Tearsheet

XTI Aerospace (XTIA)

Market Price (12/27/2025): $1.37 | Market Cap: $30.2 Mil
Sector: Industrials | Industry: Aerospace & Defense

XTI Aerospace (XTIA)

Market Price (12/27/2025): $1.37
Market Cap: $30.2 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 -106%	Weak multi-year price returns 2Y Excs Rtn is -146%, 3Y Excs Rtn is -181%	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%	Meaningful 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 15%	Significant share based compensation SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 170%
2	Megatrend and thematic drivers Megatrends include Advanced Aviation & Space. Themes include Advanced Air Mobility.		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%
3			Valuation getting more expensive P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is 71%
4			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 -208%
5			High stock price volatility Vol 12M is 14377%
6			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 -106%
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 -146%, 3Y Excs Rtn is -181%
4	Meaningful 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 15%
5	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%
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 71%
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 -208%
10	High stock price volatility Vol 12M is 14377%
11	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

	12/27/25	2024	2023	2022	2021
Share Price CYE	$1.37	$10.75	$1,405.00	$16,078.24	$425,600.34
Market Cap CYE ($ Mil)	30.2	18.1	55.0	38.7	3,031,056.3
Total Debt ($ Mil)	0.3	3.1	9.1	13.1	4.4
Total Cash ($ Mil)	32.2	4.1	6.3	9.3	4.3
Enterprise Value ($ Mil)	-1.7	21.2	64.1	51.8	3,031,060.7
Valuation Ratios
P/S TTM	6.6	0.0	-	0.0	-
P/EBIT TTM	-0.5	-0.0	-0.0	-0.0	-0.2
P/E TTM	-0.5	-0.0	-0.0	-0.0	-0.2
P/FCF TTM	-0.8	-0.0	-0.1	-0.0	-0.9
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4	1.1	1.6
P/EBIT TTM (Sector)	13.0	11.8	11.2	9.1	12.2
P/E TTM (Sector)	17.2	16.5	15.4	12.1	16.0
P/FCF TTM (Sector)	13.6	13.2	12.1	8.4	13.8

	12/27/25	2024	2023
Share Price CYE	$1.37	$10.75	$1,405.00
Market Cap CYE ($ Mil)	30.2	18.1	55.0
Total Debt ($ Mil)	0.3	3.1	9.1
Total Cash ($ Mil)	32.2	4.1	6.3
Enterprise Value ($ Mil)	-1.7	21.2	64.1
Valuation Ratios
P/S TTM	6.6	0.0	-
P/EBIT TTM	-0.5	-0.0	-0.0
P/E TTM	-0.5	-0.0	-0.0
P/FCF TTM	-0.8	-0.0	-0.1
Sector Ratios
P/S TTM (Sector)	1.6	1.5	1.4
P/EBIT TTM (Sector)	13.0	11.8	11.2
P/E TTM (Sector)	17.2	16.5	15.4
P/FCF TTM (Sector)	13.6	13.2	12.1

	XTIA	S&P 500
REVENUE GROWTH	VERY GOOD
Rev LTM ($ Bil)	0.0
Rev Chg Q	170.6%	7.3%
Rev Chg LTM	112.1%	6.1%
Rev Chg 3Y Avg	112.1%	5.5%
PROFITABILITY	VERY POOR
Op Inc LTM ($ Bil)	-0.0
CFO LTM ($ Bil)	-0.0
Net Inc LTM ($ Bil)	-0.1
Op Mgn LTM	-850.1%	18.8%
CFO/Rev LTM	-833.7%	20.4%
Net Inc Mgn	-1,326.5%	13.1%
VALUATION	HIGH
P/S	6.6	3.3
P/CFO	-0.8	15.8
P/FCF	-0.8	20.7
P/E	-0.5	23.7
STABILITY	VERY GOOD
Debt/Equity	0.01	0.21
Cash/Assets	0.67	0.07

AI Analysis | Feedback

Metric	Value	Date	Source
Conditional pre-orders for TriFan 600 aircraft	more than 700	8192025	Link
Potential revenue from conditional pre-orders	approximately $7 billion	8192025	Link
Conditional pre-order from Mesa Airlines for TriFan 600 aircraft	up to 100	6122024	Link
Patent Cooperation Treaty participating countries for TriFan 600 innovations	157	6122024	Link
Reservations and options for TriFan 600 aircraft	150	11102025	Link

Upcoming
2/18/2026	Earnings Release	Rev: - EPS: -

XTIA Stock

Return (1M):

null

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Here are the key points for the movement of XTI Aerospace (XTIA) stock by -32.3% from approximately August 31, 2025, to December 27, 2025:

1. Continuing Poor Financial Performance and Cash Burn: XTI Aerospace continued to face challenges with declining revenues, negative profit margins, and ongoing cash flow issues, contributing to a weak overall financial health score. Analysts forecasted the company to remain unprofitable over the next three years.

2. Negative Analyst Sentiment: Throughout the period, analyst ratings for XTIA were largely negative, with some issuing "Sell" or "Underperform" recommendations and highlighting bearish trends and unattractive valuations for the stock.

3. Postponement of Annual Meeting: On November 13, 2025, XTI Aerospace announced the postponement of its 2025 Annual Meeting of Stockholders from its original date of November 14, 2025, to December 30, 2025, without providing a reason. This announcement led to a nearly 4% decline in the stock on the day it was published, reflecting moderate negative market reaction.

4. Q3 2025 Earnings Miss: The company's Third Quarter 2025 earnings report, filed around November 19, 2025, showed a significant miss on earnings per share (EPS), with actual results being substantially lower than analyst estimates.

5. Pre-Revenue Stage and High R&D Expenses: XTI Aerospace remained in a pre-revenue development phase for its TriFan 600 aircraft, incurring significant research and development expenses without generating corresponding revenue, which contributed to ongoing cash burn and investor uncertainty about profitability.

Stock Movement Drivers

Fundamental Drivers

The -6.2% change in XTIA stock from 9/26/2025 to 12/26/2025 was primarily driven by a -209.8% change in the company's Shares Outstanding (Mil).

	9262025	12262025	Change
Stock Price ($)	1.45	1.36	-6.21%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3.04	4.60	51.60%
P/S Multiple	3.40	6.52	91.69%
Shares Outstanding (Mil)	7.12	22.07	-209.82%
Cumulative Contribution			-419.14%

LTM = Last Twelve Months as of date shown

Market Drivers

9/26/2025 to 12/26/2025

	Return	Correlation
XTIA	-6.2%
Market (SPY)	4.3%	42.1%
Sector (XLI)	3.0%	42.9%

Fundamental Drivers

The -18.6% change in XTIA stock from 6/27/2025 to 12/26/2025 was primarily driven by a -551.9% change in the company's Shares Outstanding (Mil).

	6272025	12262025	Change
Stock Price ($)	1.67	1.36	-18.56%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	3.47	4.60	32.75%
P/S Multiple	1.63	6.52	299.93%
Shares Outstanding (Mil)	3.38	22.07	-551.90%
Cumulative Contribution			-2499.10%

LTM = Last Twelve Months as of date shown

Market Drivers

6/27/2025 to 12/26/2025

	Return	Correlation
XTIA	-18.6%
Market (SPY)	12.6%	27.2%
Sector (XLI)	7.5%	35.0%

Fundamental Drivers

The -86.4% change in XTIA stock from 12/26/2024 to 12/26/2025 was primarily driven by a -917751.1% change in the company's Shares Outstanding (Mil).

	12262024	12262025	Change
Stock Price ($)	10.00	1.36	-86.40%
Change Contribution By	LTM	LTM
Total Revenues ($ Mil)	0.00	4.60	∞%
P/S Multiple	∞	6.52	-100.00%
Shares Outstanding (Mil)	0.00	22.07	-917751.12%
Cumulative Contribution			�

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2024 to 12/26/2025

	Return	Correlation
XTIA	-86.4%
Market (SPY)	15.8%	-8.1%
Sector (XLI)	18.3%	-6.3%

Fundamental Drivers

null
null

Market Drivers

12/27/2023 to 12/26/2025

	Return	Correlation
XTIA	-99.9%
Market (SPY)	48.0%	-6.9%
Sector (XLI)	41.3%	-5.1%

Return vs. Risk

Price Returns Compared

	2020	2021	2022	2023	2024	2025	Total [1]
Returns
XTIA Return	-79%	-41%	-96%	-91%	-99%	-87%	-100%
Peers Return	16%	38%	-12%	21%	26%	16%	150%
S&P 500 Return	16%	27%	-19%	24%	23%	18%	114%
Monthly Win Rates [3]
XTIA Win Rate	33%	25%	0%	8%	8%	33%
Peers Win Rate	52%	65%	42%	68%	57%	52%
S&P 500 Win Rate	58%	75%	42%	67%	75%	73%
Max Drawdowns [4]
XTIA Max Drawdown	-80%	-45%	-96%	-91%	-99%	-100%
Peers Max Drawdown	-34%	-5%	-26%	-7%	-9%	-23%
S&P 500 Max Drawdown	-31%	-1%	-25%	-1%	-2%	-15%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: HPQ, HPE, IBM, CSCO, AAPL.
[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] 2025 data is for the year up to 12/26/2025 (YTD)

How Low Can It Go

Unique Key	Event	XTIA	S&P 500
2022 Inflation Shock	2022 Inflation Shock
2022 Inflation Shock% Loss	% Loss	-99.9%	-25.4%
2022 Inflation Shock% Gain to Breakeven	% Gain to Breakeven	118292.4%	34.1%
2022 Inflation ShockTime to Breakeven	Time to Breakeven	Not Fully Recovered days	464 days
2020 Covid Pandemic	2020 Covid Pandemic
2020 Covid Pandemic% Loss	% Loss	-95.1%	-33.9%
2020 Covid Pandemic% Gain to Breakeven	% Gain to Breakeven	1947.5%	51.3%
2020 Covid PandemicTime to Breakeven	Time to Breakeven	Not Fully Recovered days	148 days
2018 Correction	2018 Correction
2018 Correction% Loss	% Loss	-100.0%	-19.8%
2018 Correction% Gain to Breakeven	% Gain to Breakeven	1.40209526E7%	24.7%
2018 CorrectionTime to Breakeven	Time to Breakeven	Not Fully Recovered days	120 days
2008 Global Financial Crisis	2008 Global Financial Crisis
2008 Global Financial Crisis% Loss	% Loss	-99.9%	-56.8%
2008 Global Financial Crisis% Gain to Breakeven	% Gain to Breakeven	99900.0%	131.3%
2008 Global Financial CrisisTime to Breakeven	Time to Breakeven	649 days	1,480 days

Compare to HPQ, HPE, IBM, CSCO, AAPL

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.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About XTI Aerospace (XTIA)

Business Description Analogies Products Customers Suppliers Management Key Risks Emerging Threats Market Size Revenue Drivers Capital Allocation

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

```html

Mullen Technologies, Inc. (subsidiary of Mullen Automotive, Inc., NASDAQ: MULN)
VerdeGo Aero

```

AI Analysis | Feedback

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.

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.
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.
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:

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.
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.
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.
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.

	Best Bets In Industrials Sector
What You Pay
P/E	-0.5	19.9	33.4	25.7	10.4	37.5	37.9	36.7	30.6	70.3	35.9
P/EBIT	-0.5	9.6	22.8	17.7	5.2	37.6	27.2	18.1	14.9	20.8	27.7
What You Get
Rev Chg Q	170.6%	8.4%	5.9%	18.3%	4.4%	-2.3%	12.5%	11.5%	2.3%	16.1%	21.5%
Rev Chg LTM	112.1%	10.7%	7.3%	12.4%	6.3%	13.5%	13.3%	11.2%	27.9%	8.5%	14.9%
Rev Chg 3Y Avg	�	10.3%	13.4%	7.9%	3.4%	26.9%	21.4%	17.7%	9.4%	9.1%	11.3%
FCF/Rev 3Y Avg	�	39.2%	33.2%	32.6%	24.7%	24.5%	21.5%	21.0%	20.1%	19.0%	18.9%

Latest Trefis Analyses

	Title	Topic
0	DASHBOARDS
1	XTI Aerospace Earnings Notes
2	Would You Still Hold XTI Aerospace Stock If It Fell 30%?	Return

	Title
0	ARTICLES

Trade Ideas

Select ideas related to XTIA. For more, see Trefis Trade Ideas.

Unique Key	Date	Ticker	Company	Category	Trade Strategy	6M Fwd Rtn	12M Fwd Rtn	12M Max DD
CNM_11212025_Dip_Buyer_FCFYield	11212025	CNM	Core & Main	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	18.3%	18.3%	-1.6%
VRRM_11212025_Dip_Buyer_FCFYield	11212025	VRRM	Verra Mobility	Dip Buy	DB \| FCFY OPMDip Buy with High FCF Yield and High Margin Buying dips for companies with high FCF yield and meaningfully high operating margin	5.5%	5.5%	-1.2%
LII_11212025_Dip_Buyer_ValueBuy	11212025	LII	Lennox International	Dip Buy	DB \| P/E OPMDip Buy with Low PE and High Margin Buying dips for companies with tame PE and meaningfully high operating margin	7.1%	7.1%	0.0%
ADP_11212025_Monopoly_xInd_xCD_Getting_Cheaper	11212025	ADP	Automatic Data Processing	Monopoly	MY \| Getting CheaperMonopoly-Like with P/S Decline Large cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple	2.9%	2.9%	-1.2%
CW_11212025_Quality_Momentum_RoomToRun_10%	11212025	CW	Curtiss-Wright	Quality	Q \| Momentum \| UpsideQuality Stocks with Momentum and Upside Buying quality stocks with strong momentum but still having room to run	5.7%	5.7%	-0.4%

Recent Active Movers

Top Gainers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
ZETA	Zeta Global	4.6	8.3%	15.1%
SGML	Sigma Lithium	1.6	7.3%	29.2%
USAS	Americas Gold And Silver	1.6	6.6%	557.6%
CPNG	Coupang	44.2	6.4%	10.4%
LION	Lionsgate Studios	2.7	4.6%	-69.9%
BBW	Build-A-Bear Workshop	0.8	4.4%	37.8%
XRAY	Dentsply Sirona	2.3	4.2%	-36.3%
BLMN	Bloomin Brands	0.6	3.8%	-41.2%
FUN	Six Flags Entertainment	1.5	3.8%	-69.1%
SVM	Silvercorp Metals	1.9	3.6%	198.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1D Rtn	YTD Rtn
FLY	Firefly Aerospace	3.3	-13.7%	-61.3%
TMC	TMC The Metals	2.5	-10.5%	508.9%
ORGO	Organogenesis	0.7	-10.1%	64.8%
AAOI	Applied Optoelectronics	2.4	-9.3%	0.8%
BKSY	BlackSky Technology	0.7	-9.0%	79.0%
LUNR	Intuitive Machines	1.8	-8.7%	-16.0%
RCAT	Red Cat	0.8	-8.7%	-35.4%
RGTI	Rigetti Computing	6.7	-8.7%	46.7%
RDW	Redwire	1.0	-8.6%	-56.6%
RKLB	Rocket Lab	36.4	-8.5%	177.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
OMER	Omeros	0.9	71.5%	59.0%
RZLT	Rezolute	0.3	44.3%	-45.5%
DVAX	Dynavax Technologies	1.8	41.5%	20.4%
LUNR	Intuitive Machines	1.8	40.6%	-16.0%
UAMY	United States Antimony	0.7	39.0%	252.5%
FOLD	Amicus Therapeutics	4.4	30.9%	51.3%
ADEA	Adeia	1.9	30.3%	23.0%
HUT	Hut 8	5.2	28.6%	142.3%
AAOI	Applied Optoelectronics	2.4	27.1%	0.8%
SGML	Sigma Lithium	1.6	24.9%	29.2%

Top Losers

Ticker	Company	Mkt Cap (B)	1W Rtn	YTD Rtn
TPL	Texas Pacific Land	6.6	-67.9%	-21.5%
LW	Lamb Weston	5.9	-29.0%	-35.3%
TLRY	Tilray Brands	10.2	-22.2%	-27.8%
TDUP	ThredUp	0.8	-18.2%	348.2%
LAB	Standard BioTools	0.5	-16.9%	-21.1%
OLMA	Olema Pharmaceuticals	2.2	-14.9%	349.9%
EVEX	Eve	1.4	-12.0%	-21.9%
IRON	Disc Medicine	2.8	-11.2%	26.7%
AVO	Mission Produce	0.8	-11.1%	-18.8%
CABO	Cable One	0.7	-10.6%	-67.4%

Top Gainers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
TLRY	Tilray Brands	10.2	876.4%	-27.8%
HPP	Hudson Pacific Properties	4.7	452.7%	-51.0%
WVE	WAVE Life Sciences	2.9	139.2%	43.7%
TE	T1 Energy	1.1	106.7%	400.0%
VERA	Vera Therapeutics	3.4	82.1%	26.7%
OMER	Omeros	0.9	66.2%	59.0%
RKLB	Rocket Lab	36.4	65.8%	177.4%
PL	Planet Labs PBC	5.9	65.0%	379.2%
AAOI	Applied Optoelectronics	2.4	63.5%	0.8%
LUNR	Intuitive Machines	1.8	62.4%	-16.0%

Top Losers

Ticker	Company	Mkt Cap (B)	1M Rtn	YTD Rtn
RZLT	Rezolute	0.3	-72.0%	-45.5%
JANX	Janux Therapeutics	0.9	-59.0%	-73.4%
FRMI	Fermi	5.3	-46.0%	-76.6%
LENZ	LENZ Therapeutics	0.5	-43.5%	-41.6%
GOGO	Gogo	0.6	-35.3%	-43.0%
HPK	HighPeak Energy	0.5	-33.9%	-70.4%
PACB	Pacific Biosciences of California	0.5	-32.7%	-3.3%
LDI	loanDepot	0.4	-29.6%	3.9%
ORIC	ORIC Pharmaceuticals	0.6	-29.0%	2.2%
LW	Lamb Weston	5.9	-28.6%	-35.3%

Peer Comparisons for XTI Aerospace

Peers to compare with:

Financials

	XTIA	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	XTI Aero.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Price	1.36	23.26	24.49	305.09	78.16	273.40	51.32
Mkt Cap	0.0	21.9	32.6	284.9	309.2	4,074.4	158.8
Rev LTM	5	55,295	34,296	65,402	57,696	408,625	56,496
Op Inc LTM	-39	3,624	1,644	11,544	12,991	130,214	7,584
FCF LTM	-39	2,800	627	11,854	12,733	96,184	7,327
FCF 3Y Avg	-19	2,978	1,400	11,753	13,879	100,503	7,366
CFO LTM	-38	3,697	2,919	13,483	13,744	108,565	8,590
CFO 3Y Avg	-19	3,672	3,896	13,498	14,736	111,559	8,697

Growth & Margins

	XTIA	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	XTI Aero.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Rev Chg LTM	112.1%	3.2%	13.8%	4.5%	8.9%	6.0%	7.4%
Rev Chg 3Y Avg	-	-3.9%	6.5%	2.6%	3.7%	1.8%	2.6%
Rev Chg Q	170.6%	4.2%	14.4%	9.1%	7.5%	9.6%	9.4%
QoQ Delta Rev Chg LTM	51.6%	1.1%	3.7%	2.1%	1.8%	2.1%	2.1%
Op Mgn LTM	-850.1%	6.6%	4.8%	17.7%	22.5%	31.9%	12.1%
Op Mgn 3Y Avg	-	7.4%	7.2%	16.4%	24.2%	30.8%	16.4%
QoQ Delta Op Mgn LTM	89.6%	-0.2%	-1.4%	0.6%	0.4%	0.1%	0.2%
CFO/Rev LTM	-833.7%	6.7%	8.5%	20.6%	23.8%	26.6%	14.6%
CFO/Rev 3Y Avg	-	6.8%	12.7%	21.4%	26.1%	28.4%	21.4%
FCF/Rev LTM	-836.9%	5.1%	1.8%	18.1%	22.1%	23.5%	11.6%
FCF/Rev 3Y Avg	-	5.5%	4.6%	18.6%	24.6%	25.6%	18.6%

Valuation

	XTIA	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	XTI Aero.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
Mkt Cap	0.0	21.9	32.6	284.9	309.2	4,074.4	158.8
P/S	6.5	0.4	1.0	4.4	5.4	10.0	4.9
P/EBIT	-0.5	6.8	19.9	25.1	22.5	31.3	21.2
P/E	-0.5	8.6	572.7	36.0	29.9	41.0	33.0
P/CFO	-0.8	5.9	11.2	21.1	22.5	37.5	16.2
Total Yield	-203.4%	14.1%	2.3%	5.0%	5.4%	2.8%	3.9%
Dividend Yield	0.0%	2.5%	2.1%	2.2%	2.1%	0.4%	2.1%
FCF Yield 3Y Avg	-24,832.5%	10.6%	5.5%	6.4%	6.0%	3.1%	5.7%
D/E	0.0	0.5	0.7	0.2	0.1	0.0	0.2
Net D/E	-1.1	0.3	0.6	0.2	0.0	0.0	0.1

Returns

	XTIA	HPQ	HPE	IBM	CSCO	AAPL	Median
Name	XTI Aero.	HP	Hewlett .	Internat.	Cisco Sy.	Apple
1M Rtn	-15.5%	-1.8%	14.4%	0.6%	2.7%	-1.5%	-0.4%
3M Rtn	-6.2%	-11.9%	2.7%	7.9%	17.0%	7.1%	4.9%
6M Rtn	-18.6%	-4.0%	34.5%	6.6%	15.2%	36.3%	10.9%
12M Rtn	-86.4%	-27.3%	14.2%	39.2%	33.7%	6.0%	10.1%
3Y Rtn	-100.0%	-3.8%	67.7%	139.0%	79.5%	113.4%	73.6%
1M Excs Rtn	-11.1%	-5.6%	12.9%	-2.2%	-0.0%	-3.7%	-3.0%
3M Excs Rtn	-10.5%	-16.2%	-1.7%	3.6%	12.7%	2.8%	0.6%
6M Excs Rtn	-30.8%	-16.3%	22.3%	-5.7%	3.0%	24.0%	-1.3%
12M Excs Rtn	-102.5%	-42.9%	-0.7%	25.0%	19.9%	-8.4%	-4.6%
3Y Excs Rtn	-181.3%	-83.5%	-11.2%	59.6%	-1.2%	28.4%	-6.2%

FDIC Bank Data

Bank Capital

null

Bank Deposits

null

Bank Assets

null

Bank Loans

null

FDA Approved Drugs Data

Expand for Morenull

Financials

Annual
Quarterly

$ Mil \| FY: 12/31	LTM	2024	2023	2022	2021
Period End	9/30/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Filing Date	11/19/2025	4/15/2025	4/16/2024	11/14/2023	11/14/2023
Key Financials
Total Revenue	5	3	0	6	0
EBITDA	-60	-33	-24	-11	-18
Operating Income	-39	-28	-6	-18	-17
Net Income	-61	-36	-25	-63	-18
EPS	-15.78	-21.95	-640.34	-26370.22	-7674.38
Growth Rates
Total Revenue Growth	112.1%	∞%	-100.0%	∞%	-
EBITDA Growth	-63.9%	-40.1%	-115.2%	37.4%	-
Operating Income Growth	-95.6%	-387.2%	67.5%	-2.0%	-
Net Income Growth	-61.0%	-42.0%	60.5%	-243.6%	-
Margins
EBITDA Margin	-1293.9%	-1045.3%	-	-181.7%	-
Operating Income Margin	-850.1%	-873.9%	-	-288.9%	-
Net Income Margin	-1326.5%	-1111.9%	-	-1037.7%	-
Cash & Debt
Total Cash	32	4	6	9	4
Total Debt	0	3	9	13	4
Net Debt / (Cash)	-32	-1	3	4	0
Cash Flows
Net Cash from Operations	-38	-22	-4	-34	-4
Free Cash from Operations	-39	-22	-4	-35	-4
Returns to Shareholders
Dividends	0	-0	10	-0	-0
Share Repurchases	2	1	-0	102	-0

$ Mil \| FY: 12/31	2025Q3	2025Q2	2025Q1	2024Q4	2024Q3	2024Q2	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1
Period End	9/30/2025	6/30/2025	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023
Filing Date	11/19/2025	8/14/2025	5/19/2025	4/15/2025	11/14/2024	8/14/2024	5/20/2024	4/16/2024	11/14/2024	11/14/2023	8/14/2023
Key Financials Quarterly
Total Revenue	2	1	0	1	1	1	0	0	0	0	0
Ebitda	-13	-21	-12	-13	-4	-14	-2	-16	-2	-4	-1
Operating Income	-15	-7	-10	-7	-4	-14	-2	1	-2	-3	-1
Net Income	-13	-21	-13	-14	-4	-15	-3	-16	-3	-5	-2
EPS	-0.61	-2.93	-3.80	-8.44	-33.40	-261.99	-124.05	-413.05	-1124.38	-1925.54	-651.00
Key Financials TTM
Total Revenue TTM	5	3	3	3	2	1	0	0	0	0	-
Ebitda TTM	-60	-50	-44	-33	-36	-35	-25	-24	-10	-16	-
Operating Income TTM	-39	-29	-35	-28	-20	-17	-7	-6	-8	-13	-
Net Income TTM	-61	-52	-46	-36	-38	-36	-26	-25	-11	-16	-
Growth Rates Quarterly
Total Revenue Growth	170.6%	-41.8%	120.0%	-	-	-	-	-	-	-	-
EBITDA Growth	-242.0%	-44.7%	-450.2%	18.0%	-63.1%	-229.1%	-71.8%	-818.0%	70.7%	-	-
Operating Income Growth	-251.3%	49.9%	-313.5%	-1506.2%	-153.2%	-302.3%	-108.1%	131.1%	76.5%	-	-
Net Income Growth	-203.2%	-41.8%	-394.7%	14.3%	-64.1%	-217.8%	-66.3%	-739.2%	67.7%	-	-
Margins Quarterly
EBITDA Margin	-536.7%	-3454.7%	-2581.4%	-1256.5%	-424.6%	-1388.9%	-1032.3%	-	-	-	-
Operating Income Margin	-596.2%	-1163.5%	-2039.5%	-721.5%	-459.3%	-1350.8%	-1085.0%	-	-	-	-
Net Income Margin	-541.3%	-3476.3%	-2659.5%	-1341.3%	-483.1%	-1426.8%	-1182.7%	-	-	-	-
Cash & Debt
Total Cash	32	20	8	4	1	6	2	6	-	0	0
Total Debt	0	0	0	3	3	3	2	9	0	6	6
Net Debt / (Cash)	-32	-20	-8	-1	3	-3	-0	3	-	6	6
Cash Flows Quarterly
FCF from Operations	-8	-7	-15	-8	-6	-6	-3	-1	-1	-1	-0
Cash Flows TTM
FCF from Operations TTM	-38	-36	-35	-22	-16	-11	-6	-4	-4	-5	-
Returns to Shareholders Quarterly
Dividends	0	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-0	-0	1	1	-0	-0	-0	-0	-0	-0	-0
Return on Invested Capital (ROIC) Quarterly
ROIC	-49.0%	-23.1%	-34.9%	-30.1%	-18.9%	-66.9%	-12.9%	0.6%	-	-49.7%	-19.2%
Return on Invested Capital (ROIC) TTM
ROIC TTM	-32.3%	-23.6%	-31.3%	-28.2%	-22.4%	-21.0%	-9.4%	-1.6%	-	-48.0%	-

Segment Financials

Revenue by Segment

$ Mil	2024
Single Segment	0
Total	0

Assets by Segment

$ Mil	2024
Single Segment	5
Total	5

Price Behavior

Price Behavior

Market Price	$1.36
Market Cap ($ Bil)	0.0
First Trading Date	07/17/2007
Distance from 52W High	-87.3%
	50 Days	200 Days
DMA Price	$1.47	$1.76
DMA Trend	down	down
Distance from DMA	-7.3%	-22.9%
	3M	1YR
Volatility	78.8%	14,463.6%
Downside Capture	310.63	-382.52
Upside Capture	219.37	-508.06
Correlation (SPY)	40.8%	-8.0%

XTIA Betas & Captures as of 11/30/2025

	1M	2M	3M	6M	1Y	3Y
Beta	3.24	2.59	2.29	0.95	-58.65	-30.87
Up Beta	9.60	5.29	3.73	0.93	-0.01	0.78
Down Beta	2.46	0.96	-0.33	0.61	-98.92	-69.81
Up Capture	141%	312%	232%	100%	-57%	-6%
Bmk +ve Days	13	26	39	74	142	427
Stock +ve Days	9	23	32	58	109	284
Down Capture	199%	224%	329%	155%	-4729%	102%
Bmk -ve Days	7	16	24	52	107	323
Stock -ve Days	11	18	28	61	128	445

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively

Based On 1-Year Data

		Comparison of XTIA With Other Asset Classes (Last 1Y)
	XTIA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-87.3%	19.3%	17.8%	72.1%	8.6%	4.4%	-8.3%
Annualized Volatility	14,377.2%	18.8%	19.4%	19.3%	15.2%	17.0%	35.0%
Sharpe Ratio	0.99	0.80	0.72	2.70	0.34	0.09	-0.08
Correlation With Other Assets		-6.3%	-8.1%	3.9%	17.6%	-14.6%	6.5%

ETFs used for asset classes: Sector ETF = XLI, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Based On 5-Year Data

		Comparison of XTIA With Other Asset Classes (Last 5Y)
	XTIA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-92.8%	13.8%	14.7%	18.7%	11.5%	4.6%	30.8%
Annualized Volatility	6,431.2%	17.2%	17.1%	15.5%	18.7%	18.9%	48.7%
Sharpe Ratio	0.42	0.65	0.70	0.97	0.50	0.16	0.57
Correlation With Other Assets		-2.8%	-3.8%	2.7%	6.4%	-5.7%	2.1%

Based On 10-Year Data

		Comparison of XTIA With Other Asset Classes (Last 10Y)
	XTIA	Sector ETF	Equity	Gold	Commodities	Real Estate	Bitcoin
Annualized Return	-92.8%	13.5%	14.8%	15.3%	7.0%	5.3%	69.2%
Annualized Volatility	4,550.7%	19.9%	18.0%	14.7%	17.6%	20.8%	55.8%
Sharpe Ratio	0.29	0.60	0.71	0.86	0.32	0.22	0.90
Correlation With Other Assets		-1.5%	-2.4%	2.1%	5.0%	-3.5%	1.3%

Short Interest

Short Interest: As Of Date	12152025
Short Interest: Shares Quantity	3,265,863
Short Interest: % Change Since 11302025	46.3%
Average Daily Volume	1,217,931
Days-to-Cover Short Interest	2.68
Basic Shares Quantity	22,065,141
Short % of Basic Shares	14.8%

Returns Analyses

	Title
0	Would You Still Hold XTI Aerospace Stock If It Fell 30%?

Earnings Returns History

Expand for More

	Forward Returns
Earnings Date	1D Returns	5D Returns	21D Returns
11/19/2025	-4.3%	15.8%	1.4%
1/23/2025	7.7%	4.8%	-24.7%
11/14/2023	-3.5%	-4.2%	9.4%
8/14/2023	-1.6%	4.5%	-23.0%
3/20/2023	2.7%	-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
# Positive	4	5	5
# Negative	10	9	9
Median Positive	9.5%	4.8%	9.4%
Median Negative	-3.5%	-12.7%	-24.6%
Max Positive	17.5%	15.8%	38.4%
Max Negative	-14.9%	-21.3%	-47.0%

	Forward Returns
11/19/2025	-4.3%	15.8%	1.4%
1/23/2025	7.7%	4.8%	-24.7%
11/14/2023	-3.5%	-4.2%	9.4%
8/14/2023	-1.6%	4.5%	-23.0%
3/20/2023	2.7%	-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%
11/15/2021	-3.6%	-19.8%	-16.8%
8/16/2021	-1.9%	-6.1%	-8.8%
3/25/2021	-2.4%	-3.3%	-4.1%
11/12/2020	-1.0%	7.8%	2.9%
7/8/2020	11.3%	2.6%	27.0%
3/3/2020	17.5%	-15.2%	-47.0%
SUMMARY STATS
# Positive	4	5	5
# Negative	10	9	9
Median Positive	9.5%	4.8%	9.4%
Median Negative	-3.5%	-12.7%	-24.6%
Max Positive	17.5%	15.8%	38.4%
Max Negative	-14.9%	-21.3%	-47.0%

SEC Filings

Expand for More

Report Date	Filing Date	Filing
9302025	11192025	10-Q 9/30/2025
6302025	8142025	10-Q 6/30/2025
3312025	5192025	10-Q 3/31/2025
12312024	4152025	10-K 12/31/2024
9302024	11142024	10-Q 9/30/2024
6302024	8142024	10-Q 6/30/2024
3312024	5202024	10-Q 3/31/2024
12312023	4162024	10-K 12/31/2023
3312023	8142023	S-4 3/31/2023
12312022	11142023	424B3 12/31/2022

Insider Activity

Expand for Morenull

External Quote Links

0	Y Finance	Barrons
1	TradingView	Morningstar
2	SeekingAlpha	ValueLine
3	Motley Fool	Robinhood
4	CNBC	Etrade
5	MarketWatch	Unusual Whales
6	YCharts	Perplexity Finance
7	FinViz

Prefer one of these to Trefis? Tell us why.

XTI Aerospace (XTIA)

Market Price (12/27/2025): $1.37 | Market Cap: $30.2 MilSector: Industrials | Industry: Aerospace & Defense

XTI Aerospace (XTIA)

Market Price (12/27/2025): $1.37Market Cap: $30.2 MilSector: IndustrialsIndustry: Aerospace & Defense

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

Valuation, Metrics & Events

XTIA Stock

Why The Stock Moved

Qualitative Assessment

Stock Movement Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Fundamental Drivers

Market Drivers

Return vs. Risk

Price Returns Compared

How Low Can It Go

In The Past

Preserve Wealth

Asset Allocation

About XTI Aerospace (XTIA)

Advanced Air Mobility (AAM) / Business Jet Market

Real-time Location Systems (RTLS) Market

Interactive Breakdown

Better Bets than XTI Aerospace (XTIA)

Latest Trefis Analyses

Trade Ideas

Recent Active Movers

Top Gainers

Top Losers

Top Gainers

Top Losers

Top Gainers

Top Losers

More From Trefis

Research & Analysis

Invest in Strategies

Wealth Management

Peer Comparisons for XTI Aerospace

Financials

Growth & Margins

Valuation

Returns

Comparison Analyses

FDIC Bank Data

Bank Capital

Bank Deposits

Bank Assets

Bank Loans

FDA Approved Drugs Data

Financials

Segment Financials

Price Behavior

Based On 1-Year Data

Based On 5-Year Data

Based On 10-Year Data

Short Interest

Returns Analyses

Earnings Returns History

SEC Filings

Insider Activity

Industry Resources

External Quote Links

Market Price (12/27/2025): $1.37 | Market Cap: $30.2 Mil
Sector: Industrials | Industry: Aerospace & Defense

Market Price (12/27/2025): $1.37
Market Cap: $30.2 Mil
Sector: Industrials
Industry: Aerospace & Defense