Xos (XOS) Gross Margin (2020 - 2026)
Xos' Gross Margin came in at 12.09% for Q2 2026, up 3.19 percentage points from 8.90% a year earlier.
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Analysis
Xos (XOS) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Xos reported Gross Margin of 4.69%, up 0.82 percentage points year-over-year; for FY2025, it came in at 5.92%, down 1.16 percentage points from FY2024.
- Gross Margin carries a five-year change of -5.44 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 7.09% in FY2024 (+9.98 pp), -2.90% in FY2023 (+79.65 pp), -82.55% in FY2022 (-35.76 pp) and -46.79% in FY2021 (-58.15 pp).
- The five-year range for quarterly Gross Margin is -97.67% (Q3 2022) to 21.18% (Q1 2024).
- Year-over-year, Gross Margin increased in two of the last seven quarters, with an average year-over-year change of -7.98 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2023 (a gain of 109.55 percentage points), and the weakest in Q1 2022 (a drop of 100.58 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 44.13% |
| 10 | Xos | 44.98 Mn | -5.19 Mn | 573,000.00 | 12.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.09% |
| Dec 31, 2025 | -50.52% |
| Sep 30, 2025 | 15.34% |
| Jun 30, 2025 | 8.90% |
| 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% |
API Access
Xos Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=XOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "XOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=XOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();