Xos, Inc. Reports Record Revenue and Growth Despite Challenges
ByAinvest
Monday, Sep 1, 2025 1:44 am ET1min read
XOS--
Xos, Inc. reported record revenue of $18.4 million and deliveries of 135 vehicles in Q2, with a GAAP gross margin of 8.8%. The company fulfilled a 200-plus unit order for a single customer and achieved positive free cash flow of $4.6 million. Despite declining gross margins and tariff impacts, Xos reaffirmed its full-year guidance with revenue expected between $50.2 million and $65.8 million and unit deliveries between 320 and 420.
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