Xos annual r&d spending
2020
2021
2022
2023
2024
2025
Xos R&D Spending Growth & History (XOS)
Xos's r&d spending was $8.0M for fiscal 2025.
View full Xos company overviewXos annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $8.0M | −$2.6M | −24.72% |
| 2024 | 2024-12-31 | $10.6M | −$9.0M | −45.75% |
| 2023 | 2023-12-31 | $19.6M | −$11.1M | −36.15% |
| 2022 | 2022-12-31 | $30.7M | $10.6M | +52.81% |
| 2021 | 2021-12-31 | $20.1M | $13.1M | +186.20% |
| 2020 | 2020-12-31 | $7.0M | — | — |
Xos quarterly r&d spending
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 | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $1.9M | −$188,000 | −9.01% |
| Q1 2026 | 2026-03-31 | $2.0M | $100,000 | +5.18% |
| Q4 2025 | 2025-12-31 | $1.9M | −$54,000 | −2.79% |
| Q3 2025 | 2025-09-30 | $2.1M | −$518,000 | −19.78% |
| Q2 2025 | 2025-06-30 | $2.1M | −$911,000 | −30.39% |
| Q1 2025 | 2025-03-31 | $1.9M | −$1.1M | −37.22% |
| Q4 2024 | 2024-12-31 | $1.9M | −$2.2M | −53.27% |
| Q3 2024 | 2024-09-30 | $2.6M | −$1.9M | −42.01% |
| Q2 2024 | 2024-06-30 | $3.0M | −$2.2M | −42.13% |
| Q1 2024 | 2024-03-31 | $3.1M | −$2.7M | −46.53% |
| Q4 2023 | 2023-12-31 | $4.1M | −$3.4M | −44.92% |
| Q3 2023 | 2023-09-30 | $4.5M | −$4.1M | −47.32% |
| Q2 2023 | 2023-06-30 | $5.2M | −$2.5M | −32.14% |
| Q1 2023 | 2023-03-31 | $5.7M | −$1.2M | −17.27% |
| Q4 2022 | 2022-12-31 | $7.5M | $2.0M | +36.32% |
| Q3 2022 | 2022-09-30 | $8.6M | $967,000 | +12.71% |
| Q2 2022 | 2022-06-30 | $7.6M | $3.0M | +66.01% |
| Q1 2022 | 2022-03-31 | $6.9M | $4.6M | +195.20% |
| Q4 2021 | 2021-12-31 | $5.5M | — | — |
| Q3 2021 | 2021-09-30 | $7.6M | $6.9M | +946.22% |
| Q2 2021 | 2021-06-30 | $4.6M | — | — |
| Q1 2021 | 2021-03-31 | $2.4M | — | — |
| Q3 2020 | 2020-09-30 | $727,000 | — | — |
Xos r&d spending trends
Over the last five fiscal years, Xos's r&d spending increased from $7.0M to $8.0M, a change of $985,000. The latest reported quarter, Q2 2026, shows $1.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Xos source filings ↗