BETA Technologies, Inc.
Business
BETA Technologies designs, manufactures and sells electric aircraft, advanced electric propulsion systems, charging systems and components for aviation. The company offers ALIA CTOL and ALIA VTOL aircraft platforms alongside electric motors, proprietary battery packs, flight control systems and ground service equipment including charging infrastructure. BETA serves cargo & logistics, medical, defense and passenger end markets through direct aircraft sales, aftermarket battery replacement, merchant propulsion sales to other OEMs, and a charging network deployed across 56 locations globally.
Summary from 10-K filed 2026-07-01
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Revenues | 36 | 15 | 15 | |
| Cost of revenues | 10 | 5 | 2 | |
| Gross margin | 26 | 11 | 13 | |
| Research and development | 260 | 207 | 138 | |
| General and administrative | 138 | 76 | 62 | |
| Total operating expenses | 398 | 283 | 200 | |
| Loss from operations | −373 | −272 | −187 | |
| Interest expense | 13 | 11 | 352,000 | |
| Interest income | −20 | −9 | −12 | |
| Loss on issuance of convertible preferred stock | 380 | 0 | 0 | |
| Total other expense (income) | 372 | 3 | −12 | |
| Loss before income taxes | −745 | −275 | −175 | |
| Income tax expense | 756,000 | 514,000 | 1 | |
| Net loss | −746 | −276 | −176 | |
| Preferred Stock PIK dividend | 217 | 31 | 26 | |
| Net loss attributable to common stockholders, basic | −963 | −306 | −202 | |
| Net loss attributable to common stockholders, diluted | −963 | −306 | −202 | |
| Net loss per share attributable to common stockholders, basic (in dollars per share) | −12.85 | −6.77 | −4.5 | |
| Net loss per share attributable to common stockholders, diluted (in dollars per share) | −12.85 | −6.77 | −4.5 | |
| Foreign currency translation adjustments | 197,000 | −194,000 | 37,000 | |
| Comprehensive loss | −746 | −276 | −176 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | 1,710 | 301 | 254 | — | |
| Accounts receivable | 6 | 2 | — | — | |
| Prepaid expenses and other current assets | 23 | 24 | — | — | |
| Total current assets | 1,739 | 327 | — | — | |
| Property and equipment, net | 349 | 320 | — | — | |
| Operating lease right-of-use assets | 16 | 16 | — | — | |
| Other non-current assets | 2 | 3 | — | — | |
| Total assets | 2,106 | 666 | — | — | |
| Accounts payable | 25 | 16 | — | — | |
| Accrued expenses | 35 | 25 | — | — | |
| Deferred revenue | 4 | 6 | — | — | |
| Operating lease liabilities | 2 | 2 | — | — | |
| Notes payable | 6 | 3 | — | — | |
| Other current liabilities | 6 | 5 | — | — | |
| Total current liabilities | 76 | 57 | — | — | |
| Deferred revenue, non-current | 13 | 6 | — | — | |
| Operating lease liabilities, non-current | 17 | 17 | — | — | |
| Notes payable, non-current | 180 | 149 | — | — | |
| Other liabilities | 3 | 2 | — | — | |
| Total liabilities | 288 | 230 | — | — | |
| Commitments and contingencies (see Note 7) | — | — | — | — | |
| Treasury stock | 0 | −6 | — | — | |
| Additional paid-in capital | 3,731 | 0 | — | — | |
| Accumulated deficit | −1,913 | −969 | — | — | |
| Accumulated other comprehensive loss | −10,000 | −207,000 | — | — | |
| Total stockholders equity and convertible preferred stock | 1,818 | 436 | 385 | 551 | |
| Total liabilities, stockholders equity and convertible preferred stock | 2,106 | 666 | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Depreciation and amortization | 22 | 16 | 9 | |
| Loss on disposal of property and equipment | 3 | 365,000 | 2 | |
| Stock-based compensation | 35 | 12 | 9 | |
| Warrant expense | 6 | 0 | 0 | |
| Non-cash interest expense | 2 | 2 | 239,000 | |
| Other | 565,000 | 308,000 | 158,000 | |
| Accounts receivable | −4 | 34,000 | −968,000 | |
| Prepaid expenses and other current assets | −662,000 | 6 | −8 | |
| Other assets and liabilities | −10,000 | 10,000 | 1 | |
| Accounts payable, accrued expenses and current liabilities | 30 | 6 | 6 | |
| Operating lease liabilities | −24,000 | 429,000 | −257,000 | |
| Deferred revenue | 3 | 9 | −82,000 | |
| Net cash used in operating activities | −268 | −223 | −158 | |
| Purchases of property and equipment | −45 | −74 | −153 | |
| Proceeds from sale of property and equipment | 1 | 5 | 907,000 | |
| Net cash used in investing activities | −44 | −69 | −152 | |
| Proceeds from sale-leaseback transaction | 33 | 0 | 0 | |
| Proceeds from initial public offering, net of underwriters discounts and commissions | 1,103 | 0 | 0 | |
| Payment of other initial public offering issuance costs | −10 | 0 | 0 | |
| Proceeds from issuance of promissory note | 0 | 16 | 136 | |
| Payment of debt issuance costs | 0 | −191,000 | −1 | |
| Repayment of borrowings | −4 | −913,000 | −973,000 | |
| Exercise of stock options | 5 | 2 | 722,000 | |
| Principal payments on finance lease obligations | −62,000 | −51,000 | −4,000 | |
| Repurchase of common stock | 0 | −530,000 | 0 | |
| Net cash provided by financing activities | 1,725 | 339 | 134 | |
| Effect of currency translation on cash, cash equivalents and restricted cash | 28,000 | 25,000 | −141,000 | |
| Increase (decrease) in cash, cash equivalents and restricted cash | 1,413 | 48 | −176 | |
| Cash paid for interest | 11 | 9 | 112,000 | |
| Cash paid for taxes | 168,000 | 30,000 | 196,000 | |
| Right-of-use assets recognized for new leases | 2 | 817,000 | 736,000 | |
| Right-of-use assets modified for amendments | 6,000 | −930,000 | 342,000 | |
| Property and equipment recorded in accounts payable | 8 | 8 | 13 | |
| Stock issuance costs recorded in accounts payable and accrued liabilities | 591,000 | 11 | 0 | |
| Assets received in lieu of cash | 0 | 1 | 0 | |
| Asset transferred to held for sale | 0 | 888,000 | 425,000 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is BETA Technologies, Inc.'s CIK number?
BETA Technologies, Inc.'s SEC CIK number is 0001784570 (1784570). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find BETA Technologies, Inc.'s SEC filings?
All of BETA Technologies, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did BETA Technologies, Inc. last report earnings?
BETA Technologies, Inc. (BETA) most recently filed an earnings 8-K with the SEC on May 12, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-033824). This is BETA Technologies, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is BETA Technologies, Inc.'s most recent earnings 8-K?
BETA Technologies, Inc.'s latest earnings 8-K (Item 2.02) was filed May 12, 2026 under accession 0001628280-26-033824. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View BETA Technologies, Inc.'s latest earnings 8-K →
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