BETA Technologies Earnings Call Transcripts
Fiscal Year 2026
-
IPO proceeds accelerated defense and manufacturing programs, expanded workforce, and enabled vertical integration. Regulatory progress and EIPP allow for revenue-generating cargo flights, with manufacturing ramping up to meet strong demand. Motor certification is on track for 2026, CTOL for 2027.
-
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
-
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.
-
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.