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 | $0M | $0M | $0M | $0M | - | - | - |
| 2023 | $0M | $0M | $0M | $0M | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | 0 | 0 | 35.62 |
| Cost Of Revenue | 0 | 0 | 9.90 |
| Gross Profit | 0 | 0 | 25.71 |
| Operating Expense | 0 | 0 | 398.38 |
| Operating Income | 0 | 0 | -372.67 |
| EBITDA | 0 | 0 | -710.11 |
| EBIT | 0 | 0 | -732.14 |
| Pretax Income | 0 | 0 | -745.11 |
| Tax Provision | 0 | 0 | 0.76 |
| Net Income | 0 | 0 | -745.87 |
| Net Income Common Stockholders | 0 | 0 | -963.22 |
| Total Expenses | 0 | 0 | 408.28 |
| Interest Expense | 0 | 0 | 12.97 |
| Interest Income | 0 | 0 | 20.15 |
| Research And Development | 0 | 0 | 259.89 |
| Selling General And Administration | 0 | 0 | 138.49 |
| Normalized EBITDA | 0 | 0 | -330.50 |
| Normalized Income | 0 | 0 | -445.97 |
| Basic EPS | -0.90 | -1.37 | 0 |
| Diluted EPS | -0.90 | -1.37 | 0 |
| Tax Effect Of Unusual Items | 0 | 0 | -79.72 |
| Tax Rate For Calcs | 0 | 0 | 0.21 |
| Total Unusual Items | 0 | 0 | -379.62 |
| Total Unusual Items Excluding Goodwill | 0 | 0 | -379.62 |
| Net Income From Continuing Operation Net Minority Interest | 0 | 0 | -745.87 |
| Reconciled Depreciation | 0 | 0 | 22.03 |
| Reconciled Cost Of Revenue | 0 | 0 | 9.90 |
| Net Interest Income | 0 | 0 | 7.17 |
| Net Income From Continuing And Discontinued Operation | 0 | 0 | -745.87 |
| Total Operating Income As Reported | 0 | 0 | -372.67 |
| Diluted Average Shares | 223.81 | 223.81 | 0 |
| Basic Average Shares | 223.81 | 223.81 | 0 |
| Diluted NI Availto Com Stockholders | 0 | 0 | -963.22 |
| Preferred Stock Dividends | 0 | 0 | 217.35 |
| Net Income Including Noncontrolling Interests | 0 | 0 | -745.87 |
| Net Income Continuous Operations | 0 | 0 | -745.87 |
| Other Income Expense | 0 | 0 | -379.62 |
| Gain On Sale Of Security | 0 | 0 | -379.62 |
| Net Non Operating Interest Income Expense | 0 | 0 | 7.17 |
| Interest Expense Non Operating | 0 | 0 | 12.97 |
| Interest Income Non Operating | 0 | 0 | 20.15 |
| General And Administrative Expense | 0 | 0 | 138.49 |
| Other Gand A | 0 | 0 | 138.49 |
| Operating Revenue | 0 | 0 | 35.62 |
Industrials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| BETA Technologies, Inc.this co. | BETA | $3.5B | - | 1.83 | -41.0% | -5.24 |
| GPGI, Inc. | GPGI | $4.2B | - | 7.52 | -55.9% | -335.00 |
| Intuitive Machines, Inc. | LUNR | $4.0B | - | -3.98 | -40.9% | -55.99 |
| York Space Systems, Inc. | YSS | $3.7B | - | 1.68 | -9.7% | -473.39 |
| NuScale Power Corporation | SMR | $3.7B | - |
| 3.08 |
| -32.0% |
| -12.69 |
| Maximus, Inc. | MMS | $3.6B | 10.02 | 2.07 | 19.1% | 7.27 |
| Exponent, Inc. | EXPO | $3.2B | 31.97 | 8.41 | 27.2% | 24.03 |
| McGrath RentCorp | MGRC | $2.9B | 18.68 | 2.36 | 12.6% | 13.09 |
| Amprius Technologies, Inc. | AMPX | $2.8B | - | 26.35 | -42.4% | -138.51 |
| Peer Median | - | 18.68 | 2.72 | -20.8% | -34.34 | |