BETA Technologies has announced its financial and operating results for the third quarter ended September 30, 2026.
Revenues for the quarter ended September 30, 2026 were USD17.7 million, compared to USD8.9 million for the quarter ended September 30, 2025. Product revenues and service revenues were USD5.2 million and USD12.5 million, respectively. Operating expenses were USD140.5 million, including research and development expenses of USD90.5 million. “Non-cash warrant expense related to the collaborative arrangement with GE Aerospace of USD5.8 million was embedded in research and development expenses in the quarter. Investments in research and development enable BETA’s certification programs and the further advancement of its enabling technologies,” said the company.
Net loss and Adjusted EBITDA for the quarter were (USD119.1) million and (USD97.4) million, respectively. Capital expenditures for the quarter ended September 30, 2026 were USD28.8 million, compared to USD13.0 million for Q3 2025. Cash and cash equivalents totalled USD1,343.1 million as of September 30, 2026, compared to USD687.6 million as of September 30, 2025.
“This was our strongest quarter of revenue since inception, and we’re exceeding the targets we set at the beginning of 2026,” said Kyle Clark, founder and chief executive officer of BETA. “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.”
For more information
https://investors.beta.team/news-events/press-releases/detail/123/beta-technologies-inc-announces-third-quarter-2026-results
(Image: BETA Technologies)