Revenue
14.7 million USD
2026 Q2 · USD
Exact inputs and evidence
- Revenue: 14658000 USD Source
Fundies. English
BETA Technologies, Inc.
EDGARAnnual consolidated revenue for 2025: about USD 35.62M, using the latest reported figures. The previous period, 2024, was about USD 15.09M.
Latest quarter
Operating margin
-1,078.71%
2026 Q2 · %
Operating cash flow
-74.9 million USD
2026 Q2 · USD
Free cash flow
-116 million USD
2026 Q2 · USD
- Cash and cash equivalents
- 1.48 billion USD Source
Exact value
1479470000 USD
- Long-term debt including current maturities
- 186 million USD Source
Exact value
185510000 USD
- Shares outstanding
- 37.6 million shares Source
Exact value
37578571 shares
Trailing twelve months
The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.
Revenue
44.8 million USD
2025-07-01 – 2026-06-30
Net income
-858 million USD
2025-07-01 – 2026-06-30
Exact inputs and evidence
Includes later revisions to earlier periods. Annual charts exclude incomplete years.
Latest filing recorded: 2026-08-12.
Financial data available through: 2025-12-31.
Coverage by financial measure
- Revenue: 3 of 11 periods available· newest 2025-12-31
- Operating income: 3 of 11 periods available· newest 2025-12-31
- Net income: 3 of 11 periods available· newest 2025-12-31
- Operating cash flow: 3 of 11 periods available· newest 2025-12-31
- Capital expenditure: 3 of 11 periods available· newest 2025-12-31
- Total assets: 2 of 11 periods available· newest 2025-12-31
- Total liabilities: 2 of 11 periods available· newest 2025-12-31
- Current assets: 2 of 11 periods available· newest 2025-12-31
- Current liabilities: 2 of 11 periods available· newest 2025-12-31
- Cash and cash equivalents: 3 of 11 periods available· newest 2025-12-31
- Long-term debt including current maturities: 1 of 11 periods available· newest 2025-12-31
- Shares outstanding: 1 of 11 periods available· newest 2024-12-31
Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.
What changed year over year
Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.
Revenue
+136%Prior period
USD 15.09 million
–
Current period
USD 35.62 million
–
Exact inputs and evidence
35616000 − 15092000 = 20524000 USD
15092000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source35616000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Net income
−USD 470.22 millionPrior period
−USD 275.65 million
–
Current period
−USD 745.87 million
–
Exact inputs and evidence
-745868000 − -275645000 = -470223000 USD
-275645000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-745868000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
−USD 45.14 millionPrior period
−USD 222.66 million
–
Current period
−USD 267.8 million
–
Exact inputs and evidence
-267798000 − -222661000 = -45137000 USD
-222661000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source-267798000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
-38.2%Prior period
USD 73.51 million
–
Current period
USD 45.45 million
–
Exact inputs and evidence
45447000 − 73509000 = -28062000 USD
73509000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source45447000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current sourceShare or cite
The citation records this snapshot. The page link may show a newer release later.
Where revenue goes
How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.
2025 2025-01-01 – 2025-12-31
- Revenue USD 35.62 million 100% of revenue
- Cost of revenue USD 9.9 million 28% of revenue
- Operating expenses USD 398.38 million 1,119% of revenue
- Operating income −USD 372.67 million −1,046% of revenue
- Tax, interest and other Derived USD 373.2 million 1,048% of revenue
- Net income −USD 745.87 million −2,094% of revenue
Cash
- Operating cash flow −USD 267.8 million −752% of revenue
- Capital expenditure USD 45.45 million 128% of revenue
- Free cash flow Derived −USD 313.25 million −880% of revenue
Share of revenue by period
- Net income
- Tax, interest and other
- Operating costs
- 2023 Operating loss: operating costs were 1,315% of revenue.
- 2024 Operating loss: operating costs were 1,904% of revenue.
- 2025 Operating loss: operating costs were 1,146% of revenue.
Values and sources
| Period | Revenue | Operating costs | Operating income | Tax, interest and other | Net income | Free cash flow | Source |
|---|---|---|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | 15357000 | 201927000 Derived | -186570000 | -11007000 Derived | -175563000 | -311255000 Derived | Source
|
| 2024 2024-01-01 – 2024-12-31 | 15092000 | 287312000 Derived | -272220000 | 3425000 Derived | -275645000 | -296170000 Derived | Source
|
| 2025 2025-01-01 – 2025-12-31 | 35616000 | 408284000 Derived | -372668000 | 373200000 Derived | -745868000 | -313245000 Derived | Source
|
Amounts are exact, in USD.
Growth
Sales over time and how quickly they are changing.
Revenue
Revenue reported for each complete financial period.
USD 35.6M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Revenue | 15357000 |
|
| 2024 | Revenue | 15092000 |
|
| 2025 | Revenue | 35616000 |
|
Revenue growth
Change in revenue from the same financial period one year earlier.
136% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Year over year | No prior comparable period |
|
| 2024 | Year over year | -1.7% |
|
| 2025 | Year over year | 136% |
|
Profit and cash
How much revenue becomes profit, and how much cash operations generate.
Profit margins
Operating income, net income and free cash flow as a share of revenue.
Operating margin -1,046.3% 2025
Net margin -2,094.2% 2025
Free cash flow margin -879.5% 2025
- Operating margin
- Net margin
- Free cash flow margin
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023 | Operating margin | -1,214.9% |
|
| 2024 | Operating margin | -1,803.7% |
|
| 2025 | Operating margin | -1,046.3% |
|
| 2023 | Net margin | -1,143.2% |
|
| 2024 | Net margin | -1,826.4% |
|
| 2025 | Net margin | -2,094.2% |
|
| 2023 | Free cash flow margin | -2,026.8% |
|
| 2024 | Free cash flow margin | -1,962.4% |
|
| 2025 | Free cash flow margin | -879.5% |
|
Operating cash flow
Cash generated by the company’s normal business operations.
USD -267.8M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Operating cash flow | -158015000 |
|
| 2024 | Operating cash flow | -222661000 |
|
| 2025 | Operating cash flow | -267798000 |
|
Free cash flow
Operating cash flow minus capital expenditure for the same period and unit.
USD -313.2M 2025
Values and sources
| Period | Series | Value(USD) | Source evidence |
|---|---|---|---|
| 2023 | Free cash flow | -311255000 |
|
| 2024 | Free cash flow | -296170000 |
|
| 2025 | Free cash flow | -313245000 |
|
Balance sheet
Liabilities and short-term ability to meet obligations at each period end.
Liabilities to assets
Total liabilities as a share of total assets.
13.7% 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023-12-31 | Liabilities / assets | Not reported | No source recorded |
| 2024 | Liabilities / assets | 34.6% |
|
| 2025 | Liabilities / assets | 13.7% |
|
Current assets to current liabilities
Current assets divided by current liabilities.
22.77× 2025
Values and sources
| Period | Series | Value | Source evidence |
|---|---|---|---|
| 2023-12-31 | Current assets / current liabilities | Not reported | No source recorded |
| 2024 | Current assets / current liabilities | 5.79× |
|
| 2025 | Current assets / current liabilities | 22.77× |
|
Cash generation
Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.
| Period | Net income | Operating cash flow | Capital expenditure | Free cash flow |
|---|---|---|---|---|
| 2023 2023-01-01 – 2023-12-31 | −USD 175.56 million Exact valueExact value: -175563000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 158.02 million Exact valueExact value: -158015000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 153.24 million Exact valueExact value: 153240000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 311.26 million Calculation and evidence-158015000 − 153240000 USD Exact free cash flow: -311255000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2024 2024-01-01 – 2024-12-31 | −USD 275.65 million Exact valueExact value: -275645000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 222.66 million Exact valueExact value: -222661000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 73.51 million Exact valueExact value: 73509000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 296.17 million Calculation and evidence-222661000 − 73509000 USD Exact free cash flow: -296170000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
| 2025 2025-01-01 – 2025-12-31 | −USD 745.87 million Exact valueExact value: -745868000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 267.8 million Exact valueExact value: -267798000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | USD 45.45 million Exact valueExact value: 45447000 USD Share or citeThe citation records this snapshot. The page link may show a newer release later. | −USD 313.25 million Calculation and evidence-267798000 − 45447000 USD Exact free cash flow: -313245000 USD
Share or citeThe citation records this snapshot. The page link may show a newer release later. |
Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.
Dataset coverage and company identifiers
Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.
6 filings · 628 latest values · 628 originally reported values
Dataset published . Source filing dates and reporting periods are shown separately.
Identifiers: 0001784570, 1784570, BETA, edgar:1784570
Also known as BETA Technologies, Inc., Beta Technologies Inc.