Xos, Inc. Reports Record-Breaking 2024 with Growing Unit Deliveries and Highest-Ever Gross Profit
Xos, Inc. (XOS)
Company Research
Source: GlobeNewswire
Achieved $3.3 million of net cash provided by operating activities, and our first quarter of positive Free Cash Flow of $3.3 million Achieved positive gross margins of approximately 7% and approximately 18% non-GAAP gross margins, for the full year 2024 Exceeded 25% revenue growth year-over-year from 2023 to 2024 LOS ANGELES, March 28, 2025 (GLOBE NEWSWIRE) -- Xos, Inc. (NASDAQ: XOS) (“Xos” or the “Company”), a leading electric truck manufacturer and fleet services provider, today reported financial results for the fourth quarter and year ended December 31, 2024. Fourth Quarter and Full Year 2024 Highlights: 2024 revenue increased to $56.0 million, up from $44.5 million in 2023Delivered 297 units, up from 283 units in 2023Improved
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XOS
Earnings
- 3/28/25 - Miss
XOS
Sec Filings
- 3/31/25 - Form 10-K
- 3/28/25 - Form 8-K
- 3/13/25 - Form 4
- XOS's page on the SEC website