Xos (XOS) Research & Development (2020 - 2025)
Xos' (XOS) quarterly Research & Development came in at $681000.0 in Q4 2025, down 64.82% year-on-year from $1.9 million in Q4 2024, and down 67.59% quarter-over-quarter from $2.1 million in Q3 2025.
Xos (XOS) Research & Development (2020 - 2025) Analysis & Trends
Xos' Research & Development history runs 6 years deep, the most recent figure standing at $681000.0 for Q4 2025.
- On a quarterly basis, Research & Development fell 64.82% year-over-year to $681000.0 in Q4 2025; TTM through Dec 2025 was $4.1 million, a 38.87% decrease from a year earlier, with the FY2025 full-year figure at $3.0 million, down 71.68% from the prior year.
- Research & Development eased to $681000.0 in Q4 2025 per XOS's latest filing, from $2.1 million in the prior quarter.
- Across five years, Research & Development topped out at $22.8 million in Q4 2022 and bottomed at -$9.1 million in Q4 2023.
- The 5-year median for Research & Development is $2.1 million (2022), against an average of $3.6 million.
- Across the five-year window, Research & Development soared 11601.54% in 2021 and plunged 139.75% in 2023, its largest moves.
- Year by year, Research & Development stood at $10.2 million in 2021, then surged by 122.73% to $22.8 million in 2022, then plunged by 139.75% to -$9.1 million in 2023, then jumped by 121.37% to $1.9 million in 2024, then sank by 64.82% to $681000.0 in 2025.
- Per Business Quant, the three latest XOS Research & Development figures stand at $681000.0 (Q4 2025), $2.1 million (Q3 2025), and $707000.0 (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 414.02 Bn | 409.95 Bn | 6.11 Bn | 537.00 Mn |
| 2 | Deere | 164.89 Bn | 157.03 Bn | 13.06 Bn | 583.00 Mn |
| 3 | Paccar | 68.81 Bn | 67.93 Bn | 1.36 Bn | 109.10 Mn |
| 4 | CNH Industrial | 13.19 Bn | 11.63 Bn | 1.22 Bn | 232.00 Mn |
| 5 | Oshkosh | 11.41 Bn | 11.16 Bn | 311.90 Mn | - |
| 6 | Agco | 8.50 Bn | 8.28 Bn | 581.40 Mn | - |
| 7 | Terex | 6.58 Bn | 6.19 Bn | 206.00 Mn | - |
| 8 | Greenpower Motor | 3.53 Bn | 3.53 Bn | 1.26 Mn | 4,598.00 |
| 9 | Blue Bird | 2.45 Bn | 2.18 Bn | 70.65 Mn | - |
| 10 | Xos | 19.09 Mn | 5.05 Mn | -2.64 Mn | 681,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 681,000.00 |
| Sep 30, 2025 | 2.10 Mn |
| Jun 30, 2025 | 707,000.00 |
| Mar 31, 2025 | 654,000.00 |
| Dec 31, 2024 | 1.94 Mn |
| Sep 30, 2024 | 2.62 Mn |
| Jun 30, 2024 | 1.22 Mn |
| Mar 31, 2024 | 998,000.00 |
| Dec 31, 2023 | -9.06 Mn |
| Sep 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 1.76 Mn |
| Mar 31, 2023 | 5.75 Mn |
| Dec 31, 2022 | 22.79 Mn |
| Sep 30, 2022 | 2.35 Mn |
| Jun 30, 2022 | 7.64 Mn |
| Mar 31, 2022 | 2.03 Mn |
| Dec 31, 2021 | 10.23 Mn |
| Sep 30, 2021 | 7.61 Mn |
| Jun 30, 2021 | 4.60 Mn |
| Mar 31, 2021 | 3.00 Mn |