Quick Answer
Beyond Air, Inc. reported R&D Expense of $16.86 million for fiscal year 2025.
Beyond Air, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $16.86M | -30.8% |
| 2024 | $24.36M | +44.9% |
| 2023 | $16.81M | +42.4% |
| 2022 | $11.80M | -6.5% |
| 2021 | $12.62M | +18.5% |
| 2020 | $10.65M | +171.0% |
| 2019 | $3.93M | +6929.6% |
| 2018 | $55.9K | -98.8% |
| 2018 | $4.64M | +4.5% |
| 2017 | $4.44M | +559.5% |
| 2016 | $673.0K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $2.43M | -19.2% | -0.9% |
| September 30, 2025 | $2.45M | -46.6% | -20.6% |
| June 30, 2025 | $3.09M | -48.6% | +2.7% |
| December 31, 2024 | $3.00M | -56.1% | -34.5% |
| September 30, 2024 | $4.58M | -35.7% | -23.7% |
| June 30, 2024 | $6.01M | +28.0% | -12.1% |
| December 31, 2023 | $6.84M | +36.8% | -4.1% |
| September 30, 2023 | $7.13M | +60.2% | +51.9% |
- Beyond Air, Inc. showed a decrease of -30.8% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Beyond Air, Inc.’s r&d expense has grown by 2404.8% (from $673.0 thousand to $16.86 million).
- The most recent figure is from Beyond Air, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on June 20, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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