BETA Technologies reports record Q3 revenue, FAA market‑survey authorization and raises FY2026 outlook
BETA Technologies posted Q3 2026 revenue of $17.7 million, up 98% year‑over‑year, and a net loss of $119.1 million. The FAA granted a Special Airworthiness Certificate for market‑survey flights on its A250 electric VTOL aircraft, the first such authorization for an eVTOL. The company’s aircraft backlog grew to just over $4 billion and it lifted full‑year revenue guidance to $52‑57 million.
Why it matters
The raised revenue guidance signals management’s confidence in accelerating top‑line growth, which could improve future cash flow prospects (the company said in its release). The FAA authorization removes a regulatory hurdle and may accelerate commercial certification, a key step for revenue generation.
Key facts
- 1Q3 2026 revenue was $17.7 million, a 98% increase from $8.9 million a year earlier stocktitan.net
- 2Q3 2026 net loss was $(119.1) million stocktitan.net
- 3Adjusted EBITDA for the quarter was $(97.4) million stocktitan.net
- 4The FAA issued a Special Airworthiness Certificate for market‑survey flights on the A250 VTOL aircraft stocktitan.net
- 5The commercial aircraft backlog reached $4.0 billion, representing 1,040 firm and option orders stocktitan.net
- 6Full‑year 2026 revenue guidance was raised to $52 million‑$57 million tradingview.com
Summary written by AlphAI AI Desk from 11 of 11 sources. Not investment advice. Figures are as stated by the linked sources.