Growth Metrics

Xos (XOS) Gross Margin (2020 - 2025)

Xos (XOS) has 6 years of Gross Margin data on record, last reported at 15.34% in Q3 2025.

  • For Q3 2025, Gross Margin fell 280.0% year-over-year to 15.34%; the TTM value through Sep 2025 reached 3.15%, down 1118.0%, while the annual FY2024 figure was 7.09%, 998.0% up from the prior year.
  • Gross Margin reached 15.34% in Q3 2025 per XOS's latest filing, up from 8.8% in the prior quarter.
  • Across five years, Gross Margin topped out at 21.18% in Q1 2024 and bottomed at 97.67% in Q3 2022.
  • Average Gross Margin over 5 years is 21.96%, with a median of 1.85% recorded in 2021.
  • Peak YoY movement for Gross Margin: tumbled -10058bps in 2022, then soared 10955bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 73.68% in 2021, then fell by -26bps to 93.05% in 2022, then surged by 108bps to 7.22% in 2023, then plummeted by -549bps to 32.39% in 2024, then skyrocketed by 147bps to 15.34% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 15.34% in Q3 2025, 8.8% in Q2 2025, and 20.6% in Q1 2025.