cost of Revenue (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xos reported Cost of Revenue of $42.75 million, down 13.7% year-over-year; for FY2025, it came in at $43.27 million, down 16.8% from FY2024.
- Cost of Revenue carries a five-year compound annual growth rate of 79.2% (FY2020 to FY2025).
- Going back by year, Cost of Revenue was $52 million in FY2024 (+13.5%), $45.81 million in FY2023 (-31.0%), $66.41 million in FY2022 (+796.2%) and $7.41 million in FY2021 (+216.5%).
- The Q2 2026 figure represents the lowest quarterly Cost of Revenue since Q3 2021.
- Year-over-year, Cost of Revenue increased in two of the last seven quarters, with an average decline of 24.2%.
- The fastest year-over-year change in Cost of Revenue over five years came in Q4 2021 (growth of 717.0%), and the weakest in Q2 2026 (a decline of 75.1%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 12.78 Bn |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 5.21 Bn |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 7.95 Bn |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 5.68 Bn |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 3.51 Bn |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 2.04 Bn |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 2.22 Bn |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 3.82 Bn |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 2.40 Bn |
| 10 | Xos | 46.68 Mn | -3.49 Mn | 573,000.00 | 4.17 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.17 Mn |
| Dec 31, 2025 | 7.86 Mn |
| Sep 30, 2025 | 13.97 Mn |
| Jun 30, 2025 | 16.76 Mn |
| Mar 31, 2025 | 4.67 Mn |
| Dec 31, 2024 | 15.19 Mn |
| Sep 30, 2024 | 12.93 Mn |
| Jun 30, 2024 | 13.51 Mn |
| Mar 31, 2024 | 10.37 Mn |
| Dec 31, 2023 | 17.05 Mn |
| Sep 30, 2023 | 14.71 Mn |
| Jun 30, 2023 | 8.48 Mn |
| Mar 31, 2023 | 5.57 Mn |
| Dec 31, 2022 | 16.55 Mn |
| Sep 30, 2022 | 21.76 Mn |
| Jun 30, 2022 | 15.07 Mn |
| Mar 31, 2022 | 13.03 Mn |
| Dec 31, 2021 | 5.74 Mn |
| Sep 30, 2021 | 418,000.00 |
| Jun 30, 2021 | 585,000.00 |
API Access
Xos Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=XOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "XOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=XOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();