BETA Technologies, Inc. (BETA) Stock

BETA Technologies, Inc. (BETA) is a Industrials stock trading at $25.51 (as of 2026-08-20), with a market capitalization of $5.92B. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

BETA Technologies, Inc. develops and manufactures electric aircraft platforms and electric propulsion systems for the aviation industry in the United States. It provides aircraft models and propulsion, motor, battery, and charging systems, along with related ground support and flight control components, serving military and commercial customers and other electric aviation operators and manufacturers.

Understand BETA Technologies, Inc.: how it makes money

BETA Technologies designs, develops, and manufactures electric aircraft platforms and electric propulsion and charging systems for the aviation industry, it earns revenue from product revenue and service revenue related to aircraft and related systems.

The companys profit trajectory depends on converting long-cycle certification and build progress (such as FAA-accepted flight test plans and propulsion systems completed) into product and service revenue, while the charging network and related milestones reflect additional, separate monetization steps.

Revenue by segment (latest quarter)
Services$0.0B
Products$0.0B

Business quality (Weak): Early stage signals of technical progress, but current results show very small revenue and a deeply negative operating margin.

Bull case

  • Gross margin remains positive at 57.6% in the latest quarter: This suggests that when the company does generate revenue, the gross profit outcome can be constructive.
  • Technical progress indicators are moving, propulsion systems completed (build plus FAA conformity) is 11: This aligns with the companys electric aircraft and propulsion development roadmap.
  • Charging network footprint is expanding, nationwide charging network sites is 123: This supports the idea that charging is a parallel track alongside aircraft and propulsion work.

Bear case

  • Operating margin is extremely negative at -1312.1%: The company is not converting its current activity into operating profit in this quarter.
  • Revenue is reported as 0.0B, with product revenue at 0.0 and service revenue at 0.01: This indicates limited monetization in the latest quarter and concentration in service revenue.
  • Certification and testing are milestone-driven, with multiple metrics still in the planning and testing phases: If these milestones take longer than expected, revenue conversion timing could remain constrained.
Valuation — source: SEC EDGAR (first-party)
Price$25.51
Market Cap$5.92B
Price / Book3.66
Price / Sales149.16
FCF Yield-10.6%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$35.62M
Net Margin-2094.2%
Revenue Growth (YoY)145.7%
EPS Growth (YoY)-68.3%
FCF Growth (YoY)278.0%
Financial Health — source: SEC EDGAR
Altman Z-Score3.09 (safe)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Aircraft)40.2
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderFMR LLC ($487.85M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryAircraft
CEOKyle Clark
Employees828
CountryUS
IPO Date2025-11-04

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BETA earnings history · BETA institutional & insider holders · BETA KPIs & operating metrics · BETA financials · BETA investor presentations & press releases · BETA SEC filings · BETA peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.