Beyond Air, Inc. (XAIR) — Financial statements
Income statement, balance sheet, and cash flow for Beyond Air, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 8↑107.3% | 4↑219.7% | 1 | 0.00 | 0.00 | |
| Cost of Revenue | 7↑38.4% | 5↑117.7% | 2↑344.3% | 0.56 | 0.00 | |
| Gross Profit | 0.25↑115.2% | -2↓27.2% | -1↓135.5% | -0.56 | 0.00 | |
| Operating Expenses | ||||||
| R&D Expenses | 10↓39.2% | 17↓30.8% | 24↑44.9% | 17↑42.4% | 12 | |
| General & Administrative Expenses | 0.00↓100.0% | 26↓30.3% | 37↑7.6% | 35↑88.5% | 18 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 19↓26.8% | 26↓30.3% | 37↑7.6% | 35↑88.5% | 18 | |
| Other Expenses | 0.00 | 0.00↑100.0% | -0.00 | 0.00↓100.0% | 11 | |
| Operating Expenses | 29↓31.7% | 43↓30.5% | 62↑19.8% | 52↑26.5% | 41 | |
| Total Costs & Expenses | 37↓23.9% | 48↓24.8% | 64↑23.3% | 52↑27.9% | 41 | |
| Operating Results | ||||||
| Operating Income | -29↑34.8% | -45↑29.3% | -63↓21.0% | -52↓27.9% | -41 | |
| Depreciation & Amortization | 4↑2.2% | 4↑51.8% | 2↑101.0% | 1↑99.0% | 0.59 | |
| EBITDA | -25↑39.4% | -42↑29.0% | -59↓1.4% | -58↓36.3% | -43 | |
| EBIT | -29↑36.1% | -45↑25.9% | -61↓3.4% | -59↓37.2% | -43 | |
| Interest & Other Income | ||||||
| Net Interest Income | -4↓16.4% | -3↓3.7% | -3↓9606.7% | -0.03↑96.1% | -0.78 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 4↑16.4% | 3↑3.7% | 3↑9606.7% | 0.03↓96.1% | 0.78 | |
| Non-Operating Income | 0.00↓100.0% | 0.92↑156.9% | -2↓122.2% | 7↑184.0% | 3 | |
| Other Income / Expenses | -5↓34.2% | -4↓205.8% | -1↑82.4% | -7↓119.2% | -3 | |
| Income Before Tax | -34↑29.2% | -48↑24.6% | -64↓8.2% | -59↓34.8% | -44 | |
| Income Tax Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -34↑29.2% | -48↑24.6% | -64↓8.2% | -59↓34.8% | -44 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -33↑28.7% | -47↑22.6% | -60↓7.9% | -56↓29.3% | -43 | |
| Bottom-Line Net Income | -33↑28.7% | -47↑22.6% | -60↓7.9% | -56↓29.3% | -43 | |
| EPS (Basic) | -4.01↑70.9% | -13.77↑62.1% | -36.33↑2.4% | -37.24↓10.7% | -33.64 | |
| EPS (Diluted) | -4.01↑70.9% | -13.77↑62.1% | -36.33↑2.4% | -37.24↓10.7% | -33.64 | |
| Weighted Average Shares | 8↑145.2% | 3↑104.2% | 2↑10.6% | 1↑16.8% | 1 | |
| Weighted Average Diluted Shares | 8↑145.2% | 3↑104.2% | 2↑10.6% | 1↑16.8% | 1 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.