XTI Aerospace Forecasts Positive Cash Flow by Q3 2026 with $15.2M Liquidity
XTIA•XTI Aerospace has transitioned to a revenue-generating unmanned systems platform, expects positive operating cash flow starting in Q3 2026 as revenues scale and efficiencies improve. The company holds $15.2 million in cash and posted a negative $5 million EBITDA in Q1 2026, while pursuing cost reductions.
1. Transition to Revenue-Generating Operations
XTI Aerospace has completed its shift to a revenue-generating unmanned systems platform, delivering its first commercial sales through Drone Nerds. The company anticipates that operational execution and margin improvement initiatives will accelerate top-line growth in the upcoming quarters.
2. Financial Performance and Liquidity
In Q1 2026 XTI posted a negative EBITDA of $5 million as it continued cost reduction and realignment efforts. The balance sheet shows $15.2 million in unrestricted cash and additional borrowing capacity under its asset-based lending facility.
3. Market Demand and Competitive Landscape
Broad-based demand from public safety, infrastructure, agriculture and energy sectors supports revenue scaling, complemented by growing preference for NDAA-compliant drone solutions. However, the highly fragmented US enterprise drone distribution market with over 100 regional resellers remains a competitive challenge.
