Xos Inc
NASDAQ:XOS
Income Statement
Earnings Waterfall
Xos Inc
Income Statement
Xos Inc
| Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||||||||||
| Interest Expense |
3
|
3
|
2
|
1
|
0
|
0
|
0
|
0
|
0
|
3
|
7
|
8
|
12
|
8
|
5
|
4
|
2
|
2
|
2
|
2
|
|
| Revenue |
3
N/A
|
3
+23%
|
3
+6%
|
3
-22%
|
5
+88%
|
11
+124%
|
20
+81%
|
31
+52%
|
36
+17%
|
34
-6%
|
29
-15%
|
35
+20%
|
45
+28%
|
53
+19%
|
64
+20%
|
63
-1%
|
56
-11%
|
49
-13%
|
52
+6%
|
52
+1%
|
|
| Gross Profit | |||||||||||||||||||||
| Cost of Revenue |
(2)
|
(3)
|
(3)
|
(2)
|
(7)
|
(20)
|
(34)
|
(56)
|
(66)
|
(59)
|
(52)
|
(45)
|
(46)
|
(51)
|
(56)
|
(54)
|
(52)
|
(46)
|
(50)
|
(51)
|
|
| Gross Profit |
0
N/A
|
1
+77%
|
0
-38%
|
0
-6%
|
(2)
N/A
|
(8)
-259%
|
(14)
-63%
|
(24)
-78%
|
(30)
-23%
|
(25)
+17%
|
(23)
+6%
|
(11)
+55%
|
(1)
+88%
|
2
N/A
|
8
+243%
|
9
+11%
|
4
-56%
|
2
-40%
|
2
-17%
|
2
-17%
|
|
| Operating Income | |||||||||||||||||||||
| Operating Expenses |
(12)
|
(17)
|
(22)
|
(33)
|
(51)
|
(65)
|
(80)
|
(86)
|
(81)
|
(80)
|
(74)
|
(68)
|
(64)
|
(58)
|
(54)
|
(51)
|
(50)
|
(47)
|
(43)
|
(40)
|
|
| Selling, General & Administrative |
(7)
|
(10)
|
(15)
|
(23)
|
(31)
|
(41)
|
(49)
|
(50)
|
(50)
|
(51)
|
(48)
|
(46)
|
(43)
|
(41)
|
(39)
|
(39)
|
(38)
|
(38)
|
(34)
|
(32)
|
|
| Research & Development |
(5)
|
(7)
|
(7)
|
(9)
|
(20)
|
(25)
|
(31)
|
(36)
|
(31)
|
(28)
|
(26)
|
(22)
|
(20)
|
(17)
|
(15)
|
(13)
|
(11)
|
(9)
|
(9)
|
(8)
|
|
| Depreciation & Amortization |
(0)
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
|
| Operating Income |
(12)
N/A
|
(16)
-38%
|
(22)
-31%
|
(33)
-52%
|
(53)
-62%
|
(74)
-39%
|
(94)
-27%
|
(111)
-18%
|
(111)
0%
|
(105)
+6%
|
(98)
+7%
|
(79)
+19%
|
(65)
+18%
|
(55)
+15%
|
(45)
+18%
|
(42)
+7%
|
(46)
-8%
|
(45)
+2%
|
(41)
+10%
|
(38)
+7%
|
|
| Pre-Tax Income | |||||||||||||||||||||
| Interest Income Expense |
(5)
|
2
|
1
|
3
|
19
|
12
|
17
|
21
|
14
|
11
|
4
|
(3)
|
(12)
|
(7)
|
(4)
|
(4)
|
(2)
|
(2)
|
(2)
|
(2)
|
|
| Non-Reccuring Items |
0
|
(14)
|
(14)
|
(14)
|
(14)
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(4)
|
(5)
|
(5)
|
5
|
|
| Total Other Income |
0
|
(1)
|
(0)
|
48
|
72
|
75
|
90
|
47
|
24
|
21
|
7
|
2
|
2
|
(0)
|
1
|
1
|
2
|
2
|
(0)
|
0
|
|
| Pre-Tax Income |
(17)
N/A
|
(29)
-76%
|
(35)
-18%
|
4
N/A
|
23
+439%
|
13
-43%
|
13
-4%
|
(42)
N/A
|
(73)
-74%
|
(74)
0%
|
(88)
-19%
|
(82)
+7%
|
(76)
+7%
|
(62)
+18%
|
(49)
+22%
|
(45)
+7%
|
(50)
-11%
|
(49)
+2%
|
(47)
+4%
|
(35)
+27%
|
|
| Net Income | |||||||||||||||||||||
| Tax Provision |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
|
| Income from Continuing Operations |
(17)
|
(29)
|
(35)
|
4
|
23
|
13
|
13
|
(42)
|
(73)
|
(74)
|
(88)
|
(82)
|
(76)
|
(63)
|
(49)
|
(45)
|
(50)
|
(49)
|
(47)
|
(35)
|
|
| Net Income (Common) |
(17)
N/A
|
(29)
-76%
|
(35)
-18%
|
4
N/A
|
23
+439%
|
13
-43%
|
13
-4%
|
(42)
N/A
|
(73)
-74%
|
(74)
0%
|
(88)
-19%
|
(82)
+7%
|
(76)
+7%
|
(63)
+18%
|
(49)
+22%
|
(45)
+7%
|
(50)
-11%
|
(49)
+2%
|
(47)
+4%
|
(35)
+27%
|
|
| EPS (Diluted) |
-0.1
N/A
|
-0.18
-80%
|
-0.22
-22%
|
0.03
N/A
|
0.22
+633%
|
0.09
-59%
|
0.09
N/A
|
-0.26
N/A
|
-0.44
-69%
|
-0.44
N/A
|
-0.52
-18%
|
-0.48
+8%
|
-13.11
-2 631%
|
-10.23
+22%
|
-6.18
+40%
|
-5.63
+9%
|
-6.69
-19%
|
-6.1
+9%
|
-5.69
+7%
|
-3.54
+38%
|
|