Beta Technologies (BETA) Q3 2026: Revenue Nearly Doubled, Guidance Raised
As seen on the 24/7 Wall St. homepage on November 3, 2026.
The pre-certification business is already compounding: revenue nearly doubled from a year ago, beating expectations. Management raised full-year revenue guidance to $52 million to $57 million.
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Beta Technologies posted third-quarter 2026 revenue of $17.67 million, a 98% increase from a year earlier that beat expectations. CEO Kyle Clark called it the company's strongest revenue quarter since inception.
The loss per share of $0.51 also beat expectations, and that GAAP figure includes non-cash warrant expense tied to the GE Aerospace collaboration, stock-based compensation and asset disposal costs.
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Management raised full-year 2026 revenue guidance to $52 million to $57 million, signaling the momentum holds into the final quarter. The commercial aircraft backlog surpassed $4 billion across 1,040 firm and option orders.
The A250 eVTOL received the first FAA Special Airworthiness Certificate for market surveys issued to an eVTOL, letting the company fly prospective customers ahead of type certification. Capital expenditures rose to $28.8 million from $13 million a year ago to scale production toward that milestone.
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Mentioned: BETA