Xos, Inc.

XOSNASDAQIndustrials● Active

$4.78

+$0.04(+0.84%)

Market Cap$48922573

P/E Ratio—

52W High$8.27

52W Low$1.6

Avg Volume2.2M

Open$4.00

Beta1.83

Free Cash Flow Financials Revenue

Xos, Inc. (XOS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

XOS · free cash flow · updated Jun 8, 2026

Core FCF metrics

XOS · FCF · TTM · margin & CAGR

Free cash flow was $5.4M for FY2025 (fiscal year ending 2025-12-31), up 110.9% year-over-year The FCF margin was 11.7%.

FY2025 Free Cash Flow$5.4M▲ +110.9% YoY

Trailing 12M (TTM)$8.5Mtrailing 4 quarters sum

FCF Margin11.7%$5.4M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

XOS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$5.4M(0M)$5.4M▲ +110.9%11.7%

FY2024−$48.8M(0M)−$49.1M▼ 20.7%-87.7%

FY2023−$39.3M(1M)−$40.7M▲ +71.4%-91.3%

FY2022−$128.0M(14M)−$142.1M▼ 51.4%-390.6%

FY2021−$88.9M(5M)−$93.8M▼ 636.1%—

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

XOS · P/FCF · FCF yield · FCF per share

Xos, Inc. (XOS) trades at a FCF yield of 17.70% and a price-to-free-cash-flow ratio of 5.3x. FCF per share stands at $0.91, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

17.70%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$0.91

TTM FCF ÷ Shares Outstanding

Price / FCF

x5.3

Share Price ÷ FCF per Share

EV / FCF (TTM)

x5.7

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

XOS · cash flow statement · operating / investing / financing

For FY2025, Xos, Inc. generated $5.4M in operating cash flow and spent 0M in capital expenditures, yielding $5.4M in free cash flow.

Operating Activities

+$5.4M

Cash from core business operations

2025-12-31

Investing Activities

+$0.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.4M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($5.4M) − |CapEx| (0M) = FCF ($5.4M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Industrials)

XOS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Xos, Inc.YOU

XOS

$5.4M+110.9%11.7%

Space Exploration Technologies Corp.

SPCX

−$13.95B-159.0%-74.7%

Loss

Industrials · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Xos, Inc. (XOS) reported free cash flow of $5.4M for FY2025 (fiscal year ending 2025-12-31), up 110.9% year-over-year. The FCF margin was 11.7%.

Based on available data, Xos, Inc. has maintained positive free cash flow for at least 1 fiscal year(s). FCF peaked at $5.4M in FY2025.

Xos, Inc.'s FCF yield is 17.70% and price-to-FCF ratio is 5.3x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

XOS free cash flow · 8 questions

Xos, Inc. free cash flow was $5.4M for FY2025, up 110.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $8.5M.

XOS free cash flowXOS FCFXOS FCF 2025XOS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Xos, Inc. · Xos, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026