Is Xos going out of business?

Xos, Inc. (XOS) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

Xos, Inc. (XOS) scores 23 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: Shares dilution YoY: 47.69% (YoY)

Five questions, kept separate

Survival - Resilient

Recent free cash flow is positive, so there is no current cash-burn countdown. Adjusted shares outstanding increased 47.7% over the comparison year.

Business quality - Poor

-77.9% operating margin and 6.5% FCF margin produce a poor Business Quality assessment.

Trajectory - Mixed

Revenue weakened 26.9%; operating margin improved 0.9pp; FCF margin improved 212.3pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Extreme expectations

-104% normalized FCF yield supports an extreme expectations Valuation assessment on the ttm basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• Shares dilution YoY: 47.69% (YoY)
• Debt / Equity: -0.08x (Net Cash)
• ROE quality: -85.04%
• ROIC: -135.24%
• Asset Efficiency: 0.69x
• R&D intensity: 16.00%
• Revenue growth YoY: -74.23% (Industrial YoY)
• Gross margin (industrial): 12.09%
• Return on Assets: -35.70%
• Revenue CAGR (3Y): 8.13%
• Debt Maturity Runway: 92% long-term (Long-term focused)
• Price / Sales: 1.0x (see Valuation)

Read from filings through 2026-08-13.

Price as of 2026-09-11.