BETA Technologies, Inc. (BETA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	35.9M	35.6M	15.1M	15.4M
Cost of Revenue	21.3M	9.9M	21.0M	10.6M
Gross Profit	14.6M	25.7M	(5.9M)	4.7M
Operating Expenses
R&D Expense	394.0M	259.9M	206.9M	138.3M
SG&A Expense	186.9M	138.5M	59.4M	53.0M
General & Admin Expense	146.0M	138.5M	—	—
Selling & Marketing Expense	—	—	—	—
Other Expenses	—	—	—	—
Total Operating Expenses	581.0M	398.4M	266.3M	191.3M
Cost and Expenses	461.8M	408.3M	287.3M	201.9M
Operating Income (EBIT)	(553.6M)	(372.7M)	(272.2M)	(186.6M)
Non-Operating
Interest Income	28.1M	20.1M	8.5M	12.4M
Interest Expense	14.7M	13.0M	11.4M	352.0K
Net Interest Income	29.5M	7.2M	(2.9M)	12.0M
Other Non-Op Income/Expense	14.3M	(372.4M)	(2.9M)	12.0M
Non-Operating Income (excl Interest)	(3.2M)	359.5M	(8.5M)	(12.4M)
EBT (Pre-Tax Income)	(539.3M)	(745.1M)	(275.1M)	(174.5M)
Income Tax Expense	811.0K	756.0K	514.0K	1.0M
Bottom Line
Net Income	(540.1M)	(745.9M)	(275.6M)	(175.6M)
Earnings from Cont. Ops	(540.1M)	(745.9M)	(275.6M)	(175.6M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(718.4M)	(963.2M)	(306.3M)	(201.9M)
Per Share
Basic EPS	($3.11)	($4.20)	($1.37)	($0.90)
Diluted EPS	($3.11)	($4.20)	($1.37)	($0.90)
Revenue Per Share	—	$0.16	$0.07	$0.07
Shares
Basic Shares Outstanding	—	229.2M	223.8M	223.8M
Diluted Shares Outstanding	—	229.2M	223.8M	223.8M
Profitability Metrics
EBITDA	(532.2M)	(710.1M)	(247.2M)	(165.6M)
D&A	18.2M	22.0M	16.5M	8.6M
EBIT	(422.6M)	(732.1M)	(263.7M)	(174.2M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026