
Beyond Air reports 107% revenue growth in fiscal 2026
- Beyond Air (NASDAQ:XAIR) achieved fiscal 2026 revenue of $7.7 million, up 107% year over year.
- Fourth quarter revenue rose 66% to $1.9 million as the company turned gross profit positive for the full year.
- Net loss narrowed to $33.2 million while the company issued revenue guidance for 2026–2027 and approved a 1-for-20 reverse stock split.
Beyond Air (NASDAQ:XAIR) reported fiscal 2026 revenue of $7.7 million, an increase of 107% year over year.
Fourth quarter revenue rose 66% to $1.9 million.
The company achieved positive gross profit of $0.3 million for the full year, compared with a loss in the prior year.
R&D expenses decreased 39% to $10.2 million and SG&A expenses declined 27% to $19.1 million.
Net loss for fiscal 2026 narrowed to $33.2 million from $46.6 million in the prior year.
Beyond Air ended the year with $17.3 million in cash and securities after $19.1 million of cash burn.
The company issued revenue guidance of $8 million for fiscal 2026 and $16–$18 million for fiscal 2027.
The company also approved a 1-for-20 reverse stock split and received Nasdaq approval for continued listing subject to bid-price compliance.