XTI Aerospace Inc (XTIA) News & EventsXTIAXTI Aerospace Inc

XTI Aerospace Reports Q3 Revenue of $35.3M

XTI Aerospace announced preliminary revenue for Q3 of $35.3M, which it notes is in line with the 2026 revenue outlook of $125M-$130M provided in the company's release of second quarter results issued earlier this week. "The third quarter saw an approximately 9% sequential increase from the second quarter of 2026 led by continued demand for enterprise drone solutions and expanded product offerings across public safety, government, energy, infrastructure, agriculture and commercial markets. This revenue growth, together with the reductions in corporate overhead and lower cash burn we achieved in the third quarter, reflects progress on our plan, while we continue to work to address our near-term liquidity needs, including the restructuring of our acquisition-related notes," said Jeremy Schneiderman, XTI Aerospace's Interim Chief Executive Officer.

XTI Aerospace Reports Q2 Revenue of $32.4M

Reports Q2 revenue $32.4M vs. $25.130M pro forma last year. "Demand for enterprise drone solutions continues to build across enterprise and government buyers and, as one of the nation's leading enterprise drone providers, we believe we are well positioned to capitalize on that opportunity," said Jeremy Schneiderman, XTI Aerospace's Interim CEO. "My focus is on building a disciplined organization, spending carefully, and executing consistently. Importantly, the leadership team, sales organization and technical experts who built this business remain in place and are committed to supporting our customers across public safety, government, energy, infrastructure, agriculture and commercial markets."

Company Expects Q2 Gross Profit of $5.6M

Expects Q2 gross profit of $5.6M, loss from operations of $9.1M. "With the internal review complete, I am happy to report that there were no financial misstatements discovered and we are on track to report our second quarter results later this month," said Jeremy Schneiderman, Interim CEO. "With this assessment behind us, we believe we are better positioned to ensure that our corporate governance procedures meet the highest standards of compliance and transparency moving forward. We appreciate the patience and support of our employees, partners, customers, and shareholders during this process as we build a best-in-class governance structure."