NASDAQ$XOS

XOS Inc · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

XOS Inc reported $11.2 million in revenue for Q1 2026, an increase of 91% from the prior year.

XOS Inc delivered strong top-line growth in the first quarter of 2026 driven by higher powertrain and hub sales. The company narrowed its net loss to $5.0 million compared to $10.2 million in the prior-year quarter. Management continues to focus on liquidity management amid ongoing going-concern considerations.

  • Revenue rose 91% year-over-year to $11.2 million, led by powertrain and hub sales.
  • Net loss improved to $5.0 million from $10.2 million in Q1 2025.
  • Gross profit increased to $4.3 million with a gross margin of 38.6%.
  • Cash and cash equivalents stood at $9.8 million at quarter end.

Headline financials

Total Revenue

$11.2M

Previous: $5.88M+90.9%
EPS (adj)

-$0.43

Previous: -$1.26+65.9%
Vehicles Delivered

13

Previous: 29-55.2%
Capital Expenditures

-$19K

Previous: $0.00
Free Cash Flow

-$1.61M

No prior period
Net Income

-$4.95M

Previous: -$10.2M+51.4%
Operating Income

-$4.68M

Previous: -$9.27M+49.5%
Gross Profit

$4.33M

Previous: $1.21M+257.9%
Cash & Equivalents

$9.85M

No prior period
Total Assets

$54.4M

No prior period

Revenue & EPS history

XOS Inc · Revenue · Quarterly

$11.2M

Q1 2026+90.9%vs Q1 2025
Beat estimate in 6 of 15 quarters(40%)
ActualEstimate

Revenue by segment

XOS Inc · $11.2M total across 4 segments · Q1 2026

  • Powertrains & Hubs
    $9.12M
  • Stepvans & Vehicle Incentives
    $1.62M
  • Other Product Revenue
    $292K
  • Ancillary Revenue
    $197K

Forward guidance

The company is focused on securing additional capital and managing liquidity while scaling operations.

Tailwinds

  • Improved gross margins and reduced operating losses
  • Continued product development and customer engagement

Headwinds

  • Substantial doubt about ability to continue as a going concern
  • Ongoing supply chain and tariff-related cost pressures
  • History of net losses and negative cash flows

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-1.0%

Avg return

Earnings day

-2.8%

Avg return

5 days after

-14.6%

Avg return

30 days after

32%

7 / 22 earnings

Positive

+35.1%

Q3 2023

Best reaction

-13.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-1.0%+0.5%
Q4 2025-4.2%-14.1%-16.1%
Q3 2025-4.0%-13.5%-7.9%
Q2 2025+10.4%-11.5%-31.2%
Q1 2025-7.9%-7.4%-18.3%
Q4 2024-12.5%-10.2%+11.6%
Q3 2024-13.4%-20.2%-30.0%
Q2 2024-0.8%+3.9%-8.7%
Q1 2024+11.9%+3.4%-7.3%
Q4 2023-2.3%-1.7%-36.1%
Q3 2023+35.1%+73.0%-16.9%
Q2 2023-9.8%-19.5%-26.3%
Q1 2023+5.8%-5.0%-19.4%
Q4 2022-0.5%+12.0%-0.4%
Q3 2022+1.0%-11.3%-37.9%
Q2 2022-7.2%-5.8%-23.6%
Q1 2022-9.9%-22.6%+5.8%
Q2 2021-5.7%-3.2%-5.0%
Q4 2021-0.9%+0.9%-9.1%
Q3 2021-6.0%-8.5%-31.2%
Q1 2021+0.2%+0.2%+1.2%
Q4 2020+0.6%-0.3%-0.3%
Q3 2020

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