XTI Aerospace, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $22.5M | $3.2M | $4.6M | $19.4M | $16.0M |
| Gross profit | $4.9M | $1.9M | $3.1M | $4.0M | $11.6M |
| Operating income | -$42.8M | -$29.7M | -$7.6M | -$19.2M | -$72.7M |
| Operating expenses | $47.7M | $29.7M | $7.6M | $23.2M | $84.4M |
| Cost of revenue | $17.6M | $1.3M | $1.5M | $2.1M | $4.4M |
| Cash from operations | -$36.6M | -$22.3M | -$4.2M | -$34.0M | -$37.1M |
| Capital expenditure | $215,000 | $68,000 | $3,000 | $245,000 | $346,000 |
| Free cash flow | -$36.8M | -$22.4M | -$4.2M | -$34.2M | -$37.5M |
| Impairments | $4.0M | — | $31.0M | $7.6M | $14.8M |
| Total assets | $81.2M | $24.3M | $509,000 | $57.6M | $156.7M |
| Total liabilities | $50.8M | $17.7M | $32.1M | $25.5M | $28.5M |
Shares outstanding 38.5M · Free float 22.1%
Annual filing data through FY ended December 31, 2025; float as of June 27, 2026.