Xos, Inc. surged 10.32% in after-hours trading following the release of its Q3 2025 financial results, which highlighted $16.5 million in revenue, a 15.3% gross margin, and a second consecutive quarter of positive free cash flow ($3.1 million). The company also reported a $2.1 million net income, driven by a $9.4 million gain from lease termination, while maintaining its 2025 revenue guidance of $50.2–$65.8 million. These metrics underscored improved profitability and liquidity, despite broader revenue declines for the nine-month period. The after-hours rally reflected investor optimism over Xos’s extended profitability streak and disciplined cost management, with operating expenses dropping 24% year-over-year. The results reinforced confidence in the company’s strategic focus on unit delivery and cash flow generation.
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