XTI Aerospace, Inc. (XTIA)
Q4-CY2025Q3-CY2025Q2-CY2025Q1-CY2025Q4-CY2024Q3-CY2024Q2-CY2024Q1-CY2024Q4-CY2023Q3-CY2023Q2-CY2023Q1-CY2023Q4-CY2022Q3-CY2022Q2-CY2022Q1-CY2022Q4-CY2021Q3-CY2021Q2-CY2021Q1-CY2021Q4-CY2020Q3-CY2020Q2-CY2020Q1-CY2020Q4-CY2019Q3-CY2019Q2-CY2019Q1-CY2019Q4-CY2018Q3-CY2018Q2-CY2018Q1-CY2018Q4-CY2017Q3-CY2017Q2-CY2017Q1-CY2017Q4-CY2016Q3-CY2016Q2-CY2016Q1-CY2016Q4-CY2015Q3-CY2015Q2-CY2015Q1-CY2015Q4-CY2014Q3-CY2014Q2-CY2014Q1-CY2014Q4-CY2013
Balance Sheet Date2025-Sep-302025-Jun-302025-Mar-312024-Dec-312024-Sep-302024-Jun-302024-Mar-312023-Dec-312023-Sep-302023-Jun-302023-Mar-312022-Dec-312022-Sep-302022-Jun-302022-Mar-312021-Dec-312021-Sep-302021-Jun-302021-Mar-312020-Dec-312020-Sep-302020-Jun-302020-Mar-312019-Dec-312019-Sep-302019-Jun-302019-Mar-312018-Dec-312018-Sep-302018-Jun-302018-Mar-312017-Dec-312017-Sep-302017-Jun-302017-Mar-312016-Dec-312016-Sep-302016-Jun-302016-Mar-312015-Dec-312015-Sep-302015-Jun-302015-Mar-312014-Dec-312014-Sep-302014-Jun-302014-Mar-31
Fiscal PeriodQ3-FY2025Q2-FY2025Q1-FY2025Q4-FY2024Q3-FY2024Q2-FY2024Q1-FY2024Q4-FY2023Q3-FY2023Q2-FY2023Q1-FY2023Q4-FY2022Q3-FY2022Q2-FY2022Q1-FY2022Q4-FY2021Q3-FY2021Q2-FY2021Q1-FY2021Q4-FY2020Q3-FY2020Q2-FY2020Q1-FY2020Q4-FY2019Q3-FY2019Q2-FY2019Q1-FY2019Q4-FY2018Q3-FY2018Q2-FY2018Q1-FY2018Q4-FY2017Q3-FY2017Q2-FY2017Q1-FY2017Q4-FY2016Q3-FY2016Q2-FY2016Q1-FY2016Q4-FY2015Q3-FY2015Q2-FY2015Q1-FY2015Q4-FY2014Q3-FY2014Q2-FY2014Q1-FY2014
Total Revenue2,484,000$600,000$484,000$1,033,000$918,000$1,031,000$220,000$(2,615,000$)2,016,000$2,057,000$3,104,000$11,758,000$2,435,000$2,576,000$2,649,000$5,138,000$4,450,000$3,453,000$2,954,000$3,863,000$2,554,000$1,076,000$1,804,000$1,914,000$1,534,000$1,491,000$1,363,000$1,129,000$940,000$839,000$2,095,000$4,632,000$11,924,000$15,096,000$13,481,000$14,508,000$11,240,000$13,332,000$14,087,000$20,263,000$14,874,000$17,697,000$14,122,000$15,201,000$14,283,000$17,144,000$16,320,000$16,480,000$
QoQ%314.00%23.97%(53.15%)12.53%(10.96%)368.64%108.41%(229.71%)(1.99%)(33.73%)(73.60%)382.88%(5.47%)(2.76%)(48.44%)15.46%28.87%16.89%(23.53%)51.25%137.36%(40.36%)(5.75%)24.77%2.88%9.39%20.73%20.11%12.04%(59.95%)(54.77%)(61.15%)(21.01%)11.98%(7.08%)29.08%(15.69%)(5.36%)(30.48%)36.23%(15.95%)25.32%(7.10%)6.43%(16.69%)5.05%(.97%)18.21%
YoY%170.59%(41.80%)120.00%139.50%(54.46%)(49.88%)(92.91%)(122.24%)(17.21%)(20.15%)17.18%128.84%(45.28%)(25.40%)(10.33%)33.01%74.24%220.91%63.75%101.83%66.49%(27.83%)32.36%69.53%63.19%77.71%(34.94%)(75.63%)(92.12%)(94.44%)(84.46%)(68.07%)6.09%13.23%(4.30%)(28.40%)(24.43%)(24.67%)(.25%)33.30%4.14%3.23%(13.47%)(7.76%)2.45%15.92%204.39%
Cost Of Revenue1,407,000$117,000$149,000$468,000$398,000$369,000$79,000$(174,000$)451,000$390,000$791,000$(288,000$)756,000$856,000$797,000$1,408,000$1,186,000$896,000$884,000$1,154,000$645,000$305,000$510,000$500,000$382,000$391,000$337,000$258,000$298,000$256,000$265,000$242,000$267,000$11,712,000$10,193,000$10,070,000$8,142,000$9,888,000$10,140,000$15,065,000$10,486,000$12,001,000$10,075,000$10,767,000$10,008,000$11,465,000$11,970,000$12,462,000$
Gross Profit1,077,000$483,000$335,000$565,000$520,000$662,000$141,000$(2,441,000$)1,565,000$1,667,000$2,313,000$(1,263,000$)1,679,000$1,720,000$1,852,000$3,730,000$3,264,000$2,557,000$2,070,000$2,709,000$1,909,000$771,000$1,294,000$1,414,000$1,152,000$1,100,000$1,026,000$871,000$642,000$583,000$584,000$686,000$604,000$3,384,000$3,288,000$4,438,000$3,098,000$3,444,000$3,947,000$5,198,000$4,388,000$5,696,000$4,047,000$4,434,000$4,275,000$5,679,000$4,350,000$4,018,000$
Gross Margin43.36%80.50%69.22%54.70%56.65%64.21%64.09%93.35%77.63%81.04%74.52%(10.74%)68.95%66.77%69.91%72.60%73.35%74.05%70.07%70.13%74.75%71.65%71.73%73.88%75.10%73.78%75.28%77.15%68.30%69.49%27.88%14.81%5.07%22.42%24.39%30.59%27.56%25.83%28.02%25.65%29.50%32.19%28.66%29.17%29.93%33.13%26.65%24.38%
Operating Expenses15,886,000$11,613,000$10,737,000$10,525,000$4,736,000$14,589,000$9,018,000$(113,000$)2,378,000$4,041,000$1,284,000$(2,567,000$)7,142,000$11,093,000$11,089,000$38,304,000$15,720,000$15,850,000$14,490,000$9,565,000$8,155,000$5,899,000$6,860,000$6,952,000$6,836,000$5,825,000$5,889,000$7,694,000$3,959,000$5,066,000$4,364,000$3,650,000$5,299,000$8,614,000$8,642,000$15,889,000$7,240,000$7,392,000$8,129,000$8,984,000$7,511,000$7,391,000$6,858,000$6,615,000$6,736,000$8,050,000$5,044,000$5,530,000$
Operating Income(14,809,000$)(11,130,000$)(10,402,000$)(9,960,000$)(4,216,000$)(13,927,000$)(8,877,000$)113,000$(2,378,000$)(4,041,000$)(1,284,000$)1,304,000$(5,463,000$)(9,373,000$)(9,237,000$)(34,574,000$)(12,456,000$)(13,293,000$)(12,420,000$)(6,856,000$)(6,246,000$)(5,128,000$)(5,566,000$)(5,538,000$)(5,684,000$)(4,725,000$)(4,863,000$)(6,823,000$)(3,317,000$)(4,483,000$)(3,780,000$)(2,964,000$)(4,695,000$)(5,230,000$)(5,354,000$)(11,451,000$)(4,142,000$)(3,948,000$)(4,182,000$)(3,786,000$)(3,123,000$)(1,695,000$)(2,811,000$)(2,181,000$)(2,461,000$)(2,371,000$)(694,000$)(1,512,000$)
Operating Margin(596.18%)(1,855.00%)(2,149.17%)(964.18%)(459.26%)(1,350.82%)(4,035.00%)(4.32%)(117.96%)(196.45%)(41.37%)11.09%(224.35%)(363.86%)(348.70%)(672.91%)(279.91%)(384.97%)(420.45%)(177.48%)(244.56%)(476.58%)(308.54%)(289.34%)(370.54%)(316.90%)(356.79%)(604.34%)(352.87%)(534.33%)(180.43%)(63.99%)(39.37%)(34.65%)(39.72%)(78.93%)(36.85%)(29.61%)(29.69%)(18.68%)(21.00%)(9.58%)(19.91%)(14.35%)(17.23%)(13.83%)(4.25%)(9.18%)
Interest Income
Interest Expenses222,000$70,000$261,000$3,924,000$303,000$270,000$233,000$535,000$234,000$0$0$8,000$15,000$0$349,000$492,000$537,000$777,000$621,000$224,000$1,190,000$509,000$356,000$260,000$78,000$356,000$1,283,000$1,100,000$694,000$1,344,000$684,000$706,000$639,000$255,000$143,000$108,000$120,000$121,000$99,000$694,000$(95,000$)(104,000$)(108,000$)136,000$
Income Before Tax(13,445,000$)(20,849,000$)(12,887,000$)(13,856,000$)(4,435,000$)(14,698,000$)(2,598,000$)(16,169,000$)(2,703,000$)(4,629,000$)(1,565,000$)7,209,000$(10,872,000$)(8,943,000$)(10,783,000$)(40,910,000$)(34,803,000$)16,701,000$(12,530,000$)(8,264,000$)(7,451,000$)(7,304,000$)(6,255,000$)(17,571,000$)(6,612,000$)(5,231,000$)(5,150,000$)(7,283,000$)(3,395,000$)(5,855,000$)(6,244,000$)(7,901,000$)(14,641,000$)(6,431,000$)(6,056,000$)(13,544,000$)(4,720,000$)(4,175,000$)(4,306,000$)(3,958,000$)(3,172,000$)(1,695,000$)(2,905,000$)(1,853,000$)(2,549,000$)(2,463,000$)(788,000$)(1,630,000$)
Tax Expenses1,000$9,000$(15,000$)0$0$12,000$4,000$(2,464,000$)3,000$7,000$2,478,000$(203,000$)0$22,000$100,000$(2,762,000$)(854,000$)2,195,000$9,000$31,000$0$0$(87,000$)(549,000$)(33,000$)0$0$35,000$
Net Income(13,446,000$)(20,858,000$)(12,872,000$)(13,856,000$)(4,435,000$)(14,710,000$)(2,602,000$)(11,745,000$)(10,848,000$)(7,329,000$)(17,178,000$)(16,424,000$)(17,993,000$)(20,330,000$)(11,557,000$)(38,148,000$)(33,949,000$)14,506,000$(12,539,000$)(8,295,000$)(7,451,000$)(7,303,000$)(6,168,000$)(17,022,000$)(6,579,000$)(5,231,000$)(5,149,000$)(7,283,000$)(5,180,000$)(5,855,000$)(6,244,000$)(7,901,000$)(14,641,000$)(6,431,000$)(6,056,000$)(14,302,000$)(4,720,000$)(4,175,000$)(4,306,000$)(3,959,000$)(3,172,000$)(1,695,000$)(2,905,000$)(1,818,000$)(2,549,000$)(2,463,000$)(823,000$)(1,630,000$)
Profit Margin(541.30%)(3,476.33%)(2,659.50%)(1,341.34%)(483.12%)(1,426.77%)(1,182.73%)449.14%(538.10%)(356.30%)(553.42%)(139.68%)(738.93%)(789.21%)(436.28%)(742.47%)(762.90%)420.10%(424.48%)(214.73%)(291.74%)(678.72%)(341.91%)(889.34%)(428.88%)(350.84%)(377.77%)(645.08%)(551.06%)(697.86%)(298.04%)(170.57%)(122.79%)(42.60%)(44.92%)(98.58%)(41.99%)(31.32%)(30.57%)(19.54%)(21.33%)(9.58%)(20.57%)(11.96%)(17.85%)(14.37%)(5.04%)(9.89%)
TTM(1,326.49%)(1,714.04%)(1,323.51%)(1,111.90%)7,509.42%(6,120.40%)(1,938.26%)(1,032.44%)(273.46%)(304.45%)(361.92%)(341.46%)(687.83%)(701.98%)(440.71%)(438.45%)(273.62%)(107.45%)(340.65%)(314.26%)(516.39%)(585.84%)(519.06%)(539.21%)(439.41%)(464.01%)(549.45%)(490.95%)(296.03%)(177.74%)(104.36%)(77.61%)(75.32%)(58.00%)(55.66%)(51.73%)(29.12%)(24.96%)(19.62%)(17.52%)(15.49%)(14.63%)(16.03%)(12.16%)(11.62%)(9.16%)(6.28%)(8.97%)
Earnings to Minority29,000$368,000$239,000$710,000$61,000$(22,000$)(464,000$)(363,000$)(305,000$)(1,704,000$)(402,000$)(458,000$)(346,000$)(431,000$)(309,000$)(253,000$)18,000$(10,000$)16,000$19,000$(10,000$)0$5,000$9,000$(5,000$)5,000$4,000$3,000$1,507,000$(4,000$)(4,000$)(4,000$)(4,000$)(377,000$)(4,000$)(4,000$)(4,000$)(3,000$)(4,000$)2,000$(5,000$)(12,000$)(6,000$)(56,000$)(43,000$)(168,000$)
Earnings to Common Shareholders(13,446,000$)(20,858,000$)(12,901,000$)(14,224,000$)(4,674,000$)(15,420,000$)(2,663,000$)(16,169,000$)(2,703,000$)(4,629,000$)(1,565,000$)(14,720,000$)(22,631,000$)(24,857,000$)(17,362,000$)(42,916,000$)(36,602,000$)14,759,000$(12,557,000$)(8,285,000$)(7,467,000$)(7,323,000$)(6,158,000$)(17,022,000$)(6,584,000$)(5,240,000$)(6,395,000$)(16,105,000$)(5,184,000$)(15,585,000$)(7,751,000$)(8,653,000$)(14,637,000$)(6,427,000$)(6,052,000$)(13,925,000$)(4,716,000$)(4,171,000$)(4,302,000$)(3,956,000$)(3,168,000$)(1,697,000$)(2,900,000$)(1,806,000$)(2,543,000$)(2,407,000$)(780,000$)(1,462,000$)
QoQ%35.54%(61.68%)9.30%(204.32%)69.69%(479.05%)83.53%(498.19%)41.61%(195.78%)89.37%34.96%8.96%(43.17%)59.54%(17.25%)(348.00%)217.54%(51.56%)(10.96%)(1.97%)(18.92%)63.82%(158.54%)(25.65%)18.06%60.29%(210.67%)66.74%(101.07%)10.42%40.88%(127.74%)(6.20%)56.54%(195.27%)(13.07%)3.05%(8.75%)(24.87%)(86.68%)41.48%(60.58%)28.98%(5.65%)(208.59%)46.65%(61.19%)
YoY%(187.68%)(35.27%)(384.45%)12.03%(72.92%)(233.12%)(70.16%)(9.84%)88.06%81.38%90.99%65.70%38.17%(268.42%)(38.27%)(418.00%)(390.18%)301.54%(103.91%)51.33%(13.41%)(39.75%)3.71%(5.69%)(27.01%)66.38%17.50%(86.12%)64.58%(142.49%)(28.07%)37.86%(210.37%)(54.09%)(40.68%)(252.00%)(48.86%)(145.79%)(48.35%)(119.05%)(24.58%)29.50%(271.80%)(23.53%)(180.38%)(452.38%)46.52%
Earnings Per Share, Basic(0.61$)(2.93$)(3.81$)(20.66$)(33.40$)(261.99$)(124.05$)1.38$(0.66$)(1.19$)(0.41$)2.46$(10.21$)(12.87$)(9.05$)0.23$(22.31$)0.13$(0.16$)(0.18$)(0.18$)(0.32$)(1.22$)(7.95$)(12.68$)(25.47$)(64.01$)10.96$(4.84$)(43.05$)(73.88$)0.12$(1,858.90$)(81.26$)(0.08$)0.00$0.00$0.00$0.00$0.00$(0.16$)(0.09$)(0.15$)(0.09$)(0.13$)(0.13$)(0.05$)(0.10$)
Earnings Per Share, Diluted(0.61$)(2.93$)(3.81$)(20.66$)(33.40$)(261.99$)(124.05$)1.38$(0.66$)(1.19$)(0.41$)2.46$(10.21$)(12.87$)(9.05$)0.23$(22.31$)0.13$(0.16$)(0.18$)(0.18$)(0.32$)(1.22$)(7.95$)(12.68$)(25.47$)(64.01$)10.96$(4.84$)(43.05$)(73.88$)0.12$(1,858.90$)(81.26$)(0.08$)0.00$0.00$0.00$0.00$0.00$(0.16$)(0.09$)(0.15$)(0.09$)(0.13$)(0.13$)(0.05$)(0.10$)
Unlevered FCF Per Share, Basic(0.38$)(0.95$)(4.52$)(11.64$)(43.95$)(96.00$)(119.16$)0.10$(0.33$)(0.30$)(0.12$)1.18$(3.37$)(2.22$)(8.03$)0.07$(6.07$)(0.08$)(0.07$)(0.12$)(0.14$)(0.26$)(0.90$)(0.77$)(4.82$)(15.08$)(35.12$)2.29$(5.16$)(19.28$)(104.72$)(0.03$)(168.91$)(0.87$)0.02$0.00$0.00$0.00$0.00$0.00$0.02$(0.10$)(0.11$)0.09$(0.04$)(0.28$)(0.02$)(0.01$)
Unlevered FCF Per Share, Diluted(0.38$)(0.95$)(4.52$)(11.64$)(43.95$)(96.00$)(119.16$)0.10$(0.33$)(0.30$)(0.12$)1.18$(3.37$)(2.22$)(8.03$)0.07$(6.07$)(0.08$)(0.07$)(0.12$)(0.14$)(0.26$)(0.90$)(0.77$)(4.82$)(15.08$)(35.12$)2.29$(5.16$)(19.28$)(104.72$)(0.03$)(168.91$)(0.87$)0.02$0.00$0.00$0.00$0.00$0.00$0.02$(0.10$)(0.11$)0.09$(0.04$)(0.28$)(0.02$)(0.01$)
Average Shares, Basic22,065,1417,121,8373,384,736688,504139,94458,85721,467-11,742,3084,116,7003,899,1023,790,106-5,972,4282,216,5441,931,5351,917,629-184,581,4881,640,971110,040,53278,942,69745,794,52041,544,96122,823,9765,038,5152,141,230519,257205,73099,903-1,469,6531,071,310362,060104,915-72,425,0027,87479,08872,364,000-4,860,816,0001,743,451,0001,675,267,0001,673,714,0005,588,970,63619,833,00019,806,77919,765,58519,934,26319,624,33218,641,54614,244,69914,162,403
Average Shares, Diluted22,065,1417,121,8373,384,736688,504139,94458,85721,467-11,742,3084,116,7003,899,1023,790,106-5,972,4282,216,5441,931,5351,917,629-184,582,3341,640,971110,041,37878,942,69745,794,52041,544,96122,823,9765,038,5152,141,230519,257205,73099,903-1,469,6531,071,310362,060104,915-72,425,0027,87479,08872,364,000-4,860,816,0001,743,451,0001,675,267,0001,673,714,0005,588,970,63619,833,00019,806,77919,765,58519,934,26319,624,33218,641,54614,244,69914,162,403
EBIT(13,445,000$)(20,849,000$)(12,887,000$)(13,856,000$)(4,213,000$)(14,628,000$)(2,337,000$)(12,245,000$)(2,400,000$)(4,359,000$)(1,332,000$)7,744,000$(10,638,000$)(8,943,000$)(10,783,000$)(40,902,000$)(34,788,000$)16,701,000$(12,181,000$)(7,772,000$)(6,914,000$)(6,527,000$)(5,634,000$)(17,347,000$)(5,422,000$)(4,722,000$)(4,794,000$)(7,023,000$)(3,317,000$)(5,499,000$)(4,961,000$)(6,801,000$)(13,947,000$)(5,087,000$)(5,372,000$)(12,838,000$)(4,081,000$)(3,920,000$)(4,163,000$)(3,850,000$)(3,052,000$)(1,574,000$)(2,806,000$)(1,159,000$)(2,644,000$)(2,567,000$)(896,000$)(1,494,000$)
EBITDA(13,410,000$)(20,813,000$)(12,855,000$)(13,856,000$)(4,179,000$)(14,594,000$)(2,324,000$)(12,245,000$)(2,400,000$)(4,359,000$)(1,332,000$)7,744,000$(10,638,000$)(8,943,000$)(10,783,000$)(40,902,000$)(34,788,000$)16,701,000$(12,181,000$)(7,772,000$)(6,730,000$)(6,353,000$)(5,424,000$)(17,050,000$)(5,123,000$)(4,426,000$)(4,563,000$)(6,787,000$)(3,023,000$)(4,972,000$)(4,448,000$)(6,243,000$)(13,457,000$)(4,654,000$)(4,971,000$)(12,389,000$)(3,747,000$)(3,633,000$)(3,900,000$)(3,643,000$)(2,866,000$)(1,435,000$)(2,685,000$)(1,062,000$)(2,573,442$)(2,481,000$)(857,000$)(1,453,000$)