BETA Technologies Reports Record Q3 Revenue as A250 Receives FAA Market Survey Authorisation

BETA Tech­nolo­gies report­ed record quar­ter­ly rev­enue of $17.7 mil­lion for the third quar­ter of 2026, up 98% year on year, as it secured a new FAA autho­ri­sa­tion for its A250 elec­tric ver­ti­cal take-off and land­ing (eVTOL) air­craft and expand­ed its oper­a­tional activ­i­ty across the Unit­ed States.

The com­pa­ny, which is devel­op­ing elec­tric air­craft and charg­ing infra­struc­ture, record­ed a net loss of $119.1 mil­lion for the three months end­ed 30 Sep­tem­ber, com­pared with $437.2 mil­lion in the same peri­od last year. Adjust­ed EBITDA was a loss of $97.4 mil­lion, against $67.6 mil­lion in Q3 2025.

Oper­at­ing expens­es increased to $140.5 mil­lion, includ­ing $90.5 mil­lion in research and devel­op­ment costs, reflect­ing con­tin­ued invest­ment in air­craft devel­op­ment and cer­ti­fi­ca­tion. Cap­i­tal expen­di­ture also rose, reach­ing $28.8 mil­lion com­pared with $13 mil­lion a year ear­li­er.

BETA said the FAA had grant­ed its A250 the first Spe­cial Air­wor­thi­ness Cer­tifi­cate for mar­ket sur­veys issued to an elec­tric VTOL air­craft. The autho­ri­sa­tion per­mits the com­pa­ny to con­duct demon­stra­tion flights with prospec­tive cus­tomers on board ahead of type cer­ti­fi­ca­tion. Its con­ven­tion­al take-off and land­ing CX300 air­craft already holds a sim­i­lar mar­ket sur­vey autho­ri­sa­tion.

The com­pa­ny also report­ed that its air­craft fleet had flown more than 250,000 nau­ti­cal miles, exceed­ing its tar­get for the year. The total includes oper­a­tions by both con­ven­tion­al take-off and land­ing and VTOL air­craft, pro­vid­ing flight data to sup­port devel­op­ment and cer­ti­fi­ca­tion work.

BETA’s charg­ing net­work grew to 168 sites dur­ing the quar­ter. It also report­ed a com­mer­cial air­craft back­log of just over $4 bil­lion, com­pris­ing 1,040 air­craft in firm and option orders sup­port­ed by finan­cial com­mit­ments.

Oper­a­tional activ­i­ty has also expand­ed through the FAA’s eVTOL Inte­gra­tion Pilot Pro­gram (eIPP), with BETA say­ing it had launched six of the pro­gram­me’s sev­en selec­tions. Mis­sions have includ­ed med­ical sup­ply trans­port in North Car­oli­na, emer­gency response equip­ment deliv­er­ies in Texas and the move­ment of time-sen­si­tive can­cer med­i­cines in Utah.

Kyle Clark, Beta’s CEO, appeared on CNBC on the 3rd of Novem­ber to dis­cuss the com­pa­ny future plans and the key mile­stones that were hit this year.

Thomas Sleightholm

Thomas is a con­tent writer for eVTOL Insights, cov­er­ing all aspects of the glob­al Advanced Air Mobil­i­ty ecosys­tem. Got a sto­ry for him? Please send an email to editorial@evtolinsights.com

See Full Bio