---
schema_version: "secwatch.filing_event.v1"
accession: "0001819493-25-000041"
form_type: "8-K"
ticker: "XOS"
cik: "0001819493"
company_name: "Xos, Inc."
filed_at: "2025-03-28T23:59:59+00:00"
generated_at: "2026-05-24T03:13:51.929312+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Xos reports record 2024 revenue $56M, positive GAAP gross margin 7.1%, first positive free cash flow quarter

## Summary
- FY 2024 revenue $56.0M, up 26% from $44.5M; GAAP gross margin improved to +7.1% from -2.9%.
- Non-GAAP gross margin 18% vs -5.2%; net loss narrowed to $50.2M from $75.8M.
- Delivered 297 units (up from 283); largest customer order from UPS for 193 units expected in 2025.
- Q4 2024 net cash from operations $3.3M, first quarter of positive free cash flow.
- Operating expenses reduced $13.8M (-21.7% YoY); cash and restricted cash $11.0M at year-end.

## SEC filing metadata
- accession: 0001819493-25-000041
- form_type: 8-K
- ticker: XOS
- cik: 0001819493
- company_name: Xos, Inc.
- filed_at: 2025-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1819493/000181949325000041/0001819493-25-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819493/000181949325000041/xos-20250328.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001819493-25-000041
- JSON: https://secwatch.observer/filing/0001819493-25-000041.json
- Plain text: https://secwatch.observer/filing/0001819493-25-000041.txt

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