BETA Technologies Reports Strongest Revenue Since Inception

BETA Technologies Inc (NYSE:BETA) shares are trading higher in premarket trading Tuesday after the company reported a third-quarter earnings beat, with revenue nearly doubling year over year and exceeding its guidance range.

Management said the third quarter marked the company’s strongest revenue quarter since inception. Management added that BETA exceeded its 2026 targets and is using its operational experience to improve its aircraft and scale production ahead of commercial certification.

Earnings Snapshot

BETA Technologies reported a loss of 51 cents per share, narrower than the analyst estimate of a 59-cent loss.

Revenue surged 98% year over year to $17.67 million, topping the $10.78 million consensus estimate and exceeding the company’s guidance range.

Adjusted EBITDA loss widened to $97.4 million from $67.6 million a year earlier. Cash and cash equivalents totaled $1.34 billion at the end of the quarter.

Aircraft Certification and Commercial Progress

The A250 became the first electric vertical takeoff and landing (eVTOL) aircraft to receive an FAA Special Airworthiness Certificate for market surveys, allowing customer demonstration flights before type certification.

BETA also surpassed 250,000 nautical miles flown across its fleet and expanded its charging network to 168 sites.

The company’s commercial backlog exceeded $4 billion, covering 1,040 aircraft in firm and option orders backed by financial commitments. BETA has also launched six of the seven FAA eVTOL Integration Pilot Program selections, supporting missions such as medical deliveries and emergency response.

2026 Outlook

BETA raised its fiscal 2026 revenue guidance to $52 million to $57 million from $42 million to $50 million, above the analyst estimate of $47.10 million.

The company maintained its full-year 2026 adjusted EBITDA loss guidance at $400 million to $445 million.

BETA Stock Price Activity: BETA Technologies shares are trading higher by 6.91% at $21.79 during premarket trading on Tuesday, according to Benzinga Pro data.

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