Xos annual gross margin
2020
2021
2022
2023
2024
2025
Xos Gross Margin Growth & History (XOS)
Xos's gross margin was 5.92% for fiscal 2025.
View full Xos company overviewXos annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 5.92% | −1.16 pp |
| 2024 | 2024-12-31 | 7.09% | +9.98 pp |
| 2023 | 2023-12-31 | −2.90% | +79.65 pp |
| 2022 | 2022-12-31 | −82.55% | −35.76 pp |
| 2021 | 2021-12-31 | −46.79% | −58.15 pp |
| 2020 | 2020-12-31 | 11.36% | — |
Xos quarterly gross margin
Q3.20
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 | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 12.09% | +3.19 pp |
| Q1 2026 | 2026-03-31 | 38.61% | +18.01 pp |
| Q4 2025 | 2025-12-31 | −50.86% | −19.89 pp |
| Q3 2025 | 2025-09-30 | 15.34% | −2.80 pp |
| Q2 2025 | 2025-06-30 | 8.90% | −4.17 pp |
| Q1 2025 | 2025-03-31 | 20.60% | −1.47 pp |
| Q4 2024 | 2024-12-31 | −30.97% | −38.09 pp |
| Q3 2024 | 2024-09-30 | 18.14% | +6.25 pp |
| Q2 2024 | 2024-06-30 | 13.07% | +91.42 pp |
| Q1 2024 | 2024-03-31 | 22.07% | +41.85 pp |
| Q4 2023 | 2023-12-31 | 7.12% | +100.17 pp |
| Q3 2023 | 2023-09-30 | 11.89% | +109.55 pp |
| Q2 2023 | 2023-06-30 | −78.36% | −24.04 pp |
| Q1 2023 | 2023-03-31 | −19.78% | +65.54 pp |
| Q4 2022 | 2022-12-31 | −93.05% | −19.36 pp |
| Q3 2022 | 2022-09-30 | −97.67% | −80.58 pp |
| Q2 2022 | 2022-06-30 | −54.31% | −56.16 pp |
| Q1 2022 | 2022-03-31 | −85.32% | −100.58 pp |
| Q4 2021 | 2021-12-31 | −73.68% | −70.48 pp |
| Q3 2021 | 2021-09-30 | −17.09% | — |
| Q2 2021 | 2021-06-30 | 1.85% | — |
| Q1 2021 | 2021-03-31 | 15.26% | — |
| Q3 2020 | 2020-09-30 | −3.20% | — |
Xos gross margin trends
Over the last five reported fiscal years, Xos's gross margin decreased from 11.36% to 5.92%, a change of −5.44 percentage points. The latest reported quarter, Q2 2026, shows 12.09%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xos filings at SEC.gov ↗