Filing Flows › XTI Aerospace (XTIA) › Q1 2025
XTI Aerospace (XTIA) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 19, 2025
XTI Aerospace (XTIA) reported revenue of $484K for the first quarter 2025 (Q1 2025), +120% from a year earlier and -53% from the quarter before.
XTI Aerospace, Q1 2025: revenue $484K (+120% year over year), net loss $12.9M, operating cash flow −$15.2M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $484K | -53% | +120% |
| Operating profit | −$10.4M | — | — |
| Net earnings | −$12.9M | — | — |
| Operating cash flow | −$15.2M | — | — |
What changed
Revenue was $484K in Q1 2025, up 120% year over year and down 53% from the previous quarter.
Gross margin was 69.2%, up 5.1 points from a year earlier. Operating costs exceeded revenue by $10.4M, an operating margin of -2149.2%. Operating expenses grew 19% against revenue growth of 120%. The fastest-growing cost line was General & admin (+330%). The quarter ended with a net loss of $12.9M, narrower than the previous quarter's $13.9M loss.
Operating cash flow was −$15.2M. Non-cash charges added back $32K of depreciation and amortization and $455K of share-based compensation. Working capital and other items used $2.9M. Capital expenditures of $45K exceeded it, leaving free cash flow of −$15.3M.
Questions
What was XTI Aerospace's revenue in the first quarter 2025?
XTI Aerospace (XTIA) reported revenue of $484K for the first quarter 2025 (Q1 2025), +120% from a year earlier and -53% from the quarter before.
Source: XTI Aerospace 10-Q on SEC EDGAR.