BETA Technologies reported a significant jump in full-year 2025 revenue following its market debut, as the electric aerospace pioneer scales its charging infrastructure and begins high-volume deliveries of its proprietary propulsion systems.
BETA Technologies (NYSE:BETA) announced Monday that full-year 2025 revenues reached $35.6 million, a 135% increase from the $15.1 million recorded in 2024.
The Burlington-based firm, which focuses on electric vertical takeoff and landing (eVTOL) aircraft and charging networks, saw fourth-quarter revenue more than double year-over-year to $11.1 million.
The growth was driven by a mix of product deliveries and high-value service contracts.
Product revenue hit $12.4 million for the year, fueled by the delivery of BETA’s aerospace-grade electric motors.
Service revenue contributed $23.2 million, supported by engineering services for commercial and government partners—including the U.S. Air Force—and expanding access fees from its cross-country electric charging network.
Operating expenses for the year totaled $398.4 million, with $259.9 million dedicated to research and development as the company nears the final stages of FAA certification for its ALIA aircraft.
The heavy investment led to a full-year net loss of $745.9 million and an adjusted EBITDA of ($304.1) million.
However, the company’s liquidity position was dramatically fortified following its IPO and private financing rounds, ending the year with $1.7 billion in cash and equivalents.
For fiscal year 2026, BETA issued a revenue guidance range of $39 million to $43 million.
The company expects adjusted EBITDA for the coming year to be between ($305) million and ($395) million as it continues to scale its manufacturing footprint and finalize aircraft flight testing.