GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Gross Margin %

XTIA (XTI Aerospace) Gross Margin % : 56.64% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is XTI Aerospace Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. XTI Aerospace's Gross Profit for the three months ended in Sep. 2024 was $0.52 Mil. XTI Aerospace's Revenue for the three months ended in Sep. 2024 was $0.92 Mil. Therefore, XTI Aerospace's Gross Margin % for the quarter that ended in Sep. 2024 was 56.64%.


The historical rank and industry rank for XTI Aerospace's Gross Margin % or its related term are showing as below:

XTIA' s Gross Margin % Range Over the Past 10 Years
Min: 65.28   Med: 66.66   Max: 68.04
Current: 65.77


During the past 3 years, the highest Gross Margin % of XTI Aerospace was 68.04%. The lowest was 65.28%. And the median was 66.66%.

XTIA's Gross Margin % is ranked better than
93.75% of 304 companies
in the Aerospace & Defense industry
Industry Median: 25.88 vs XTIA: 65.77

XTI Aerospace had a gross margin of 56.64% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for XTI Aerospace was 0.00% per year.


XTI Aerospace Gross Margin % Historical Data

The historical data trend for XTI Aerospace's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

XTI Aerospace Gross Margin % Chart

XTI Aerospace Annual Data
Trend Dec21 Dec22 Dec23
Gross Margin %
- 65.28 68.04

XTI Aerospace Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 68.04 64.09 64.21 56.64

Competitive Comparison of XTI Aerospace's Gross Margin %

For the Aerospace & Defense subindustry, XTI Aerospace's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


XTI Aerospace's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, XTI Aerospace's Gross Margin % distribution charts can be found below:

* The bar in red indicates where XTI Aerospace's Gross Margin % falls into.


;
;

XTI Aerospace Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

XTI Aerospace's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=3.1 / 4.562
=(Revenue - Cost of Goods Sold) / Revenue
=(4.562 - 1.458) / 4.562
=68.04 %

XTI Aerospace's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=0.5 / 0.918
=(Revenue - Cost of Goods Sold) / Revenue
=(0.918 - 0.398) / 0.918
=56.64 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


XTI Aerospace  (NAS:XTIA) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

XTI Aerospace had a gross margin of 56.64% for the quarter that ended in Sep. 2024 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


XTI Aerospace Gross Margin % Related Terms

Thank you for viewing the detailed overview of XTI Aerospace's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


XTI Aerospace Business Description

Traded in Other Exchanges
N/A
Address
8123 InterPort Boulevard, Suite C, Englewood, CO, USA, 80112
XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS). The Company's operations are located primarily in the United States, Germany, and the United Kingdom.