Xos (XOS) EBITDA (2020 - 2025)
Xos' (XOS) quarterly EBITDA came in at -$9.7 million in Q4 2025, up 33.17% year-on-year from -$7.3 million in Q4 2024, and down 39.25% quarter-over-quarter from -$7.0 million in Q3 2025.
Xos (XOS) EBITDA (2020 - 2025) Analysis & Trends
Xos' EBITDA history runs 6 years deep, the most recent figure standing at -$9.7 million for Q4 2025.
- On a quarterly basis, EBITDA rose 33.17% year-over-year to -$9.7 million in Q4 2025; TTM through Dec 2025 was -$33.1 million, a 27.88% increase from a year earlier, with the FY2025 full-year figure at -$33.1 million, up 27.88% from the prior year.
- EBITDA declined to -$9.7 million in Q4 2025 per XOS's latest filing, from -$7.0 million in the prior quarter.
- Across five years, EBITDA topped out at -$5.5 million in Q1 2021 and bottomed at -$31.1 million in Q3 2022.
- The 5-year median for EBITDA is -$12.2 million (2023), against an average of -$15.4 million.
- Across the five-year window, EBITDA plunged 407.7% in 2021 and jumped 59.46% in 2023, its largest moves.
- Year by year, EBITDA stood at -$25.5 million in 2021, then dropped by 1.84% to -$25.9 million in 2022, then jumped by 54.37% to -$11.8 million in 2023, then dropped by 23.2% to -$14.6 million in 2024, then surged by 33.17% to -$9.7 million in 2025.
- Per Business Quant, the three latest XOS EBITDA figures stand at -$9.7 million (Q4 2025), -$7.0 million (Q3 2025), and -$7.1 million (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 414.02 Bn | 409.95 Bn | 6.11 Bn | 3.09 Bn |
| 2 | Deere | 164.89 Bn | 157.03 Bn | 13.06 Bn | 251.00 Mn |
| 3 | Paccar | 68.81 Bn | 67.93 Bn | 1.36 Bn | -4.29 Bn |
| 4 | CNH Industrial | 13.19 Bn | 11.63 Bn | 1.22 Bn | 520.00 Mn |
| 5 | Oshkosh | 11.41 Bn | 11.16 Bn | 311.90 Mn | 82.00 Mn |
| 6 | Agco | 8.50 Bn | 8.28 Bn | 581.40 Mn | 80.70 Mn |
| 7 | Terex | 6.58 Bn | 6.19 Bn | 206.00 Mn | -82.00 Mn |
| 8 | Greenpower Motor | 3.53 Bn | 3.53 Bn | 1.26 Mn | -5.24 Mn |
| 9 | Blue Bird | 2.45 Bn | 2.18 Bn | 70.65 Mn | 39.12 Mn |
| 10 | Xos | 19.09 Mn | 5.05 Mn | -2.64 Mn | -9.74 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -9.74 Mn |
| Sep 30, 2025 | -6.99 Mn |
| Jun 30, 2025 | -7.08 Mn |
| Mar 31, 2025 | -9.27 Mn |
| Dec 31, 2024 | -14.57 Mn |
| Sep 30, 2024 | -9.69 Mn |
| Jun 30, 2024 | -11.37 Mn |
| Mar 31, 2024 | -10.24 Mn |
| Dec 31, 2023 | -11.83 Mn |
| Sep 30, 2023 | -12.63 Mn |
| Jun 30, 2023 | -20.48 Mn |
| Mar 31, 2023 | -20.03 Mn |
| Dec 31, 2022 | -25.92 Mn |
| Sep 30, 2022 | -31.14 Mn |
| Jun 30, 2022 | -27.99 Mn |
| Mar 31, 2022 | -26.30 Mn |
| Dec 31, 2021 | -25.45 Mn |
| Sep 30, 2021 | -14.31 Mn |
| Jun 30, 2021 | -7.85 Mn |
| Mar 31, 2021 | -5.54 Mn |