XTI Aerospace (NASDAQ:XTIA) Releases Quarterly Earnings Results, Misses Expectations By $0.73 EPS

XTI Aerospace (NASDAQ:XTIA) released its 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 company had revenue of $27.70 million for 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, reaching $1.78. The company’s stock had a trading volume of 3,035,901 shares, compared to its average volume of 2,211,446. XTI Aerospace has a 1 year low of $1.22 and a 1 year high of $7.43. The company has a quick ratio of 0.77, a current ratio of 1.09 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $68.48 million, a P/E ratio of -0.22 and a beta of 4.87. The company’s fifty day moving average is $2.20 and its 200-day moving average is $1.80.

Hedge Funds Weigh In On XTI Aerospace

Several hedge funds have recently modified their holdings of XTIA. XTX Topco Ltd lifted its stake in XTI Aerospace by 86.1% in the 4th quarter. XTX Topco Ltd now owns 105,738 shares of the technology company’s stock worth $131,000 after purchasing an additional 48,918 shares in the last quarter. Millennium Management LLC purchased a new position in shares of XTI Aerospace in the 4th quarter worth approximately $137,000. State Street Corp increased 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 acquiring an additional 14,200 shares during the last quarter. Geode Capital Management LLC raised its position in XTI Aerospace by 81.3% in the 4th quarter. Geode Capital Management LLC now owns 303,459 shares of the technology company’s stock worth $376,000 after purchasing an additional 136,104 shares during the period. Finally, Virtu Financial LLC purchased a new stake in shares of XTI Aerospace in the third quarter worth approximately $42,000. Hedge funds and other institutional investors own 11.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on XTIA shares. Wall Street Zen raised XTI Aerospace from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Maxim Group upgraded XTI Aerospace to a “strong-buy” rating in a research note on Friday, March 20th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of XTI Aerospace in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

XTI Aerospace Company Profile

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.