Xos Achieves 15.3% Gross Margin and Second Consecutive Quarter of Positive Free Cash Flow in Q3 2025

Xos Inc. reported Q3 2025 financial results, delivering 130 units, generating $16.5 million in revenue, and achieving a 15.3% gross margin. The company also achieved positive free cash flow for the second consecutive quarter and reduced operating expenses by 24% year-over-year. Xos ended the quarter with $14.1 million in cash and cash equivalents, up from $8.8 million in Q2 2025.