XTI Aerospace (NASDAQ:XTIA) Releases Quarterly Earnings Results

XTI Aerospace (NASDAQ:XTIA) released its quarterly earnings results on Thursday. The technology company reported ($1.00) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.73), FiscalAI reports. XTI Aerospace had a negative net margin of 263.88% and a negative return on equity of 578.38%. The business had revenue of $27.70 million during the quarter, compared to analysts’ expectations of $33.20 million.

Here are the key takeaways from XTI Aerospace’s conference call:

• Management said XTI is now a revenue-generating unmanned systems platform and expects full-year 2026 revenue of about $160 million or more, with gross margin guidance of 19% to 21% and EBITDA margins of 9% to 10%.
• The company reiterated confidence that it can reach positive cash flow in Q3 2026, saying revenue growth and cost reductions should continue to narrow losses through the second half of the year.
• XTI ended Q1 with about $15.2 million in unrestricted cash and access to additional liquidity under its $20 million ABL facility, which management said leaves the balance sheet stable for now.
• Drone Nerds described strong demand across enterprise and government end markets, with particular traction in public safety, agriculture, infrastructure, utilities, and energy, helped by growing interest in NDAA-compliant and domestically aligned drone solutions.
• Management framed Drone Nerds as a differentiated platform rather than a traditional reseller, citing its scale, repair and training infrastructure, and enterprise-focused solution set. It also sees a fragmented U.S. market with consolidation opportunities, including tuck-in M&A and organic share gains.

XTI Aerospace Price Performance

XTIA stock traded down $0.06 during trading on Thursday, hitting $1.78. 3,035,901 shares of the company’s stock traded hands, compared to its average volume of 2,211,446. XTI Aerospace has a 52 week low of $1.22 and a 52 week high of $7.43. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.77 and a current ratio of 1.09. The business has a fifty day simple moving average of $2.20 and a 200 day simple moving average of $1.80. The stock has a market capitalization of $68.48 million, a price-to-earnings ratio of -0.22 and a beta of 4.87.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Maxim Group upgraded shares of XTI Aerospace to a “strong-buy” rating in a research report on Friday, March 20th. Weiss Ratings restated a “sell (e+)” rating on shares of XTI Aerospace in a research report on Monday, April 20th. Finally, Wall Street Zen upgraded shares of XTI Aerospace from a “sell” rating to a “hold” rating in a research report on Saturday, March 7th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Hedge Funds Weigh In On XTI Aerospace

Several institutional investors have recently bought and sold shares of the business. XTX Topco Ltd lifted its position in XTI Aerospace by 86.1% during the fourth quarter. XTX Topco Ltd now owns 105,738 shares of the technology company’s stock valued at $131,000 after purchasing an additional 48,918 shares during the last quarter. Millennium Management LLC bought a new position in XTI Aerospace during the fourth quarter valued at $137,000. State Street Corp lifted its position in XTI Aerospace by 18.9% during the fourth quarter. State Street Corp now owns 89,403 shares of the technology company’s stock valued at $111,000 after purchasing an additional 14,200 shares during the last quarter. Geode Capital Management LLC lifted its position in XTI Aerospace by 81.3% during the fourth quarter. Geode Capital Management LLC now owns 303,459 shares of the technology company’s stock valued at $376,000 after purchasing an additional 136,104 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in XTI Aerospace during the third quarter valued at $42,000. Institutional investors own 11.70% of the company’s stock.

About XTI Aerospace

XTI Aerospace Inc (NASDAQ: XTIA) is an early‐stage aerospace company headquartered in Englewood, Colorado, focused on the design and development of vertical takeoff and landing (VTOL) aircraft for the business and specialty aviation markets. The company’s core mission is to deliver a next‐generation hybrid wing–body aircraft capable of both VTOL and short-takeoff and landing (STOL) operations, addressing the growing demand for point-to-point air transportation without the need for traditional airport infrastructure.

The company’s flagship product, the TriFan 600, is a six- to eight-seat business aircraft powered by a proprietary tri-fan propulsion system.