← Back to Beyond Air, Inc.
Stoqly stoqly.net Company report Β· October 27, 2026

Beyond Air, Inc.

XAIR NasdaqΒ· Surgical & Medical Instruments & Apparatus

Last close Β· Oct 23, 2026

$2.09

KIRA Β· Stoqly’s AI analyst, in plain words

  • Beyond Air, Inc. had $7.7M of revenue in fiscal 2026, up 107.3% on the year before. Over five years, revenue changed +54.5% a year on average.
  • Its operating margin was βˆ’378.2%, up 823.9Β pts: of every 100 in sales, about βˆ’378 is left after running the business.
  • Beyond Air, Inc. lost $33.2M in fiscal 2026.
  • Free cash flow was βˆ’$19.2M in fiscal 2026, βˆ’249.6% of revenue.

Market cap

$1.5M

P/E

0.1x

Revenue

$7.7M

Net income

βˆ’$33.2M

Free cash flow

βˆ’$19.2M

Operating margin

βˆ’378.2%

Beyond Air, Inc. in 30 seconds Β· fiscal 2026

Good

Are sales growing?

+107.3%

Yes. Sales grew 107.3% last year.

Weak

Does it make a profit?

βˆ’433.0%

No. It lost money last year.

Weak

Does profit turn into cash?

βˆ’249.6%

No. It spent more cash than it brought in.

So-so

How healthy are the accounts?

5 / 8

Mixed. It passes 5 of 8 health tests.

For information

How is the share priced?

0.1x

One share costs 0.1 times its yearly profit per share.

What Beyond Air, Inc. does

No business description yet.

Fiscal year ends
March 31, 2026
Latest annual report
10-K Β· Jun 26, 2026
Legal name
Beyond Air, Inc.
CIK
0001641631
stoqly.net Β· XAIR Β· Generated October 27, 2026 Not investment advice Β· Page 1 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Beyond Air, Inc. Β· XAIR

Results and finances

The last 5 fiscal years. Amounts in USD.

Fiscal yearFY22FY23FY24FY25FY26
Sales and profit
Revenue β€” β€” $1.2M $3.7M $7.7M
Revenue growth β€” β€” β€” 219.7% 107.3%
Gross margin β€” β€” βˆ’112.8% βˆ’44.9% 3.3%
Operating margin β€” β€” βˆ’5,436.2% βˆ’1,202.1% βˆ’378.2%
Net income βˆ’$43.2M βˆ’$55.8M βˆ’$60.2M βˆ’$46.6M βˆ’$33.2M
Net margin β€” β€” βˆ’5,197.8% βˆ’1,258.4% βˆ’433.0%
Diluted EPS β€” βˆ’$1.86 βˆ’$1.82 βˆ’$13.77 βˆ’$4.01
Cash
Cash from operations βˆ’$23.1M βˆ’$33.0M βˆ’$56.0M βˆ’$38.2M βˆ’$18.1M
Capital expenditure $1.4M $3.9M $5.7M $5.9M $1.0M
Free cash flow βˆ’$24.5M βˆ’$36.9M βˆ’$61.8M βˆ’$44.1M βˆ’$19.2M
FCF margin β€” β€” βˆ’5,328.6% βˆ’1,190.3% βˆ’249.6%
Share count change β€” β€” 10.6% βˆ’89.8% 145.2%
Debt and strength
Cash and short-term investments $80.2M $45.9M $34.5M $6.9M $11.6M
Debt incl. finance leases $0.2M $0.2M $17.5M β€” β€”
Shareholders' equity $72.7M $37.9M $25.0M $13.6M $6.1M
Current ratio 8.7x 3.0x 3.8x 3.2x 3.8x
Interest coverage βˆ’52.5x βˆ’1,735.3x βˆ’21.6x βˆ’14.8x βˆ’8.3x
Returns and quality
Return on capital β€” β€” βˆ’616.0% β€” β€”
Return on equity βˆ’83.7% βˆ’100.9% βˆ’191.4% βˆ’241.4% βˆ’337.4%
Return on tangible equity βˆ’60.9% βˆ’153.8% βˆ’255.0% βˆ’377.2% βˆ’650.9%
Piotroski F-score β€” β€” 2 4 5
Altman Z'' 2.3 βˆ’8.3 βˆ’16.5 βˆ’37.7 βˆ’31.4

Insiders bought, 12 months

$0.3M

3 insiders

Insiders sold, 12 months

$0.0M

0 insiders

Of sales under plans

β€”

$0.0M

How to read these numbers

Revenue:
Total sales reported in the income statement.
Operating margin:
Operating income as a share of revenue.
Net income:
Profit after all expenses, interest and tax.
Free cash flow:
Cash from operations minus capital spending.
Net debt / EBITDA:
Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
Return on capital:
After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
stoqly.net Β· XAIR Β· Generated October 27, 2026 Not investment advice Β· Page 2 of 3
Stoqly stoqly.net Company report Β· October 27, 2026

Beyond Air, Inc. Β· XAIR

Charts and comparison

Ten years at a glance, and how it stacks up against similar companies.

Revenue

Net income

Margins, % of revenue

Gross Operating Net

Cash vs debt (incl. leases)

Cash Debt

Free cash flow

Dividends and buybacks

Dividends Buybacks

KIRA

At $2.09 a share, the company is worth $1.5M: 0.1 times its earnings of the last four quarters.

Source: SEC EDGAR XBRL filings (CIK 0001641631). Data updated October 24, 2026. For information only β€” not investment advice. Check the original filings before relying on any figure.