Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $2.64M | $5.05M | $36.4M | $44.5M | $56.0M | $46.0M |
| Revenue growth | — | 91.1% | 620.6% | 22.4% | 25.7% | -17.8% |
| Gross profit | $300K | -$2.36M | -$30.0M | -$1.29M | $3.96M | $2.72M |
| Gross margin | 11.4% | -46.8% | -82.6% | -2.9% | 7.1% | 5.9% |
| Operating income | -$11.9M | -$53.2M | -$111M | -$65.0M | -$45.9M | -$33.1M |
| Operating margin | -449.5% | -1053.0% | -306.1% | -145.9% | -82.0% | -71.9% |
| Net income | -$16.7M | $23.4M | -$73.3M | -$75.8M | -$50.2M | -$25.3M |
| Net margin | -631.1% | 463.6% | -201.6% | -170.3% | -89.6% | -55.1% |
| EPS (diluted) | -$0.23 | $0.22 | -$13.32 | -$13.11 | -$6.69 | -$2.71 |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Operating cash flow | -$12.3M | -$88.9M | -$128M | -$39.3M | -$48.8M | $5.37M |
| Capital expenditures | $407K | $4.92M | $14.1M | $1.39M | $304K | $0.00 |
| Free cash flow | -$12.7M | -$93.8M | -$142M | -$40.7M | -$49.1M | $5.37M |
| Share buybacks | $3.00K | $0.00 | — | — | — | — |
| Fiscal year | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $10.4M | $16.1M | $35.6M | $11.6M | $11.0M | $14.0M |
| Total assets | $13.8M | $229M | $190M | $93.7M | $98.3M | $60.4M |
| Total liabilities | $33.1M | $54.3M | $77.9M | $48.5M | $64.7M | $37.1M |
| Shareholders' equity | -$27.2M | $174M | $112M | $45.2M | $33.6M | $23.3M |
| Retained earnings | -$27.5M | -$4.09M | -$77.4M | -$153M | -$203M | -$229M |
| Shares (wtd avg diluted) | 72.0M | 108M | 5.81M | 5.79M | 7.50M | 9.36M |
Every figure is extracted from Xos, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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