XTI Aerospace (NASDAQ:XTIA) Posts Quarterly Earnings Results, Misses Expectations By $0.73 EPS

XTI Aerospace (NASDAQ:XTIA) announced its earnings results on Thursday. The technology company reported ($1.00) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.73), FiscalAI reports. XTI Aerospace had a negative net margin of 263.88% and a negative return on equity of 578.38%. The firm had revenue of $27.70 million during the quarter, compared to analysts’ expectations of $33.20 million.

Here are the key takeaways from XTI Aerospace’s conference call:

• Management said XTI is now a revenue-generating unmanned systems platform and expects full-year 2026 revenue of about $160 million or more, with gross margin guidance of 19% to 21% and EBITDA margins of 9% to 10%.
• The company reiterated confidence that it can reach positive cash flow in Q3 2026, saying revenue growth and cost reductions should continue to narrow losses through the second half of the year.
• XTI ended Q1 with about $15.2 million in unrestricted cash and access to additional liquidity under its $20 million ABL facility, which management said leaves the balance sheet stable for now.
• Drone Nerds described strong demand across enterprise and government end markets, with particular traction in public safety, agriculture, infrastructure, utilities, and energy, helped by growing interest in NDAA-compliant and domestically aligned drone solutions.
• Management framed Drone Nerds as a differentiated platform rather than a traditional reseller, citing its scale, repair and training infrastructure, and enterprise-focused solution set. It also sees a fragmented U.S. market with consolidation opportunities, including tuck-in M&A and organic share gains.

XTI Aerospace Trading Down 3.3%

XTIA stock traded down $0.06 during trading on Thursday, hitting $1.78. The company had a trading volume of 3,035,901 shares, compared to its average volume of 2,211,446. The firm has a market capitalization of $68.48 million, a P/E ratio of -0.22 and a beta of 4.87. XTI Aerospace has a 52-week low of $1.22 and a 52-week high of $7.43. The company has a 50 day simple moving average of $2.20 and a 200-day simple moving average of $1.80. The company has a quick ratio of 0.77, a current ratio of 1.09 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on XTIA shares. Wall Street Zen raised shares of XTI Aerospace from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Maxim Group raised shares of XTI Aerospace to a “strong-buy” rating in a research note on Friday, March 20th. Finally, Weiss Ratings reissued a “sell (e+)” rating on shares of XTI Aerospace in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd increased its stake in XTI Aerospace by 86.1% in the 4th quarter. XTX Topco Ltd now owns 105,738 shares of the technology company’s stock worth $131,000 after buying an additional 48,918 shares during the period. Millennium Management LLC purchased a new position in XTI Aerospace in the 4th quarter worth about $137,000. State Street Corp increased its stake in XTI Aerospace by 18.9% in the 4th quarter. State Street Corp now owns 89,403 shares of the technology company’s stock worth $111,000 after buying an additional 14,200 shares during the period. Geode Capital Management LLC increased its stake in XTI Aerospace by 81.3% in the 4th quarter. Geode Capital Management LLC now owns 303,459 shares of the technology company’s stock worth $376,000 after buying an additional 136,104 shares during the period. Finally, Virtu Financial LLC purchased a new position in XTI Aerospace in the 3rd quarter worth about $42,000. Hedge funds and other institutional investors own 11.70% of the company’s stock.

XTI Aerospace Company Profile

XTI Aerospace Inc (NASDAQ: XTIA) is an early‐stage aerospace company headquartered in Englewood, Colorado, focused on the design and development of vertical takeoff and landing (VTOL) aircraft for the business and specialty aviation markets. The company’s core mission is to deliver a next‐generation hybrid wing–body aircraft capable of both VTOL and short-takeoff and landing (STOL) operations, addressing the growing demand for point-to-point air transportation without the need for traditional airport infrastructure.

The company’s flagship product, the TriFan 600, is a six- to eight-seat business aircraft powered by a proprietary tri-fan propulsion system.