Xos is trading 12.79% down at $2.25 after its August 13, 2026 second-quarter earnings release reported revenue of $4.7 million versus $12.1 million expected.
- Deliveries totaled 30 units, reflecting deferrals linked to the strategic shift toward powertrain and Hub production.
- Management lowered full-year 2026 revenue guidance to $35–$43 million and reduced delivery expectations, outweighing improved gross margin and lower operating expenses.
- The release followed the scheduled post-market announcement and 4:30 p.m. conference call.