Beyond Air fiscal FY revenue doubles on LungFit PH demand

Beyond Air

26/06/2026 12:11

Overview
US medical device maker's fiscal 2026 revenue more than doubled, driven by LungFit PH demand
Fiscal 2026 net loss and operating loss missed analyst expectations
Company guides for 15% revenue growth in calendar 2026, over 110% growth in 2027

Outlook
Beyond Air sees calendar 2026 revenue at $8 mln, up 15% from prior year
Company expects 2027 revenue of $16-$18 mln, driven by LungFit PH commercial launch
Beyond Air says expanding market access and international growth support revenue outlook

Result Drivers
LUNGFIT PH DEMAND - Revenue growth was driven by increased demand for LungFit PH in the U.S. and international markets
DISTRIBUTION EXPANSION - Expanded global distribution network for LungFit PH to more than 45 countries, positioning for further international commercial expansion
GROUP PURCHASING AGREEMENT - Awarded a national group purchasing agreement for inhaled nitric oxide therapy with a leading U.S. group purchasing organization, expanding access to healthcare providers

Company press release: ID:nGNX1gdvQN

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY EPS
 
-$4.01
 
FY Net Income
Miss
-$34.33 mln
-$30.17 mln (3 Analysts)
FY Operating Income
Miss
-$29.04 mln
-$28.50 mln (3 Analysts)
FY Gross Profit
 
$252,000
 
FY Operating Expenses
 
$29.30 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the medical equipment, supplies & distribution peer group is "buy"
Wall Street's median 12-month price target for Beyond Air Inc is $5.00, about 947.6% above its June 25 closing price of $0.48

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)