--- title: "Beyond Air | 8-K: FY2026 Revenue Misses Estimate at USD 7.679 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/291020738.md" datetime: "2026-06-27T02:46:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291020738.md) - [en](https://longbridge.com/en/news/291020738.md) - [zh-HK](https://longbridge.com/zh-HK/news/291020738.md) generator: "portal-rs" --- # Beyond Air | 8-K: FY2026 Revenue Misses Estimate at USD 7.679 M Revenue: As of FY2026, the actual value is USD 7.679 M, missing the estimate of USD 8.078 M. EPS: As of FY2026, the actual value is USD -4.01, missing the estimate of USD -3.7733. EBIT: As of FY2026, the actual value is USD -25.83 M. Beyond Air, Inc. announced its financial results for the fiscal quarter and year ended March 31, 2026, on June 26, 2026 . The company’s Board of Directors approved a change in the fiscal year-end from March 31 to December 31, effective December 31, 2026 . #### Fiscal Quarter Ended March 31, 2026 Financial Results - **Revenue**: Beyond Air, Inc. reported revenues of $1.9 million, marking a 66% increase compared to $1.2 million for the fiscal quarter ended March 31, 2025 . - **Gross Profit**: Gross profit increased to $94,000 for the quarter ended March 31, 2026, compared with a gross loss of - $32,000 for the same period in the prior year . - **Research and Development Expenses**: R&D expenses decreased by 30% to $2.3 million for the fiscal quarter ended March 31, 2026, from $3.3 million in the prior year period . - **Selling, General and Administrative Expenses**: SG&A expenses increased by 28% to $5.0 million for the fiscal quarter ended March 31, 2026, compared to $3.9 million for the fiscal quarter ended March 31, 2025, primarily due to one-time severance and related charges . - **Net Loss**: Net loss attributable to common stockholders of Beyond Air, Inc. was - $10.3 million, or a loss of - $0.77 per share, for the quarter ended March 31, 2026, compared to - $8.0 million, or a loss of - $1.79 per share, for the prior year period . - **Net Cash Burn**: Net cash burn, excluding inflows from financing activities, was $5.4 million for the fiscal quarter ended March 31, 2026 . #### Fiscal Year Ended March 31, 2026 Financial Results - **Revenue**: Revenues for the fiscal year ended March 31, 2026, increased by 107% to $7.7 million, up from $3.7 million for the fiscal year ended March 31, 2025 . - **Gross Profit**: Gross profit increased to $0.3 million for the fiscal year ended March 31, 2026, compared with a gross loss of - $1.7 million for the fiscal year ended March 31, 2025 . - **Research and Development Expenses**: R&D expenses decreased by 39% to $10.2 million for the fiscal year ended March 31, 2026, compared to $16.9 million for the prior fiscal year, driven by decreased employee expenses and lower development costs . - **Selling, General and Administrative Expenses**: SG&A expenses decreased by 27% to $19.1 million for the fiscal year ended March 31, 2026, from $26.0 million for the fiscal year ended March 31, 2025, primarily due to a reduction in employee-related costs . - **Net Loss**: Net loss attributable to common stockholders of Beyond Air, Inc. was - $33.2 million, or a loss of - $4.01 per share, for the fiscal year ended March 31, 2026, compared to - $46.6 million, or a loss of - $13.77 per share, for the prior fiscal year . - **Net Cash Burn**: Net cash burn, excluding inflows from financing activities, was $19.1 million for the fiscal year ended March 31, 2026 . #### Balance Sheet Highlights as of March 31, 2026 - **Cash, Cash Equivalents, Restricted Cash and Marketable Securities**: Beyond Air, Inc. reported $17.3 million in cash, cash equivalents, restricted cash, and marketable securities . - **Total Long-Term Debt**: Total long-term debt outstanding was $21.6 million . - **Equity Line of Credit**: The company has $18.2 million remaining available under its equity line of credit . #### Outlook / Guidance Beyond Air, Inc. provided revenue guidance of $8 million for calendar year 2026, representing approximately 15% growth . For calendar year 2027, the company anticipates revenue guidance of $16-$18 million, reflecting more than 110% year-over-year growth at the midpoint, including the commercial launch of the second-generation LungFit PH system . The company is transitioning its fiscal year-end from March 31st to December 31st . ### Related Stocks - [XAIR.US](https://longbridge.com/en/quote/XAIR.US.md) ## Related News & Research - [Xcel Energy sets BRL 0.26 per unit distribution for payment Oct. 26, 2026](https://longbridge.com/en/news/296646864.md) - [Strattec Security Q4 2026 Earnings Preview](https://longbridge.com/en/news/296831880.md) - [Public Storage announces R$ 0.41 per unit dividend for Q3 2026](https://longbridge.com/en/news/296635332.md) - [REG - UIL Limited UIL Finance Ltd - Purchase of 2026 ZDP Shares](https://longbridge.com/en/news/296518280.md) - [Corning sets Q3 2026 dividend at R$ 0.25 per unit](https://longbridge.com/en/news/296635714.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**