Beyond Air (XAIR) Operating Expenses (2016 - 2025)
Beyond Air's (XAIR) quarterly Operating Expenses came in at $6.9 million in Q4 2025, down 35.77% year-on-year from $10.7 million in Q4 2024, and down 6.34% quarter-over-quarter from $7.4 million in Q3 2025.
Beyond Air (XAIR) Operating Expenses (2016 - 2025) Analysis & Trends
Beyond Air has disclosed Operating Expenses across 10 years of filings, most recently posting $6.9 million for Q4 2025.
- Operating Expenses for Q4 2025 came in at $6.9 million, down 35.77% year-over-year; the trailing twelve-month figure through Dec 2025 was $29.2 million (down 39.04% YoY), and the FY2025 annual result was $42.9 million, down 30.51% from the prior year.
- Operating Expenses came in at $6.9 million for Q4 2025 at Beyond Air, down from $7.4 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $20.4 million in Q1 2022 to a low of $3.3 million in Q1 2021.
- The 5-year median for Operating Expenses is $11.6 million (2022), against an average of $11.1 million.
- Across the five-year window, Operating Expenses surged 512.81% in 2022 and tumbled 41.32% in 2025, its largest moves.
- Beyond Air's Operating Expenses stood at $7.5 million in 2021, then soared by 86.23% to $13.9 million in 2022, then gained by 19.12% to $16.6 million in 2023, then slumped by 35.34% to $10.7 million in 2024, then slumped by 35.77% to $6.9 million in 2025.
- The last three Operating Expenses figures came in at $6.9 million (Q4 2025), $7.4 million (Q3 2025), and $7.8 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 9.82 Bn |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 2.87 Bn |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 3.76 Bn |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 2.51 Bn |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | 822.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -668.50 Mn |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 495.00 Mn |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 1.46 Bn |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 380.30 Mn |
| 10 | Beyond Air | 2.53 Mn | -7.33 Mn | 300,000.00 | 6.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.90 Mn |
| Sep 30, 2025 | 7.36 Mn |
| Jun 30, 2025 | 7.77 Mn |
| Mar 31, 2025 | 7.14 Mn |
| Dec 31, 2024 | 10.74 Mn |
| Sep 30, 2024 | 11.75 Mn |
| Jun 30, 2024 | 13.25 Mn |
| Mar 31, 2024 | 12.12 Mn |
| Dec 31, 2023 | 16.61 Mn |
| Sep 30, 2023 | 17.34 Mn |
| Jun 30, 2023 | 15.63 Mn |
| Mar 31, 2023 | 13.68 Mn |
| Dec 31, 2022 | 13.94 Mn |
| Sep 30, 2022 | 12.44 Mn |
| Jun 30, 2022 | 11.44 Mn |
| Mar 31, 2022 | 20.43 Mn |
| Dec 31, 2021 | 7.49 Mn |
| Sep 30, 2021 | 6.20 Mn |
| Jun 30, 2021 | 6.59 Mn |
| Mar 31, 2021 | 3.33 Mn |