Filing Flows › Beyond Air (XAIR) › Q1 FY26
Beyond Air (XAIR) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Aug 12, 2025
Beyond Air (XAIR) reported revenue of $1.8M for the first quarter fiscal 2026 (Q1 FY26), +158% from a year earlier and +53% from the quarter before. Operating margin was -432.8%, net loss $8.1M (459.0% of revenue).
Beyond Air, Q1 FY26: revenue $1.8M (+158% year over year), operating margin -432.8%, net loss $8.1M, operating cash flow −$4.5M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | +53% | +158% |
| Operating profit | −$7.6M | — | — |
| Net earnings | −$8.1M | — | — |
| Operating cash flow | −$4.5M | — | — |
What changed
Revenue was $1.8M in Q1 FY26, up 158% year over year and up 53% from the previous quarter.
Gross margin was 8.9%. Operating costs exceeded revenue by $7.6M, an operating margin of -432.8%. The quarter ended with a net loss of $8.1M, wider than the previous quarter's $8.1M loss. Minority interests bore $387K of it: to shareholders the quarter was a loss of $7.7M.
Operating cash flow was −$4.5M. Non-cash charges added back $800K of depreciation and amortization and $1.6M of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $198K exceeded it, leaving free cash flow of −$4.7M.
Questions
What was Beyond Air's revenue in the first quarter fiscal 2026?
Beyond Air (XAIR) reported revenue of $1.8M for the first quarter fiscal 2026 (Q1 FY26), +158% from a year earlier and +53% from the quarter before.
Was Beyond Air profitable in the first quarter fiscal 2026?
Operating loss was $7.6M (-432.8% of revenue) and net loss $8.1M.
Source: Beyond Air 10-Q on SEC EDGAR.