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BETA Technologies, Inc., an electric aerospace company, designs, manufactures, and sells electric aircraft, electric propulsion systems, components, and charging systems worldwide. It builds and flown ALIA aircraft consisting of conventional fixed-wing electric aircraft and electric vertical takeoff and landing aircraft. The company is also deploying a network of charging infrastructure. It serves customer base across cargo and logistics, defense, passenger, and medical end markets. The company was founded in 2017 and is headquartered in South Burlington, Vermont.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $36M | $-710M | $-746M | $-313M | -41.0% | - | - |
| 2024 | - | - | - | - | - | - | - |
| 2023 | - | - | - | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | - | - | 35.62 |
| Operating Revenue | - | - | 35.62 |
| Cost Of Revenue | - | - | 9.90 |
| Gross Profit | - | - | 25.72 |
| Operating Expense | - | - | 398.38 |
| Research And Development | - | - | 259.89 |
| Selling General And Administration | - | - | 138.49 |
| Total Expenses | - | - | 408.28 |
| Operating Income | - | - | -372.67 |
| Total Operating Income As Reported | - | - | -372.67 |
| EBITDA | - | - | -710.11 |
| Normalized EBITDA | - | - | -330.50 |
| EBIT | - | - | -732.14 |
| Interest Income | - | - | 20.15 |
| Interest Expense | - | - | 12.97 |
| Net Interest Income | - | - | 7.18 |
| Other Income Expense | - | - | -379.62 |
| Interest Income Non Operating | - | - | 20.15 |
| Interest Expense Non Operating | - | - | 12.97 |
| Net Non Operating Interest Income Expense | - | - | 7.18 |
| Pretax Income | - | - | -745.11 |
| Tax Provision | - | - | 0.76 |
| Tax Rate For Calcs | - | - | 0 |
| Tax Effect Of Unusual Items | - | - | -79.72 |
| Net Income Continuous Operations | - | - | -745.87 |
| Net Income From Continuing And Discontinued Operation | - | - | -745.87 |
| Net Income From Continuing Operation Net Minority Interest | - | - | -745.87 |
| Net Income | - | - | -745.87 |
| Net Income Common Stockholders | - | - | -963.22 |
| Net Income Including Noncontrolling Interests | - | - | -745.87 |
| Normalized Income | - | - | -445.97 |
| Diluted NI Availto Com Stockholders | - | - | -963.22 |
| Basic Average Shares | 223.81 | 223.81 | 74.97 |
| Diluted Average Shares | 223.81 | 223.81 | 74.97 |
| Reconciled Depreciation | - | - | 22.03 |
| Reconciled Cost Of Revenue | - | - | 9.90 |
| Total Unusual Items | - | - | -379.62 |
| Total Unusual Items Excluding Goodwill | - | - | -379.62 |
| Preferred Stock Dividends | - | - | 217.35 |
| Gain On Sale Of Security | - | - | -379.62 |
| General And Administrative Expense | - | - | 138.49 |
| Other Gand A | - | - | 138.49 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BETA Technologies, Inc.this co. | BETA | $4.3B | -5.82 | 2.39 | -41.0% | -3.99 |
| Archer Aviation Inc. | ACHR | $4.9B | -7.87 | 2.21 | -28.1% | -5.59 |
| Herc Holdings Inc. | HRI | $4.7B | 4690.39 | 2.41 | 0.1% | 9.57 |
| Xometry, Inc. | XMTR | $4.6B | -74.00 | 16.58 | -22.4% | -130.48 |
| Redwire Corporation | RDW | $4.3B | -18.82 |
| 4.02 |
| -21.4% |
| -23.94 |
| The Brink's Company | BCO | $4.2B | 20.82 | 14.97 | 71.9% | 7.92 |
| NuScale Power Corporation | SMR | $4.2B | -11.67 | 3.55 | -30.4% | - |
| York Space Systems, Inc. | YSS | $3.8B | -45.52 | 4.43 | -9.7% | -211.18 |
| Tutor Perini Corporation | TPC | $3.8B | 47.50 | 3.14 | 6.6% | 11.47 |
| Peer Median | - | -9.77 | 3.79 | -15.6% | -5.59 | |