BETA Technologies, Inc. Announces Third Quarter 2026 Results
Business Wire•03/11/2026•05:00 ET
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Key Highlights
- ➤Q3 revenue $17.7 million, up 98% year over year and above guidance
- ➤2026 revenue guidance raised to $52 million-$57 million; EBITDA outlook maintained
- ➤A250 received FAA authorization for market surveys with prospective customers aboard
- ➤Commercial aircraft backlog topped $4.0 billion, covering 1,040 firm and option orders
- ➤Cash and equivalents totaled $1.343 billion; Q3 net loss reached $119.1 million
Expert Statements
Kyle Clark, Founder and chief executive officer of BETA Technologies
“This was our strongest quarter of revenue since inception, and we’re exceeding the targets we set at the beginning of 2026.”
Kyle Clark, Founder and chief executive officer of BETA Technologies
“We’ve now flown more than 250,000 nautical miles, advanced commercial operations through our eIPP launches, and secured a historic FAA authorization to fly prospective customers aboard our A250 electric VTOL aircraft.”
Kyle Clark, Founder and chief executive officer of BETA Technologies
“Each of these milestones builds on years of engineering and real-world operating experience.”
Kyle Clark, Founder and chief executive officer of BETA Technologies
“Our vertically integrated, stepwise approach allows us to take what we’re learning in the field and apply it directly to improving our aircraft.”
Kyle Clark, Founder and chief executive officer of BETA Technologies
“We’re demonstrating that our partnerships and strategy are working, and we are carrying that momentum into scaling production as we advance toward commercial certification.”
Company delivers record quarterly revenue, achieves landmark FAA market survey authorization and surpasses key year-end goals ahead of schedule.
BETA Technologies, Inc. (NYSE: BETA) (“BETA” or the “Company”), an aerospace and defense company, today announced its financial and operating results for the third quarter ended September 30, 2026.
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