Filing Flows › XTI Aerospace (XTIA) › Q4 2025
XTI Aerospace (XTIA) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Apr 15, 2026
XTI Aerospace (XTIA) reported revenue of $18.9M for the fourth quarter 2025 (Q4 2025), up 18-fold from a year earlier and +662% from the quarter before. Operating margin was -34.2%, net loss $21.6M (114.1% of revenue).
XTI Aerospace, Q4 2025: revenue $18.9M (18× year over year), operating margin -34.2%, net loss $21.6M, operating cash flow −$6.3M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $18.9M | +662% | 18× |
| Operating profit | −$6.5M | — | — |
| Net earnings | −$21.6M | — | — |
| Operating cash flow | −$6.3M | — | — |
What changed
Revenue was $18.9M in Q4 2025, up 1732% year over year and up 662% from the previous quarter.
Gross margin was 16.0%, down 38.7 points from Q4 2024. Operating costs exceeded revenue by $6.5M, an operating margin of -34.2%. Operating expenses grew 196% against revenue growth of 1732%. The quarter ended with a net loss of $21.6M, wider than the previous quarter's $13.4M loss. Net interest and other expense of $15.1M was the main reason.
Operating cash flow was −$6.3M. Non-cash charges added back $45K of depreciation and amortization and $4.5M of share-based compensation. Working capital and other items added $10.8M. Capital expenditures of $89K exceeded it, leaving free cash flow of −$6.3M.
Questions
What was XTI Aerospace's revenue in the fourth quarter 2025?
XTI Aerospace (XTIA) reported revenue of $18.9M for the fourth quarter 2025 (Q4 2025), up 18-fold from a year earlier and +662% from the quarter before.
Was XTI Aerospace profitable in the fourth quarter 2025?
Operating loss was $6.5M (-34.2% of revenue) and net loss $21.6M.
Source: XTI Aerospace 10-K on SEC EDGAR.