Filing Flows › Beta Technologies (BETA) › Q3 2025
Beta Technologies (BETA) Q3 2025 earnings results (third quarter 2025)
10-Q filed Dec 4, 2025
Beta Technologies (BETA) reported revenue of $8.9M for the third quarter 2025 (Q3 2025), +191% from a year earlier and +49% from the quarter before. Operating margin was -903.5%.
Beta Technologies, Q3 2025: revenue $8.9M (+191% year over year), operating margin -903.5%, net loss $437M, operating cash flow −$68.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.9M | +49% | +191% |
| Operating profit | −$80.6M | — | — |
| Net earnings | −$437M | — | — |
| Operating cash flow | −$68.8M | — | — |
What changed
Revenue was $8.9M in Q3 2025, up 191% year over year and up 49% from the previous quarter. Service revenue was the largest line at 67% of revenue. Service revenue added $3.7M year over year (up 165%), 64% of the total change.
Gross margin was 69.3%, up 8.0 points from a year earlier. Operating costs exceeded revenue by $80.6M, an operating margin of -903.5%. Operating expenses grew 16% against revenue growth of 191%. The fastest-growing cost line was General & admin (+46%). The quarter ended with a net loss of $437.2M, wider than the previous quarter's $80.4M loss. Net interest and other expense of $356.4M was the main reason.
Operating cash flow was −$68.8M. Non-cash charges added back $5.8M of depreciation and amortization and $5.2M of share-based compensation. Working capital and other items added $357.4M. Capital expenditures of $13.0M exceeded it, leaving free cash flow of −$81.8M.
Questions
What was Beta Technologies' revenue in the third quarter 2025?
Beta Technologies (BETA) reported revenue of $8.9M for the third quarter 2025 (Q3 2025), +191% from a year earlier and +49% from the quarter before.
Was Beta Technologies profitable in the third quarter 2025?
Operating loss was $80.6M (-903.5% of revenue) and net loss $437M.
Source: Beta Technologies 10-Q on SEC EDGAR.