Short answer
Xos, Inc. (XOS) filed its Q1 2026 10-Q quarterly report on May 14, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $11M (up 90.9% year over year) with net income of −$5M.
Q1 2026 key financials · XBRL
- Revenue
- $11M
- +90.9% YoY
- Net income
- −$5M
- +51.4% YoY
- Operating margin
- -41.7%
- Gross margin
- 38.6%
- EPS (diluted)
- −$0.43
- +65.9% YoY
Source: XBRL data from the Xos, Inc. (XOS) Q1 2026 10-Q on SEC EDGAR. USD.
Xos, Inc. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Q1 revenue $11.2M, up 91% YoY from $5.9M
- Gross profit $4.3M, up 258% YoY from $1.2M
- Powertrains and hubs revenue $9.1M, up 473% YoY; stepvans revenue $1.6M, down 55%
- Cash and equivalents $9.8M; operating cash use $1.6M; quarterly net loss $5.0M
- Persistent tariff volatility, component shortages, and ongoing capital needs as near-term headwinds
Risk Factors
- No material changes to risk factors since the 2025 Form 10-K
- Carried-forward risks remain the most significant disclosed risks
- No newly triggered regulatory, legal, or compliance risk identified
- No quarter-specific operational, competitive, market, liquidity, debt, currency, or concentration risk updates disclosed
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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