BETA Technologies Earnings Call Transcripts
Fiscal Year 2026
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Backlog grew to $3.9B with 991 aircraft, driven by new orders and eIPP selection in 26 states. Q1 revenue rose 6% to $10.1M, with strong liquidity and updated EBITDA guidance reflecting eIPP investments. Certification progress continues, though some regulatory delays remain.
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IPO proceeds accelerated key programs and enabled rapid team growth, while regulatory progress and the EIPP program position the company for revenue-generating cargo flights this summer. Manufacturing and charging infrastructure ramp-up support a phased, pragmatic approach to certification and scaling.
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The company leads in eVTOL and CTOL aircraft, with world records, strong certification progress, and a robust backlog driven by cargo, medical, and defense customers. Strategic partnerships, a growing charging network, and a pragmatic, stepwise approach position it for expansion into larger passenger aircraft and military applications.
Fiscal Year 2025
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Achieved record revenue growth in 2025, major certification and defense milestones, and expanded backlog to over $4 billion. 2026 guidance projects continued revenue growth, disciplined capital allocation, and accelerated production, with strong liquidity supporting strategic investments.
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Q3 revenue rose to $8.9M, with year-to-date revenue at $24.5M and a strong $3.5B aircraft backlog. Major new contracts, a successful IPO, and expanding international and defense opportunities position the company for long-term growth and profitability.