Feed / XOS

Xos, Inc.

XOS

Industrials · 2.68 -4.3% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Xos, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Company-4.3% todayVolume comparison unavailable
Market group0 of 9 activeTax and Financial Services · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
  • XOS's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if XOS's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Industrials · Farm & Heavy Construction Machinery

No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 14 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • XOS's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods6
Price observations320
Usable filing statements78
Verified relationships12
Evidence supporting the case
  • Operating margin changed +10.0 percentage points in the latest annual period.
  • Net margin changed +34.6 percentage points in the latest annual period.
Evidence challenging the case
  • Latest annual revenue changed -17.8% year over year.
  • Diluted shares increased 24.8% in the latest annual period.
Questions before a position
  • EV/sales is 79% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

2.68
6m+25.2%12m-10.4%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$5.0M+91.1%$0.22+49.6%
2022-12-31$36.4M+620.6%$-13.32
2023-12-31$44.5M+22.4%$-13.11-0.4%
2024-12-31$56.0M+25.7%$-6.69+29.6%
2025-12-31$46.0M-17.8%$-2.71+24.8%

What management says matters

Persistent and emerging business drivers

Restructuring and cost reductionsmixed · 4 filings
The change was attributable to (i) $0.4 million less in impairment losses on property and equipment, (ii) $0.1 million less in interest expense, and (iii) $0.1 million related to intercompany accounts payable and currency revaluation reversal in the three mon…
10-Q · May 14, 2026
Credit and interest ratesmixed · 3 filings
The change was attributable to (i) $0.4 million less in impairment losses on property and equipment, (ii) $0.1 million less in interest expense, and (iii) $0.1 million related to intercompany accounts payable and currency revaluation reversal in the three mon…
10-Q · May 14, 2026
Tariffs and trade policypositive · 3 filings
The increase in cost of goods sold is directly attributable to the increase in our product revenue and associated increases of (i) $1.3 million in direct materials, (ii) $0.4 million in identifiable tariff charges, (iii) $0.2 million in direct labor, (iv) $0.…
10-Q · May 14, 2026
Input and raw-material costsmixed · 2 filings
These decreases were offset by increases of (i) $1.8 million related to additional reserves for freight related to a shift in product strategy, (ii) $1.3 million related to warranty reserves, (iii) $1.2 million in identifiable tariff charges, and (vi) $0.5 mi…
10-K · Mar 30, 2026

Valuation discipline

Descriptive valuation snapshot

Price/sales 0.5× · EV/sales 0.2×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.

Price action

How the market is pricing the story

2.68-4.3% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for XOS. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for XOS. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind XOS

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Depends on

FDXFedEx CorporationcustomerMar 30, 2026

FedEx remains an important customer in the Company’s vehicle business, and Xos continues to expand its footprint across additional parcel d elivery, uniform rental, linen, food and beverage, and armored transport customers.

AMZNAmazon.com, Inc.partnerMay 14, 2026

Although there can be no assurance such goals will be maintained, the U.S.

FDXFedEx CorporationpartnerMay 14, 2026

Although there can be no assurance such goals will be maintained, the U.S.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks 12 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

XOS is currently a Follower in the organic co-movement group Tax and Financial Services. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.

This group is retained as the last observed read for XOS; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.