XTI Aerospace, Inc. Income Statement
XTIA|12 years of annual SEC 10-K data (FY2014-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 12 fiscal years. All figures from audited SEC 10-K filings.
XTI Aerospace, Inc. reported $22M in revenue and $36M in net loss for FY2025. Revenue has declined at a 7.1% compound annual rate over the past 11 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.70 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.5M | $3.2M | $6.1M | $16.0M | $9.3M | $6.3M | $3.8M | $3.9M | $53.2M | $67.0M | $62.9M | $50.6M |
| Cost of Revenue | $17.6M | $1.3M | $2.1M | $4.4M | $2.6M | $1.6M | $1.1M | $494.0K | $38.2M | $47.6M | $44.2M | $38.3M |
| Gross Profit | $4.9M | $1.9M | $4.0M | $11.6M | $6.7M | $4.7M | $2.7M | $2.7M | $14.9M | $19.3M | $18.7M | $12.3M |
| SG&A Expense | $19.7M | $3.6M | $14.1M | $41.5M | $15.3M | $13.7M | $14.1M | $10.9M | $15.3M | $14.2M | $11.9M | - |
| R&D Expense | $2.0M | $1.4M | $4.5M | $14.1M | $6.5M | $3.9M | $1.2M | $964.0K | $2.3M | $635.0K | $616.0K | $88.0K |
| Operating Income | -$29.7M | -$7.6M | -$19.2M | -$72.7M | -$23.8M | -$20.8M | -$18.4M | -$15.0M | -$23.7M | -$11.4M | -$7.7M | -$3.9M |
| Interest Expense | $300.0K | $600.0K | -$600.0K | $1.2M | -$2.4M | -$2.3M | -$1.2M | -$1.9M | $1.7M | $448.0K | $387.0K | -$315.0K |
| Income Tax | $16.0K | $16.0K | -$181.0K | -$1.4M | -$56.0K | -$584.0K | -$584.0K | - | $0 | -$1.0K | - | - |
| Net Income | -$35.6M | -$25.1M | -$63.4M | -$69.2M | -$29.2M | -$34.0M | -$24.6M | -$35.0M | -$27.1M | -$11.7M | -$7.5M | -$4.3M |
| EPS (Basic) | -$162.78 | -$1576.48 | -$3412.09 | -$51.18 | -$1.01 | - | - | - | - | - | - | - |
| EPS (Diluted) | -$162.78 | -$1576.48 | -$3412.09 | -$51.18 | -$1.01 | -$47.52 | -$2600.77 | -$5511.40 | -$468.26 | -$8.30 | -$0.42 | -$0.35 |
| Shares Outstanding | 1.7M | 12.8K | 35.7K | 1.7M | 53.2M | 4.2M | 35.2K | 24.0K | 71.9K | 1.7M | 19.7M | 14.1M |
| Gross Margin | 21.9% | 59.0% | 65.3% | 72.7% | 71.9% | 74.5% | 71.4% | 68.7% | 28.1% | 28.9% | 29.8% | 24.2% |
| Operating Margin | -131.9% | -237.0% | -315.0% | -454.8% | -255.9% | -330.3% | -489.9% | -382.0% | -44.6% | -17.0% | -12.2% | -7.7% |
| Profit Margin | -158.3% | -782.8% | -1037.7% | -432.4% | -314.4% | -539.4% | -654.2% | -889.8% | -51.0% | -17.5% | -12.0% | -8.4% |