Xos (XOS) Operating Margin (2020 - 2025)
Xos' (XOS) quarterly Operating Margin came in at 186.57% in Q4 2025, down 5957.0% year-on-year from 3.19% in Q4 2024, and down 340.15% quarter-over-quarter from 42.39% in Q3 2025.
Xos (XOS) Operating Margin (2020 - 2025) Analysis & Trends
Xos' Operating Margin history runs 6 years deep, the most recent figure standing at 186.57% for Q4 2025.
- On a quarterly basis, Operating Margin fell 5957.0% year-over-year to 186.57% in Q4 2025; TTM through Dec 2025 was 71.93%, a 1004.0% increase from a year earlier, with the FY2025 full-year figure at 71.93%, up 1004.0% from the prior year.
- Operating Margin retreated to 186.57% in Q4 2025 per XOS's latest filing, from 42.39% in the prior quarter.
- Across five years, Operating Margin topped out at 38.5% in Q2 2025 and bottomed at 4007.28% in Q3 2021.
- The 5-year median for Operating Margin is 234.72% (2022), against an average of 490.13%.
- Across the five-year window, Operating Margin slumped 373244 bps in 2021 and soared 372441 bps in 2022, its largest moves.
- Year by year, Operating Margin stood at 770.78% in 2021, then surged by 61 bps to 302.4% in 2022, then soared by 79 bps to 64.37% in 2023, then plunged by 97 bps to 127.0% in 2024, then sank by 47 bps to 186.57% in 2025.
- Per Business Quant, the three latest XOS Operating Margin figures stand at 186.57% (Q4 2025), 42.39% (Q3 2025), and 38.5% (Q2 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 414.02 Bn | 409.95 Bn | 6.11 Bn | 17.71% |
| 2 | Deere | 164.89 Bn | 157.03 Bn | 13.06 Bn | 1.88% |
| 3 | Paccar | 68.81 Bn | 67.93 Bn | 1.36 Bn | -63.36% |
| 4 | CNH Industrial | 13.19 Bn | 11.63 Bn | 1.22 Bn | 13.59% |
| 5 | Oshkosh | 11.41 Bn | 11.16 Bn | 311.90 Mn | 3.54% |
| 6 | Agco | 8.50 Bn | 8.28 Bn | 581.40 Mn | 3.44% |
| 7 | Terex | 6.58 Bn | 6.19 Bn | 206.00 Mn | -4.73% |
| 8 | Greenpower Motor | 3.53 Bn | 3.53 Bn | 1.26 Mn | - |
| 9 | Blue Bird | 2.45 Bn | 2.18 Bn | 70.65 Mn | 11.09% |
| 10 | Xos | 19.09 Mn | 5.05 Mn | -2.64 Mn | -186.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -186.57% |
| Sep 30, 2025 | -42.39% |
| Jun 30, 2025 | -38.50% |
| Mar 31, 2025 | -157.66% |
| Dec 31, 2024 | -127.00% |
| Sep 30, 2024 | -61.37% |
| Jun 30, 2024 | -73.18% |
| Mar 31, 2024 | -77.82% |
| Dec 31, 2023 | -64.37% |
| Sep 30, 2023 | -75.62% |
| Jun 30, 2023 | -430.86% |
| Mar 31, 2023 | -426.42% |
| Dec 31, 2022 | -302.40% |
| Sep 30, 2022 | -282.88% |
| Jun 30, 2022 | -286.63% |
| Mar 31, 2022 | -374.03% |
| Dec 31, 2021 | -770.78% |
| Sep 30, 2021 | -4,007.28% |
| Jun 30, 2021 | -1,317.79% |
| Mar 31, 2021 | -699.12% |