BETA Technologies, Inc. (BETA) Financial Statements

Income statement

Metric	TTM	2025	2024	2023
Revenue
Total Revenue	44.8M	35.6M	15.1M	15.4M
Cost of Revenue	24.1M	9.9M	21.0M	10.6M
Gross Profit	20.8M	25.7M	(5.9M)	4.7M
Operating Expenses
R&D Expense	359.9M	259.9M	206.9M	138.3M
SG&A Expense	167.3M	138.5M	59.4M	53.0M
General & Admin Expense	126.4M	138.5M	—	—
Selling & Marketing Expense	—	—	—	—
Other Expenses	—	—	—	—
Total Operating Expenses	527.2M	398.4M	266.3M	191.3M
Cost and Expenses	551.2M	408.3M	287.3M	201.9M
Operating Income (EBIT)	(506.4M)	(372.7M)	(272.2M)	(186.6M)
Non-Operating
Interest Income	43.2M	20.1M	8.5M	12.4M
Interest Expense	14.5M	13.0M	11.4M	352.0K
Net Interest Income	28.7M	7.2M	(2.9M)	12.0M
Other Non-Op Income/Expense	(350.9M)	(372.4M)	(2.9M)	12.0M
Non-Operating Income (excl Interest)	349.7M	359.5M	(8.5M)	(12.4M)
EBT (Pre-Tax Income)	(857.3M)	(745.1M)	(275.1M)	(174.5M)
Income Tax Expense	912.0K	756.0K	514.0K	1.0M
Bottom Line
Net Income	(858.2M)	(745.9M)	(275.6M)	(175.6M)
Earnings from Cont. Ops	(858.2M)	(745.9M)	(275.6M)	(175.6M)
Earnings from Discont. Ops	—	—	—	—
Bottom Line Net Income	(1.1B)	(963.2M)	(306.3M)	(201.9M)
Per Share
Basic EPS	($4.57)	($4.20)	($1.37)	($0.90)
Diluted EPS	($4.57)	($4.20)	($1.37)	($0.90)
Revenue Per Share	$0.19	$0.16	$0.07	$0.07
Shares
Basic Shares Outstanding	232.0M	229.2M	223.8M	223.8M
Diluted Shares Outstanding	232.0M	229.2M	223.8M	223.8M
Profitability Metrics
EBITDA	(832.1M)	(710.1M)	(247.2M)	(165.6M)
D&A	24.0M	22.0M	16.5M	8.6M
EBIT	(856.1M)	(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 Jun 1, 2026