10x Insights
Loading account…
Companies / Technology / XTI Aerospace, Inc.
XTIA

XTI Aerospace, Inc.

TechnologyComputer Services
Ticker XTIALAS COLINAS, TXFiscal year ends DecemberBook value per share $-0.75Diluted shares 35.3M

XTI Aerospace, Inc. (Nasdaq Capital Market: XTIA) operates as a provider of unmanned aerial systems solutions through two primary business divisions: a commercial drone solutions business and an advanced systems and defense division, with plans to develop a domestic manufacturing and technology division. The company… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-03-31
Sales & profitability
$22.49M
+602.4% year over year
Last 12 mo $49.70M
-190.40%
+964.5 percentage points
Last 12 mo -86.13%
$-68.49M
−92.4% year over year
Last 12 mo $-90.62M
-387.65%
+115.8 percentage points
Last 12 mo 342.61%
Cash & financing
$-36.61M
−64.1% year over year
Last 12 mo $-31.82M
$-36.83M
−64.6% year over year
Last 12 mo $-32.12M
0.76
Was 0.62× a year earlier
Last 12 mo -0.40
16.3M
+7091.1% year over year
Last 12 mo 35.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What XTI Aerospace, Inc. does

In the company’s own words

XTI Aerospace, Inc. (Nasdaq Capital Market: XTIA) operates as a provider of unmanned aerial systems solutions through two primary business divisions: a commercial drone solutions business and an advanced systems and defense division, with plans to develop a domestic manufacturing and technology division. The company website is www.xtiaerospace.com.

The commercial drone solutions business, conducted primarily through majority-owned subsidiary XTI Drones Holdings, LLC, which owns Drone Nerds, LLC and Anzu Robotics, LLC, constitutes substantially all of the company's revenues. Drone Nerds operates as an OEM-agnostic distributor offering hardware distribution, training and certification programs, repair and maintenance services, fleet management support, and compliance assistance to enterprise and government customers. The business operates through wholesale distribution, direct sales, and direct-to-consumer retail channels, including a retail showroom in South Florida and an e-commerce platform. Drone Nerds serves customers across multiple end markets including agriculture, construction, infrastructure inspection, mining, insurance, energy and utilities, and public safety. The company distributes UAS platforms, payloads, sensors, batteries, and accessories from third-party manufacturers.

The advanced systems and defense division focuses on design, development, and production of unmanned platforms for defense and commercial applications, drawing on engineering expertise developed through the company's prior aerospace program. This division is pursuing opportunities through internal development, strategic partnerships, and co-development arrangements, with emphasis on defense procurement programs and domestic unmanned systems initiatives aligned with U.S. national security priorities. The division has not yet generated revenues.

The domestic manufacturing and technology division is expected to develop U.S.-based production capabilities for unmanned systems and related technologies through manufacturing partnerships, joint ventures, and targeted investments in domestic production capacity.

XTI completed the acquisition of Drone Nerds in November 2025, which added 82 employees to the company's headcount. As of March 31, 2026, the company employed 105 full-time and part-time employees. The company previously operated the Inpixon real-time location systems business, which was divested in February 2026. XTI was formerly known as Inpixon and completed a business combination with XTI Aircraft Company in March 2024.

Company details
Sector
Technology
Industry
Computer Services
Headquarters
LAS COLINAS, TX
Fiscal year end
December
CIK
1529113
SIC
7371

Financial performance, year by year

Fiscal 2014–2025 · USD
$-106.37M$-59.10M$-11.83M$35.44M$82.71M201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns XTI Aerospace, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

12
funds hold it
0 of 35
superinvestors hold it
$4.23M
held by funds, at market

Largest fund holders · XTI Aerospace, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
AlphaCentric Robotics and Automation Fund
GNXAX · MUTUAL FUND SERIES TRUST
1.36%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.02%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do XTI Aerospace, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of XTI Aerospace, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in XTI Aerospace, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.