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
DateValue
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