Xos XOS
NASDAQ XOS
$2.79 -0.03 (-1.06%)
As of: Sep 10, 2026 · 2:21 PM EDT

Xos (XOS) Operating Expenses (2020 - 2026)

Xos (XOS) posted Operating Expenses of $8.5 million for Q2 2026, up 19.97% on a QoQ basis from $7.1 million in Q4 2025, and down 2.07% year-over-year from $8.7 million in Q2 2025.

Analysis

Xos (XOS) Operating Expenses (2020 - 2026) Analysis & Trends

Xos has reported Operating Expenses for 7 years, with the latest figure at $8.5 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 2.07% year-over-year to $8.5 million in Q2 2026; TTM through Jun 2026 was $33.8 million, a 20.53% decrease from a year earlier, with the FY2025 full-year figure at $35.8 million, down 28.15% from the prior year.
  • Operating Expenses was $8.5 million for Q2 2026 at Xos, up from $7.1 million in the prior quarter.
  • The five-year high for Operating Expenses was $22.7 million in Q2 2022, with the low at $7.1 million in Q4 2025.
  • Average Operating Expenses over 5 years is $14.1 million, with a median of $13.2 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 258.32% in 2022, then plunged 35.06% in 2025.
  • Over 5 years, Operating Expenses stood at $17.9 million in 2022, then declined by 26.69% to $13.2 million in 2023, then fell by 17.48% to $10.9 million in 2024, then tumbled by 34.57% to $7.1 million in 2025, then grew by 19.97% to $8.5 million in 2026.
  • The last three Operating Expenses figures came in at $8.5 million (Q2 2026), $7.1 million (Q4 2025), and $9.5 million (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Caterpillar 370.35 Bn 363.63 Bn 7.76 Bn 16.25 Bn
2 Cummins 75.57 Bn 70.90 Bn 2.47 Bn 1.28 Bn
3 Paccar 64.67 Bn 56.01 Bn 1.56 Bn 6.23 Bn
4 Borgwarner 13.30 Bn 10.85 Bn 721.00 Mn 352.00 Mn
5 Allison Transmission Holdings 10.46 Bn 10.06 Bn 515.00 Mn 224.00 Mn
6 Oshkosh 9.22 Bn 8.81 Bn 480.30 Mn 237.10 Mn
7 Federal Signal 6.91 Bn 6.85 Bn 203.80 Mn 78.30 Mn
8 Terex 6.85 Bn 6.44 Bn 444.00 Mn 209.00 Mn
9 Dana 3.29 Bn 2.95 Bn 210.00 Mn 197.00 Mn
10 Xos 35.13 Mn 21.90 Mn 573,000.00 8.52 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 8.52 Mn
Dec 31, 2025 7.10 Mn
Sep 30, 2025 9.53 Mn
Jun 30, 2025 8.70 Mn
Mar 31, 2025 10.48 Mn
Dec 31, 2024 10.86 Mn
Sep 30, 2024 12.56 Mn
Jun 30, 2024 13.40 Mn
Mar 31, 2024 13.03 Mn
Dec 31, 2023 13.16 Mn
Sep 30, 2023 14.61 Mn
Jun 30, 2023 16.76 Mn
Mar 31, 2023 19.15 Mn
Dec 31, 2022 17.94 Mn
Sep 30, 2022 20.39 Mn
Jun 30, 2022 22.69 Mn
Mar 31, 2022 20.30 Mn
Dec 31, 2021 23.02 Mn
Sep 30, 2021 14.25 Mn
Jun 30, 2021 7.87 Mn