Beyond Air, Inc. (XAIR)

Beyond Air Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	5.8	3.71	1.16	-	-	0.87
Revenue Growth (YoY)	147.74%	219.67%	-	-	-	-37.20%
Cost of Revenue	6.19	5.37	2.47	0.56	-	-
Gross Profit	-0.39	-1.66	-1.31	-0.56	-	0.87
Selling, General & Admin	21.42	26.22	37.54	34.79	18.91	10.47
Research & Development	11.6	16.66	24.16	16.71	11.3	12.62
Operating Expenses	33.01	42.87	61.7	51.5	30.21	23.09
Operating Income	-33.4	-44.54	-63.01	-52.06	-30.21	-22.21
Interest Expense	-2.32	-3.02	-2.91	-0.03	-0.78	-0.64
Interest & Investment Income	0.28	0.71	1.74	0.66	0	0.02
Currency Exchange Gain (Loss)	0.01	-0	-0.01	-0.11	-0.14	-0.04
Other Non Operating Income (Expenses)	0.14	1.56	0.49	-	0	-
EBT Excluding Unusual Items	-35.28	-45.29	-63.7	-51.54	-31.12	-22.88
Gain (Loss) on Sale of Assets	-0.62	-0.74	-	-	-	-
Other Unusual Items	-1.82	-2.45	-0.6	-7.86	-12.94	-
Pretax Income	-37.73	-48.48	-64.3	-59.4	-44.06	-22.88
Earnings From Continuing Operations	-37.73	-48.48	-64.3	-59.4	-44.06	-22.88
Minority Interest in Earnings	1.03	1.85	4.05	3.59	0.88	-
Net Income	-36.7	-46.63	-60.24	-55.82	-43.18	-22.88
Net Income to Common	-36.7	-46.63	-60.24	-55.82	-43.18	-22.88
Shares Outstanding (Basic)	5	3	2	1	1	1
Shares Outstanding (Diluted)	5	3	2	1	1	1
Shares Change (YoY)	149.49%	104.18%	10.63%	16.77%	42.56%	56.48%
EPS (Basic)	-7.24	-13.77	-36.33	-37.24	-33.64	-25.41
EPS (Diluted)	-7.24	-13.77	-36.33	-37.24	-33.64	-25.41
Free Cash Flow	-26.15	-44.1	-61.76	-36.89	-24.51	-20.53
Free Cash Flow Per Share	-5.16	-13.03	-37.25	-24.61	-19.10	-22.80
Gross Margin	-6.71%	-44.89%	-112.77%	-	-	100.00%
Operating Margin	-575.72%	-1202.08%	-5436.32%	-	-	-2544.44%
Profit Margin	-632.49%	-1258.43%	-5197.76%	-	-	-2620.28%
Free Cash Flow Margin	-450.67%	-1190.31%	-5328.65%	-	-	-2351.55%
EBITDA	-30.14	-41.33	-61.03	-51.22	-29.86	-22
D&A For EBITDA	3.26	3.2	1.98	0.84	0.35	0.21
EBIT	-33.4	-44.54	-63.01	-52.06	-30.21	-22.21

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q