BETA - BETA Technologies, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$30.20
DETAILS
HIGH:
$34.00
LOW:
$24.00
MEDIAN:
$31.00
CONSENSUS:
$30.20
UPSIDE:
68.25%
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| Revenue | 10.1 | 11.1 | 8.9 | 7.8 | 7.8 | 4.4 |
| Cost of Revenue | 10.5 | 4.2 | 2.7 | 1.5 | 1.5 | 6.4 |
| Gross Profit | (0.3) | 6.9 | 6.2 | 6.3 | 6.3 | (1.9) |
| Operating Expenses | ||||||
| R&D Expenses | 91.7 | 89.4 | 56.4 | 57.9 | 57.9 | 60.8 |
| SG&A Expenses | 40.9 | 52.2 | 30.4 | 27.0 | 27.0 | 18.5 |
| Other Expenses | 0 | 0 | 0 | 0 | 0 | (5.2) |
| Operating Expenses | 132.6 | 141.7 | 86.8 | 85.0 | 85.0 | 74.1 |
| Operating Income | ||||||
| Operating Income | (133.0) | (134.8) | (80.6) | (78.7) | (78.7) | (76.0) |
| Interest Expense | 3.6 | 3.8 | 3.5 | 0 | 0 | 2.9 |
| Interest Income | 14.5 | 12.8 | 2.6 | (0.5) | (0.5) | 2.8 |
| Profitability | ||||||
| EBITDA | (112.3) | (140.3) | (427.7) | (73.9) | (73.9) | (68.1) |
| EBIT | (118.5) | (146.0) | (433.5) | (79.2) | (79.2) | (73.2) |
| Income Before Tax | (122.1) | (149.8) | (437.0) | (79.2) | (79.2) | (76.2) |
| Income Tax Expense | 0.2 | 0.2 | 0.3 | 0.2 | 0.2 | 0.3 |
| Net Income | (122.3) | (150.0) | (437.2) | (79.3) | (79.3) | (76.4) |
| Per Share Data | ||||||
| EPS (Basic) | -0.53 | -1.43 | -1.97 | -0.40 | -0.40 | -0.39 |
| EPS (Diluted) | -0.53 | -1.43 | -1.97 | -0.40 | -0.40 | -0.39 |
| Shares Outstanding | 230.8 | 229.2 | 229.0 | 226.4 | 226.4 | 223.8 |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2024 Q4 |
|---|---|---|---|---|
| Current Assets | ||||
| Cash & Cash Equivalents | 1,589.4 | 1,714.8 | 692.2 | 301.5 |
| Short-Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 6.4 | 5.7 | 7.7 | 12.2 |
| Inventory | 0 | 0 | 2.8 | 3.7 |
| Other Current Assets | 25.0 | 18.9 | 3.4 | 3.6 |
| Total Current Assets | 1,620.8 | 1,739.5 | 712.5 | 327.3 |
| Non-Current Assets | ||||
| Property, Plant & Equipment | 388.8 | 365.0 | 348.3 | 336.0 |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0.5 | 0.4 | 0 |
| Other Non-Current Assets | 3.5 | 1.4 | 8.1 | 3.0 |
| Total Non-Current Assets | 392.3 | 388.2 | 356.8 | 339.0 |
| Total Assets | 2,013.1 | 2,127.7 | 1,069.3 | 666.4 |
| Current Liabilities | ||||
| Account Payables | 22.4 | 24.5 | 13.2 | 16.2 |
| Short-Term Debt | 8.8 | 7.3 | 5.7 | 4.6 |
| Deferred Revenue | 3.9 | 3.7 | 3.6 | 6.4 |
| Other Current Liabilities | 32.0 | 40.9 | 5.5 | 27.2 |
| Total Current Liabilities | 75.9 | 76.4 | 68.3 | 56.6 |
| Non-Current Liabilities | ||||
| Long-Term Debt | 177.6 | 179.8 | 179.1 | 149.2 |
| Deferred Tax Liabilities | 0 | 21.5 | 0 | 0 |
| Other Non-Current Liabilities | 3.0 | 2.8 | 2.6 | 1.6 |
| Total Non-Current Liabilities | 212.0 | 233.5 | 211.1 | 173.9 |
| Total Liabilities | 287.8 | 309.8 | 279.4 | 230.4 |
| Stockholders' Equity | ||||
| Common Stock | 0.0 | 0.0 | 0.0 | 0.0 |
| Retained Earnings | (2,035.8) | (1,913.5) | (1,585.1) | (969.3) |
| Accumulated Other Comprehensive Income | (0.1) | (0.0) | (0.1) | (0.2) |
| Total Stockholders' Equity | 1,725.3 | 1,817.8 | 789.9 | 435.9 |
| Total Liabilities & Equity | 2,013.1 | 2,127.7 | 1,069.3 | 666.4 |
| Debt Metrics | ||||
| Total Debt | 204.5 | 203.9 | 203.3 | 170.5 |
| Net Debt | (1,384.9) | (1,510.9) | (488.9) | (131.0) |
| Metric | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | (122.3) | (150.0) | (437.2) | (80.4) | (78.3) | (76.4) |
| Depreciation & Amortization | 6.2 | 5.7 | 5.8 | 5.4 | 5.1 | 5.2 |
| Stock-Based Compensation | 0 | 0 | 5.2 | 4.3 | 7.3 | 2.9 |
| Change in Working Capital | (9.4) | 10.0 | (4.5) | 12.9 | 6.1 | 10.4 |
| Other Non-Cash Items | 30.2 | 49.8 | 361.9 | 1.6 | 1.5 | 0.6 |
| Operating Cash Flow | (95.4) | (84.4) | (68.8) | (56.3) | (58.3) | (57.4) |
| Investing Activities | ||||||
| Capital Expenditure | (24.2) | (19.8) | (13.0) | (6.0) | (6.7) | (21.8) |
| Acquisitions | 0 | 0.1 | 0 | 0 | 0 | 4.3 |
| Purchases of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | 0 | 0.4 | 0.5 | 0.4 | 0 |
| Investing Cash Flow | (24.2) | (19.7) | (12.6) | (5.5) | (6.2) | (17.5) |
| Financing Activities | ||||||
| Net Debt Issuance | (1.4) | (1.7) | (1.9) | (0.0) | (0.2) | (0.3) |
| Stock Repurchased | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing Activities | (0.0) | 0.0 | 27.4 | 0.4 | (1.6) | (0.1) |
| Financing Cash Flow | (1.2) | 1,126.7 | 596.0 | 2.6 | (0.3) | 324.0 |
| Cash Position | ||||||
| Net Change in Cash | (120.8) | 1,022.6 | 514.6 | (59.1) | (64.8) | 301.5 |
| Cash at Beginning | 1,714.8 | 692.2 | 178.1 | 237.2 | 302.0 | 52.9 |
| Cash at End | 1,594.0 | 1,714.8 | 692.6 | 178.1 | 237.2 | 302.0 |
| Free Cash Flow | (119.5) | (104.2) | (81.8) | (62.3) | (64.9) | (79.2) |
| Key Metrics | 2026 Q1 | 2025 Q4 | 2025 Q3 | 2025 Q2 | 2025 Q1 | 2024 Q4 |
|---|---|---|---|---|---|---|
| Income Statement | ||||||
| Revenue | 10.1 | 11.1 | 8.9 | 7.8 | 7.8 | 4.4 |
| Gross Profit | (0.3) | 6.9 | 6.2 | 6.3 | 6.3 | (1.9) |
| Operating Income | (133.0) | (134.8) | (80.6) | (78.7) | (78.7) | (76.0) |
| Net Income | (122.3) | (150.0) | (437.2) | (79.3) | (79.3) | (76.4) |
| EPS (Diluted) | -0.53 | -1.43 | -1.97 | -0.40 | -0.40 | -0.39 |
| Balance Sheet | ||||||
| Cash & Equivalents | 1,589.4 | 1,714.8 | 692.2 | 301.5 | ||
| Total Assets | 2,013.1 | 2,127.7 | 1,069.3 | 666.4 | ||
| Total Debt | 204.5 | 203.9 | 203.3 | 170.5 | ||
| Stockholders' Equity | 1,725.3 | 1,817.8 | 789.9 | 435.9 | ||
| Cash Flow | ||||||
| Operating Cash Flow | (95.4) | (84.4) | (68.8) | (56.3) | (58.3) | (57.4) |
| Capital Expenditure | (24.2) | (19.8) | (13.0) | (6.0) | (6.7) | (21.8) |
| Free Cash Flow | (119.5) | (104.2) | (81.8) | (62.3) | (64.9) | (79.2) |