The conclusions of the flight tests noted: "The I-16 aircraft with the M-63 engine significantly improved its flight performance in terms of maximum speed, rate of climb, and takeoff characteristics compared to the I16-M25V type 10 aircraft." It was also noted that flight performance could be improved by improving the quality of the aircraft's finishing, using a properly optimized propeller, installing an M-63 engine with a gearbox, and, in the future, a more powerful M-64 gearbox engine (1200 hp). Thus, the tests revealed that the direct-drive M-63 and the AV-1 propeller were poorly matched to the aircraft, the propeller had significant tip losses, i.e., the propeller-engine unit had reduced efficiency at altitudes above 3000 m.
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During state tests, the I-16 type 29 No. 292116 demonstrated a maximum speed of 419 km/h at ground level and 470 km/h at the altitude limit with a takeoff weight of 1940 kg (without radio, RS rockets, and drop tanks) and with a radio at a takeoff weight of 1,966 kg, - 408 and 461 km/h respectively, i.e. lower than the experimental I-16 type 24, despite better aerodynamics. The reason lies in the insufficiently good manufacturing quality of the aircraft, the unstable characteristics of the engine, and the reduced efficiency of the propeller (especially at the second critical altitude). If the propeller efficiency is maintained at 72%, the maximum speed of the fighter should be 505-510 km/h.