XTIA - XTI Aerospace, Inc. Stock Analysis | Stock Taper
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XTI Aerospace, Inc.

XTIA

XTI Aerospace, Inc. NASDAQ
$1.81 -12.56% (-0.26)

Market Cap $29.56 M
52w High $7.43
52w Low $1.22
P/E -1.76
Volume 9.53M
Outstanding Shares 16.33M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $27.7M $15.54M $-35.31M -127.5% $-0.91 $-10.39M
Q4-2025 $18.92M $12.34M $-21.59M -114.07% $-0.67 $-5.57M
Q3-2025 $2.48M $15.89M $-13.45M -541.3% $-0.61 $-13.33M
Q2-2025 $600K $7.46M $-20.86M -3.48K% $-2.93 $-20.73M
Q1-2025 $484K $10.21M $-12.87M -2.66K% $-3.81 $-12.49M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $15.19M $78.34M $91.97M $-23.91M
Q4-2025 $16.7M $81.25M $50.8M $20.44M
Q3-2025 $32.2M $47.93M $35.73M $12.2M
Q2-2025 $20.05M $35.45M $22.08M $13.37M
Q1-2025 $8.01M $27.13M $12.79M $14.34M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $-32.02M $-10.45M $-825K $9.51M $-1.51M $-10.59M
Q4-2025 $-14.62M $-6.25M $-18.64M $9.64M $-15.5M $-6.34M
Q3-2025 $-13.45M $-8.37M $-23K $20.88M $12.15M $-8.4M
Q2-2025 $-20.86M $-6.74M $-58K $18.52M $12.04M $-6.8M
Q1-2025 $-12.87M $-15.24M $-45K $19.17M $3.9M $-15.29M

Q3 2023 Earnings Call Summary

Read Call Summary

5-Year Trend Analysis

A comprehensive look at XTI Aerospace, Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

XTIA’s key strengths lie in its differentiated dual strategy and its current financial flexibility. The TriFan 600 offers a distinct concept targeting regional, point‑to‑point mobility, while Drone Nerds provides an established commercial platform in a growing drone market. The company currently holds more cash than debt, has positive working capital, and has demonstrated an ability to raise financing, all of which buy time to pursue its ambitious roadmap. Patents, scale in drone distribution, and moves toward NDAA‑compliant systems add strategic depth.

! Risks

The main risks are financial, operational, and competitive. XTIA is deeply unprofitable, burns cash from operations, and shows an unusual balance sheet with no reported equity buffer, leaving it reliant on ongoing external capital. Long development timelines for the TriFan 600, regulatory and certification hurdles, and intense competition in both VTOL and drones add substantial execution risk. Any setback in fundraising, program milestones, or Drone Nerds’ performance could materially strain the business.

Outlook

Overall, XTIA looks like a high‑risk, high‑uncertainty aerospace and defense platform still in the build‑out phase. The near‑term financial picture is likely to remain weak, with continued losses and negative free cash flow, while the strategic story depends on successful execution of aircraft development, drone expansion, and defense initiatives over several years. The company’s future will be shaped by its ability to turn today’s innovation investments and distribution reach into durable, cash‑generating franchises before its financial flexibility narrows.