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StocksMedium•26 March 2026•

1 min read

Xos Reports Third Consecutive Quarter of Positive Cash Flow and Halves Annual Losses

Key Facts

1Xos achieved its third consecutive quarter of positive operating and free cash flow.

2The company's cash balance increased 28% year-over-year to $14.0 million at the end of 2025.

3Full-year EBITDA loss was reduced by more than half, from $42.2 million to $21.0 million.

4The company delivered its first production powertrains for Blue Bird school buses.

Xos, Inc. (NASDAQ: XOS) announced its financial results for the fourth quarter and full year 2025, highlighting a significant milestone with three consecutive quarters of positive operating and free cash flow. The company's cash balance grew by 28% year-over-year to reach $14.0 million by the end of 2025, signaling improved financial stability. Notably, Xos managed to reduce its annual EBITDA loss by more than half, dropping from $42.2 million to $21.0 million over the period. This financial turnaround was driven by disciplined execution and a 28.2% reduction in operating expenses, alongside expansion into powertrains and energy storage solutions. The company also delivered its first production powertrains for Blue Bird school buses, marking a key expansion in its fleet electrification partnerships. These results demonstrate a shift toward a sustainable business model, potentially reducing the immediate need for dilutive capital raises in the future.

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