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Beta Technologies (BETA) Q4 2025 earnings results (fourth quarter 2025)

10-K filed Mar 9, 2026

Beta Technologies (BETA) reported revenue of $11.1M for the fourth quarter 2025 (Q4 2025), +151% from a year earlier and +25% from the quarter before.

Revenue$11.1M
Year over year+151%
Quarter over quarter+25%
Operating margin—
Net earnings−$150M

Beta Technologies, Q4 2025: revenue $11.1M (+151% year over year), net loss $150M, operating cash flow −$84.4M. The chart follows the revenue to costs, profit and cash.

Q4 2025AmountQ/QY/Y
Revenue$11.1M+25%+151%
Operating profit−$135M——
Net earnings−$150M——
Operating cash flow−$84.4M——

What changed

Revenue was $11.1M in Q4 2025, up 151% year over year and up 25% from the previous quarter. Service was the largest line at 60% of revenue.

Gross margin was 62.0%, down 10.5 points from a year earlier. Operating costs exceeded revenue by $134.8M, an operating margin of -1210.4%. Operating expenses grew 79% against revenue growth of 151%. The fastest-growing cost line was General & admin (+183%). The quarter ended with a net loss of $150.0M, narrower than the previous quarter's $437.2M loss.

Operating cash flow was −$84.4M. Non-cash charges added back $5.7M of depreciation and amortization and $17.9M of share-based compensation. Working capital and other items added $41.9M. Capital expenditures of $19.8M exceeded it, leaving free cash flow of −$104.2M.

Questions

What was Beta Technologies' revenue in the fourth quarter 2025?

Beta Technologies (BETA) reported revenue of $11.1M for the fourth quarter 2025 (Q4 2025), +151% from a year earlier and +25% from the quarter before.

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Source: Beta Technologies 10-K on SEC EDGAR.