Beyond Air, Inc. (XAIR)

Beyond Air Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	5.51	6.74	4.67	11.38	29.16	80.24
Short-Term Investments	4.3	4.9	2.25	23.09	16.72	-
Cash & Short-Term Investments	9.81	11.64	6.92	34.47	45.88	80.24
Cash Growth	51.82%	68.30%	-79.93%	-24.88%	-42.82%	131.71%
Accounts Receivable	1.14	1.09	0.71	0.32	-	-
Other Receivables	0.09	0.11	0.15	0.23	0.65	0.6
Receivables	1.23	1.19	0.86	0.55	0.65	0.6
Inventory	1.32	1.42	2.5	2.36	1.37	0.35
Prepaid Expenses	0.62	0.78	1.03	1.21	1.25	1.55
Restricted Cash	5.41	5.62	0.23	0.23	7.61	9.99
Other Current Assets	4.46	4.12	4.49	5.12	2.65	0.22
Total Current Assets	22.85	24.77	16.02	43.94	59.41	92.95
Property, Plant & Equipment	8.98	9.44	12.72	11.49	7.5	4.21
Other Intangible Assets	0.97	1.02	1.22	1.43	1.63	1.84
Other Long-Term Assets	0.09	0.16	0.1	0.11	0.21	0.21
Total Assets	32.89	35.39	30.06	56.96	68.75	99.2

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	2.46	2.42	1.95	1.95	2.02	1.13
Accrued Expenses	3.12	2.32	1.95	7.51	6.32	5.94
Short-Term Debt	-	-	-	-	0.78	0.93
Current Portion of Long-Term Debt	0.23	0.4	0.61	0.8	-	-
Current Portion of Leases	0.22	0.32	0.4	0.42	0.38	0.28
Current Unearned Revenue	0.74	0.78	-	0.14	-	-
Other Current Liabilities	0.13	0.27	0.1	0.76	10.3	2.44
Total Current Liabilities	6.91	6.51	5	11.57	19.78	10.71
Long-Term Debt	22.17	21.64	9.2	14.72	0.12	0.2
Long-Term Leases	0.98	1.02	1.49	1.9	2.32	2.08
Other Long-Term Liabilities	0	0	0.04	1.59	4.5	8
Total Liabilities	30.05	29.18	15.72	29.78	26.72	20.99

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	-	0	-	0.01	0	0
Additional Paid-In Capital	329.42	325.59	299.99	264.78	217.34	196.27
Retained Earnings	-327.51	-319.57	-286.32	-239.7	-179.46	-123.64
Treasury Stock	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03
Comprehensive Income & Other	0.11	0.13	-0.06	-0.02	0.05	0.1
Total Common Equity	2	6.13	13.58	25.05	37.92	72.7
Minority Interest	0.84	0.08	0.76	2.14	4.11	5.51
Shareholders' Equity	2.84	6.21	14.34	27.19	42.03	78.21
Total Liabilities & Equity	32.89	35.39	30.06	56.96	68.75	99.2

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	23.6	23.38	11.69	17.84	3.59	3.49
Net Cash (Debt)	-13.79	-11.74	-4.77	16.63	42.29	76.76
Net Cash Growth	-	-	-	-60.67%	-44.90%	177.09%
Net Cash Per Share	-25.88	-28.29	-28.19	200.62	564.36	1196.10
Filing Date Shares Outstanding	0.96	0.72	0.23	0.11	0.08	0.07
Total Common Shares Outstanding	0.74	0.59	0.21	0.11	0.08	0.07
Working Capital	15.94	18.26	11.02	32.37	39.63	82.23
Book Value Per Share	2.69	10.39	65.80	218.28	493.39	973.08
Tangible Book Value	1.03	5.11	12.36	23.62	36.28	70.87
Tangible Book Value Per Share	1.39	8.66	59.88	205.84	472.15	948.50
Machinery	15.77	15.39	15.99	11.78	5.68	2.36
Leasehold Improvements	0.38	0.52	0.52	0.61	0.58	0.4

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Aug 13, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 16, 2026

Data Sources Report a data error