Company / R&D Expense
Xos, Inc. R&D Expense History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$10.6M
FY2025
5-year range
$7.0M / $30.7M
FY2021-FY2025
Trend
-45.8%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Declined from $31M to $11M over the past 2 years.
Based on SEC 10-K filings.
$11M in FY2025 with a 3-year CAGR of -19.1%.
Declined from $31M to $11M over the past 2 years.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -19.1%
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- 3-year CAGR of -19.1%, indicating a declining trend.
- In FY2025, r&d expense decreased 45.8% year-over-year.
- Peak r&d expense was recorded in FY2023.
- Lowest r&d expense in the period was in FY2021.
Company context
Key Data Points
- Altman Z-Score -0.26 (distress zone, below 1.8 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $10.6M | -45.8% |
| FY2024 | $19.6M | -36.1% |
| FY2023 | $30.7M | +52.8% |
| FY2022 | $20.1M | +186.2% |
| FY2021 | $7.0M | - |
As of FY2025 · SEC 10-K Annual Filings · Last checked Jun 28, 2026