BETA · XBRL financial data
BETA Technologies financial statements, every fiscal year
The same tables from 1 filing, 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
CSVFiscal years (BETA's year ends in late December)
| In millions of dollars | Dec 31, 2025 |
|---|---|
| Revenue from contracts with customers | 36 |
| Cost of goods and services sold | 10 |
| Gross profit | 26 |
| Research and development | 260 |
| General and administrative | 138 |
| Total operating expenses | 398 |
| Operating income (loss) | (373) |
| Interest income | 20 |
| Interest expense | 13 |
| Other income (expense) | (372) |
| Income tax expense (benefit) | 1 |
| Net income (loss) | (746) |
| Earnings per share, basic USD per share | (12.85) |
| Earnings per share, diluted USD per share | (12.85) |
| Weighted average shares, basic millions of shares | 75 |
| Weighted average shares, diluted millions of shares | 75 |
Balance sheet
CSVFiscal years (BETA's year ends in late December)
| In millions of dollars | Dec 31, 2025 |
|---|---|
| Cash and cash equivalents | 1,710 |
| Accounts receivable | 6 |
| Prepaid and other current assets | 23 |
| Total current assets | 1,739 |
| Property and equipment, net | 349 |
| Right-of-use asset | 16 |
| Total assets | 2,106 |
| Accounts payable | 25 |
| Accrued liabilities | 35 |
| Current portion of long-term debt | 6 |
| Total current liabilities | 76 |
| Long-term debt | 180 |
| Lease liability, non-current | 17 |
| Total liabilities | 288 |
| Accumulated deficit | (1,913) |
| Total stockholders' equity | 1,818 |
| Total liabilities and equity | 2,106 |
Cash flows
CSVFiscal years (BETA's year ends in late December)
| In millions of dollars | Dec 31, 2025 |
|---|---|
| Net income (loss) | (746) |
| Stock-based compensation | 35 |
| Depreciation and amortization | 22 |
| Net cash from operating activities | (268) |
| Purchases of property and equipment | 45 |
| Net cash from investing activities | (44) |
| Share repurchases | 0 |
| Repayments of long-term debt | 4 |
| Net cash from financing activities | 1,725 |
| Net change in cash | 1,413 |
Compare with peers
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 | (101)* | not reported | 11.0 quarters | 10-QSep 30, 2026 |
| Cpi Aerostructures | 0.8 | 18 | (0)* | 13.2M | 834.2 quarters | 10-QJun 30, 2026 |
| Park Aerospace | 98 | 21 | (1.5)* | 22.0M | — | 10-QAug 30, 2026 |
| Air Industries Group | 4.6 | 12 | 1.5* | 4.9M | — | 10-QJun 30, 2026 |
| Sifco Industries | 0.1 | 26 | not reported | 6.3M | — | 10-QJun 30, 2026 |
| Joby Aviation | 630 | 39 | (173)* | 989.1M | 13.1 quarters | 10-QJun 30, 2026 |
| Coda Octopus Group | 32 | 7.7 | 1.4* | 11.3M | — | 10-QJul 31, 2026 |
| AIRO Group Holdings | 26 | 43 | (31)* | 31.6M | 0.8 quarters | 10-QJun 30, 2026 |
| Mind Technology | 16 | 5.6 | (1.8)* | 9.1M | 9.6 quarters | 10-QJul 31, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.