XTIA
XTI Aerospace, Inc.
NASDAQ: XTIA · INDUSTRIALS · AEROSPACE & DEFENSE
$1.91
+3.24% today
Updated 2026-04-30
Market cap
$69.71M
P/E ratio
—
P/S ratio
3.10x
EPS (TTM)
$-3.28
Dividend yield
—
52W range
$1 – $7
Volume
2.2M
XTI Aerospace, Inc. (XTIA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $53.17M | $3.94M | $3.76M | $6.30M | $9.30M | $15.99M | $6.11M | $4.56M | $3.20M | $22.49M |
| Revenue growth (YoY) | — | -92.6% | -4.5% | +67.8% | +47.5% | +72.0% | -61.8% | -25.3% | -29.8% | +602.4% |
| Cost of revenue | $42.57M | $6.03M | $5.86M | $6.76M | $6.24M | $8.84M | $3.01M | $38000.00 | $1.94M | $17.96M |
| Gross profit | $10.60M | $-2.09M | $-2.11M | $-458000.00 | $3.06M | $7.15M | $3.10M | $-38000.00 | $1.27M | $4.53M |
| Gross margin | 19.9% | -53.2% | -56.1% | -7.3% | 32.9% | 44.7% | 50.8% | -0.8% | 39.5% | 20.2% |
| R&D | $2.28M | $964000.00 | $1.23M | $3.89M | $6.52M | $14.12M | $4.48M | $1.38M | $4.00M | $5.24M |
| SG&A | — | — | $1.71M | $3.33M | — | $14.27M | $14.05M | $14.97M | $22.02M | $32.84M |
| Operating income | $-16.52M | $-14.44M | $-17.66M | $-30.16M | $-25.11M | $-49.23M | $-17.35M | $-5.74M | $-27.98M | $-40.97M |
| Operating margin | -31.1% | -366.9% | -470.1% | -478.7% | -270.1% | -307.8% | -284.0% | -125.9% | -873.9% | -182.2% |
| EBITDA | $-10.86M | $-9.64M | $-12.87M | $-25.01M | $-21.48M | $-42.11M | $-14.38M | $-5.71M | $-27.01M | $-40.32M |
| EBITDA margin | -20.4% | -245.0% | -342.7% | -396.9% | -231.1% | -263.3% | -235.4% | -125.1% | -843.6% | -179.3% |
| EBIT | $-16.52M | $-14.44M | $-17.66M | $-30.16M | $-25.11M | $-49.23M | $-17.35M | $-5.74M | $-27.98M | $-40.97M |
| Interest expense | $1.74M | $1.88M | $1.24M | $2.28M | $2.43M | $691933.00 | $600000.00 | $4.73M | $1.16M | $270000.00 |
| Income tax | — | — | — | $-584000.00 | $-56000.00 | $-1.41M | $-181000.00 | $24000.00 | $16000.00 | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 1.7% | 0.2% | 2.0% | 0.3% | -0.1% | -0.0% | 0.0% |
| Net income | $-27.11M | $-35.01M | $-24.57M | $-33.99M | $-29.23M | $-69.16M | $-63.39M | $-25.07M | $-35.60M | $-68.76M |
| Net income growth (YoY) | — | -29.1% | +29.8% | -38.3% | +14.0% | -136.6% | +8.3% | +60.5% | -42.0% | -93.1% |
| Profit margin | -51.0% | -889.8% | -654.2% | -539.5% | -314.4% | -432.4% | -1037.7% | -549.5% | -1111.9% | -305.7% |