Xos XOS
NASDAQ XOS
$3.43 -0.29 (-7.80%)
As of: Aug 21, 2026 · 11:45 AM EDT

Xos, Inc. (XOS) Operating Expenses (2020 - 2026)

Xos (XOS) posted quarterly Operating Expenses of $7.1 million for Q4 2025, down 34.57% year-over-year from $10.9 million in Q4 2024, and down 25.44% quarter-over-quarter from $9.5 million in Q3 2025.

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

Xos' Operating Expenses history runs 6 years deep, the most recent figure standing at $7.1 million for Q4 2025.

  • In Q4 2025, Operating Expenses fell 34.57% year-over-year to $7.1 million; the TTM figure through Dec 2025 stood at $35.8 million (down 28.15% YoY), while the FY2025 annual figure was $35.8 million, down 28.15% from the prior year.
  • Operating Expenses for Q4 2025 stood at $7.1 million, down from $9.5 million in the prior quarter.
  • The five-year high for Operating Expenses was $23.0 million in Q4 2021, with the low at $5.7 million in Q1 2021.
  • The 5-year median for Operating Expenses is $13.3 million (2023), against an average of $14.1 million.
  • The sharpest annual moves came in 2021 and 2025: Operating Expenses soared 6286.44% in 2021, then plunged 35.06% in 2025.
  • Xos' Operating Expenses stood at $23.0 million in 2021, then fell by 22.04% to $17.9 million in 2022, then slipped by 26.69% to $13.2 million in 2023, then dropped by 17.48% to $10.9 million in 2024, then tumbled by 34.57% to $7.1 million in 2025.
  • Business Quant data shows XOS's Operating Expenses at $7.1 million in Q4 2025, $9.5 million in Q3 2025, and $8.7 million in Q2 2025.

Peer Comparison

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