Xos, Inc. XOS
NASDAQ XOS
$2.43 +0.05 (+2.10%)
At close: Nov 6, 2026 · 4:00 PM EST

Xos (XOS) Operating Margin (2020 - 2026)

Updated

Xos' Operating Margin was -167.66% in Q2 2026, down 129.26 percentage points from -38.40% a year earlier.

Analysis

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

On a trailing twelve-month basis, Xos' Operating Margin was -70.77% through Jun 30, 2026, up 8.00 percentage points year-over-year; for FY2025, it was -71.93%, up 10.04 percentage points from FY2024.

  • Operating Margin has now increased for four consecutive years, with a five-year change of +377.59 percentage points (FY2020 to FY2025).
  • In earlier years, Operating Margin was -81.97% in FY2024 (+63.94 pp), -145.91% in FY2023 (+160.19 pp), -306.10% in FY2022 (+746.89 pp) and -1052.99% in FY2021 (-603.46 pp).
  • Quarterly Operating Margin has moved between -4007.28% (Q3 2021) and -38.40% (Q2 2025) over five years.
  • Compared with a year earlier, Operating Margin was higher in three of the last seven quarters, with an average year-over-year change of -37.61 percentage points.
  • The best year-over-year quarter for Operating Margin over five years was Q3 2022 (a gain of 3724.41 percentage points); the worst was Q3 2021 (a drop of 3732.44 percentage points).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Caterpillar 256.79 Bn 228.09 Bn 7.35 Bn 20.38%
2 Amphenol 183.76 Bn 178.46 Bn 4.02 Bn 29.53%
3 Deere 181.25 Bn 149.34 Bn 4.66 Bn 14.72%
4 Eaton 132.82 Bn 129.76 Bn 3.11 Bn 17.76%
5 Parker-Hannifin 115.39 Bn 113.27 Bn 2.26 Bn 19.96%
6 3M 96.09 Bn 77.53 Bn 2.78 Bn 23.66%
7 Emerson Electric 90.66 Bn 83.40 Bn 2.66 Bn 26.92%
8 Illinois Tool Works 79.95 Bn 76.63 Bn 1.91 Bn 27.79%
9 Vertiv Holdings 70.25 Bn 59.10 Bn 1.64 Bn 22.81%
10 Xos 30.34 Mn -20.88 Mn 573,000.00 -167.66%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -167.66%
Dec 31, 2025 -186.57%
Sep 30, 2025 -42.39%
Jun 30, 2025 -38.40%
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%
API Access

Xos Operating 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.

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