BETA Technologies Q1 2026 net loss $122.3M, backlog $3.9B, selected in 7 of 8 eVTOL programs

BETA Technologies, Inc.

• Q1 revenue $10.1M vs $9.6M prior year; net loss widened to $122.3M from $78.3M.
• Adjusted EBITDA loss of $97.2M vs $64.7M; operating expenses totaled $138.8M, up from $85.9M.
• Commercial aircraft backlog grew to $3.9B across 991 units; added >$375M in new orders in Q1.
• Selected for 7 of 8 FAA eVTOL Integration Pilot Programs across 26 states; charging network expanded to 123 sites.
• Completed preliminary design review of hybrid turbogenerator with GE Aerospace; surpassed 85K hours of H500A engine testing.

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