---
schema_version: "secwatch.filing_event.v1"
accession: "0001819493-24-000099"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2024-05-15T23:59:59+00:00"
generated_at: "2026-06-01T23:26:46.188218+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Xos Q1 revenue $13.2M (+180% YoY), gross margin 21.2%, net loss $11.0M

## Summary
- Cash balance surged to $47.3M from $11.6M after ElectraMeccanica acquisition added ~$50.2M.
- Delivered 62 units; revenue $13.2M vs $4.7M a year ago; gross profit $2.8M vs ($0.9M) loss.
- GAAP net loss $11.0M ($24.3M Q1 2023); operating loss $10.2M vs $20.0M prior year.
- Non-GAAP operating loss $9.3M vs $18.9M; non-GAAP gross profit $1.7M vs ($1.8M) loss.

## SEC filing metadata
- accession: 0001819493-24-000099
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2024-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819493/000181949324000099/0001819493-24-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000181949324000099/xos-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819493-24-000099
- JSON: https://secwatch.observer/filing/0001819493-24-000099.json
- Plain text: https://secwatch.observer/filing/0001819493-24-000099.txt

## Key facts
- Earnings Releases
  Xos, Inc. reported financial results for the first quarter ended March 31, 2024.
  - Period: the first quarter ended March 31, 2024
  - Result: reported results
  source text: On May 15, 2024, Xos, Inc. (the “Company”) issued a press release announcing its financial position as of March 31, 2024, results of operations for the three months ended March 31, 2024 and other related information.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819493/000181949324000099/0001819493-24-000099-index.htm

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