Growth Metrics

Xos (XOS) Gross Margin (2020 - 2025)

Xos' Gross Margin history spans 6 years, with the latest figure at 50.52% for Q4 2025.

  • Quarterly Gross Margin fell 1812.0% to 50.52% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 5.92% through Dec 2025, down 116.0% year-over-year, with the annual reading at 5.92% for FY2025, 116.0% down from the prior year.
  • Gross Margin came in at 50.52% for Q4 2025, down from 15.34% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 21.18% in Q1 2024 to a low of 97.67% in Q3 2022.
  • The 5-year median for Gross Margin is 7.62% (2021), against an average of 23.39%.
  • Year-over-year, Gross Margin plummeted -10058bps in 2022 and then surged 10955bps in 2023.
  • Xos' Gross Margin stood at 73.68% in 2021, then decreased by -26bps to 93.05% in 2022, then skyrocketed by 108bps to 7.22% in 2023, then crashed by -549bps to 32.39% in 2024, then plummeted by -56bps to 50.52% in 2025.
  • Per Business Quant, the three most recent readings for XOS's Gross Margin are 50.52% (Q4 2025), 15.34% (Q3 2025), and 8.8% (Q2 2025).