Beyond Air, Inc. (XAIR) Revenue History
Annual and quarterly revenue from 2014 to present
XAIR Revenue Over Time (2014–2026)
XAIR Revenue Growth History
2 of 5 years with positive growth- FY2014 revenue growth
- N/A
- FY2015 revenue growth
- N/A
- FY2016 revenue growth
- N/A
- FY2017 revenue growth
- N/A
- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- -82.0%
- FY2021 revenue growth
- -37.2%
- FY2022 revenue growth
- -100.0%
- FY2023 revenue growth
- N/A
- FY2024 revenue growth
- N/A
- FY2025 revenue growth
- +219.7%
- FY2026 revenue growth
- +107.3%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2026 | $1.9M | +65.5% |
| Q3 2026 | $2.2M | +104.7% |
| Q2 2026 | $1.8M | +127.8% |
| Q1 2026 | $1.8M | +157.7% |
| Q4 2025 | $1.2M | +145.1% |
| Q3 2025 | $1.1M | +174.2% |
| Q2 2025 | $798K | +233.9% |
| Q1 2025 | $683K | +1057.6% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2026)
XAIR's revenue distribution by segment and geography for fiscal year 2026
By Product/Segment
XAIR Revenue Analysis (2014–2026)
Current Revenue & Growth
As of June 29, 2026, Beyond Air, Inc. (XAIR) generated trailing twelve-month (TTM) revenue of $7.7 million, reflecting explosive growth of +65.5% year-over-year. The most recent quarter (Q4 2026) recorded $1.9 million in revenue, down 13.1% sequentially.
Historical Growth Trajectory
XAIR's 5-year compound annual growth rate (CAGR) stands at +54.5%, indicating outstanding long-term growth trajectory. Beyond Air, Inc.'s highest annual revenue of $7.7 million was recorded in 2019.
Revenue by Segment
XAIR's revenue is primarily driven by Business Segment (100%). With over half of revenue concentrated in Business Segment, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Healthcare sector peers — including INVA (+13.6% YoY), INSM (+115.1% YoY), and NKTR (-36.2% YoY) — XAIR has outperformed the peer group in revenue growth. Compare XAIR vs INVA →
XAIR Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| XAIRCurrent | $8M | +65.5% | +54.5% | -378.2% | |
 INVA | $425M | +13.6% | +4.8% | 38.5% | |
 INSM | $606M | +115.1% | +29.8% | -194.0% | |
 NKTR | $55M | -36.2% | -18.4% | -236.8% | |
 AVPT | $419M | +27.1% | +22.6% | 7.9% |
XAIR Historical Revenue Data (2014–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $7.7M | +107.3% | $252K | 3.3% | $-29,044,000 | -378.2% |
| 2025 | $3.7M | +219.7% | $-1,663,000 | -44.9% | $-44,537,000 | -1202.1% |
| 2024 | $1.2M | - | $-1,307,000 | -112.8% | $-63,006,000 | -5436.2% |
| 2023 | $0 | - | $-555,000 | - | $-52,059,000 | - |
| 2022 | $0 | -100.0% | $0 | - | $-40,710,000 | - |
| 2021 | $873K | -37.2% | $873K | 100.0% | $-22,214,000 | -2544.6% |
| 2020 | $1.4M | -82.0% | $1.4M | 100.0% | $-18,141,935 | -1305.1% |
| 2019 | $7.7M | - | $7.7M | 100.0% | $-3,058,545 | -39.6% |
| 2018 | $0 | - | $-38,000 | - | $-11,067,000 | - |
| 2017 | $0 | - | $0 | - | $-2,333,000 | - |
| 2016 | $0 | - | $0 | - | $-29,286 | - |
| 2015 | $0 | - | $0 | - | $-2,156,000 | - |
| 2014 | $0 | - | $0 | - | $-1,384,000 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
12+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
XAIR — Frequently Asked Questions
Quick answers to the most common questions about buying XAIR stock.
Is XAIR's revenue growth accelerating or slowing?
XAIR revenue growth is accelerating. TTM revenue reached $8M, up +65.5% year-over-year — ahead of the 5-year CAGR of +54.5%. This indicates the business is expanding faster than its historical baseline.
What is XAIR's revenue history from 2014 to 2026?
Beyond Air, Inc. (XAIR) revenue history spans 2014 to 2026. TTM revenue as of 2026 is $8M, growing at +65.5% YoY. The 5-year CAGR is +54.5%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is XAIR's long-term revenue growth rate (CAGR)?
Beyond Air, Inc.'s 5-year revenue CAGR of +54.5% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +65.5% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for XAIR.
Why does XAIR's quarterly revenue fluctuate?
XAIR quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Beyond Air, Inc.'s revenue data from 2014 to 2026 shows full historical quarterly detail on this page.
How is XAIR's revenue distributed by segment?
XAIR reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does XAIR's revenue compare to industry peers?
Beyond Air, Inc. (XAIR) with TTM revenue of $8M and +65.5% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.