Filing Flows › XTI Aerospace (XTIA) › Q3 2025
XTI Aerospace (XTIA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 19, 2025
XTI Aerospace (XTIA) reported revenue of $2.5M for the third quarter 2025 (Q3 2025), +171% from a year earlier and +314% from the quarter before. Operating margin was -596.2%, net loss $13.4M (541.3% of revenue).
XTI Aerospace, Q3 2025: revenue $2.5M (+171% year over year), operating margin -596.2%, net loss $13.4M, operating cash flow −$8.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.5M | +314% | +171% |
| Operating profit | −$14.8M | — | — |
| Net earnings | −$13.4M | — | — |
| Operating cash flow | −$8.4M | — | — |
What changed
Revenue was $2.5M in Q3 2025, up 171% year over year and up 314% from the previous quarter.
Gross margin was 43.4%, down 13.3 points from a year earlier. Operating costs exceeded revenue by $14.8M, an operating margin of -596.2%. Operating expenses grew 235% against revenue growth of 171%. The fastest-growing cost line was General & admin (+384%). The quarter ended with a net loss of $13.4M, narrower than the previous quarter's $20.9M loss.
Operating cash flow was −$8.4M. Non-cash charges added back $35K of depreciation and amortization and $6.3M of share-based compensation. Working capital and other items used $1.3M. Capital expenditures of $23K exceeded it, leaving free cash flow of −$8.4M.
Questions
What was XTI Aerospace's revenue in the third quarter 2025?
XTI Aerospace (XTIA) reported revenue of $2.5M for the third quarter 2025 (Q3 2025), +171% from a year earlier and +314% from the quarter before.
Was XTI Aerospace profitable in the third quarter 2025?
Operating loss was $14.8M (-596.2% of revenue) and net loss $13.4M.
Source: XTI Aerospace 10-Q on SEC EDGAR.