XTI Aerospace, Inc. (XTIA) Financial Statements
Industry: Computer Programming Services (Services)
In fiscal 2025, XTI Aerospace reported revenue of $22.5M, up 602.4% from $3.2M the year before. Net income was -$68.8M (a -305.7% net margin), or -$4.24 per diluted share. Gross margin was 21.9% and operating margin was -190.4%. Operating activities generated -$36.6M of cash, leaving -$36.8M of free cash flow. At fiscal year end, XTI Aerospace held $81.2M in total assets against $50.8M in total liabilities, including $16.7M of cash and equivalents.
Open the full interactive XTI Aerospace financials → Quarterly statements, key ratios, valuation history and price charts.
XTI Aerospace Key Stats
| Share Price | $0.91 |
|---|---|
| Market Cap | $32.1M |
| Revenue YoY Growth | +602.4% |
| 52-Week Range | $0.72 – $3.06 |
| Shares Outstanding | 35.3 million (basic, 2026 Q1) |
XTI Aerospace Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $9.3M | $16.0M | $19.4M | $4.6M | $3.2M | $22.5M |
| Gross Profit | $6.7M | $11.6M | $13.9M | $3.1M | $1.9M | $4.9M |
| Operating Income | -$23.8M | -$72.6M | -$56.7M | -$26.9M | -$37.0M | -$42.8M |
| Pre-Tax Income | -$29.3M | -$71.5M | -$66.4M | -$34.3M | -$35.6M | -$53.0M |
| Income Tax | -$56,000 | -$1.4M | -$65,000 | $24,000 | $16,000 | -$10,000 |
| Net Income | -$29.2M | -$69.2M | -$63.4M | -$45.9M | -$35.6M | -$68.8M |
| Diluted EPS | -$1893750.00 | -$1350000.00 | -$853000.00 | -$19105.00 | -$162.78 | -$4.24 |
XTI Aerospace Quarterly Results
| 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 | |
|---|---|---|---|---|
| Revenue | $600,000 | $2.5M | $18.9M | $27.7M |
| Net Income | -$20.9M | -$13.4M | -$21.6M | -$35.3M |
| Diluted EPS | -$2.93 | -$0.61 | -$1.32 | -$1.00 |
XTI Aerospace Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.0M | $52.5M | $20.2M | $6.3M | $4.1M | $16.7M |
| Current Assets | $30.3M | $106.0M | $29.9M | $20.5M | $8.6M | $51.8M |
| Total Assets | $59.0M | $156.7M | $57.6M | $23.8M | $24.3M | $81.2M |
| Current Liabilities | $12.1M | $27.1M | $24.7M | $16.9M | $17.4M | $47.6M |
| Total Long-Term Debt | — | — | — | — | $65,000 | $450,000 |
| Total Liabilities | $14.3M | $28.5M | $25.5M | $17.0M | $17.7M | $50.8M |
| Shareholders' Equity | $44.6M | $81.8M | $32.2M | $6.3M | $6.6M | $17.7M |
XTI Aerospace Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$20.6M | -$37.1M | -$34.0M | -$29.2M | -$22.3M | -$36.6M |
| Cash From Investing | -$23.5M | -$53.5M | $36.4M | -$5.9M | $2.9M | -$18.8M |
| Cash From Financing | $57.3M | $125.0M | -$34.6M | $22.2M | $23.6M | $68.2M |
| Free Cash Flow | -$21.6M | -$37.5M | -$34.2M | -$29.4M | -$22.4M | -$36.8M |
Figures from XTI Aerospace's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full XTI Aerospace financials page for every line item.
XTI Aerospace Company Profile
| Ticker | XTIA |
|---|---|
| Exchange | Nasdaq |
| Industry | Computer Programming Services (Services) |
| Headquarters | Las Colinas, Texas |
| Incorporated in | Nevada |
| Fiscal Year End | December 31 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001529113 |
Frequently Asked Questions
What was XTI Aerospace's revenue in fiscal 2025?
XTI Aerospace (XTIA) reported revenue of $22.5M for fiscal 2025.
What is XTI Aerospace's annual revenue history?
XTI Aerospace's annual revenue by fiscal year: 2020: $9.3M; 2021: $16.0M; 2022: $19.4M; 2023: $4.6M; 2024: $3.2M; 2025: $22.5M.
What was XTI Aerospace's net income in fiscal 2025?
XTI Aerospace reported net income of -$68.8M for fiscal 2025.
What was XTI Aerospace's earnings per share (EPS) in fiscal 2025?
XTI Aerospace's diluted EPS was -$4.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did XTI Aerospace generate in fiscal 2025?
XTI Aerospace generated -$36.8M of free cash flow in fiscal 2025.
What was XTI Aerospace's revenue last quarter?
In its most recent reported quarter (2026 Q1), XTI Aerospace reported revenue of $27.7M.
How much debt does XTI Aerospace have?
XTI Aerospace reported $450,000 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of XTI Aerospace are outstanding?
XTI Aerospace reported a weighted average of 35.3 million basic shares outstanding in 2026 Q1.
What is XTI Aerospace's market cap?
Based on its latest closing price, XTI Aerospace (XTIA) has a market capitalization of about $32.1M.
When does XTI Aerospace's fiscal year end?
XTI Aerospace's fiscal year end, as registered with the SEC, is December 31.
Where is XTI Aerospace headquartered?
XTI Aerospace lists its business address in Las Colinas, Texas in its SEC filings.