BETA Technologies stock price drops 4%, despite revenue exceeding expectations but losses widening

LootboxPhobia · 2026-03-09T19:25:31+00:00

BETA Technologies announced fourth-quarter revenue of $11 million, a 151% year-over-year increase, but the loss exceeded expectations, with an adjusted loss per share of -$2.02. Revenue for fiscal year 2026 is expected to be between $39 million and $43 million, with an adjusted EBITDA of -$305 million to -$395 million. The company completed testing of the H500A electric engine and is preparing to apply for FAA certification. Total cash and cash equivalents amount to $1.7 billion.

LootboxPhobia

2026-03-09 19:25:31

Abstract generation in progress

South Burlington, Vermont - On Monday, BETA Technologies, Inc. (NYSE:BETA) announced fourth-quarter revenue of $11.1 million, a 151% increase year-over-year from $4.4 million. However, the electric aerospace company’s reported losses exceeded expectations. The company reported an adjusted quarterly earnings per share of -$2.02 as of December 31, 2025.

Following the earnings release, the company’s stock fell 2.91% in pre-market trading.

For fiscal year 2026, BETA issued revenue guidance of $39 million to $43 million, with a midpoint of $41 million, which is 21% higher than the analyst consensus of $34 million.

However, the company expects full-year adjusted EBITDA to be between -$305 million and -$395 million. Full-year revenue for 2025 reached $35.6 million, a 136% increase from $15.1 million in 2024.

“2025 is a pivotal year for BETA,” said President and CEO Kyle Clark. “We entered the public market with strong support from world-class investors and strategic partners. We have demonstrated our aerial capabilities to customers, partners, and regulators, with a total flight distance exceeding 100,000 nautical miles.”

The company reported a net loss of $150 million for the fourth quarter, compared to a loss of $76.4 million in the same period last year. The full-year net loss totaled $745.9 million, up from $275.6 million in 2024. The quarter’s adjusted EBITDA was -$103.5 million, compared to -$68.2 million in the same period last year.

BETA completed qualification testing for all H500A electric engine test units, which is expected to receive FAA type certification in the first half of 2026.

The company expanded its charging network to a total of 107 stations, with 57 currently active. As of December 31, 2025, BETA held an order backlog of 891 commercial aircraft, valued at approximately $3.5 billion.

As of December 31, 2025, cash and cash equivalents totaled $1.7 billion, up from $301.4 million a year earlier.

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