# XTI Aerospace Inc. (XTIA)

**Exchange:** NASDAQ  
**Sector:** Industrials  
**Market cap:** $30M  
**Price:** $1.82 (-1.62%)

> XTI Aerospace Inc. is an aerospace technology company focused on advancing vertical flight solutions. Through its XTI Aircraft business, it develops advanced vertical takeoff and landing (VTOL) aircraft designed to combine the range and speed of fixed-wing business airplanes with the vertical takeoff and landing capabilities of helicopters, targeting the light and mid-size business aircraft market. Additionally, via its Drone Nerds business, acquired in November 2025, XTI Aerospace serves as a premier provider of unmanned aircraft systems (UAS), including solutions, services, and hardware for commercial applications. The company also offers real-time location systems (RTLS) for the industrial sector. XTI Aerospace operates from its corporate office in Englewood, Colorado, contributing to innovation in powered-lift and xVTOL aircraft technologies within the evolving aerospace industry.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $22M | $5M | -$43M | -$69M | — |
| 2024 | $3M | $2M | -$30M | -$36M | — |
| 2023 | $5M | $3M | -$8M | -$25M | — |
| 2022 | $6M | $4M | -$19M | -$63M | — |
| 2021 | $16M | $12M | -$73M | -$69M | — |
| 2020 | $9M | $7M | -$24M | -$29M | — |
| 2019 | $6M | $5M | -$21M | -$34M | — |
| 2018 | $4M | $3M | -$18M | -$25M | — |
| 2017 | $4M | $3M | -$15M | -$35M | — |
| 2016 | $53M | $15M | -$24M | -$27M | — |
| 2015 | $67M | $19M | -$11M | -$12M | — |
| 2014 | $63M | $19M | -$8M | -$8M | — |
| 2013 | $51M | $12M | -$4M | -$4M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $81M | $51M | $18M | $17M | $450,000 |
| 2024 | $24M | $18M | $7M | $4M | $65,000 |
| 2023 | $509,000 | $32M | -$32M | $5,000 | $19M |
| 2022 | $58M | $26M | -$15M | $9M | — |
| 2021 | $157M | $28M | $82M | $52M | — |
| 2020 | $59M | $14M | $45M | $18M | — |
| 2019 | $21M | $15M | $6M | $5M | — |
| 2018 | $12M | $7M | $5M | $1M | $74,000 |
| 2017 | $28M | $47M | -$17M | $119,000 | $767,000 |
| 2016 | $66M | $64M | $5M | $2M | $4M |
| 2015 | $69M | $46M | $25M | $4M | $1M |
| 2014 | $62M | $33M | $31M | $3M | $100,000 |
| 2013 | $39M | $33M | $8M | $2M | $292,000 |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$37M | $215,000 | -$37M |
| 2024 | -$22M | $68,000 | -$22M |
| 2023 | -$4M | $3,000 | -$4M |
| 2022 | -$34M | $245,000 | -$34M |
| 2021 | -$37M | $346,000 | -$37M |
| 2020 | -$21M | $972,000 | -$22M |
| 2019 | -$11M | $89,000 | -$11M |
| 2018 | -$27M | $88,000 | -$27M |
| 2017 | $2M | $101,000 | $2M |
| 2016 | -$3M | $526,000 | -$3M |
| 2015 | -$8M | $355,000 | -$9M |
| 2014 | -$5M | — | — |
| 2013 | -$3M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/XTIA)