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
DateValue
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