Xos, Inc. (XOS) Gross Margin (2020 - 2026)
Xos (XOS) posted quarterly Gross Margin of 50.52% for Q4 2025, down 1812.0% year-over-year from 2.95% in Q4 2024, and down 429.33% quarter-over-quarter from 15.34% in Q3 2025.
Xos, Inc. (XOS) Gross Margin (2020 - 2026) Analysis & Trends
Xos' Gross Margin history runs 6 years deep, the most recent figure standing at 50.52% for Q4 2025.
- In Q4 2025, Gross Margin fell 1812.0% year-over-year to 50.52%; the TTM figure through Dec 2025 stood at 5.92% (down 116.0% YoY), while the FY2025 annual figure was 5.92%, down 116.0% from the prior year.
- Gross Margin for Q4 2025 stood at 50.52%, down from 15.34% in the prior quarter.
- The five-year high for Gross Margin was 21.18% in Q1 2024, with the low at 97.67% in Q3 2022.
- The 5-year median for Gross Margin is 7.62% (2021), against an average of 23.39%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 10058 bps in 2022, then surged 10955 bps in 2023.
- Xos' Gross Margin stood at 73.68% in 2021, then decreased by 26 bps to 93.05% in 2022, then jumped by 108 bps to 7.22% in 2023, then plunged by 549 bps to 32.39% in 2024, then sank by 56 bps to 50.52% in 2025.
- Business Quant data shows XOS's Gross Margin at 50.52% in Q4 2025, 15.34% in Q3 2025, and 8.8% in Q2 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 12.09% |
| Dec 31, 2025 | -50.52% |
| Sep 30, 2025 | 15.34% |
| Jun 30, 2025 | 8.80% |
| Mar 31, 2025 | 20.60% |
| Dec 31, 2024 | -32.39% |
| Sep 30, 2024 | 18.14% |
| Jun 30, 2024 | 13.07% |
| Mar 31, 2024 | 21.18% |
| Dec 31, 2023 | 7.22% |
| Sep 30, 2023 | 11.89% |
| Jun 30, 2023 | -78.36% |
| Mar 31, 2023 | -18.67% |
| Dec 31, 2022 | -93.05% |
| Sep 30, 2022 | -97.67% |
| Jun 30, 2022 | -54.31% |
| Mar 31, 2022 | -85.32% |
| Dec 31, 2021 | -73.68% |
| Sep 30, 2021 | -17.09% |
| Jun 30, 2021 | 1.85% |