Xos Q2 FY26 operating loss widens to $7.9 million; revenue drops to $4.7 million - XOS News | RalliesXos Q2 FY26 operating loss widens to $7.9 million; revenue drops to $4.7 million
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XOS• Q2 results and first-half performance
- 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.
