Filing Flows › Beyond Air (XAIR) › Q1 FY27
Beyond Air (XAIR) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 13, 2026
Beyond Air (XAIR) reported revenue of $1.8M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and -7% from the quarter before. Operating margin was -374.0%, net loss $8.2M (461.2% of revenue).
Beyond Air, Q1 FY27: revenue $1.8M (+0.5% year over year), operating margin -374.0%, net loss $8.2M, operating cash flow −$4.9M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | -7% | +0.5% |
| Operating profit | −$6.6M | — | — |
| Net earnings | −$8.2M | — | — |
| Operating cash flow | −$4.9M | — | — |
What changed
Revenue was $1.8M in Q1 FY27, roughly flat year over year and down 7% from the previous quarter.
Gross margin was 12.7%, up 3.9 points from Q1 FY26. Operating costs exceeded revenue by $6.6M, an operating margin of -374.0%. Operating expenses fell 12% while revenue was flat. The quarter ended with a net loss of $8.2M, narrower than the previous quarter's $10.4M loss. Minority interests bore $219K of it: to shareholders the quarter was a loss of $7.9M.
Operating cash flow was −$4.9M. Non-cash charges added back $800K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $1.4M. Capital expenditures of $208K exceeded it, leaving free cash flow of −$5.2M.
Questions
What was Beyond Air's revenue in the first quarter fiscal 2027?
Beyond Air (XAIR) reported revenue of $1.8M for the first quarter fiscal 2027 (Q1 FY27), +0.5% from a year earlier and -7% from the quarter before.
Was Beyond Air profitable in the first quarter fiscal 2027?
Operating loss was $6.6M (-374.0% of revenue) and net loss $8.2M.
Source: Beyond Air 10-Q on SEC EDGAR.