Earnings ·
BETA Technologies, Inc. reported financial results for the quarter ended June 30, 2026, announcing Q2 revenues of…
BETABETA Technologies, Inc.
BETA Technologies, Inc. reported financial results for the quarter ended June 30, 2026, announcing Q2 revenues of $14.7 million compared to $6.0 million in the prior year period. The company recorded a net loss of $148.8 million and an Adjusted EBITDA loss of $109.8 million. Operating expenses totaled $166.1 million, driven by $122.4 million in research and development spending. Capital expenditures increased to $41.1 million from $6.0 million year-over-year, while cash and cash equivalents rose to $1,479.5 million. The company raised its full-year 2026 revenue guidance to a range of $42 million to $50 million and updated the Adjusted EBITDA loss outlook to between ($400) million and ($445) million. BETA Technologies is an aerospace and defense company designing, manufacturing, and selling high-performance electric aircraft and advanced propulsion systems.