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Companies / Industrials / Xos, Inc.
XOS

Xos, Inc.

IndustrialsTransportation Equipment
Ticker XOSLOS ANGELES, CAFiscal year ends DecemberBook value per share $1.89Diluted shares 12.1M

Xos, Inc. (Nasdaq: XOS) operates as an industrial accelerant for the modern energy era, transforming power infrastructures into scalable solutions for commercial fleet electrification and mobile energy deployment. The company's website is www.xos.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$45.99M
−17.8% year over year
Last 12 mo $37.68M
-71.93%
+10 percentage points
Last 12 mo -77.80%
$-25.32M
+49.5% year over year
Last 12 mo $-19.44M
-108.73%
+40.5 percentage points
Last 12 mo -85.04%
Cash & financing
$5.37M
+111.0% year over year
Last 12 mo $1.20M
$5.37M
+110.9% year over year
Last 12 mo $1.16M
0.79
Was 0.59× a year earlier
Last 12 mo 0.68
9.4M
+24.8% year over year
Last 12 mo 12.1M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Xos, Inc. does

In the company’s own words

Xos, Inc. (Nasdaq: XOS) operates as an industrial accelerant for the modern energy era, transforming power infrastructures into scalable solutions for commercial fleet electrification and mobile energy deployment. The company's website is www.xos.com.

Xos produces three complementary primary product lines. Xos Energy Solutions includes the Xos Hub, a mobile charging and energy storage platform available in 210 kWh, 420 kWh, and 630 kWh configurations designed for fleet charging operations, construction sites, utilities, and data centers. Xos Vehicles manufactures Class 5 and Class 6 battery-electric commercial vehicles for last-mile and back-to-base delivery routes, featuring modular chassis platforms with multiple body options including commercial stepvans, armored trucks, uniform rental vehicles, and food and beverage configurations. Powered by Xos provides mixed-use powertrain solutions for off-highway and industrial equipment, including school buses, medical clinics, and specialty vehicles. The company also offers Xosphere, a proprietary fleet management software platform providing real-time telematics, charging optimization, and maintenance management.

The company's vehicles utilize lithium iron phosphate battery technology sourced through industry partners, designed to deliver eight to twelve years of service life in commercial operations. Xos vehicles have demonstrated over 200 stops per day in deployed fleets with less than two to three percent battery degradation after 24 months of service.

Xos serves a diverse customer base including major national accounts such as United Parcel Service, FedEx, Waymo, Caltrans, and Blue Bird Corporation, alongside small and medium-sized regional fleets. The company maintains manufacturing capabilities at its Byrdstown, Tennessee facility, capable of producing chassis, battery systems, Hub units, and powertrain kits. Additional operations include research and development activities and vehicle servicing in Los Angeles, California, and service locations across California, Texas, New Jersey, New York, Minnesota, and Canada.

In March 2024, Xos completed the acquisition of ElectraMeccanica Vehicles Corp., expanding its product portfolio and manufacturing capabilities. The company holds eight awarded U.S. patents and maintains 23 pending or approved trademark applications protecting its intellectual property and brand identity.

Company details
Sector
Industrials
Industry
Transportation Equipment
Headquarters
LOS ANGELES, CA
Fiscal year end
December
CIK
1819493
SIC
3714

Financial performance, year by year

Fiscal 2021–2025 · USD
$-89.02M$-49.48M$-9.94M$29.60M$69.14M20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Xos, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

6
funds hold it
0 of 35
superinvestors hold it
$0.80M
held by funds, at market
2.0%
of shares held by funds

Largest fund holders · Xos, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Series Total Market Index Fund
FCFMX · Fidelity Concord Street Trust
0.00%of fund net assets
Fidelity Total Market Index Fund
FSKAX · Fidelity Concord Street Trust
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Xos, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Xos, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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