Key Highlights

  • The stock rose USD 3.05, or 14.97%, to USD 23.43 in regular trading on November 3, 2026.
  • Third quarter 2026 Revenue rose 98% to USD 17.7 million from USD 8.9 million a year earlier.
  • Full year 2026 revenue guidance was raised to USD 52 million to USD 57 million.
  • Cash and cash equivalents were USD 1,343.1 million at September 30, 2026.
  • Commercial aircraft Backlog was just over USD 4.0 billion, covering 1,040 aircraft in firm and option orders.

What Moved Beta Technologies Shares Today (up USD 3.05, 14.97%)

Beta Technologies (NYSE:BETA) rose 14.97% to USD 23.43 in regular trading on November 3, 2026, up USD 3.05 from the November 2 close of about USD 20.38 (calculated). The screen showed a Market Capitalisation of about USD 5.48 billion.

The catalyst was the company's third quarter 2026 Earnings release, issued on the morning of November 3, 2026 ahead of an earnings call. The company described it as its strongest quarter since inception.

What Did the Third Quarter Show?

According to a company press release dated November 3, 2026, revenue was USD 17.7 million, against USD 8.9 million in the third quarter of 2025. Product revenue was USD 5.2 million and service revenue was USD 12.5 million.

Costs grew faster than sales. Research and Development expense was USD 90.5 million and general and administrative expense was USD 50.0 million, so operating expenses reached USD 140.5 million and the loss from operations was USD 127.8 million. Net loss was USD 119.1 million, or USD 0.51 per share, and adjusted EBITDA was a loss of USD 97.4 million.

For the first nine months of 2026, revenue was USD 42.5 million and net loss was USD 390.2 million. The prior year quarter net loss of USD 437.2 million included a USD 355.6 million charge on convertible preferred stock, which distorts the comparison.

What Is Beta and What Else Did It Report?

Beta designs and manufactures electric aircraft, electric propulsion systems, components and charging infrastructure for cargo, defense, passenger and medical customers.

The company said its A250 became the first electric vertical takeoff aircraft to receive an FAA Special Airworthiness Certificate for market surveys, which allows demonstration flights with prospective customers aboard before type certification. The fleet passed 250,000 nautical miles flown, and the charging network expanded to 168 sites in the United States.

It also said it had launched six of the seven selections in the FAA eVTOL Integration Pilot Program. Commercial aircraft backlog of just over USD 4.0 billion surpassed its year-end target.

What Do the Balance Sheet and Guidance Show?

Cash and cash equivalents were USD 1,343.1 million at September 30, 2026, down from USD 1,710.2 million at December 31, 2025, a decline of about USD 367 million (calculated). Stockholders' Equity was USD 1,517.7 million and notes payable were about USD 184 million, according to the quarterly filing.

Over nine months, Operating Activities used USD 271.4 million. The company raised its 2026 revenue guidance to USD 52 million to USD 57 million and kept its adjusted EBITDA outlook at a loss of USD 400 million to USD 445 million.

Risks include continued heavy losses and certification timing.

What Should Readers Watch Next?

The Earnings Call and its replay may add detail on certification timing, production plans and the pace of cash use. Other markers include backlog conversion into deliveries and whether fourth quarter revenue lands inside the raised full year range.

Implied fourth quarter revenue under the new guidance is about USD 9.5 million to USD 14.5 million (calculated), which is below the third quarter figure, so investors may look for the company to explain timing.