BETA Technologies IPO: revenue, losses and offering terms from its S-1
BETA Technologies priced its IPO at $34 a share on 4 Nov 2025 and raised $1.0 billion. Its shares trade on NYSE as BETA. Revenue was $15.1 million in 2024, down 2% from 2023, with a net loss of $276 million.
Headlines
- Revenue, 2024
- $15M
- Down 2% on the year before
- Net loss, 2024
- $276M
- Revenue, First half of 2025
- $16M
- Up 105% on a year earlier
- IPO price
- $34
- $1.0B raised
BETA Technologies IPO terms
From the final prospectus (424B4).
- Exchange
- New York Stock Exchange
- Ticker
- BETA
- IPO price
- $34
- Shares offered
- 29,852,941
- Raised
- $1.0B
- Registered
- $1.2B, the amount the filing fee is paid on
- Underwriters
- Morgan Stanley, Goldman Sachs & Co. LLC and BofA Securities, with 7 more banks
- First filed
- 29 Sep 2025
BETA Technologies revenue and profit
| Period | Revenue | Operating income | Net income |
|---|---|---|---|
| 2023 | $15M | - | -$176M |
| 2024 | $15M | -$272M | -$276M |
| First half of 2024 | $8M | - | - |
| First half of 2025 | $16M | -$157M | -$159M |
BETA Technologies share structure and company facts
- Share classes and votes
- Class A: 1 vote, Class B: 40 votes
- Headquarters
- South Burlington, Vermont
BETA Technologies shares since the IPO
Latest close 26 Oct 2026
- IPO price
- $34
- Priced 4 Nov 2025
- First close
- $36.00
- +6% on the IPO price
- Latest close
- $19.82
- -42% on the IPO price
BETA Technologies' IPO filings
The registration statement, each amendment and the final prospectus, oldest first.
About the data
- Terms and financials are read from BETA Technologies' newest prospectus (424B4 filed 4 Nov 2025) by a Kadoa workflow. Check figures that matter against the filing.
- Registered is the amount the filing fee is paid on, often a placeholder before the price range is set.
- Raised is the IPO price times the shares sold, without the underwriters' option. Trading compares the first and latest close with the IPO price.