Xos Inc
NASDAQ:XOS

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Xos Inc
NASDAQ:XOS
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Price: 8.45 USD -2.65% Market Closed
Updated: May 18, 2024

Gross Margin
Xos Inc

-2.9%
Current
-38%
Average
27%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-2.9%
=
Gross Profit
-1.3m
/
Revenue
44.5m

Gross Margin Across Competitors

Country US
Market Cap 65.5m USD
Gross Margin
-3%
Country US
Market Cap 174.3B USD
Gross Margin
37%
Country US
Market Cap 55.6B USD
Gross Margin
24%
Country SE
Market Cap 577.9B SEK
Gross Margin
27%
Country US
Market Cap 39.1B USD
Gross Margin
24%
Country DE
Market Cap 31.7B EUR
Gross Margin
21%
Country JP
Market Cap 4.6T JPY
Gross Margin
24%
Country US
Market Cap 29.8B USD
Gross Margin
32%
Country CN
Market Cap 204B CNY
Gross Margin
22%
Country JP
Market Cap 4.3T JPY
Gross Margin
31%
Country SE
Market Cap 262.9B SEK
Gross Margin
38%

Profitability Report

View the profitability report to see the full profitability analysis for Xos Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
-2.9%
=
Gross Profit
-1.3m
/
Revenue
44.5m
What is the Gross Margin of Xos Inc?

Based on Xos Inc's most recent financial statements, the company has Gross Margin of -2.9%.