XTI Aerospace Provides Preliminary Third Quarter Revenue
Key Highlights
- ➤Q3 preliminary revenue $35.3 million, approximately 9% sequentially higher
- ➤2026 revenue outlook remains $125 million to $130 million
- ➤Lower corporate overhead and cash burn reported in Q3
- ➤Liquidity needs include restructuring acquisition-related notes
- ➤Liquidity risks include credit facility waivers, note restructuring and going-concern uncertainty
Expert Statements
Jeremy Schneiderman, Interim Chief Executive Officer of XTI Aerospace
“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.”
Jeremy Schneiderman, Interim Chief Executive Officer of XTI Aerospace
“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.”
XTI Aerospace Provides Preliminary Third Quarter Revenue PR Newswire
FORT LAUDERDALE, Fla., Oct. 22, 2026 /PRNewswire/ -- XTI Aerospace, Inc. (Nasdaq: XTIA) ("XTI Aerospace," "XTI," or the "Company"), an aerospace and advanced technology platform and parent company of Drone Nerds, LLC, ("Drone Nerds"), a leading drone solutions platform serving commercial, enterprise and government customers, today announced preliminary revenue for the third quarter ended September 30, 2026 of $35.3 million, which is in line with the 2026 revenue outlook of $125 million to $130 million provided in the Company's release of second quarter results issued earlier this week.
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