XTI Aerospace Q4 Pro Forma Revenue $41.7M, Guides 2026 Sales Over $160M
XTIA•XTI Aerospace reported Q4 2025 revenue of $22.5 million, gross profit of $4.9 million (21.9% margin) and pro forma revenue of $41.7 million with $8.1 million gross profit (19.5% margin). Full-year revenue reached $121.6 million with a $39.0 million loss; XTI forecasts 2026 revenue of $160M+ after the $40M Drone Nerds acquisition and $25M investment.
1. Fourth Quarter and Pro Forma Results
XTI reported Q4 2025 revenue of $22.5 million, gross profit of $4.9 million (21.9% margin) and pro forma revenue of $41.7 million with $8.1 million gross profit (19.5% margin). The division incurred a $7.6 million loss from continuing operations.
2. Full-Year Pro Forma Financials
For the full year 2025, pro forma combined revenue was $121.6 million with $26.8 million gross profit (22.0% margin) and a $39.0 million net loss from continuing operations.
3. Acquisitions, Investments and Financing
XTI closed a $40 million acquisition of Drone Nerds in November 2025, secured a $25 million strategic investment from Unusual Machines and formed an alliance with Valkyrie Intelligence. It also divested its RTLS business and arranged a $20 million asset-based lending facility with JPMorgan.
4. Outlook and Capital Resources
Management forecasts 2026 revenue of at least $160 million, backed by $16.7 million in unrestricted cash and $7.7 million in net warrant proceeds. The company is organizing its Autonomous Defense Systems and Advanced Technology and Manufacturing divisions to drive growth and margin expansion.
