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BETA Technologies, Inc.

BETA Industrials Aerospace & Defense

BETA Technologies, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $35.6 million, up 136.0% from fiscal 2024.

Revenue
+98.2%
EPS
+94.8%
Free cash flow
−71.5%
Total debt
−2.84%

Quarter to September 2026, against a year earlier

27.10 3.05 +12.68%
Market cap
$5.7B
P/E
0.0×
Fwd P/E
−8.7×
Dividend yield
—
F-score
5/9
Altman Z
3.51
Beneish M
−2.29
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 0.25
Sold, $m 18.29
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — 1 — — — — — —
Sell — — — — — 6 4 3 4 2 6 1
Insider Ownership 48.98%

Capital & Financial Ratios $m

Size
Market Cap 5,650.00
Revenue ttm 53.60
Net income ttm (540.14)
Free cash flow ttm (479.27)
Net debt Q (1,169.03)
Valuation
P/E 0.00
Forward P/E (8.74) (negative: loss-making)
Price / sales 118.46 (above 10: high)
Forward P/S Powerpack
Price / FCF 0.00
Price / book 4.18
Financial health
Current ratio Q 11.51 (at or above 1.5: strong)
Debt / equity Q 0.11 (at or below 0.5: strong)
Interest coverage Q (34.75)
Growth
Revenue growth Q +98.16% (above 0%: growing)
Operating income growth Q −58.62% (below 0%: shrinking)
EPS, this year +82.51% (at or above 15%: strong)
EPS, next year A −2.64% (below 0%: weak)
Revenue, next year A +31.65% (at or above 10%: strong)
EPS, past 5 yrs —
EPS, next 5 yrs A +45.89% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

Dividends

Yield
—
Annual rate
—
Payout ratio
—

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 254 301 1,710 1,343
Receivables 2 2 6 7
Inventory — — — —
Other 2 0 — —
280 327 1,739 1,367
2023 2024 2025 Q'26
Payables 8 16 25 34
ST’ Debt — — — —
Other — 5 6 3
36 57 76 119

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate −0.54 Actual −0.51

Earnings per share against the consensus, by quarter
Quarter Estimate Reported Result
Q4 FY25 −0.52 −2.02 Miss by 1.50
Q1 FY26 −0.58 −0.53 Beat by 0.05
Q2 FY26 −0.59 −0.64 Miss by 0.05
Q3 FY26 −0.54 −0.51 Beat by 0.03
Q4 FY26 −0.44 — Reports 8 March 2027

EPS $

Mar Jun Sep Dec Year
’26 (0.53) (0.64) (0.51) — —
’25 (1.98) (2.02) (9.83) (2.02) (12.85)
’24 — — (1.81) — (6.77)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 10 15 18 — —
’25 10 6 9 11 36
’24 — — 3 — 15
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (95) (75) (101) — —
’25 (58) (56) (69) (84) (268)
’24 — — (165) (57) (223)
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (120) (116) (140) — —
’25 (65) (62) (81) (104) (312)
’24 — — (217) (75) (291)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — — — — — — 15 15 36 54 +52.3% 47 362 894 +192.8%
Gross margin, % — — — — — — — 86.81 70.06 72.20 62.49 (14.6) pt
EBT — — — — — — — (175) (275) (745) (539) +106.6%
EBT margin, % — — — — — — — (1,136.50) (1,823.03) (2,092.07) (1,006.29) (955.6) pt
Net income — — — — — — — (176) (276) (746) (540) +106.1%
Per share, $
Per share, $ Revenue — — — — — — — 0.34 0.33 0.48 0.23 +17.9%
Earnings — — — — — — — (4.50) (6.77) (12.85) (3.70) +69.0%
Cash flow — — — — — — — (3.52) (4.92) (3.57) (1.52) +0.7%
Capex — — — — — — — (3.39) (1.52) (0.59) (0.53) (58.4%)
Free cash flow — — — — — — — (6.91) (6.44) (4.16) (2.05) (22.4%)
Book value — — — — — — — 8.58 9.64 24.25 6.48 +68.1%
Shares, m — — — — — — — 45 45 75 193 +29.2%
Valuation, ×
Valuation, × P/E — — — — — — — 0.00 0.00 0.00 0.00 0.0
P/S — — — — — — — 60.04 60.04 59.38 118.46 59.8
P/B — — — — — — — 0.00 0.00 1.16 4.18 0.4
EV/Sales — — — — — — — 41.59 41.59 16.41 96.64 33.2
EV/FCF — — — — — — — (4.05) (4.05) (1.87) (10.81) (3.3)
Cash, $m
Cash, $m Operating cash flow — — — — — — — (158) (223) (268) (356) +30.2%
Capex — — — — — — — (152) (69) (44) (123) (46.2%)
Free cash flow — — — — — — — (310) (291) (312) (479) +0.2%
Balance, $m
Balance, $m Working capital — — — — — — — 244 271 1,663 1,248 +161.1%
Net debt — — — — — — — (119) (152) (1,530) (1,169) +258.7%
Shareholders’ equity — — — — — — — 385 436 1,818 1,518 +117.2%
Returns, %
Returns, % ROA — — — — — — — 0.00 (49.19) (69.48) (49.09) (69.5) pt
ROIC — — — — — — — (43.75) (59.95) (81.04) (99.23) (37.3) pt
ROE — — — — — — — 0.00 36.97 (228.67) 1,958.90 (228.7) pt
People
People Employees — — — — — — — — — 1,008 — —
Revenue/emp, $m — — — — — — — 0.00 0.00 0.04 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

BETA Technologies, Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
LOAR Loar Holdings Inc. $6.8B 118× 104× +38.99% (above 0%: growing) −27.59% (below 0%: shrinking) +46.45% (above 0%: growing) 54.16% 26.21% Compare
KTOS Kratos Defense & Security Solutions, Inc. $6.3B 206× 209× +35.73% (above 0%: growing) 0.00% +14.29% (above 0%: growing) 22.47% (1.04%) Compare
HXL Hexcel Corporation $6.1B 35.8× 34.2× +8.81% (above 0%: growing) +96.15% (above 0%: growing) −47.46% (below 0%: shrinking) 23.27% 11.04% Compare
BETA BETA Technologies, Inc. $5.7B — (loss-making) — (loss-making) +98.16% (above 0%: growing) n/m −71.45% (below 0%: shrinking) 72.09% (723.20%)
AVAV AeroVironment, Inc. $5.2B — (loss-making) 268× +5.68% (above 0%: growing) n/m +76.92% (above 0%: growing) 25.93% (2.26%) Compare
VSEC VSE Corporation $4.6B 42.3× 36.8× +91.23% (above 0%: growing) +690.21% (above 0%: growing) +217.04% (above 0%: growing) 17.92% 14.32% Compare
MDA MDA Space Ltd. $4.4B 48.3× 49.5× +33.44% (above 0%: growing) −12.34% (below 0%: shrinking) −1,555.78% (below 0%: shrinking) 25.25% 6.14% Compare
KRMN Karman Holdings Inc. $4.3B 115× 80.9× +65.55% (above 0%: growing) +166.67% (above 0%: growing) +490.76% (above 0%: growing) 42.73% 15.75% Compare
AIR AAR Corp. $4.2B 22.2× 19.7× +24.12% (above 0%: growing) +5.21% (above 0%: growing) +182.09% (above 0%: growing) 19.20% 7.85% Compare
Median of peers $4.9B 48.3× 65.2× +34.59% +5.21% +61.69% 24.26% 9.45%

All 94 Aerospace & Defense stocks →

BETA Technologies, Inc. (BETA) Latest News

6 Nov

Impact 3 · · FreightWaves

5 Nov

Impact 3 · · Simply Wall St.

4 Nov

Impact 3 · · Moby

3 Nov

Impact 4 · · The Motley Fool transcript
Impact 3 · · TIKR
Impact 3 · · MarketBeat
Impact 3 · · Stocktwits
Impact 3 · · Business Wire

22 Oct

Impact 3 · · The Motley Fool

21 Oct

Impact 4 · · Business Wire

20 Oct

Impact 3 · · Business Wire

10 Oct

Impact 4 · · Simply Wall St.

9 Oct

Impact 4 · · Simply Wall St.
Impact 3 · · Simply Wall St.
Impact 3 · · Moby transcript

7 Oct

Impact 4 · · Business Wire

25 Sep

Impact 3 · · The Motley Fool

23 Sep

Impact 4 · · Business Wire

10 Sep

Impact 3 ·

12 Aug

Impact 4 · · Moby transcript
Impact 4 ·
Impact 4 · · MarketBeat
Impact 3 · · The Motley Fool transcript
Impact 3 ·
Impact 3 · · InvestorsHub
Impact 3 ·

10 Aug

Impact 3 ·

4 Aug

Impact 4 ·

23 Jul

Impact 4 ·

21 Jul

Impact 4 · · Trefis

BETA metrics, ten years each

stockrow.com/BETA · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com