XTI Aerospace, Inc. (XTIA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 27.7M | 18.92M | 2.48M | 600K | 484K | 1.03M | 918K | 1.03M | 220K | 0 | 0 | 0 | 0 | 5.29M | 2.44M | 2.58M | 2.65M | 5.14M | 4.45M | 3.45M |
| Revenue Growth % | 5622.31% | 1731.75% | 170.59% | -41.8% | 120% | - | - | - | - | -100% | -100% | -100% | -100% | 2.86% | -45.28% | -25.4% | -10.32% | - | - | 220.91% |
| Cost of Goods Sold | 22.55M | 15.9M | 1.41M | 117K | 149K | 659K | 594K | 561K | 122K | 9K | 10K | 9K | 10K | 2.81M | 1.15M | 2.91M | 2.77M | 2.79M | 2.58M | 2.09M |
| COGS % of Revenue | 81.42% | 84.01% | 56.64% | 19.5% | 30.79% | 63.79% | 64.71% | 54.41% | 55.45% | - | - | - | - | 53.11% | 47.27% | 112.97% | 104.64% | 54.24% | 58% | 60.44% |
| Gross Profit | 5.15M | 3.03M | 1.08M | 483K | 335K | 374K | 324K | 470K | 98K | -9K | -10K | -9K | -10K | 2.48M | 1.28M | -334K | -123K | 2.35M | 1.87M | 1.37M |
| Gross Margin % | 18.58% | 15.99% | 43.36% | 80.5% | 69.21% | 36.21% | 35.29% | 45.59% | 44.55% | - | - | - | - | 46.89% | 52.73% | -12.97% | -4.64% | 45.76% | 42% | 39.56% |
| Gross Profit Growth % | 1436.12% | 709.09% | 232.41% | 2.77% | 241.84% | 4255.56% | 3340% | 5322.22% | 1080% | -100.36% | -100.78% | 97.31% | 91.87% | 5.4% | -31.3% | -124.45% | -107.84% | - | - | 1341.82% |
| Operating Expenses | 15.54M | 12.34M | 15.89M | 7.46M | 10.21M | 7.83M | 4.54M | 14.4M | 2.48M | -539K | 1.66M | 3.45M | 1.14M | 14.05M | 6.51M | 6.87M | 9M | 21.86M | 14.23M | 6.66M |
| OpEx % of Revenue | 56.09% | 65.2% | 639.53% | 1244% | 2108.68% | 757.7% | 494.55% | 1396.41% | 1129.55% | - | - | - | - | 265.77% | 267.19% | 266.77% | 339.71% | 425.46% | 319.82% | 192.93% |
| Selling, General & Admin | 14.11M | 10.75M | 13.85M | 5.45M | 8.4M | 6.67M | 3.31M | 13.25M | 2.02M | -622K | 1.18M | 3.06M | 702K | 10.03M | 4.37M | 4.39M | 6.88M | 16.92M | 10.98M | 10.9M |
| SG&A % of Revenue | 50.94% | 56.8% | 557.45% | 908.83% | 1735.74% | 645.79% | 360.78% | 1285.06% | 918.64% | - | - | - | - | 189.73% | 179.47% | 170.42% | 259.53% | 329.39% | 246.7% | 315.7% |
| Research & Development | 1.2M | -409K | 1.99M | 1.95M | 1.71M | 1.16M | 1.23M | 1.15M | 464K | 83K | 472K | 391K | 435K | 4.02M | 2.14M | 2.48M | 2.12M | 4.94M | 3.25M | 3.22M |
| R&D % of Revenue | 4.32% | -2.16% | 79.91% | 325% | 354.13% | 111.91% | 133.77% | 111.35% | 210.91% | - | - | - | - | 76.05% | 87.72% | 96.35% | 80.18% | 96.07% | 73.12% | 93.34% |
| Other Operating Expenses | 230K | 1000K | 54K | 61K | 91K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K |
| Operating Income | -10.39M | -9.31M | -14.81M | -6.98M | -9.87M | -7.45M | -4.22M | -13.93M | -2.39M | 530K | -1.67M | -3.46M | -1.15M | -11.57M | -5.22M | -7.21M | -9.12M | -19.51M | -12.36M | -5.3M |
| Operating Margin % | -37.51% | -49.21% | -596.18% | -1163.5% | -2039.46% | -721.49% | -459.26% | -1350.83% | -1085% | - | - | - | - | -218.88% | -214.46% | -279.74% | -344.36% | -379.7% | -277.82% | -153.37% |
| Operating Income Growth % | -5.26% | -24.94% | -251.26% | 49.87% | -313.53% | -1506.23% | -153.21% | -302.28% | -108.11% | 104.58% | 68.12% | 51.96% | 87.43% | 40.7% | 57.76% | -36.07% | 24.41% | - | - | 8.6% |
| EBITDA | -10.39M | -9.07M | -14.7M | -6.86M | -9.7M | -7.17M | -3.9M | -13.62M | -2.32M | 539K | -1.66M | -3.45M | -1.14M | -9.51M | -4.29M | -5.15M | -7.15M | -17.45M | -10.3M | -3.42M |
| EBITDA Margin % | -37.51% | -47.94% | -591.63% | -1143.5% | -2003.1% | -694.1% | -424.95% | -1320.95% | -1055% | - | - | - | - | -179.92% | -176.06% | -200% | -269.8% | -339.61% | -231.53% | -98.99% |
| EBITDA Growth % | -7.17% | -26.53% | -276.72% | 49.62% | -317.71% | -1430.24% | -135.71% | -294.41% | -104.13% | 105.67% | 61.39% | 32.98% | 84.09% | 45.5% | 58.39% | -50.73% | 34.69% | - | - | 30.43% |
| D&A (Non-Cash Add-back) | 0 | 240K | 113K | 120K | 176K | 283K | 315K | 308K | 66K | 9K | 10K | 9K | 10K | 2.06M | 935K | 2.05M | 1.98M | 2.06M | 2.06M | 1.88M |
| EBIT | -10.39M | -5.81M | -13.44M | -20.85M | -12.67M | -7.45M | -4.22M | -13.93M | -2.39M | 530K | -1.67M | -3.46M | -1.15M | -11.57M | -5.22M | -7.21M | -9.12M | -19.51M | -12.36M | -5.3M |
| Net Interest Income | 154K | -51K | -1K | -1K | -217K | -229K | -222K | -70K | -278K | -3.69M | -493.02K | -292K | -255K | -374.73K | -25.73K | 168K | 1K | 244.09K | -15K | 120.48K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 364K | 0 | 0 | 0 | -324.98K | 324.98K | 0 | 0 | 236.28K | 214.27K | 168K | 1K | 252.09K | 0 | 120.48K |
| Interest Expense | -154K | 51K | 1K | 1K | 217K | 593K | 222K | 70K | 278K | 3.37M | 818K | 292K | 255K | 611K | 240K | 0 | 0 | 8K | 15K | 0 |
| Other Income/Expense | -21.36M | 3.45M | 1.36M | -13.87M | -3.02M | -6.4M | -219K | -771K | -211K | -16.7M | -1.04M | -1.17M | -418K | -5M | -5.65M | -1.74M | -1.66M | -21.4M | -22.44M | 22M |
| Pretax Income | -31.75M | -5.87M | -13.45M | -20.85M | -12.89M | -13.86M | -4.43M | -14.7M | -2.6M | -16.17M | -2.7M | -4.63M | -1.56M | -16.57M | -10.87M | -8.94M | -10.78M | -40.91M | -34.8M | 16.7M |
| Pretax Margin % | -114.62% | -31% | -541.26% | -3474.83% | -2662.6% | -1341.34% | -483.12% | -1425.61% | -1180.91% | - | - | - | - | -313.59% | -446.49% | -347.17% | -407.06% | -796.22% | -782.09% | 483.67% |
| Income Tax | 3.57M | -5K | 1K | 9K | -15K | 0 | 0 | 12K | 4K | 0 | 0 | 0 | 0 | -149K | 0 | 22K | 0 | -2.76M | -854K | 2.19M |
| Effective Tax Rate % | -11.23% | 0.09% | -0.01% | -0.04% | 0.12% | 0% | 0% | -0.08% | -0.15% | 0% | 0% | 0% | 0% | 0.9% | 0% | -0.25% | 0% | 6.75% | 2.45% | 13.14% |
| Net Income | -35.31M | -21.59M | -13.45M | -20.86M | -12.87M | -13.86M | -4.43M | -14.71M | -2.6M | -16.17M | -2.7M | -4.63M | -1.56M | -14.72M | -17.59M | -19.87M | -11.21M | -37.72M | -33.64M | 14.76M |
| Net Margin % | -127.5% | -114.07% | -541.3% | -3476.33% | -2659.5% | -1341.34% | -483.12% | -1426.77% | -1182.73% | - | - | - | - | -278.52% | -722.42% | -771.43% | -423.22% | -734.08% | -755.96% | 427.43% |
| Net Income Growth % | -174.33% | -55.78% | -203.18% | -41.79% | -394.7% | 14.31% | -64.08% | -217.78% | -66.26% | -9.84% | 84.63% | 76.71% | 86.04% | 60.97% | 47.71% | -234.64% | 10.72% | - | - | 301.54% |
| Net Income (Continuing) | -35.31M | -5.86M | -13.45M | -20.86M | -12.87M | -13.86M | -4.43M | -14.71M | -2.6M | -16.17M | -2.7M | -4.63M | -1.56M | -16.42M | -10.87M | -8.96M | -10.78M | -38.15M | -33.95M | 14.51M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K | -1000K | -774K | 0 | 0 | 0 |
| Minority Interest | 10.28M | 10.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2.3M | 0 | 0 | -82K | 622K | 956K | 1.36M | 1.69M | 2.46M | 2.75M |
| EPS (Diluted) | -0.91 | -0.67 | -0.61 | -2.93 | -3.81 | -20.69 | -33.40 | -261.99 | -124.05 | -1012.29 | -164.15 | -296.81 | -103.23 | -10.22 | 45.00 | -13.90 | -60.37 | -56.50 | -535650.00 | -0.03 |
| EPS Growth % | 76.12% | 96.76% | 98.17% | 98.88% | 96.93% | 97.96% | 79.65% | 11.73% | -20.17% | -9804.99% | -464.78% | -2035.32% | -71% | 81.91% | 100.01% | -50629.93% | -220228.47% | - | - | - |
| EPS (Basic) | -0.91 | -0.67 | -0.61 | -2.93 | -3.81 | -20.69 | -33.40 | -261.99 | -124.05 | -1012.29 | -164.15 | -296.81 | -103.23 | -9.79 | 88.53 | -13.90 | -60.37 | -56.50 | -535650.00 | -0.03 |
| Diluted Shares Outstanding | 35.28M | 32.74M | 22.07M | 7.12M | 3.38M | 687.5K | 139.94K | 58.86K | 21.47K | 15.9K | 16.47K | 15.6K | 15.16K | 250.51K | 275.15K | 138.58K | 138.49K | 146K | 63 | 35.56M |
| Basic Shares Outstanding | 35.28M | 32.74M | 22.07M | 7.12M | 3.38M | 669.71K | 132.79K | 56.15K | 20.98K | 15.9K | 16.47K | 15.6K | 15.16K | 239.95K | 272.62K | 138.58K | 138.49K | 146K | 63 | 35.56M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |