Xos (XOS)
NASDAQ:XOS
Earnings Data
Report Date
May 20, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-1.26Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized a clear operational turnaround: record unit deliveries, a major swing to positive free cash flow, meaningful reductions in operating losses, and product diversification into hubs and powertrains. Management highlighted several structural improvements (cost reductions, supply-chain actions, dealer/OEM relationships, and new product shipments) and provided 2026 guidance. Offsetting these positives are a YoY revenue decline driven by lower ASPs, tariff-related margin headwinds, concentration with a few large customers, and some one-time accounting and timing items that affected Q4 results. On balance the company portrayed sustainable progress and momentum despite near-term mix- and tariff-related pressures.Company Guidance
Record Unit Deliveries and Revenue Mix
Full year 2025 delivered a company record of 328 units (up ~10.4% vs 297 in 2024) and $46.0M in revenue. Management emphasized expanded customer programs (200+ unit UPS program) and growing repeat orders from national fleets.
Positive Free Cash Flow Turnaround
Generated $5.4M of positive free cash flow for the full year versus negative $49.1M in 2024 — a ~$54.5M improvement year-over-year. Q4 free cash flow was $2.4M (third consecutive positive quarter).
Improved Profitability Metrics and Cost Reductions
Full year operating loss narrowed 28% to $33.1M (from $45.9M). Adjusted EBITDA loss improved 33% to $23.5M (from $34.8M). Full year operating expenses fell 28% to $35.8M (from $49.8M).
Sustained Positive Gross Margins (Full Year & Non-GAAP)
GAAP gross margin for the year was positive at 5.9% ($2.7M), marking the second consecutive full year of positive GAAP and non-GAAP gross margins. Non-GAAP gross margin for 2025 was $4.1M (8.8%), and the company recorded its tenth consecutive quarter of positive non-GAAP gross margin.
Balance Sheet and Working Capital Improvements
Cash increased to $14M from $11M (+27.3%). Accounts receivable dropped from $26.9M to $6M (a ~77.7% reduction), driven by strong collections including $14M in Q4 collections and a $9.9M payment from UPS. Inventory declined to $25M from $36.6M (~31.7% reduction).
Strategic Financing and Liability Actions
Amended $20M convertible note repayment schedule (quarterly installments through Feb 2028) to improve liquidity. Terminated Mesa lease to realize ~$20.7M cash savings going forward and recognized a $9.9M nonoperating gain related to that termination. Launched ATM program generating $2.4M net proceeds in 2025.
Product Portfolio Expansion — Hubs and Powertrains
Hub product deployed to utilities and fleets; new hub configurations (210–630 kWh) announced with first 420 kWh variant shipping in Q1 2026. Powertrain business expanded: 15 kits shipped to Blue Bird in Q4 and nearly 100 additional orders since Q2; V2G capability announced for newer vehicles.
Manufacturing & Supply Chain Execution
Tennessee facility expanded with dedicated Blue Bird kit line and hub production capability; demonstrated higher throughput (up to ~3 units/day at times). Supply chain actions (localization, dual sourcing, pre-tariff battery pricing) delivered direct material cost reductions and maintained supply continuity.
XOS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
XOS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 26, 2026 | $2.05 | $1.68 | -18.05% |
Nov 13, 2025 | $2.52 | $2.43 | -3.57% |
Aug 13, 2025 | $3.49 | $3.78 | +8.31% |
May 14, 2025 | $3.77 | $3.53 | -6.37% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Xos (XOS) report earnings?
Xos (XOS) is schdueled to report earning on May 20, 2026, After Close (Confirmed).
What is Xos (XOS) earnings time?
Xos (XOS) earnings time is at May 20, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is XOS EPS forecast?
Currently, no data Available