Xos Q2 FY26 operating loss widens to $7.9 million; revenue drops to $4.7 million

• Xos posted Q2 revenue of $4.7 million as gross margin rose 3.2 percentage points to 12.1% year over year.
• Net loss narrowed to $6.89 million, while GAAP operating loss widened to $7.95 million from Q2 2025.
• Non-GAAP operating loss narrowed 9.5% to $6.2 million; operating expenses fell 2.1% to $8.5 million.
• First-half GAAP gross margin rose to 31% from 11.8%, while the operating loss narrowed 22.8% to $12.6 million.
• 2026 revenue outlook cut to $35 million-$43 million; launched the 3.1 MWh Power Hub to target data center demand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xos Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608131610PRIMZONEFULLFEED9809813) on August 13, 2026, and is solely responsible for the information contained therein.