Beyond Air (XAIR) Gross Margin (2023 - 2026)
Beyond Air's (XAIR) quarterly Gross Margin came in at 12.73% in Q2 2026, up 386.0% year-over-year from 2.62% in Q2 2025, and up 158.18% quarter-over-quarter from 4.93% in Q1 2026.
Analysis
Beyond Air (XAIR) Gross Margin (2023 - 2026) Analysis & Trends
Beyond Air has disclosed Gross Margin across 4 years of filings, most recently posting 12.73% for Q2 2026.
- In Q2 2026, Gross Margin rose 386.0% year-over-year to 12.73%; the TTM figure through Jun 2026 stood at 4.18% (up 2875.0% YoY), while the FY2026 annual figure was 3.28%, up 4817.0% from the prior year.
- Gross Margin came in at 12.73% for Q2 2026 at Beyond Air, up from 4.93% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 13.67% in Q4 2025 to a low of 413.56% in Q2 2023.
- Average Gross Margin over 4 years is 67.54%, with a median of 20.06% recorded in 2024.
- The largest YoY upside for Gross Margin was 36495 bps in 2024 against a maximum downside of 5509 bps in 2024.
- Over 4 years, Gross Margin stood at 91.05% in 2023, then jumped by 78 bps to 20.06% in 2024, then jumped by 168 bps to 13.67% in 2025, then retreated by 7 bps to 12.73% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 12.73% in Q2 2026, 4.93% in Q1 2026, and 13.67% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 180.08 Bn | 174.48 Bn | 7.27 Bn | 57.71% |
| 2 | Intuitive Surgical | 127.86 Bn | 122.64 Bn | 1.96 Bn | 67.78% |
| 3 | Medtronic | 117.15 Bn | 108.33 Bn | 6.34 Bn | 64.99% |
| 4 | Stryker | 103.82 Bn | 100.34 Bn | 4.50 Bn | 68.27% |
| 5 | Boston Scientific | 63.24 Bn | 62.70 Bn | 3.85 Bn | 70.71% |
| 6 | Edwards Lifesciences | 49.76 Bn | 45.51 Bn | 1.35 Bn | 77.46% |
| 7 | Alcon | 32.95 Bn | 31.49 Bn | 1.68 Bn | 60.21% |
| 8 | Dexcom | 32.22 Bn | 30.27 Bn | 830.00 Mn | 63.44% |
| 9 | Steris | 20.71 Bn | 20.23 Bn | 684.20 Mn | 45.84% |
| 10 | Beyond Air | 2.24 Mn | -8.68 Mn | 225,000.00 | 12.73% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.73% |
| Mar 31, 2026 | 4.93% |
| Dec 31, 2025 | 13.67% |
| Sep 30, 2025 | -16.39% |
| Jun 30, 2025 | 8.86% |
| Mar 31, 2025 | -2.78% |
| Dec 31, 2024 | -20.06% |
| Sep 30, 2024 | -135.84% |
| Jun 30, 2024 | -48.61% |
| Mar 31, 2024 | -109.15% |
| Dec 31, 2023 | -91.05% |
| Sep 30, 2023 | -80.75% |
| Jun 30, 2023 | -413.56% |