XTI Aerospace, Inc. (XTIA) — Financial statements
Income statement, balance sheet, and cash flow for XTI Aerospace, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 22↑602.4% | 3 | 0.00↓100.0% | 6↓61.8% | 16 | |
| Cost of Revenue | 18↑807.5% | 2↑4994.7% | 0.04↓98.7% | 3↓66.0% | 9 | |
| Gross Profit | 5↑288.7% | 1↑3431.6% | -0.04↓101.2% | 3↓56.7% | 7 | |
| Operating Expenses | ||||||
| R&D Expenses | 5↑31.1% | 4↑189.4% | 1↓69.2% | 4↓68.2% | 14 | |
| General & Administrative Expenses | 33 | 0.00 | 0.00↓100.0% | 14↓1.5% | 14 | |
| Selling & Marketing Expenses | 6 | 0.00 | 0.00↓100.0% | 2↑517.7% | 0.36 | |
| SG&A Expenses | 38↑52.3% | 25↑483.9% | 4↓72.9% | 16↓67.8% | 50 | |
| Other Expenses | 2 | 0.00 | 0.00 | 0.00↑100.0% | -7 | |
| Operating Expenses | 46↑56.9% | 29↑412.6% | 6↓72.1% | 20↓63.7% | 56 | |
| Total Costs & Expenses | 63↑103.5% | 31↑442.9% | 6↓75.5% | 23↓64.0% | 65 | |
| Operating Results | ||||||
| Operating Income | -41↓46.4% | -28↓387.2% | -6↑66.9% | -17↑64.8% | -49 | |
| Depreciation & Amortization | 0.65↓33.2% | 0.97↑2457.9% | 0.04↓98.7% | 3↓58.4% | 7 | |
| EBITDA | -52↓93.0% | -27↓373.4% | -6↑60.3% | -14↑65.8% | -42 | |
| EBIT | -53↓88.6% | -28↓387.2% | -6↑66.9% | -17↑64.8% | -49 | |
| Interest & Other Income | ||||||
| Net Interest Income | -0.27↑66.2% | -0.80↑83.1% | -5↓688.3% | -0.60↓150.7% | 1 | |
| Interest Income | 0.00↓100.0% | 0.36 | 0.00 | 0.00↓100.0% | 1 | |
| Interest Expense | 0.27↓76.8% | 1↓75.4% | 5↑688.3% | 0.60 | 0.00 | |
| Non-Operating Income | 12 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | -12↓58.8% | -8↑60.6% | -19↓668.0% | -3↑88.7% | -22 | |
| Income Before Tax | -53↓49.1% | -36↓42.0% | -25↓26.2% | -20↑72.2% | -72 | |
| Income Tax Expense | -0.01↓162.5% | 0.02 | 0.00↑100.0% | -0.18↑87.2% | -1 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -53↓49.0% | -36↓42.0% | -25↓27.4% | -20↑71.9% | -70 | |
| Net Income from Discontinued Operations | -15 | 0.00 | 0.00↑100.0% | -47 | 0.00 | |
| Net Income | -69↓93.1% | -36↓42.0% | -25↑60.5% | -63↑8.3% | -69 | |
| Bottom-Line Net Income | -69↓87.1% | -37↓47.5% | -25↓5200.2% | -0.47↑97.4% | -18 | |
| EPS (Basic) | -4.24↑97.4% | -162.77↑89.7% | -1,576.48↓55803.5% | -2.82↑97.8% | -126.36 | |
| EPS (Diluted) | -4.24↑97.4% | -162.77↑89.7% | -1,576.48↓55803.5% | -2.82↑97.8% | -126.36 | |
| Weighted Average Shares | 16↑7369.5% | 0.22↑1275.6% | 0.02↓90.5% | 0.17↑14.7% | 0.15 | |
| Weighted Average Diluted Shares | 16↑7091.1% | 0.23↑1328.9% | 0.02↓90.5% | 0.17↑14.7% | 0.15 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.