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Xos (XOS) Operating Expenses (2020 - 2025)

Xos' Operating Expenses history spans 6 years, with the latest figure at $7.1 million for Q4 2025.

  • Quarterly Operating Expenses fell 34.57% to $7.1 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $35.8 million through Dec 2025, down 28.15% year-over-year, with the annual reading at $35.8 million for FY2025, 28.15% down from the prior year.
  • Operating Expenses came in at $7.1 million for Q4 2025, down from $9.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $23.0 million in Q4 2021 to a low of $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.
  • Year-over-year, Operating Expenses soared 6286.44% in 2021 and then tumbled 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 fell 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.
  • Per Business Quant, the three most recent readings for XOS's Operating Expenses are $7.1 million (Q4 2025), $9.5 million (Q3 2025), and $8.7 million (Q2 2025).