Tearsheet

XTI Aerospace (XTIA)


Market Price (2/12/2026): $1.645 | Market Cap: $36.3 Mil
Sector: Industrials | Industry: Aerospace & Defense

XTI Aerospace (XTIA)


Market Price (2/12/2026): $1.645
Market Cap: $36.3 Mil
Sector: Industrials
Industry: Aerospace & Defense

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -88%
Weak multi-year price returns
2Y Excs Rtn is -139%, 3Y Excs Rtn is -169%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -39 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -850%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 112%
  Expensive valuation multiples
P/SPrice/Sales ratio is 7.9x
2 Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility.
  Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 170%
3   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -834%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -837%
4   Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 128%
5   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -173%
6   High stock price volatility
Vol 12M is 150%
7   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 35%
8   Key risks
XTIA key risks include [1] a precarious financial position with high cash burn and significant bankruptcy risk from its non-revenue generating aviation segment, Show more.
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -88%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 112%
2 Megatrend and thematic drivers
Megatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility.
3 Weak multi-year price returns
2Y Excs Rtn is -139%, 3Y Excs Rtn is -169%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -39 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -850%
5 Expensive valuation multiples
P/SPrice/Sales ratio is 7.9x
6 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 170%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -834%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -837%
8 Valuation getting more expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 128%
9 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -173%
10 High stock price volatility
Vol 12M is 150%
11 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 35%
12 Key risks
XTIA key risks include [1] a precarious financial position with high cash burn and significant bankruptcy risk from its non-revenue generating aviation segment, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

XTI Aerospace (XTIA) stock has lost about 5% since 10/31/2025 because of the following key factors:

1. Strategic Pivot and Integration Phase with Drone Nerds. XTI Aerospace completed the significant acquisition of Drone Nerds in November 2025, a move that fundamentally shifted the company's strategic focus towards the enterprise drone and unmanned aircraft systems (UAS) market. While Drone Nerds brought a substantial revenue base of over $110 million in 2024, the subsequent period has likely been characterized by the complexities of integrating this new business, establishing synergies, and articulating a clear path for future growth, leading investors to adopt a "wait and see" approach rather than driving a sustained directional stock movement. This strategic realignment was further solidified by the divestiture of its Inpixon RTLS business in February 2026, aimed at sharpening the company's focus and reducing its cost structure.

2. Mixed Financial Signals and Profitability Concerns. Despite XTI Aerospace projecting ambitious 2026 revenues exceeding $160 million and anticipating positive monthly cash flow by the end of 2026, the company simultaneously faced ongoing profitability challenges and was noted by InvestingPro to be rapidly burning through cash. This combination of forward-looking growth forecasts alongside current financial health concerns likely created a balanced sentiment among investors, preventing a strong upward trajectory as the market weighed future potential against present financial risks.

Show more

Stock Movement Drivers

Fundamental Drivers

The -5.7% change in XTIA stock from 10/31/2025 to 2/11/2026 was primarily driven by a -67.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)103120252112026Change
Stock Price ($)1.741.64-5.7%
Change Contribution By: 
Total Revenues ($ Mil)3551.6%
P/S Multiple4.17.992.6%
Shares Outstanding (Mil)722-67.7%
Cumulative Contribution-5.7%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/11/2026
ReturnCorrelation
XTIA-5.7% 
Market (SPY)1.5%27.7%
Sector (XLI)12.8%23.4%

Fundamental Drivers

The -19.2% change in XTIA stock from 7/31/2025 to 2/11/2026 was primarily driven by a -84.7% change in the company's Shares Outstanding (Mil).
(LTM values as of)73120252112026Change
Stock Price ($)2.031.64-19.2%
Change Contribution By: 
Total Revenues ($ Mil)3532.7%
P/S Multiple2.07.9296.7%
Shares Outstanding (Mil)322-84.7%
Cumulative Contribution-19.2%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/11/2026
ReturnCorrelation
XTIA-19.2% 
Market (SPY)9.8%23.8%
Sector (XLI)15.5%25.6%

Fundamental Drivers

The -67.7% change in XTIA stock from 1/31/2025 to 2/11/2026 was primarily driven by a null change in the company's P/S Multiple.
(LTM values as of)13120252112026Change
Stock Price ($)5.071.64-67.7%
Change Contribution By: 
Total Revenues ($ Mil)059.2233720368547763E17%
P/S Multiple∞7.9 
Shares Outstanding (Mil)022-100.0%
Cumulative Contribution0.0%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/11/2026
ReturnCorrelation
XTIA-67.7% 
Market (SPY)16.0%14.0%
Sector (XLI)27.7%17.1%

Fundamental Drivers

null
null

Market Drivers

1/31/2023 to 2/11/2026
ReturnCorrelation
XTIA-100.0% 
Market (SPY)76.6%-5.9%
Sector (XLI)79.1%-4.2%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
XTIA Return-41%-96%-91%-99%-88%38%-100%
Peers Return39%-29%70%-0%37%-1%125%
S&P 500 Return27%-19%24%23%16%1%85%

Monthly Win Rates [3]
XTIA Win Rate25%0%8%8%33%100% 
Peers Win Rate43%40%50%42%52%40% 
S&P 500 Win Rate75%42%67%75%67%100% 

Max Drawdowns [4]
XTIA Max Drawdown-45%-96%-91%-99%-100%0% 
Peers Max Drawdown-26%-47%-12%-39%-35%-10% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: JOBY, ACHR, TXT, AVAV, DPRO.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/11/2026 (YTD)

How Low Can It Go

Unique KeyEventXTIAS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-99.9%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven118292.4%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-95.1%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven1947.5%51.3%
2020 Covid PandemicTime to BreakevenTime to BreakevenNot Fully Recovered days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-100.0%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven1.40209526E7%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-99.9%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven99900.0%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven649 days1,480 days

Compare to JOBY, ACHR, TXT, AVAV, DPRO

In The Past

XTI Aerospace's stock fell -99.9% during the 2022 Inflation Shock from a high on 2/11/2021. A -99.9% loss requires a 118292.4% gain to breakeven.

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About XTI Aerospace (XTIA)

XTI Aerospace, Inc. develops and manufactures airplanes in the United States, Germany, and the United Kingdom. The company offers TriFan 600, a six-seat vertical takeoff and landing aircraft; and real-time location systems (RTLS) for the industrial sector. It also provides indoor intelligence software and hardware products comprising industrial RTLS software-as-a-service platform; IoT devices, sensors, and tags; transceivers/modules; video integration; analytics and insights; augmented reality and 3D; and wireless device detection for security. The company sells its products through direct sale representatives; and channel partners comprising original equipment manufacturers, integrators, resellers, and distributors. XTI Aerospace, Inc. was founded in 2012 and is headquartered in Englewood, Colorado.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe XTI Aerospace (XTIA):

  • A Gulfstream, but for vertical takeoff and landing (VTOL) aircraft.

  • The Tesla of hybrid-electric business jets that take off and land vertically.

  • Like a Cessna business jet that can take off and land vertically like a helicopter.

AI Analysis | Feedback

  • TriFan 600 Aircraft: A hybrid-electric vertical take-off and landing (VTOL) business aircraft designed for long-range, point-to-point travel.

AI Analysis | Feedback

XTI Aerospace (XTIA) is currently in the development and pre-production phase for its hybrid-electric vertical takeoff and landing (VTOL) aircraft, the TriFan 600. As such, the company has not publicly disclosed major established customer companies that have entered into definitive purchase agreements for significant volumes of aircraft.

Instead, XTI Aerospace is targeting several categories of customers for future sales, and it has secured non-binding pre-orders and deposits from early adopters within these segments. The primary categories of customers it serves are:

  • Private and Business Aviation: This category includes high-net-worth individuals, corporations, and fractional ownership programs looking for private air travel, executive transport, or personal mobility solutions.
  • Commercial Air Mobility Operators: Companies intending to operate fleets for on-demand passenger services (often referred to as air taxis or Urban Air Mobility - UAM) or regional shuttle services.
  • Special Missions, Cargo, and Logistics: Entities requiring the aircraft for specific operational uses, such as emergency medical services (air ambulance), search and rescue operations, and specialized cargo or remote logistics delivery.

AI Analysis | Feedback

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Scott Pomeroy, Chief Executive Officer
Mr. Pomeroy brings over 35 years of executive experience to XTI Aerospace. He previously served as the CFO of Dex Media, overseeing equity and debt capital raises exceeding $10 billion, and was the CEO and founder of Local Insight Media. He also co-founded Gen3 Financial Services, a boutique merchant bank providing capital raising and business advisory services to clients. Mr. Pomeroy has served on the Board of Directors of AVX Aircraft Company, a U.S. military defense contractor specializing in Vertical Takeoff and Landing (VTOL) aircraft, since 2009. He began his career at KPMG Peat Marwick and is a Certified Public Accountant.

Brooke Turk, Chief Financial Officer
Ms. Turk serves as Chief Financial Officer for XTI Aerospace, bringing over 30 years of experience. She has played a key role in numerous corporate transactions, including mergers, acquisitions, divestitures, restructures, reorganizations, debt and equity capital raises, a Chapter 11 bankruptcy, and an IPO. Prior to XTI Aerospace, Ms. Turk provided CFO services as the founding principal of Springboard Ventures since August 2011 and as a principal of C Squared Solutions LLC since October 2019, through which she acted as CFO for several businesses. She began her career at Arthur Andersen and is a Certified Public Accountant.

Michael A. Tapp, Chief Operating Officer
Mr. Tapp has served as the chairman of XTI Aerospace's Corporate Advisory Board since September 2024 and is an operating partner for Palingen Capital. He has also served in a similar role for HBC Investments, a private equity firm. Before this, Mr. Tapp held leadership roles at Interstate Battery for almost a decade, including officer on the senior executive team, President of Interstate's multi-unit franchise system, and President of Interstate's industrial power management business. He held senior executive roles at both operating and private equity organizations before joining Interstate.

Tobin Arthur, Chief Strategy Officer
Mr. Arthur brings over thirty years of experience in helping companies develop and implement corporate strategies focused on innovation. Early in his career, he helped Starbucks Coffee with disruptive innovation as it became a rapidly growing public company. He later focused on the healthcare sector, building companies like CureUs and AngelMD. AngelMD is an online community that connects startups with clinicians and investors. Mr. Arthur has invested in and/or advised over 200 startups and launched the podcast Innovation4Alpha, which evolved into a consulting and investment firm.

Jennifer Gaines, Chief Legal Officer
Ms. Gaines was appointed Chief Legal Officer in October 2024, bringing over 25 years of experience as a seasoned legal expert. In this role, she leads the company's legal and compliance functions.

AI Analysis | Feedback

The key risks to XTI Aerospace (symbol: XTIA) involve significant financial challenges, regulatory hurdles for its core product, and intense competition in the nascent advanced air mobility market.

  1. Financial Sustainability and Cash Burn: XTI Aerospace faces substantial financial struggles, marked by significant net losses, high operating expenses, and a high cash burn rate. The company's core Commercial Aviation segment currently generates no revenue, relying instead on its Industrial IoT segment for its modest income. Its financials are described as precarious, with a distress-level Altman Z-Score indicating a high risk of bankruptcy. The company depends on continuous capital raises, which can lead to shareholder dilution, to fund its research and development.
  2. Regulatory Uncertainty and Certification Delays: The successful commercialization of XTI's flagship TriFan 600 vertical takeoff and landing (VTOL) aircraft is contingent upon navigating the rigorous Federal Aviation Administration (FAA) certification process. While progress has been noted with the acceptance of its Type Certification application, any regulatory delays or technical setbacks could significantly push back the timeline for revenue generation from this crucial product.
  3. Competitive Pressure and Market Adoption: Operating in the emerging electric vertical takeoff and landing (eVTOL) sector, XTI Aerospace faces significant competitive pressure from better-funded rivals. The company is a relatively small player in the industry, and its ability to secure a strong market position and achieve anticipated sales volumes for the TriFan 600 against competitors like Joby Aviation and Archer Aviation remains a key challenge. There is also inherent uncertainty regarding the ultimate market size and widespread adoption of this new class of aircraft.

AI Analysis | Feedback

The rapid development and potential market adoption of pure electric vertical takeoff and landing (eVTOL) aircraft could emerge as a significant threat. As battery technology and electric propulsion systems advance, eVTOLs may quickly overcome current range limitations, offering lower operating costs and zero-emission flight compared to XTI Aerospace's hybrid-electric TriFan 600. This could diminish the TriFan 600's unique selling proposition of extended range and efficiency, making pure eVTOLs a more attractive solution for various advanced air mobility applications.

AI Analysis | Feedback

XTI Aerospace (symbol: XTIA) operates in two primary markets: advanced air mobility with its TriFan 600 aircraft and real-time location systems (RTLS) for the industrial sector.

Advanced Air Mobility (AAM) / Business Jet Market

The TriFan 600 is a vertical takeoff and landing (VTOL) aircraft that targets the advanced air mobility and business jet markets.

  • The global Advanced Air Mobility (AAM) market is projected to reach approximately USD 114.5 billion by 2034, growing from an estimated USD 15.6 billion in 2024, at a compound annual growth rate (CAGR) of 24.8% from 2025 to 2034.
  • Another estimate indicates the global AAM market size was USD 11.41 billion in 2024 and is projected to grow to USD 65.91 billion by 2032, with a CAGR of 25.7%.
  • The North American AAM market is anticipated to be a dominant region, projected to reach USD 12.004 billion by 2035. In 2024, North America held 34.36% of the global AAM market share.
  • For the broader global business jet market, one report valued it at USD 72.15 billion in 2024, with projections to reach USD 113.48 billion by 2030, exhibiting a CAGR of 7.9% from 2025 to 2030.
  • Another source for the global business jet market indicates a value of USD 46.51 billion in 2024, growing to USD 67.68 billion by 2032 at a CAGR of 4.99% from 2025.
  • North America is a significant region in the business jet market, holding the largest global revenue share of 37.8% in 2024.

Real-time Location Systems (RTLS) Market

XTI Aerospace's other main offering includes real-time location systems (RTLS) for the industrial sector, which encompasses indoor intelligence software and hardware products.

  • The global real-time location systems (RTLS) market is projected to expand from USD 6.68 billion in 2025 to USD 15.67 billion by 2030, with a robust CAGR of 18.6%. These solutions are used across various industries, including manufacturing, for asset tracking and operational visibility.
  • Another projection for the global RTLS market indicates a growth from USD 5.84 billion in 2024 to USD 52.5 billion by 2035, at a CAGR of 22.09%. This growth is driven by the need for efficient asset management, particularly in manufacturing.
  • A different report estimates the global RTLS market size was valued at USD 7.73 billion in 2024 and is expected to reach USD 63.37 billion by 2033, growing at a CAGR of 26.40% from 2025 to 2033.
  • North America is a leading region in the RTLS market, holding the largest global share in 2024 due to its focus on operational efficiency and adoption of automation across industries. North America held over 45% of the market share in 2022.

AI Analysis | Feedback

XTI Aerospace (symbol: XTIA) anticipates several key drivers for future revenue growth over the next 2-3 years, primarily centered around the development and commercialization of its TriFan 600 aircraft and the continued performance of its Industrial IoT segment.

Here are 4 expected drivers of future revenue growth:

  1. Reopening and Conversion of TriFan 600 Pre-sales: XTI Aerospace plans to reintroduce aircraft pre-sales for the TriFan 600 later in 2025. This initiative aims to secure commitments from fleet operators, business owners, and EMS operators, translating into future revenue as the aircraft progresses toward delivery. The company also launched an exclusive "Founders Club" in Q3 2025 to engage early customers.
  2. Advancement towards FAA Type Certification and Commercialization of TriFan 600: The successful progression through the various stages of FAA Type Certification is crucial for the TriFan 600's commercial launch. XTI Aerospace has formally commenced this process and is focused on achieving significant engineering milestones, such as engine and drivetrain supplier selection, external noise assessment, and the first flight of subscale models like "Sparrow" and "Kestrel," which are all critical steps toward eventual product delivery and revenue generation.
  3. Growth of the Industrial IoT Segment: The company's Industrial IoT segment currently provides a source of revenue, reporting sales of $600,000 in Q2 2025 and $484,000 in Q1 2025, demonstrating growth. Continued expansion and traction in this market are expected to contribute to overall revenue.
  4. Expansion into Regional Air Mobility and Defense Markets: The TriFan 600 is designed to serve underserved regional transport markets by offering the capabilities of a business jet combined with the flexibility of a helicopter, including a 1,000-mile range and speeds over 300 mph. This positioning allows XTI Aerospace to target new market segments. The aircraft also holds potential for defense applications, further broadening its market reach.

AI Analysis | Feedback

Share Repurchases

  • XTI Aerospace's board of directors authorized a share repurchase program of up to $5 million of its common stock on March 18, 2025.
  • The program has an initial term of 12 months, which may be extended to 18 months.
  • The share repurchase program aims to address what the Company believes is an undervaluation of its common stock.

Share Issuance

  • On September 15, 2025, XTI Aerospace closed a public offering, raising $20 million in gross proceeds through the sale of 12.5 million shares and warrants to purchase an equal number of additional shares at $1.60 per share.
  • The company completed a $16 million public offering on June 26, 2025, consisting of 9,143,000 shares and warrants to purchase up to 9,143,000 shares at a combined price of $1.75 per share.
  • As of January 23, 2025, XTI Aerospace had raised $45 million in gross proceeds through the sale of common stock, which included $20 million from a common stock sale at $13.75 per share (post reverse stock split) and an additional $25 million raised since the end of the first quarter of 2024.

Inbound Investments

  • XTI Aerospace announced a tentative agreement on July 1, 2024, for a strategic equity investment of up to $55 million from FC Imperial Limited (an affiliate of FinExic Concordia Group) in convertible preferred stock, at a post-money valuation of $275 million.
  • On November 10, 2025, XTI Aerospace closed a $25 million investment from Unusual Machines Inc. through the purchase of Series 10 Convertible Preferred Stock.

Outbound Investments

  • XTI Aerospace acquired Drone Nerds LLC for approximately $40 million on November 10, 2025, paid with $20 million in cash, $11.9 million in promissory notes, and $9.7 million in equity consideration.
  • The company announced its intention to acquire a 30% equity stake in ReadyMonitor, LLC, an AI-driven Drone-as-a-Service provider, with an option to purchase the remaining 70% within 12 months, expected to close in Q1 2025.
  • XTI Aerospace received common stock and warrants of Damon Inc. as part of the business combination between its former subsidiary Grafiti Holding and Damon Motors, which was completed on November 18, 2024.

Capital Expenditures

  • In the last 12 months, XTI Aerospace reported capital expenditures of -$153,000.
  • For the three months ended June 2025, XTI Aerospace spent $0.06 million on purchasing property, plant, and equipment.
  • Proceeds from several share issuances are primarily intended for the development of the TriFan 600 aircraft.

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Unique Key

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Peer Comparisons

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Financials

XTIAJOBYACHRTXTAVAVDPROMedian
NameXTI Aero.Joby Avi.Archer A.Textron AeroViro.Draganfly 
Mkt Price1.6410.106.9797.28243.426.858.54
Mkt Cap0.08.54.617.312.10.16.6
Rev LTM523014,2371,370715
Op Inc LTM-39-663-619897-70-17-55
FCF LTM-39-533-487695-254-17-146
FCF 3Y Avg-19-434-398760-92-17-56
CFO LTM-38-477-4081,058-195-16-117
CFO 3Y Avg-19-387-3371,140-58-16-39

Growth & Margins

XTIAJOBYACHRTXTAVAVDPROMedian
NameXTI Aero.Joby Avi.Archer A.Textron AeroViro.Draganfly 
Rev Chg LTM112.1%1,934.5%-1.8%79.9%26.7%79.9%
Rev Chg 3Y Avg---4.3%48.0%-0.4%4.3%
Rev Chg Q170.6%80,521.4%-5.1%150.7%14.4%150.7%
QoQ Delta Rev Chg LTM51.6%23,006.1%-1.2%26.2%3.8%26.2%
Op Mgn LTM-850.1%-2,926.6%-6.3%-5.1%-226.9%-226.9%
Op Mgn 3Y Avg---6.9%2.9%-292.1%2.9%
QoQ Delta Op Mgn LTM89.6%647,806.1%-0.4%-2.1%-8.8%0.4%
CFO/Rev LTM-833.7%-2,107.5%-7.4%-14.2%-220.2%-220.2%
CFO/Rev 3Y Avg---8.2%-4.2%-240.3%-4.2%
FCF/Rev LTM-836.9%-2,352.7%-4.9%-18.5%-227.2%-227.2%
FCF/Rev 3Y Avg---5.5%-7.6%-245.6%-7.6%

Valuation

XTIAJOBYACHRTXTAVAVDPROMedian
NameXTI Aero.Joby Avi.Archer A.Textron AeroViro.Draganfly 
Mkt Cap0.08.54.617.312.10.16.6
P/S7.9376.7-1.28.818.98.8
P/EBIT-0.6-12.9-7.415.6-142.2-8.3-7.9
P/E-0.6-8.1-7.320.9-174.0-7.8-7.6
P/CFO-0.9-17.9-11.316.3-62.1-8.6-9.9
Total Yield-168.7%-12.4%-13.6%4.9%-0.6%-12.8%-12.6%
Dividend Yield0.0%0.0%0.0%0.1%0.0%0.0%0.0%
FCF Yield 3Y Avg-97,111.4%-6.7%-12.6%5.0%-1.0%-37.8%-9.6%
D/E0.00.00.00.20.10.00.0
Net D/E-0.9-0.1-0.30.10.0-0.5-0.2

Returns

XTIAJOBYACHRTXTAVAVDPROMedian
NameXTI Aero.Joby Avi.Archer A.Textron AeroViro.Draganfly 
1M Rtn0.6%-34.5%-21.3%4.3%-34.3%-29.5%-25.4%
3M Rtn8.6%-38.0%-19.4%18.0%-24.7%-12.2%-15.8%
6M Rtn-10.4%-43.2%-31.7%19.6%-4.5%47.9%-7.4%
12M Rtn-60.7%37.2%-25.0%31.6%35.7%114.7%33.7%
3Y Rtn-100.0%140.5%160.1%32.3%175.9%-99.4%86.4%
1M Excs Rtn1.1%-33.9%-20.8%4.8%-33.8%-29.0%-24.9%
3M Excs Rtn-1.6%-37.6%-19.1%17.0%-28.7%-18.6%-18.8%
6M Excs Rtn-16.1%-51.6%-39.7%16.2%-10.5%35.6%-13.3%
12M Excs Rtn-77.1%14.6%-46.1%17.3%19.2%97.0%15.9%
3Y Excs Rtn-168.8%59.7%75.7%-37.1%96.4%-168.3%11.3%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil2024
Single Segment0
Total0


Assets by Segment
$ Mil2024
Single Segment5
Total5


Price Behavior

Price Behavior
Market Price$1.64 
Market Cap ($ Bil)0.0 
First Trading Date07/17/2007 
Distance from 52W High-67.5% 
   50 Days200 Days
DMA Price$1.58$1.76
DMA Trendindeterminateup
Distance from DMA3.8%-6.7%
 3M1YR
Volatility92.8%150.2%
Downside Capture180.10270.21
Upside Capture215.53137.00
Correlation (SPY)19.9%13.8%
XTIA Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta-0.161.132.371.851.06-32.59
Up Beta-1.901.316.671.670.270.72
Down Beta1.241.071.670.611.32-73.77
Up Capture248%148%135%220%118%-7%
Bmk +ve Days11223471142430
Stock +ve Days9162455109286
Down Capture-529%67%161%246%156%101%
Bmk -ve Days9192754109321
Stock -ve Days8223462129444

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with XTIA
XTIA-64.0%150.3%0.04-
Sector ETF (XLI)27.6%19.1%1.1416.9%
Equity (SPY)15.5%19.3%0.6213.9%
Gold (GLD)75.7%24.9%2.234.5%
Commodities (DBC)8.8%16.6%0.3412.3%
Real Estate (VNQ)6.0%16.6%0.184.6%
Bitcoin (BTCUSD)-29.3%44.7%-0.6415.6%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with XTIA
XTIA-93.3%6,436.4%0.42-
Sector ETF (XLI)16.3%17.2%0.77-2.9%
Equity (SPY)13.9%17.0%0.65-3.9%
Gold (GLD)22.9%16.9%1.102.5%
Commodities (DBC)11.4%18.9%0.496.3%
Real Estate (VNQ)5.1%18.8%0.18-5.7%
Bitcoin (BTCUSD)13.3%57.9%0.45-0.2%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with XTIA
XTIA-92.6%4,551.6%0.29-
Sector ETF (XLI)15.4%19.8%0.69-1.5%
Equity (SPY)15.6%17.9%0.75-2.4%
Gold (GLD)15.7%15.5%0.852.0%
Commodities (DBC)8.2%17.6%0.395.0%
Real Estate (VNQ)6.1%20.7%0.26-3.6%
Bitcoin (BTCUSD)68.7%66.7%1.08-0.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date1302026
Short Interest: Shares Quantity7.8 Mil
Short Interest: % Change Since 11520269.1%
Average Daily Volume2.6 Mil
Days-to-Cover Short Interest3.0 days
Basic Shares Quantity22.1 Mil
Short % of Basic Shares35.3%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/19/2025-4.3%15.8%1.4%
1/23/20257.7%4.8%-24.7%
11/14/2023-3.5%-4.2%9.4%
8/14/2023-1.6%4.5%-23.0%
3/20/20232.7%-9.5%38.4%
11/14/2022-6.6%-21.3%-46.3%
8/15/2022-10.7%-19.4%-24.6%
3/11/2022-14.9%-12.7%-37.3%
...
SUMMARY STATS   
# Positive455
# Negative1099
Median Positive9.5%4.8%9.4%
Median Negative-3.5%-12.7%-24.6%
Max Positive17.5%15.8%38.4%
Max Negative-14.9%-21.3%-47.0%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/19/202510-Q
06/30/202508/14/202510-Q
03/31/202505/19/202510-Q
12/31/202404/15/202510-K
09/30/202411/14/202410-Q
06/30/202408/14/202410-Q
03/31/202405/20/202410-Q
12/31/202304/16/202410-K
06/30/202311/14/2023424B3
03/31/202308/14/2023S-4