NASDAQ$XOS
XOS Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Xos, Inc. reported third quarter 2022 results with revenue increasing by 12% quarter-over-quarter and unit deliveries increasing by 21% quarter-over-quarter.
Xos, Inc. reported a revenue of $11.0 million for the third quarter of 2022, a 12% increase compared to the previous quarter. The company delivered 88 units, a 21% increase compared to the previous quarter. Net loss was $23.3 million and loss from operations was $31.2 million for the third quarter of 2022; non-GAAP operating loss for the quarter was $26.6 million.
- Revenue for the third quarter of 2022 was $11.0 million, up 12% compared to the previous quarter.
- Deliveries of 88 units in the third quarter of 2022, up 21% compared to 73 units in the previous quarter.
- Net loss was $23.3 million and loss from operations was $31.2 million for the third quarter of 2022; non-GAAP operating loss for the quarter was $26.6 million.
- Company remains on track to achieve positive gross margin at a unit level by the end of the first half of 2023.
Headline financials
Revenue & EPS history
XOS Inc · Revenue · Quarterly
$11M
Revenue by segment
XOS Inc · $11.2M total across 4 segments · Q1 2026
- Powertrains & Hubs$9.12M—81.2%
- Stepvans & Vehicle Incentives$1.62M—14.4%
- Other Product Revenue$292K—2.6%
- Ancillary Revenue$197K—1.8%
Forward guidance
The Company is reaffirming its previously provided outlook for the second half of 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q3 2022
-1.0%
Avg return
Earnings day
+4.5%
Avg return
5 days after
-10.2%
Avg return
30 days after
32%
7 / 22 earnings
Positive
+35.1%
Q3 2023
Best reaction
-13.4%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2025 | -4.2% | +146.6% | — | |
| Q1 2026 | -1.0% | +0.5% | +77.3% | |
| 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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