Xos, Inc. (NASDAQ: XOS) has announced its financial results for the fourth quarter and full year ended December 31, 2025, highlighting a strong operational performance. The company achieved its third consecutive quarter of positive operating cash flow and free cash flow, with a reported cash position of $14.0 million, up 28% year-over-year. This financial stability is attributed to a disciplined execution strategy and operational improvements, including a 34.6% reduction in operating expenses compared to the previous year. Xos reported a significant decrease in its full-year EBITDA loss, which was cut by more than half from $42.2 million to $21.0 million. The company also delivered its first production powertrains for Blue Bird school buses, marking a strategic expansion into the school bus market. Despite a decrease in revenue from $56.0 million in 2024 to $46.0 million in 2025, the company delivered 328 units, a 10% increase from the previous year. Xos's focus on cost discipline and operational efficiency positions it well for future growth, with an optimistic outlook for 2026, projecting revenues between $40.0 million and $50.0 million and unit deliveries of 350 to 500 units. The company continues to innovate with its energy storage solutions and electric vehicle offerings, reinforcing its commitment to sustainability and fleet electrification.

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