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Xos (XOS) Revenue & Revenue Breakdown

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Xos Revenue Highlights

Latest Revenue (Y)

$44.52M

Latest Revenue (Q)

$13.16M

Main Segment (Y)

Product

Main Geography (Y)

Product

Xos Revenue by Period

Xos Revenue by Year

DateRevenueChange
2023-12-31-22.40%
2022-12-31-620.60%
2021-12-31-91.14%
2020-12-31-130.25%
2019-12-31--

Xos generated $44.52M in revenue during NA 2023, up 22.40% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Xos Revenue by Quarter

DateRevenueChange
2024-03-31--28.37%
2023-12-31-10.06%
2023-09-30-251.20%
2023-06-30-1.21%
2023-03-31--45.20%
2022-12-31--22.14%
2022-09-30-12.72%
2022-06-30-38.90%
2022-03-31-112.93%
2021-12-31-824.93%
2021-09-30--40.10%
2021-06-30--24.84%
2021-03-31--15.91%
2020-12-31--16.18%
2020-09-30--89.78%
2011-09-30--
2001-09-30-131.55%
2001-06-30--

Xos generated $13.16M in revenue during Q1 2024, up -28.37% compared to the previous quarter, and up 153.56% compared to the same period a year ago.

Xos Revenue Breakdown

Xos Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Fleet-As-A Service---
Stepvans And Vehicle Incentives---
Product---
Powertrains---

Xos's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (50.00%), Stepvans And Vehicle Incentives (47.69%), Fleet-As-A Service (1.39%), and Powertrains (0.92%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Stepvans And Vehicle Incentives-----------
Manufactured Product, Other-----------
Ancillary-----------
Automotive Regulatory Credits-----------
Product-----------
Fleet-As-A Service-----------
Powertrains-----------

Xos's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (52.55%), Stepvans And Vehicle Incentives (42.34%), Ancillary (2.61%), Automotive Regulatory Credits (2.10%), and Manufactured Product, Other (0.40%).

Xos Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21
Product--
Powertrains--
Stepvans And Vehicle Incentives--

Xos's latest annual revenue breakdown by geography, as of Dec 22: Product (50.44%), Stepvans And Vehicle Incentives (46.32%), and Powertrains (3.24%).

Xos Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
OSKOshkosh--
TEXTerex--
HYHyster-Yale Materials Handling--
REVGREV Group--
WNCWabash National--
MTWManitowoc Company--
TWITitan--
LNNLindsay--
SHYFShyft Group--
LEVLion Electric Company--
HYFMHydrofarm Group--
XOSXos--
NKLANikola--
ZEVLightning eMotors--

XOS Revenue FAQ

What is Xos’s yearly revenue?

Xos's yearly revenue for 2023 was $44.52M, representing an increase of 22.40% compared to 2022. The company's yearly revenue for 2022 was $36.38M, representing an increase of 620.60% compared to 2021. XOS's yearly revenue for 2021 was $5.05M, representing an increase of 91.14% compared to 2020.

What is Xos’s quarterly revenue?

Xos's quarterly revenue for Q1 2024 was $13.16M, a -28.37% decrease from the previous quarter (Q4 2023), and a 180.22% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $18.38M, a 10.06% increase from the previous quarter (Q3 2023), and a 114.40% increase year-over-year (Q4 2022). XOS's quarterly revenue for Q3 2023 was $16.7M, a 251.20% increase from the previous quarter (Q2 2023), and a 51.67% increase year-over-year (Q3 2022).

What is Xos’s revenue growth rate?

Xos's revenue growth rate for the last 3 years (2021-2023) was 781.99%, and for the last 5 years (2019-2023) was 3781.69%.

What are Xos’s revenue streams?

Xos's revenue streams in c 23 are Fleet-As-A Service, Stepvans And Vehicle Incentives, Product, and Powertrains. Fleet-As-A Service generated $1.21M in revenue, accounting 1.39% of the company's total revenue Stepvans And Vehicle Incentives generated $41.38M in revenue, accounting 47.69% of the company's total revenue, up 30.02% year-over-year. Product generated $43.39M in revenue, accounting 50.00% of the company's total revenue, up 25.17% year-over-year. Powertrains generated $795K in revenue, accounting 0.92% of the company's total revenue, down -64.29% year-over-year.

What is Xos’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Xos was Product. This segment made a revenue of $43.39M, representing 50.00% of the company's total revenue.