BETA Technologies (NYSE:BETA) Posts Quarterly Earnings Results, Misses Estimates By $0.08 EPS

BETA Technologies (NYSE:BETA) posted its quarterly earnings data on Wednesday. The company reported ($0.64) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by ($0.08), FiscalAI reports. The firm had revenue of $14.66 million for the quarter.

Here are the key takeaways from BETA Technologies’ conference call:

• Q2 revenue rose 146% year over year to $14.7 million, exceeding the company’s $8 million–$11 million forecast, driven mainly by GE Aerospace’s EPFD program and Florida charger deliveries. BETA raised full-year revenue guidance to $42 million–$50 million.
• BETA reported meaningful certification progress, resolving a key FAA policy issue for the H500A motor and completing requirements definition for the CX300 aircraft. The company said CX300 work can proceed independently of motor certification and will support the subsequent ALIA-250 program.
• Commercialization advanced with the launch of eIPP operations, including United Therapeutics’ first organ-transport flight, which BETA said pulled commercialization forward by more than a year. Additional eIPP operations in Louisiana and Texas are expected over the next four to six weeks.
• The aircraft backlog reached 1,001 aircraft valued at $3.9 billion, nearly achieving BETA’s $4 billion year-end target, while the company expanded its charging and component businesses. BETA also unveiled the hybrid-electric, autonomous MV250 defense aircraft and cited strong military interest.
• BETA ended the quarter with approximately $1.5 billion in cash and adjusted EBITDA of negative $110 million, with full-year adjusted EBITDA guidance now ranging from negative $400 million to negative $445 million. Near-term spending is expected to remain elevated as the company accelerates certification, vertical integration, and production readiness.

BETA Technologies Trading Down 5.0%

BETA stock traded down $1.24 during mid-day trading on Wednesday, reaching $23.35. 1,501,662 shares of the stock traded hands, compared to its average volume of 1,485,774. The company has a current ratio of 21.36, a quick ratio of 21.37 and a debt-to-equity ratio of 0.10. BETA Technologies has a 52-week low of $13.43 and a 52-week high of $39.50. The company has a market cap of $5.19 billion and a P/E ratio of -1.89. The stock’s fifty day moving average is $18.06 and its 200-day moving average is $17.78.

Key Stories Impacting BETA Technologies

Here are the key news stories impacting BETA Technologies this week:

• Positive Sentiment: BETA issued fiscal 2026 revenue guidance of $42 million to $50 million, above the $41 million analyst consensus. The company also said ongoing investments are translating into real-world operations and tangible progress. BETA Technologies Announces Second Quarter 2026 Results
• Neutral Sentiment: The company reported quarterly revenue of $14.66 million. BETA’s very strong liquidity position, including a current ratio above 21 and low debt relative to equity, provides financial flexibility as it continues aircraft development and commercialization.
• Negative Sentiment: BETA reported a second-quarter loss of $0.64 per share, wider than the analyst estimate of a $0.56 loss. The earnings miss prompted reports that the shares fell after the results, reinforcing concerns about high costs and the company’s path to profitability. BETA Technologies shares fall after wider-than-expected second-quarter loss
• Negative Sentiment: Founder and CEO Kyle Clark disclosed several recent stock sales, including 17,005 shares sold for approximately $416,000 and 15,891 shares sold for about $385,000. The transactions represent only a small reduction in his holdings, but repeated insider selling can weigh on investor sentiment. BETA Technologies insider selling

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. BTIG Research decreased their price target on BETA Technologies from $40.00 to $33.00 and set a “buy” rating for the company in a research note on Wednesday, May 20th. The Goldman Sachs Group reduced their price objective on shares of BETA Technologies from $38.00 to $34.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Needham & Company LLC reaffirmed a “buy” rating and issued a $34.00 price objective on shares of BETA Technologies in a research note on Wednesday, May 13th. Citigroup dropped their target price on shares of BETA Technologies from $33.00 to $25.00 and set a “buy” rating on the stock in a report on Monday, May 18th. Finally, Weiss Ratings upgraded shares of BETA Technologies from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday, August 4th. Nine equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $31.11.

Insider Activity

In related news, insider Kyle Clark sold 17,005 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $24.46, for a total value of $415,942.30. Following the completion of the sale, the insider owned 5,441,941 shares in the company, valued at approximately $133,109,876.86. This represents a 0.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 152,896 shares of company stock worth $2,852,990 in the last quarter. 24.47% of the stock is owned by insiders.

Institutional Trading of BETA Technologies

A number of hedge funds have recently modified their holdings of BETA. General Electric Co purchased a new stake in BETA Technologies in the 4th quarter worth about $644,962,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of BETA Technologies in the fourth quarter worth approximately $6,349,000. Vanguard Group Inc. acquired a new stake in shares of BETA Technologies during the fourth quarter worth approximately $77,089,000. Masters Capital Management LLC purchased a new position in BETA Technologies during the first quarter valued at approximately $10,290,000. Finally, Pictet Asset Management Holding SA acquired a new position in BETA Technologies in the 4th quarter valued at approximately $10,896,000.

About BETA Technologies

BETA Technologies is an American aerospace company that develops electric vertical takeoff and landing (eVTOL) aircraft and supporting infrastructure. The company focuses on designing aircraft and propulsion systems intended for short-range cargo, logistics and regional passenger movement, emphasizing electric propulsion, battery systems and integrated charging solutions to support distributed operations.

Its product and service set includes aircraft design and development, electric motor and battery integration, charging hardware and software, and flight testing aimed at meeting certification requirements.