BETA Technologies BETA

Aerospace & Defense, Industrials

$19.80

+6.45%

Market cap: $4.6B
PE: n/m; a loss over the last year
Forward PE: n/m; not a meaningful number
Price to sales: 103×
EV/EBIT: n/m; a loss over the last year
Revenue, 12 months: $44.8M; +94% on a year ago
Net margin: n/m; outside −100% to 100%
Free cash flow yield: −9.1%

BETA Technologies trades at 103× sales. Its trailing earnings are negative, so it has no PE. Revenue was $44.8M over the last twelve months, up 94% on a year earlier.

Charts

Financials

Income statement for BETA, by quarter
Income statement	Q3 FY24	Q4 FY24	Q1 FY25	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26
	$3.1M	$4.4M	$9.6M	$6M	$8.9M+191%	$11.1M+151%	$10.1M+6%	$14.7M+146%
Cost of revenue	$1.2M	$1.2M	$1.7M	$1.2M	$2.7M+131%	$4.2M+247%	$4.3M+148%	$6.6M+458%
Gross profit	$1.9M	$3.2M	$7.9M	$4.8M	$6.2M+229%	$6.9M+115%	$5.8M−26%	$8M+68%
R&D	$54M	$60.8M	$57.9M	$58M	$56.4M+4%	$89.4M+47%	$91.7M+59%	$122.4M+111%
SG&A	$20.8M	$18.5M	$28M	$26.1M	$30.4M+46%	$52.3M+183%	$47M+68%	$43.8M+68%
	−$73M	−$76M	−$78M	−$79.3M	−$80.6M+10%	−$134.8M+77%	−$133M+70%	−$158.1M+99%
Interest expense	$2.9M	$2.9M	$2.9M	$2.9M	$3.5M+19%	$3.8M+29%	$3.6M+27%	$3.7M+27%
Pre-tax income	−$74.9M	−$76.2M	−$78.2M	−$80.2M	−$437M+484%	−$149.8M+97%	−$122.1M+56%	−$148.5M+85%
	$191K	$268K	$98K	$229K	$253K+33%	$176K−34%	$216K+120%	$267K+17%
Net income	−$75.1M	−$76.4M	−$78.3M	−$80.4M	−$437.2M+483%	−$150M+96%	−$122.3M+56%	−$148.8M+85%
	−$1.81	−$1.92	−$1.98	−$2.02	−$9.83+443%	−$2.03+6%	−$0.53−73%	−$0.64−68%
	45.3M	45.4M	45.6M	45.8M	45.9M+2%	161.5M+256%	229.6M+403%	232M+406%

EPS, diluted: Q4 FY24 and Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: Q4 FY24 and Q4 FY25: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Peers

Companies in Aerospace & Defense nearest BETA Technologies' size, closest first.

Company	Market cap	PE	Its 10y median PE	P/S	Revenue growth	Net margin
BETABETA Technologies	$4.6B	n/m	n/a	103×	+94%	n/m
KRMNKarman	$4.9B	126×	206×	8.2×	+50%	6.3%
AIRAAR	$3.8B	19.5×	31.9×	1.1×	+22%	5.5%
LOARLoar	$5.8B	85.5×	104×	9.8×	+30%	11.6%
THOThor Industries	$3.6B	20.7×	19.0×	0.4×	+0%	1.8%
HOGHarley-Davidson	$3B	17.8×	11.9×	0.7×	−5%	4.8%
SAROStandardAero	$7.2B	22.5×	33.3×	1.1×	+13%	5.1%
KTOSKratos Defense & Security Solutions	$7.3B	228×	177×	4.8×	+26%	2.0%
ATROAstronics	$2.5B	30.2×	19.8×	2.6×	+14%	8.4%
DRSLeonardo DRS	$9.2B	29.0×	38.8×	2.4×	+10%	8.5%
HIIHuntington Ingalls Industries	$10.8B	16.3×	15.9×	0.8×	+14%	5.0%
Peer median	$5.3B	25.7×	32.6×	1.8×	+14%	5.3%