XTI Aerospace Reports Second Quarter 2026 Results
Key Highlights
- ➤Q2 revenue $32.4 million, up 29% year over year
- ➤Q2 gross profit $5.6 million; margin declined to approximately 17%
- ➤2026 revenue guidance set at $125 million to $130 million
- ➤Corporate cash outflows fell 42% sequentially to approximately $1.1 million monthly
- ➤September 30 unrestricted cash totaled $5.1 million; positive operating cash flow expected Q4
Expert Statements
Jeremy Schneiderman, Interim Chief Executive Officer of XTI Aerospace
“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.”
Jeremy Schneiderman, Interim Chief Executive Officer of XTI Aerospace
“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.”
Jeremy Schneiderman, Interim Chief Executive Officer of XTI Aerospace
“While we are navigating a dynamic regulatory environment, including Section 232 tariffs that took effect on September 3 and other pending drone-related regulations, our team remains focused on accelerating growth by strengthening our product offerings, increasing our marketing investments, and maintaining disciplined expense management. This is an exciting new chapter for the Company and while we are taking a prudent view towards our full-year outlook, we remain confident in our ability to drive improved performance and deliver sustainable growth.”
XTI Aerospace Reports Second Quarter 2026 Results PR Newswire
MIAMI, Oct. 20, 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 financial results for its second quarter ended June 30, 2026, and provided an update on the Company's outlook for 2026.
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