Saturday 17 October 2026 Export XTIA’s income statement to Excel — free account

XTI Aerospace, Inc.

XTI Aerospace, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $22.5 million, up 602.4% from fiscal 2024. In the quarter to March 2026, revenue grew 5,622.3%, EPS grew 73.7%, free cash flow grew 30.8% and total debt rose 288.3%, each against the same quarter a year earlier.

0.78 0.02 −2.50%

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Market cap: $30.8M
P/E: 0.0×
Fwd P/E: −1.4×
Dividend yield: —
F-score: 4/9
Altman Z: −3.97
Beneish M: 5.05
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 30.79

Revenue 50.19

Net Income (90.62)

Free Cash Flow (32.12)

Net Debt (4.62)

Current Ratio 0.55

Debt/Equity (0.65)

P/E ratio 0.00

Fwd P/E (1.39)

P/S ratio 0.55

P/B ratio 0.00

Past 5Y EPS Growth —

This Y EPS Growth 60.00%

Next Y EPS Growth 64.62%

Next Y revenue growth 614.54%

Next 5Y EPS Growth 71.12%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 8.52%

10-year low 10-year high

EV/Sales against its own 10 years 5.36%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2018	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	0	4	17	15
Receivables	0	1	12	9
Inventory	2	2	15	19
Other	—	—	—	—
	0	9	52	50

	2023	2024	2025	Q'26
Payables	2	5	5	3
ST’ Debt	7	3	8	11
Other	2	1	26	67
	13	17	48	91

Compound Annual Growth %

	10y	5y	3y
Sales	(10.34%)	19.32%	54.41%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	1.91%	(9.09%)	(4.76%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	28	—	—	—	—
’25	0	1	2	19	22
’24	0	1	1	1	3
’23	3	2	0	4	5
’22	3	3	2	(2)	6
’21	3	3	4	5	16
’20	2	1	3	4	9

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(10)	—	—	—	—
’25	(15)	(7)	(8)	(6)	(37)
’24	(3)	(6)	(6)	(8)	(22)
’23	0	(1)	(1)	(1)	(4)
’22	(15)	(4)	(7)	(7)	(34)
’21	(6)	(9)	(10)	(13)	(37)
’20	(5)	(6)	(5)	(5)	(21)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(11)	—	—	—	—
’25	(15)	(7)	(8)	(6)	(37)
’24	(3)	(6)	(6)	(8)	(22)
’23	(1)	(1)	(1)	(1)	(4)
’22	(16)	(4)	(8)	(7)	(35)
’21	(6)	(9)	(10)	(13)	(38)
’20	(5)	(6)	(6)	(6)	(22)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(1.00)	—	—	—	—
’25	(3.80)	(2.93)	(0.61)	(0.66)	(4.24)
’24	(125.00)	(262.50)	(32.50)	246.12	(156.71)
’23	(103.23)	(296.81)	(164.15)	(1.01k)	(1.58k)
’22	(244.36k)	(300.75k)	(255.25k)	(104.09k)	(853.00k)
’21	(0.16)	0.13	(545.11k)	(770.68k)	(1.35m)
’20	(1.22)	(0.32)	(0.18)	(206.77k)	(1.01)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	243,000,000,512.00	19,237,500,928.00	221,062,496.00	3,121,875.00	1,726,875.00	975,000.00	39,500.00	1,300.00	9.50	0.96	Analyst estimates 2026–2028 Powerpack
	High	1,122,356,297,728.00	470,812,491,776.00	55,485,001,728.00	451,406,240.00	54,843,752.00	5,418,750.00	1,181,250.00	53,750.00	2,000.00	60.00
People
People	Employees	157	86	70	109	190	220	203	50	47	105
	Revenue/emp, $m	0.34	0.05	0.05	0.06	0.05	0.07	0.03	0.09	0.07	0.21
Income, $m
Income, $m	Revenue	53	4	4	6	9	16	6	5	3	22
	Gross margin, %	28.08	68.69	71.35	74.46	71.89	72.65	65.28	68.04	58.96	21.88
	EBT	(27)	(18)	(20)	(35)	(29)	(72)	(20)	(25)	(28)	(53)
	EBT margin, %	(50.33)	(459.49)	(526.70)	(548.58)	(314.83)	(447.28)	(325.14)	(549.45)	(882.35)	(235.86)
	Net income	(28)	(35)	(25)	(34)	(29)	(70)	(66)	(25)	(36)	(68)
	Depreciation	6	10	7	7	6	7	9	0	3	1
Per share, $
Per share, $	Revenue	916.67	605.38	218.37	8.49	0.32	159,950.00	61,090.00	286.92	14.09	1.38
	Earnings	(999,999,999.00)	(999,999,999.00)	(999,999,999.00)	(45.80)	(1.01)	(1,353,384.00)	(852,999.90)	(1,576.48)	(49.38)	(4.24)
	Cash flow	(48.07)	346.00	(1,556.10)	(14.37)	(0.72)	(371,310.00)	(339,630.00)	(262.96)	(98.18)	(2.24)
	Capex	(36.24)	(208.46)	(62.03)	(1.37)	(0.06)	(13,690.00)	(11,930.00)	(1.07)	(0.51)	(0.01)
	Free cash flow	(84.31)	137.54	(1,618.14)	(15.74)	(0.78)	(385,000.00)	(351,560.00)	(264.03)	(98.69)	(2.25)
	Book value	46.78	(2,900.46)	279.19	8.15	1.55	834,910.00	321,150.00	(1,989.25)	28.93	1.70
	Shares, m	0	0	0	1	29	0	0	0	0	16
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	P/S	404,261,119.20	35,958,543.55	1,232,557.93	1,083,015.59	5,924,491.77	7.03	0.72	2.21	0.76	0.88
	P/B	15,654,297,832.69	0.00	964,074.89	1,128,320.31	1,232,766.34	1.35	0.14	0.00	0.47	3.40
	EV/Sales	404,261,119.37	35,958,544.49	1,232,558.78	1,083,016.13	5,924,489.71	1.34	1.38	4.80	0.37	0.52
	EV/FCF	(4,395,368,289.04)	158,273,906.68	(167,389.48)	(584,203.80)	(2,455,091.64)	(0.56)	(0.24)	(10.17)	(0.05)	(0.32)
Cash, $m
Cash, $m	Operating cash flow	(3)	2	(27)	(11)	(21)	(37)	(34)	(4)	(22)	(37)
	Capex	(2)	(1)	(1)	(1)	(2)	(1)	(1)	0	0	0
	Free cash flow	(5)	1	(28)	(12)	(22)	(38)	(35)	(4)	(22)	(37)
Balance, $m
Balance, $m	Working capital	(21)	(33)	(4)	(7)	18	79	5	(13)	(9)	4
	Total debt	11	4	4	8	7	5	13	25	3	8
	Net debt	9	4	3	3	(19)	(91)	4	25	(1)	(8)
	Shareholders’ equity	3	(19)	5	6	45	83	32	(32)	7	28
Returns, %
Returns, %	ROA	(40.11)	(75.97)	(223.85)	(211.04)	(72.86)	(71.69)	(74.26)	(86.22)	(298.23)	(131.14)
	ROIC	(125.38)	0.00	(143.86)	(138.19)	(58.22)	0.00	(33.25)	0.00	(348.27)	(137.76)
	ROE	(222.89)	409.26	635.17	(649.60)	(115.24)	(120.65)	(137.66)	(10,315.23)	280.31	(1,236.45)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Mar 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MNTS Momentus Inc.	$61.7M	— (loss-making)	—	−86.91% (below 0%: shrinking)	n/m	−180.26% (below 0%: shrinking)	100.00%	(32,420.00%)	Compare
PEW GrabAGun Digital Holdings Inc.	$55.2M	— (loss-making)	—	+9.37% (above 0%: growing)	n/m	−650.00% (below 0%: shrinking)	13.46%	(11.08%)	Compare
MOB Mobilicom Limited Sponsored ADR	$41.8M	— (loss-making)	— (loss-making)	−64.81% (below 0%: shrinking)	n/m	−367.36% (below 0%: shrinking)	58.40%	0.00%	Compare
LILMF Lilium N.V.	$33.0M	— (loss-making)	—	—	n/m	−16,519.23% (below 0%: shrinking)	—	0.00%	Compare
XTIA XTI Aerospace, Inc.	$30.8M	— (loss-making)	— (loss-making)	+5,622.31% (above 0%: growing)	n/m	+30.76% (above 0%: growing)	18.58%	(37.51%)
GPUS Hyperscale Data, Inc.	$27.8M	0.0×	9.9×	+34.75% (above 0%: growing)	n/m	−696.15% (below 0%: shrinking)	25.24%	(66.34%)	Compare
DFNS T3 Defense Inc.	$20.0M	— (loss-making)	—	+1,438.11% (above 0%: growing)	n/m	−267.69% (below 0%: shrinking)	25.35%	(84.53%)	Compare
PRZO ParaZero Technologies Ltd.	$15.5M	—	—	—	—	−42.97% (below 0%: shrinking)	43.65%	0.00%	Compare
DUKR DUKE Robotics Corp.	$14.7M	— (loss-making)	—	+313.89% (above 0%: growing)	n/m	−77.73% (below 0%: shrinking)	38.93%	(622.82%)	Compare
Median of peers	$30.4M	—	—	+22.06%	—	−317.52%	38.93%	(38.71%)

All 82 Aerospace & Defense stocks →

XTI Aerospace, Inc. (XTIA) key facts

Strength: XTI Aerospace, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $22.5 million, up 602.4% from fiscal 2024.
XTI Aerospace, Inc. (XTIA) is an Aerospace & Defense company in the Industrials sector, listed on Nasdaq.
As of October 16, 2026, XTIA traded at $0.78, a market capitalization of $30.8 million.
Return on equity was −1,236.5% and debt-to-equity -0.65.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is −3.97 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.