Filing Flows › Beyond Air (XAIR) › Q3 FY26
Beyond Air (XAIR) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 13, 2026
Beyond Air (XAIR) reported revenue of $2.2M for the third quarter fiscal 2026 (Q3 FY26), +105% from a year earlier and +21% from the quarter before. Operating margin was -300.6%, net loss $7.6M (347.8% of revenue).
Beyond Air, Q3 FY26: revenue $2.2M (+105% year over year), operating margin -300.6%, net loss $7.6M, operating cash flow −$4.2M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.2M | +21% | +105% |
| Operating profit | −$6.6M | — | — |
| Net earnings | −$7.6M | — | — |
| Operating cash flow | −$4.2M | — | — |
What changed
Revenue was $2.2M in Q3 FY26, up 105% year over year and up 21% from the previous quarter.
Gross margin was 13.7%. Operating costs exceeded revenue by $6.6M, an operating margin of -300.6%. The quarter ended with a net loss of $7.6M, narrower than the previous quarter's $8.3M loss. Minority interests bore $294K of it: to shareholders the quarter was a loss of $7.3M.
Operating cash flow was −$4.2M. Non-cash charges added back $800K of depreciation and amortization and $1.5M of share-based compensation. Working capital and other items added $1.1M. Capital expenditures of $34K exceeded it, leaving free cash flow of −$4.3M.
Questions
What was Beyond Air's revenue in the third quarter fiscal 2026?
Beyond Air (XAIR) reported revenue of $2.2M for the third quarter fiscal 2026 (Q3 FY26), +105% from a year earlier and +21% from the quarter before.
Was Beyond Air profitable in the third quarter fiscal 2026?
Operating loss was $6.6M (-300.6% of revenue) and net loss $7.6M.
Source: Beyond Air 10-Q on SEC EDGAR.