XTIANasdaqServices-Computer Programming ServicesFiscal year ends December 31
XTI Aerospace, Inc.
Financials through Q1 FY2026, quarter ended Mar 31, 2026Last filing: 10-Q on Oct 20, 2026
$0.74−0.06 (-7.15%)
Close on Oct 19, 2026
- Market cap
- $26.21M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2012 to 2025
Gross margin
21.9%−50.0 pts over 5 years
Operating margin
-190.4%+65.5 pts over 5 years
Net margin
-305.7%+8.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +602.4% | +54.4% | +19.3% | -10.3% | |
| Gross profit | +160.6% | +7.3% | -5.9% | -12.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -185.3% | -115.4% | -565.7% | |
| Return on assets | -40.1% | -72.9% | -130.3% | |
| Current ratio | 0.59 | 2.50 | 1.09 | |
| Debt to equity | 1.51 | – | 0.89 | |
| Net debt to EBITDA | -0.22× | – | 0.02× | |
| Interest coverage | -13.6× | – | -158.6× | |
| Inventory turnover | – | – | 2.0× | |
| Capex to revenue | 1.0% | 10.5% | 1.0% | |
| Diluted shares | 0M | 0M | 16M |
Where the cash went
Fiscal 2021 to 2025, five years combined
XTI Aerospace generated $134.19M from operations and spent $877.00K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$134.19M
Used
$877.00K
Capital expenditure$877.00K100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-305.7%
×Asset turnover0.43×
×Equity multiplier4.34×
=Return on equity, FY2025-565.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -305.7% | 0.43× | 4.34× | -565.7% |
| FY2024 | -1111.9% | 0.26× | -0.99× | 284.2% |
| FY2023 | -549.5% | 0.16× | -1.25× | 107.6% |
| FY2022 | -1037.7% | 0.06× | 3.21× | -189.7% |
| FY2021 | -432.4% | 0.15× | 1.71× | -109.4% |
| FY2020 | -314.4% | 0.23× | 1.58× | -115.4% |
| FY2019 | -539.5% | 0.38× | 3.09× | -629.1% |
| FY2018 | -654.2% | 0.19× | -3.31× | 407.4% |
| FY2017 | -889.8% | 0.08× | -7.76× | 576.9% |
| FY2016 | -51.0% | 0.79× | 4.62× | -185.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$68.76M
- Cash generatingOperating cash flow above zero-$36.61M
- Return on assets improvedROA up on the prior year-6994.7% → -283.1%
- Earnings backed by cashOperating cash flow above net income-$36.61M vs -$68.76M
- Less leverageLong-term debt to assets fell0.3% → 9.8%
- Better liquidityCurrent ratio rose0.49 → 1.09
- No dilutionShare count did not rise0M → 16M
- Gross margin improvedGross margin up on the prior year58.96% → 21.88%
- More efficientAsset turnover rose6.29 → 0.93