Xtend AI Robotics, Inc. (NYSE: XTND) issued a press release on October 26, 2026, announcing preliminary unaudited financial results for the nine months ended September 30, 2026, and the appointment of Matt McGraw as Chief Executive Officer of its U.S. business. The company stated that its preliminary revenue for the first nine months of 2026 is expected to fall between $24.5 million and $26.5 million. This range already exceeds the company’s total full-year 2025 revenue.
The preliminary results are broken down by segment. The AI Robotics segment generated revenue between $23 million and $24 million, while the Construction segment, which includes the results of JFB Construction Holdings from the acquisition date of September 3, 2026, through September 30, 2026, reported revenue between $1.5 million and $2.5 million. Additionally, the company reported an AI Robotics segment backlog of approximately $84 million as of September 30, 2026.
In leadership news, Matt McGraw has been appointed to lead XTEND’s U.S. sales, production, and delivery. Mr. McGraw retired from the U.S. Navy as a SEAL Captain after more than 25 years of service. His previous roles include serving as Deputy Commanding Officer of the 75th Ranger Regiment and a Squadron Commander at Naval Special Warfare Command, as well as Vice President of Operations at Live Earth Imaging. He holds an MBA from Northwestern’s Kellogg School of Management and an M.S. in Defense Analysis from the Naval Postgraduate School.
Co-founder and CEO Aviv Shapira commented on the appointment, noting that with Mr. McGraw leading the U.S. business, the company is positioned to scale as the U.S. and Israel build permanent commands around autonomy. The company expects to report full third quarter results on November 16, 2026. The figures presented are preliminary, unaudited, and subject to change upon completion of the quarter-end closing procedures.
