Xos Inc Stock Price, News & Analysis

- Achieved positive gross margin of 20% - Reduced operating expenses by $2.6M (19.6% YoY) - Cash position decreased to $4.8M from $11.0M in Q4 2024 - Net loss of $10.2M vs $11.0M in Q1 2024

For 2025, Xos forecasts:

• Revenue: $50.2M to $65.8M
• Unit deliveries: 320-420 units
• Non-GAAP operating loss: $17.2M to $14.0M

Xos Inc. (NASDAQ: XOS), a leading electric truck manufacturer and fleet services provider, has scheduled its first quarter 2025 earnings release for Wednesday, May 14, 2025, after U.S. market close. The company will host a conference call at 4:30 p.m. ET / 1:30 p.m. PT to discuss the results.

Interested parties can access the call via webcast or by dialing U.S. toll-free (1-833-816-1411) or international (1-412-317-0507) numbers. An audio replay will be available through midnight on May 14, 2025, accessible via phone using access code 10199729 or through the company's website.

Xos reported strong financial results for 2024, marking a significant turnaround with its first-ever positive Free Cash Flow of $3.3 million. The electric truck manufacturer achieved revenue growth of 25% year-over-year, reaching $56.0 million, up from $44.5 million in 2023.

Key highlights include delivery of 297 units (up from 283 in 2023), improved GAAP gross margins from -2.9% to +7.1%, and enhanced non-GAAP gross margins from -5.2% to +18%. Operating expenses were reduced by $13.8 million (21.7%) compared to 2023.

The company secured its largest customer order of 193 units from UPS for 2025 delivery and launched the next-generation Xos Hub, with its largest hub order of 19 units from Caltrans. Notable partnerships include Blue Bird for electric powertrains in school buses and commercial chassis, and Winnebago for mobile medical fleets.

Xos, a leading electric truck manufacturer and fleet services provider, has scheduled its Q4 2024 earnings release for Friday, March 28, 2025, after U.S. market close. The company will host a conference call at 4:30 p.m. EDT/1:30 p.m. PDT to discuss the financial results.

An audio replay will be available following the call through midnight on March 28, 2025, accessible via 1-844-512-2921 (domestic) or 1-412-317-6671 (international) with access code 10197245. A webcast replay will also be archived on the company's website.

Xos, Inc. (NASDAQ: XOS) has announced that its Xos Hub™, a mobile energy storage system and DC fast charger, has been added to the General Services Administration (GSA) Schedule. This listing enables federal agencies and authorized customers to streamline procurement of the Xos Hub through GSA Advantage, the government's online shopping platform.

The Xos Hub offers a unique solution for fleet electrification, allowing organizations to bypass traditional charging infrastructure deployment delays. The system can be delivered and made operational in a single day, avoiding common obstacles such as local building authority approvals and utility upgrades.

Xos has received a purchase order from Crown Linen Service for two fully electric 22' stepvans, marking Crown Linen's commitment to sustainability and environmental responsibility. The Xos SV stepvans, featuring zero tailpipe emissions, are designed to deliver long-term total cost of ownership savings while supporting Crown Linen's energy efficiency initiatives. This partnership represents another step forward in the uniform and linen industry's transition to electric vehicles, combining environmental benefits with operational efficiency.

Xos Inc reported Q3 2024 financial results with revenues of $15.8 million, slightly up from $15.5 million last quarter but down from $16.7 million year-over-year. The company delivered 94 units and achieved gross margins of 18.1%, marking their fifth consecutive quarter of positive gross margins. Notable developments include the start of serial production of Xos Hub mobile charger units in Tennessee. The company maintains strategic partnerships with Blue Bird, Winnebago, UPS, and FedEx Ground. Xos revised its 2024 outlook, projecting revenue between $54.1-67.6 million and unit deliveries of 320-400 units.

Xos, a leading electric truck manufacturer and fleet services provider, has scheduled its third quarter 2024 earnings release for Wednesday, November 13, 2024, after U.S. market close. Management will host a conference call at 4:30 p.m. EDT to discuss the results. The earnings call will be accessible via webcast and telephone, with replay options available until November 27, 2024, through both audio dial-in and the company's website.

Xos, a leader in electric commercial vehicles, has launched the 2025 Xos SV Stepvan with new wheelbase options of 158" and 208", alongside the existing 178". These additions enhance flexibility for fleet operators, catering to diverse needs such as urban deliveries and larger shipments. The Xos SV Stepvan now offers five body lengths from 14 to 22 feet. CEO Dakota Semler highlights the importance of customization in supporting unique operational requirements. Key features include efficient battery performance, high cargo capacity, and minimal maintenance, making it a versatile choice across various industries. The new models are available for order now.