XTI Aerospace, Inc. (XTIA): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 07:30 ET
- Event date
- 2026-11-12
- Accession no.
- 0001213900-26-119203
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
XTI Aerospace reports third-quarter results and reiterates 2026 outlook
XTI Aerospace reported third-quarter revenue of $35.3 million and adjusted EBITDA of $1.6 million, compared to negative $4.9 million in the second quarter of 2026. It reiterated its 2026 outlook. The company said it discontinued the XTI aircraft business and reduced headcount, office space and non-core contracts as it focused on Drone Nerds.
- Third-quarter revenue was $35.3 million, up 8.8% sequentially from the second quarter 2026.
- Gross profit was $7.7 million; gross profit margin excluding nonrecurring amounts was 16.0%.
- Reiterated full year 2026 revenue guidance of $125 million to $130 million and gross profit margin of 17 percent to 19 percent.
- Restructured $4.7 million of promissory notes previously in default and secured a cross-default waiver on its revolving credit facility.
earningsguidancerestructuring
Items reported
- Item 2.02: Results of Operations and Financial Condition
The company publicly announced results of operations or financial condition for a completed period, most often a quarterly earnings release. The release itself is usually attached as Exhibit 99.1. Information under Item 2.02 is generally "furnished" rather than "filed". - Item 9.01: Financial Statements and Exhibits
Lists the financial statements, pro forma information and exhibits filed with the report. It almost always accompanies another Item and is rarely news on its own.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | CURRENT REPORT | ea0312133-8k_xtiaero.htm |
| EX-99.1 | PRESS RELEASE, DATED NOVEMBER 12, 2026 | ea031213301ex99-1.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.