Xos (XOSWW) EBITDA (2020 - 2025)

Xos (XOSWW) recorded quarterly EBITDA of -$9.7 million in Q4 2025, down 558.74% quarter-over-quarter from $2.1 million in Q3 2025, and up 48.69% on a YoY basis from -$6.5 million in Q4 2024.

Xos (XOSWW) EBITDA (2020 - 2025) Analysis & Trends

Xos' EBITDA history runs 6 years deep, the most recent figure standing at -$9.7 million for Q4 2025.

  • In Q4 2025, EBITDA rose 48.69% year-over-year to -$9.7 million; the TTM figure through Dec 2025 stood at -$25.3 million (up 49.55% YoY), while the FY2025 annual figure was -$33.1 million, up 34.04% from the prior year.
  • EBITDA was -$9.7 million for Q4 2025 at Xos, down from $2.1 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $34.9 million in Q3 2021 to a low of -$24.9 million in Q1 2022.
  • Historically, EBITDA has averaged -$10.1 million across 5 years, with a median of -$10.8 million in 2024.
  • The sharpest annual moves came in 2021 and 2022: EBITDA surged 1253.21% in 2021, then slumped 273.72% in 2022.
  • A 5-year view of EBITDA shows it stood at $11.1 million in 2021, then plunged by 273.72% to -$19.2 million in 2022, then gained by 28.02% to -$13.8 million in 2023, then slumped by 37.27% to -$19.0 million in 2024, then soared by 48.69% to -$9.7 million in 2025.
  • The last three EBITDA figures came in at -$9.7 million (Q4 2025), $2.1 million (Q3 2025), and -$7.5 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Caterpillar 424.10 Bn 420.03 Bn 6.11 Bn 3.09 Bn
2 Deere 156.25 Bn 148.36 Bn 13.06 Bn 2.24 Bn
3 Paccar 63.14 Bn 62.45 Bn 1.36 Bn -4.29 Bn
4 Oshkosh 8.32 Bn 8.07 Bn 311.90 Mn 82.00 Mn
5 Terex 6.12 Bn 5.73 Bn 206.00 Mn -101.00 Mn
6 Blue Bird 2.24 Bn 1.97 Bn 70.65 Mn 39.12 Mn
7 Alamo 1.85 Bn 1.65 Bn 104.81 Mn 42.16 Mn
8 Lindsay 1.21 Bn 1.02 Bn 42.35 Mn 13.01 Mn
9 Astec Industries 1.18 Bn 1.11 Bn 99.10 Mn 9.00 Mn
10 Xos - - -2.64 Mn -9.74 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -9.74 Mn
Sep 30, 2025 2.12 Mn
Jun 30, 2025 -7.51 Mn
Mar 31, 2025 -10.19 Mn
Dec 31, 2024 -18.98 Mn
Sep 30, 2024 -10.51 Mn
Jun 30, 2024 -9.66 Mn
Mar 31, 2024 -11.00 Mn
Dec 31, 2023 -13.83 Mn
Sep 30, 2023 -14.05 Mn
Jun 30, 2023 -23.30 Mn
Mar 31, 2023 -23.93 Mn
Dec 31, 2022 -19.21 Mn
Sep 30, 2022 -19.82 Mn
Jun 30, 2022 -9.80 Mn
Mar 31, 2022 -24.86 Mn
Dec 31, 2021 11.06 Mn
Sep 30, 2021 34.90 Mn
Jun 30, 2021 -9.16 Mn
Mar 31, 2021 -13.85 Mn