Growth Metrics

Xos (XOS) Gross Margin (2020 - 2025)

Xos (XOS) has disclosed Gross Margin for 6 consecutive years, with 50.52% as the latest value for Q4 2025.

  • For Q4 2025, Gross Margin fell 1812.0% year-over-year to 50.52%; the TTM value through Dec 2025 reached 5.92%, down 116.0%, while the annual FY2025 figure was 5.92%, 116.0% down from the prior year.
  • Gross Margin was 50.52% for Q4 2025 at Xos, 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.
  • Historically, Gross Margin has averaged 23.39% across 5 years, with a median of 7.62% in 2021.
  • The largest annual shift saw Gross Margin crashed -10058bps in 2022 before it skyrocketed 10955bps in 2023.
  • Over 5 years, Gross Margin 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 tumbled by -56bps to 50.52% in 2025.
  • Per Business Quant database, its latest 3 readings for Gross Margin were 50.52% in Q4 2025, 15.34% in Q3 2025, and 8.8% in Q2 2025.