Beta Technologies Inc. Class A Common Stock (BETA)

FairStock Score: 46/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn good returns on capital and can be bought at a sensible price. BETA is not that today. It designs electric aircraft, propulsion systems, components and charging systems, a capital-hungry industrial venture with 1,008 employees. In fiscal Q2 2026, the quarter ended 2026-06-30, it reported revenue of $14.7 million and net income of -$148.8 million, with diluted EPS of -$0.64. In fiscal year 2025, the year ended 2025-12-31, it reported revenue of $35.6 million and net income of -$745.9 million, or diluted EPS of -$12.85. Losses are far larger than sales. FairStock calculations show return on equity of -89.94%, return on capital employed of -25.62%, trailing free cash flow of -$421.5 million, and an FCF yield of -10.0%. Its FairStock score is 46/100. Revenue did increase from fiscal year 2024's reported $15.1 million to fiscal year 2025's reported $35.6 million, which is encouraging, but profits deteriorated. A moat may eventually come from manufacturing scale and a charging network, but today it is unproven and expensive to build. Debt-to-equity of 0.13 is modest, and FairStock's Altman Z-score of 6.99 suggests low balance-sheet distress risk, but a Piotroski F-score of 2/9 and no Lynch category because it lost money in each of the last three years tell me fundamentals are weak. At the 2026-10-13 close of $18.21, FairStock's P/B is 2.64 and P/E is -1.40. Paying a premium for a loss-making, cash-burning company is speculation, not value investing. I would wait for evidence of durable revenue, scale and positive cash flow before calling it an investment.

In plain English: BETA makes electric aircraft and charging equipment. It is growing sales but still loses much more money than it brings in, and it spends more cash than it takes in. At the 2026-10-13 close of $18.21, the price looks expensive compared with its current sales and losses.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer