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Financials · BETA

Beta Technologies Inc. (BETA) financials

For the twelve months ended Sep 30, 2026, Beta Technologies Inc. reported $53.60M of revenue and -$540.14M of net income.

Revenue, TTM
$53.60M
Revenue growth, YoY
+85.3%
Net income, TTM
-$540.14M
Net margin
-1007.8%
Free cash flow, TTM
-$469.64M
Cash
$1.34B
Total debt
$184.01M
P/S
125.03
Market cap
$6.70B
Annual revenue$35.62M
FY2023FY2025
Annual net income-$745.87M
FY2023FY2025
Annual free cash flow-$313.25M
FY2023FY2025

BETA revenue and earnings growth

BETA revenueQ3 2026$17.67M

Quarter YoY
+98.2%
QoQ
+20.6%
FY YoY
+136.0%

BETA revenue was $17.67M in fiscal Q3 2026 (ended Sep 30, 2026), up 98.2% from a year earlier and up 20.6% from the prior quarter. For the full fiscal 2025 it was $35.62M, up 136.0% from fiscal 2024.

BETA net incomeQ3 2026-$119.12M

BETA net income was -$119.12M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$437.21M a year earlier. For the full fiscal 2025 it was -$745.87M, compared with -$275.64M in fiscal 2024.

BETA EPSQ3 2026-$0.51

BETA diluted EPS was -$0.51 in fiscal Q3 2026 (ended Sep 30, 2026). For the full fiscal 2025 it was -$12.85.

BETA free cash flowQ3 2026-$129.92M

BETA free cash flow was -$129.92M in fiscal Q3 2026 (ended Sep 30, 2026), compared with -$81.80M a year earlier. For the full fiscal 2025 it was -$313.25M, compared with -$296.17M in fiscal 2024.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
Revenue$35.62M$15.09M$15.36M
Cost of revenue$9.90M$4.52M$2.02M
Gross profit$25.71M$10.57M$13.33M
Research and development$259.89M$206.91M$138.27M
Selling, general and admin$138.49M$75.88M$61.63M
Operating income-$372.67M-$272.22M-$186.57M
Interest expense$12.97M$11.43M$352.0K
Pre-tax income-$745.11M-$275.13M-$174.53M
Income tax$756.0K$514.0K$1.03M
Net income-$745.87M-$275.64M-$175.56M
EPS, basic-$12.85-$6.77-$4.50
EPS, diluted-$12.85-$6.77-$4.50
Diluted shares75.0M45.2M44.9M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
Cash and equivalents$1.71B$302.02M$253.54M
Receivables$5.75M$2.15M-
Current assets$1.74B$327.34M-
Total assets$2.11B$666.37M-
Current liabilities$76.39M$56.55M-
Short-term debt$5.71M$2.83M-
Long-term debt$179.80M$149.23M-
Total debt$185.51M$152.07M-
Total liabilities$288.43M$230.43M-
Shareholders' equity$1.82B$435.94M$385.44M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
Operating cash flow-$267.80M-$222.66M-$158.01M
Capital expenditures$45.45M$73.51M$153.24M
Free cash flow-$313.25M-$296.17M-$311.25M
Investing cash flow-$44.08M-$68.81M-$152.33M
Financing cash flow$1.73B$339.33M$134.33M
Share repurchases$0$530.0K$0
Stock-based compensation$34.76M$12.11M$8.96M
Depreciation and amortization$22.03M$16.46M$8.62M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
Revenue growth, YoY136.0%-1.7%-
Gross margin72.2%70.1%86.8%
Operating margin-1046.3%-1803.7%-1214.9%
Net margin-2094.2%-1826.4%-1143.2%
Free cash flow margin-879.5%-1962.4%-2026.8%
Return on equity-41.0%-63.2%-45.5%
Return on assets-35.4%-41.4%-
Current ratio22.775.79-
Debt to equity0.100.35-

Source: XBRL data Beta Technologies Inc. files with the SEC, latest filing dated Nov 3, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

BETA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BETA$53.60M+85.3%-$540.14M-1007.8%$6.70B
RTX$95.99B+11.6%$8.40B8.8%$264.91B
BA$94.91B+17.5%$7.66B8.1%$136.60B
HON$33.61B+3.9%$7.05B21.0%$72.68B
HEI$5.18B+20.7%$847.72M16.4%$47.90B
TXT$15.45B+8.5%$973.00M6.3%$14.47B
PACMXN 41.41B+23.2%MXN 9.57B23.1%$14.05B
EMBJ$7.58B+18.5%$351.90M4.6%$13.93B

BETA FAQ

8 questions
  • What is BETA revenue?
    Beta Technologies Inc. (BETA) reported $53.60M of revenue for the twelve months ended Sep 30, 2026. That is up 85.3% from the year before. Revenue for fiscal 2025 was $35.62M.
  • Is BETA profitable?
    No. Beta Technologies Inc. reported a net loss of $540.14M for the twelve months ended Sep 30, 2026.
  • How much cash and debt does BETA have?
    Beta Technologies Inc. reported $1.34B in cash and cash equivalents and $184.01M of debt on its most recent balance sheet in SEC filings.
  • How fast is BETA revenue growing?
    Beta Technologies Inc.'s revenue changed +136.0% in fiscal 2025, to $35.62M.
  • What is BETA gross margin?
    Beta Technologies Inc.'s gross profit was $33.49M on $53.60M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 62.5%.
  • What is BETA free cash flow?
    Beta Technologies Inc. generated -$469.64M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of -$355.79M less capital expenditures.
  • When did BETA last report financial results?
    The latest statements here come from Beta Technologies Inc.'s 10-Q filed on Nov 3, 2026, covering the period ended Sep 30, 2026.
  • Where does this BETA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Beta Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.