---
schema_version: "secwatch.filing_event.v1"
accession: "0001819493-23-000062"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T10:53:29.098072+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xos reports 2022 revenue $36.4M (up 6x YoY), net loss $73.3M; expects gross margin positive units by Q2 2023

## Summary
- Revenue $36.4M in 2022 vs $5.0M in 2021; deliveries 275 units vs 44.
- Gross loss $30.0M; net loss $73.3M vs net income $23.4M in 2021.
- Non-GAAP operating loss $92.5M; cash and equivalents $89.3M (down from $168.7M).
- Expects to begin delivering gross margin positive units in Q2 2023.
- Subsequent to year end: 150-vehicle order from Loomis; introduced Next-Gen 2023 Stepvan.

## SEC filing metadata
- accession: 0001819493-23-000062
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000062/0001819493-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000062/xos-20230329.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819493-23-000062
- JSON: https://secwatch.observer/filing/0001819493-23-000062.json
- Plain text: https://secwatch.observer/filing/0001819493-23-000062.txt

## Key facts
- Earnings Releases
  Xos, Inc. reported financial results for fourth quarter and year ended December 31, 2022.
  - Period: fourth quarter and year ended December 31, 2022
  - Result: reported results
  source text: On March 29, 2023, Xos, Inc. (the “Company”) issued a press release announcing its financial position as of December 31, 2022, results of operations for the three months and year ended December 31, 2022 and other related information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949323000062/0001819493-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.