BETA Technologies Inc (BETA) financial statements: income statement, balance sheet and cash flow
BETA Technologies Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), BETA Technologies Inc reported revenue of $35.6M and net income of ($963.2M).
Income statement
BETA Technologies Inc income statement, fiscal years
Line item
Dec 31, 2025 · FY
Revenues
$35.6M
Cost of revenues
$9.9M
Gross margin
$25.7M
Research and development
$259.9M
General and administrative
$138.5M
Total operating expenses
$398.4M
Loss from operations
($372.7M)
Interest expense
$13.0M
Interest income
($20.1M)
Loss on issuance of convertible preferred stock
$379.6M
Total other expense (income)
$372.4M
Loss before income taxes
($745.1M)
Income tax expense
$756.0K
Preferred Stock PIK dividend
$217.4M
Net loss attributable to common stockholders, basic
($963.2M)
Net loss attributable to common stockholders, diluted
($963.2M)
Net loss per share attributable to common stockholders, basic (in dollars per share)
-$12.85
Net loss per share attributable to common stockholders, diluted (in dollars per share)
-$12.85
Net loss
($745.9M)
Foreign currency translation adjustments
$197.0K
Comprehensive loss
($745.7M)
BETA Technologies Inc income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Revenues
$14.7M
$10.1M
$8.9M
Cost of revenues
$6.6M
$4.3M
$2.7M
Gross margin
$8.0M
$5.8M
$6.2M
Research and development
$122.4M
$91.7M
$56.4M
General and administrative
$43.8M
$47.0M
$30.4M
Total operating expenses
$166.1M
$138.8M
$86.8M
Loss from operations
($158.1M)
($133.0M)
($80.6M)
Interest income
($13.3M)
($14.5M)
$2.6M
Interest expense
$3.7M
$3.6M
($3.5M)
Total other (income) expense
($9.6M)
($10.9M)
($356.4M)
Loss before income taxes
($148.5M)
($122.1M)
($437.0M)
Provision for income taxes
$267.0K
$216.0K
($253.0K)
Convertible preferred stock paid-in-kind dividend
$0
$0
($14.6M)
Net loss attributable to common stockholders, basic
($148.8M)
($122.3M)
($451.8M)
Net loss attributable to common stockholders, diluted
($148.8M)
($122.3M)
($451.8M)
Net loss per share attributable to common stockholders, basic (in dollars per share)
-$0.64
-$0.53
-$9.83
Net loss per share attributable to common stockholders, diluted (in dollars per share)
-$0.64
-$0.53
-$9.83
Net loss
($148.8M)
($122.3M)
($437.2M)
Foreign currency translation adjustments
($112.0K)
($77.0K)
($110.0K)
Comprehensive loss
($148.9M)
($122.4M)
($437.3M)
Balance sheet
BETA Technologies Inc balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Cash and cash equivalents
$1.7B
Accounts receivable
$5.7M
Prepaid expenses and other current assets
$23.5M
Total current assets
$1.7B
Property and equipment, net
$348.5M
Operating lease right-of-use assets
$16.4M
Other non-current assets
$1.8M
Total assets
$2.1B
Accounts payable
$24.5M
Accrued expenses
$35.1M
Deferred revenue
$3.7M
Operating lease liabilities
$1.6M
Notes payable
$5.7M
Other current liabilities
$5.8M
Total current liabilities
$76.4M
Deferred revenue, non-current
$12.6M
Operating lease liabilities, non-current
$16.8M
Notes payable, non-current
$179.8M
Other liabilities
$2.8M
Total liabilities
$288.4M
Convertible preferred stock
$0
Common stock
$23.0K
Treasury stock
$0
Additional paid-in capital
$3.7B
Accumulated deficit
($1.9B)
Accumulated other comprehensive loss
($10.0K)
Total stockholders’ equity and convertible preferred stock
$1.8B
Total liabilities, stockholders’ equity and convertible preferred stock
$2.1B
BETA Technologies Inc balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Cash and cash equivalents
$1.5B
$1.6B
$687.6M
Accounts receivable
$3.6M
$6.4M
$7.7M
Prepaid expenses and other current assets
$20.5M
$25.0M
$17.2M
Total current assets
$1.5B
$1.6B
$712.5M
Property and equipment, net
$402.8M
$371.0M
$331.7M
Operating lease right-of-use assets
$20.7M
$17.8M
$16.6M
Other assets
$6.4M
$3.5M
—
Total assets
$1.9B
$2.0B
$1.1B
Accounts payable
$22.8M
$22.4M
$13.2M
Accrued expenses
$43.6M
$29.0M
—
Payroll liabilities
$16.3M
$8.8M
—
Deferred revenue
$7.0M
$3.9M
$3.6M
Operating lease liabilities
$1.9M
$1.6M
$1.5M
Notes payable
$8.5M
$7.1M
$5.7M
Other current liabilities
$3.7M
$3.0M
—
Total current liabilities
$103.9M
$75.9M
$68.3M
Deferred revenue, non-current
$14.9M
$13.2M
$12.4M
Operating lease liabilities, non-current
$20.9M
$18.2M
$17.0M
Notes payable, non-current
$175.4M
$177.6M
$179.1M
Other liabilities
$3.2M
$3.0M
$2.6M
Total liabilities
$318.3M
$287.8M
$279.4M
Preferred stock, $0.0001 par value Authorized - 50,000,000 shares Issued and outstanding - 0 shares in 2025 and 2024
0
0
2.4B
Common stock
$24.0K
$23.0K
$1.0K
Additional paid-in capital
$3.8B
$3.8B
$0
Accumulated deficit
($2.2B)
($2.0B)
($1.6B)
Accumulated other comprehensive loss
($199.0K)
($87.0K)
($93.0K)
Total stockholders’ equity
$1.6B
$1.7B
$789.9M
Total liabilities and stockholders’ equity
$1.9B
$2.0B
$1.1B
Cash flow statement
BETA Technologies Inc cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Net loss
($745.9M)
Depreciation and amortization
$22.0M
Loss on disposal of property and equipment
$3.4M
Loss on issuance of convertible preferred stock
$379.6M
Stock-based compensation
$34.8M
Warrant expense
$6.1M
Non-cash interest expense
$2.2M
Other
$565.0K
Accounts receivable
($3.6M)
Prepaid expenses and other current assets
($662.0K)
Other assets and liabilities
($10.0K)
Accounts payable, accrued expenses and current liabilities
$30.2M
Operating lease liabilities
($24.0K)
Deferred revenue
$3.5M
Net cash used in operating activities
($267.8M)
Purchases of property and equipment
($45.4M)
Proceeds from sale of property and equipment
$1.4M
Net cash used in investing activities
($44.1M)
Proceeds from convertible preferred stock
$606.3M
Payments of convertible preferred stock
($8.3M)
Proceeds from sale-leaseback transaction
$32.7M
Proceeds from initial public offering, net of underwriters discounts and commissions
$1.1B
Payment of other initial public offering issuance costs
($10.2M)
Proceeds from issuance of promissory note
$0
Payment of debt issuance costs
$0
Repayment of borrowings
($3.8M)
Exercise of stock options
$5.2M
Principal payments on finance lease obligations
($62.0K)
Repurchase of common stock
$0
Net cash provided by financing activities
$1.7B
Effect of currency translation on cash, cash equivalents and restricted cash
$28.0K
Increase (decrease) in cash, cash equivalents and restricted cash
$1.4B
Cash, cash equivalents and restricted cash at beginning of period
$302.0M
Cash, cash equivalents and restricted cash at end of period
$1.7B
Cash paid for interest
$10.9M
Cash paid for taxes
$168.0K
Right-of-use assets recognized for new leases
$1.5M
Right-of-use assets modified for amendments
$6.0K
Property and equipment recorded in accounts payable
$7.5M
Stock issuance costs recorded in accounts payable and accrued liabilities