BETA · XBRL financial data

BETA Technologies financial statements, every quarter

The same tables from 5 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal quarters (BETA's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Revenue from contracts with customers	9	11*	10	15	18
Cost of goods and services sold	3	4*	4	7	5
Gross profit	6	7*	6	8	13
Research and development	56	89*	92	122	91
General and administrative	30	52*	47	44	50
Total operating expenses	87	142*	139	166	141
Operating income (loss)	(81)	(135)*	(133)	(158)	(128)
Interest income	3	13*	14	13	13
Interest expense	3	4*	4	4	4
Other income (expense)	(356)	(15)*	11	10	9
Income tax expense (benefit)	0	0*	0	0	0
Net income (loss)	(437)	(150)*	(122)	(149)	(119)
Earnings per share, basic USD per share	(9.83)	—	(0.53)	(0.64)	(0.51)
Earnings per share, diluted USD per share	(9.83)	—	(0.53)	(0.64)	(0.51)
Weighted average shares, basic millions of shares	46	—	230	232	234
Weighted average shares, diluted millions of shares	46	—	230	232	234

Fiscal quarters (BETA's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Cash and cash equivalents	688	1,710	1,589	1,479	1,343
Accounts receivable	8	6	6	4	7
Prepaid and other current assets	17	23	25	21	17
Total current assets	713	1,739	1,621	1,504	1,367
Property and equipment, net	332	349	371	403	425
Right-of-use asset	17	16	18	21	29
Total assets	1,069	2,106	2,013	1,933	1,858
Accounts payable	13	25	22	23	34
Accrued liabilities	33	35	29	44	46
Current portion of long-term debt	6	6	7	9	10
Total current liabilities	68	76	76	104	119
Long-term debt	179	180	178	175	174
Lease liability, non-current	17	17	18	21	29
Total liabilities	279	288	288	318	340
Accumulated deficit	(1,585)	(1,913)	(2,036)	(2,185)	(2,304)
Total stockholders' equity	790	1,818	1,725	1,615	1,518
Total liabilities and equity	1,069	2,106	2,013	1,933	1,858
Common shares outstanding (cover page) millions of shares	38	—	—	—	—

Fiscal quarters (BETA's year ends in late December)

In millions of dollars	Q3 FY25Sep 30, 2025	Q4 FY25Dec 31, 2025	Q1 FY26Mar 31, 2026	Q2 FY26Jun 30, 2026	Q3 FY26Sep 30, 2026
Net income (loss)	(437)	(150)*	(122)	(149)	(119)
Stock-based compensation	5*	18*	23	15*	11*
Depreciation and amortization	6	6*	6	6*	7*
Net cash from operating activities	(69)*	(84)*	(95)	(75)*	(101)*
Purchases of property and equipment	13*	20*	24	41*	29*
Net cash from investing activities	(13)*	(20)*	(24)	(41)*	(38)*
Share repurchases	—	0*	—	—	—
Repayments of long-term debt	2*	2*	1	1*	1*
Net cash from financing activities	596*	1,127*	(1)	6*	3*
Net change in cash	515*	1,023*	(121)	(110)*	(136)*

SIC 3721 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3721 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
BETA Technologies	1,343	18	not reported	not reported	—	Q3 FY26 10-QSep 30, 2026
Cpi Aerostructures	0.8	18	(0)*	13.2M	834.2 quarters	Q2 FY26 10-QJun 30, 2026
Park Aerospace	98	21	(1.5)*	22.0M	—	Q2 FY26 10-QAug 30, 2026
Air Industries Group	4.6	12	1.5*	4.9M	—	Q2 FY26 10-QJun 30, 2026
Sifco Industries	0.1	26	not reported	6.3M	—	Q3 FY26 10-QJun 30, 2026
Joby Aviation	630	39	(173)*	989.1M	13.1 quarters	Q2 FY26 10-QJun 30, 2026
Coda Octopus Group	32	7.7	1.4*	11.3M	—	Q3 FY26 10-QJul 31, 2026
AIRO Group Holdings	26	43	(31)*	31.6M	0.8 quarters	Q2 FY26 10-QJun 30, 2026
Voyager Technologies	373	53	(44)*	not reported	8.4 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.