Xos, Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2018 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2018 - 2019
Revenue	55.96	44.52	36.38	5.05	2.64	Upgrade
Revenue Growth (YoY)	25.69%	22.40%	620.60%	91.14%	130.25%	Upgrade
Cost of Revenue	52	45.81	66.41	7.41	2.34	Upgrade
Gross Profit	3.97	-1.29	-30.03	-2.36	0.3	Upgrade
Selling, General & Admin	39.21	44.09	50.64	30.72	5.16	Upgrade
Research & Development	10.63	19.59	30.68	20.08	7.02	Upgrade
Operating Expenses	49.84	63.68	81.32	50.79	12.17	Upgrade
Operating Income	-45.87	-64.97	-111.35	-53.16	-11.87	Upgrade
Interest Expense	-2.21	-9.52	-4.53	-0.05	-	Upgrade
Other Non Operating Income (Expenses)	2.13	-1.77	14.02	18.21	-4.8	Upgrade
EBT Excluding Unusual Items	-45.96	-76.25	-101.85	-35	-16.67	Upgrade
Gain (Loss) on Sale of Investments	-	-0.09	-0.15	-	-	Upgrade
Asset Writedown	-4.2	-	-	-	-	Upgrade
Other Unusual Items	0.04	0.52	28.68	58.4	-	Upgrade
Pretax Income	-50.12	-75.82	-73.32	23.4	-16.67	Upgrade
Income Tax Expense	0.04	0.02	0.01	0	-	Upgrade
Net Income	-50.16	-75.84	-73.33	23.4	-16.67	Upgrade
Net Income to Common	-50.16	-75.84	-73.33	23.4	-16.67	Upgrade
Shares Outstanding (Basic)	8	6	6	4	2	Upgrade
Shares Outstanding (Diluted)	8	6	6	4	2	Upgrade
Shares Change (YoY)	29.60%	-0.43%	61.77%	49.65%	102.81%	Upgrade
EPS (Basic)	-6.69	-13.11	-13.31	6.65	-6.94	Upgrade
EPS (Diluted)	-6.69	-13.38	-13.32	6.60	-6.94	Upgrade
Free Cash Flow	-49.1	-40.67	-142.07	-93.81	-12.75	Upgrade
Free Cash Flow Per Share	-6.55	-7.03	-24.45	-26.11	-5.31	Upgrade
Gross Margin	7.08%	-2.90%	-82.55%	-46.79%	11.36%	Upgrade
Operating Margin	-81.97%	-145.91%	-306.10%	-1052.99%	-449.53%	Upgrade
Profit Margin	-89.63%	-170.35%	-201.58%	463.57%	-631.09%	Upgrade
Free Cash Flow Margin	-87.74%	-91.35%	-390.57%	-1858.36%	-482.58%	Upgrade
EBITDA	-42.53	-61.65	-109.28	-52.42	-11.58	Upgrade
EBITDA Margin	-76.00%	-138.47%	-	-	-	Upgrade
D&A For EBITDA	3.34	3.31	2.07	0.74	0.3	Upgrade
EBIT	-45.87	-64.97	-111.35	-53.16	-11.87	Upgrade
EBIT Margin	-81.97%	-145.91%	-	-	-	Upgrade
Effective Tax Rate	-	-	-	0.01%	-	Upgrade
Advertising Expenses	0.2	0.3	1.3	0.4	0.02	Upgrade

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q