Xos annual free cash flow
2020
2021
2022
2023
2024
2025
Xos Free Cash Flow (FCF) History (XOS)
Xos reported $5.4M in free cash flow for fiscal 2025, an increase of $54.5M from the previous fiscal year, with a free cash flow margin of 11.67%.
View full Xos company overviewXos free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.4M | $54.5M | — | +11.67% |
| 2024 | 2024-12-31 | −$49.1M | −$8.4M | — | −87.74% |
| 2023 | 2023-12-31 | −$40.7M | $101.4M | — | −91.35% |
| 2022 | 2022-12-31 | −$142.1M | −$48.3M | — | −390.57% |
| 2021 | 2021-12-31 | −$93.8M | −$81.1M | — | −1858.36% |
| 2020 | 2020-12-31 | −$12.7M | — | — | −482.58% |
Xos quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$2.7M | −$7.4M | — | −57.09% |
| Q1 2026 | 2026-03-31 | −$1.6M | $3.1M | — | −14.32% |
| Q4 2025 | 2025-12-31 | $2.4M | −$899,000 | −27.26% | +45.96% |
| Q3 2025 | 2025-09-30 | $3.1M | $14.7M | — | +18.65% |
| Q2 2025 | 2025-06-30 | $4.6M | $30.8M | — | +25.25% |
| Q1 2025 | 2025-03-31 | −$4.8M | $9.9M | — | −80.90% |
| Q4 2024 | 2024-12-31 | $3.3M | $4.2M | — | +27.48% |
| Q3 2024 | 2024-09-30 | −$11.7M | −$2.9M | — | −73.88% |
| Q2 2024 | 2024-06-30 | −$26.1M | −$10.3M | — | −168.09% |
| Q1 2024 | 2024-03-31 | −$14.6M | $960,000 | — | −115.70% |
| Q4 2023 | 2023-12-31 | −$852,000 | $23.7M | — | −4.57% |
| Q3 2023 | 2023-09-30 | −$8.8M | $23.4M | — | −52.73% |
| Q2 2023 | 2023-06-30 | −$15.8M | $35.2M | — | −332.71% |
| Q1 2023 | 2023-03-31 | −$15.6M | $18.7M | — | −351.43% |
| Q4 2022 | 2022-12-31 | −$24.6M | $12.8M | — | −286.76% |
| Q3 2022 | 2022-09-30 | −$32.2M | $3.4M | — | −292.56% |
| Q2 2022 | 2022-06-30 | −$51.0M | −$39.1M | — | −522.10% |
| Q1 2022 | 2022-03-31 | −$34.3M | −$25.3M | — | −487.87% |
| Q4 2021 | 2021-12-31 | −$37.3M | — | — | −1130.59% |
| Q3 2021 | 2021-09-30 | −$35.6M | — | — | −9978.43% |
| Q2 2021 | 2021-06-30 | −$11.9M | — | — | −1991.78% |
| Q1 2021 | 2021-03-31 | −$9.0M | — | — | −1132.91% |
Xos free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$12.7M to $5.4M, a net increase of $18.1M. Xos's latest reported quarter, Q2 2026, generated −$2.7M in free cash flow, a decrease of $7.4M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Xos filings at SEC.gov ↗