secwatch.observer — SEC 8-K summary
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Issuer:     Xos, Inc. (XOS)
CIK:        0001819493
Form:       8-K
Filed at:   2026-05-14T20:15:00+00:00
Accession:  0001819493-26-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Xos Q1 2026: record 38.6% gross margin, $11.2M revenue, operating loss down 49.5% YoY
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- Revenue $11.2M (up 90% YoY from $5.9M); record gross margin 38.6% vs 20.6% in Q1 2025.
- Operating loss improved 49.5% to $4.7M; non-GAAP operating loss down 67.2% to $2.6M.
- Delivered 95 units (including 63 Blue Bird powertrains), up from 29 units in Q1 2025.
- Operating expenses cut 14% YoY to $9.0M; cash at $9.8M vs $4.8M a year ago.
- Launched Xos Hub 210/420/630 kWh; electric chassis priced at $99,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819493/000181949326000043/0001819493-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819493/000181949326000043/xos-20260514.htm
  HTML page:      https://secwatch.observer/filing/0001819493-26-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer