Quick Answer
Xos, Inc. reported R&D Expense of $8.00 million for fiscal year 2025.
Xos, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $8.00M | -24.7% |
| 2024 | $10.63M | -45.8% |
| 2023 | $19.59M | -36.1% |
| 2022 | $30.68M | +52.8% |
| 2021 | $20.08M | +186.2% |
| 2020 | $7.01M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $2.10M | -19.8% | +0.7% |
| June 30, 2025 | $2.09M | -30.4% | +8.1% |
| March 31, 2025 | $1.93M | -37.2% | -26.3% |
| September 30, 2024 | $2.62M | -42.0% | -12.6% |
| June 30, 2024 | $3.00M | -42.1% | -2.5% |
| March 31, 2024 | $3.07M | -46.5% | -31.9% |
| September 30, 2023 | $4.52M | -47.3% | -12.8% |
| June 30, 2023 | $5.18M | -32.1% | -9.9% |
- Xos, Inc. showed a decrease of -24.7% in R&D Expense compared to the prior fiscal year.
- Over the 2020–2025 period, Xos, Inc.’s r&d expense has grown by 14.0% (from $7.01 million to $8.00 million).
- The most recent figure is from Xos, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 30, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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