Beyond Air (XAIR) Operating Expenses (2016 - 2025)

Beyond Air's Operating Expenses history runs 10 years deep, the most recent figure standing at $6.9 million for Q4 2025.

• In Q4 2025, Operating Expenses fell 35.77% year-over-year to $6.9 million; the TTM figure through Dec 2025 stood at $29.2 million (down 39.04% YoY), while the FY2025 annual figure 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.
• A 5-year average of $11.1 million and a median of $11.6 million in 2022 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 512.81% in 2022 and slumped 41.32% in 2025, its largest moves.
• Beyond Air's Operating Expenses stood at $7.5 million in 2021, then jumped by 86.23% to $13.9 million in 2022, then advanced by 19.12% to $16.6 million in 2023, then sank by 35.34% to $10.7 million in 2024, then sank by 35.77% to $6.9 million in 2025.
• According to Business Quant data, Operating Expenses over the past three periods registered $6.9 million, $7.4 million, and $7.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

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