Beta says component sales lifted second-quarter revenue

BETA Technologies lifted second-quarter revenue to $14.7 million as sales of aircraft components, charging infrastructure and related services expanded beyond its core electric aircraft programme. The Vermont-based developer also raised its full-year 2026 revenue outlook and continued to build a charging network that it says is already generating income.

Revenue rose from $6.0 million a year earlier, with $3.3 million from product sales and $11.4 million from services. The quarter included revenue from the Electrified Powertrain Flight Demonstration programme with GE Aerospace and charger deliveries to the Florida Department of Transportation.

BETA ended June with 138 charging sites and has been selling motors, propellers, inverters, batteries, high-voltage systems, flight controls, data-acquisition systems, flight-test services and chargers. The component business typically carries margins of 40% to 60%, while flight-control computers can generate even higher returns.

The company remained deeply in the red, posting a net loss of $148.8 million and adjusted EBITDA of minus $109.8 million, after spending $122.4 million on research and development. Full-year revenue guidance increased to $42 million to $50 million from a previous range of $39 million to $43 million.