BETA Technologies Reports Q3 2026 Revenue Growth of 98% and Raises Full-Year Guidance
BETA Technologies reported strong third-quarter 2026 financial results, with revenue reaching $17.7 million, a 98% increase year-over-year. This growth was primarily driven by increased component deliveries and infrastructure revenue from integration pilot programs. Despite reporting an adjusted EBITDA loss of $97.4 million, the company outperformed its own guidance range of -$115 million to -$125 million. The company demonstrated significant operational momentum, achieving a commercial aircraft backlog of $4 billion and surpassing year-end targets for charging infrastructure sites. Management also raised full-year revenue guidance to a range of $52 million to $57 million following strong year-to-date performance. Additionally, BETA Technologies secured the first FAA market survey authorization for an electric vertical takeoff and landing (eVTOL) aircraft.
Tickers: $JOBY
Topics: Backlog Expansion EBITDA Outperformance Guidance Raise Revenue Growth