Beta Technologies, Inc. · NYSE:BETA

Beta Technologies — FY2025 Earnings Presentation

18 slides from Beta Technologies's earnings presentation, Mar 9, 2026

  1. Slide 1: 2025 Earnings Presentation

    2025 Earnings Presentation March 9, 2026

  2. Slide 2: Legal Disclaimer

    Legal Disclaimer Unless otherwise specified, financial information and other data in this presentation is presented as of December 31, 2025. BETA’s historical results are not necessarily indicative of the results that may be expected in the future. Forward-Looking Statements This presentation contai

  3. Slide 3: 2025 Year in Review

    2025 Year in Review First Electric FAA Certifies Demonstration First Production ALIA Strategic Partnership Listed on NYSE, Motor Order from Sustained Regulatory Passenger Flight to Hartzell’s Electric Missions with Air New VTOL off Production and Investment from Raised $1.2B in IPO Embraer EVE worth

  4. Slide 4: Looking ahead to EIPP

    Looking ahead to EIPP Allows for commercial BETA Aircraft named in 11 Communities have More world flight time Extensive charging Included as a charging operations prior to Type proposals with selections chosen BETA aircraft than rest of industry infrastructure already infrastructure provider Certifi

  5. Slide 5: Key Performance Indicators

    Key Performance Indicators KPI Updates – Building to Certification 1 2 ~$3.5B >$4B 125,000 250,000 Current End of Year 2026 Current End of Year 2026 AIRCRAFT BACKLOG NAUTICAL MILES FLOWN 5 FIRM & OPTION ORDERS BY BETA AIRCRAFT Certification 3 4 107 150 THREE PROGRAMS Distinct and Enabling 0.5/Mo 4.5

  6. Slide 6: H500A Engine Certification

    Key Performance Indicators H500A Engine Certification 5 Phase 1 Conceptual Design 100% Phase 2 Requirements 100% Definition Phase 3 Compliance 93% Planning 3Q25 Phase 4 Implementation 18% 3Q25 6

  7. Slide 7: ALIA CTOL (CX300) Certification

    Key Performance Indicators ALIA CTOL (CX300) Certification 5 Phase 1 Conceptual Design 100% Phase 2 Requirements Certification Basis 100% Definition Means of Compliance 97% 3Q25 Phase 3 Compliance 71% Planning 3Q25 Phase 4 Implementation 3% 7

  8. Slide 8: ALIA VTOL (A250) Certification

    Key Performance Indicators ALIA VTOL (A250) Certification 5 Phase 1 Conceptual Design 100% Phase 2 Requirements Certification Basis 100% Definition Means of Compliance 0% Phase 3 Compliance 6% Planning Phase 4 Implementation 0% 88

  9. Slide 9: BETA’s Expanding Defense Opportunities

    BETA’s Expanding Defense Opportunities 9

  10. Slide 10: Design Intent

    Design Intent Hybrid Turbogenerator T700/CT7 10

  11. Slide 11: BETA Motors In-Flight

    BETA Motors In-Flight EVE PROOF-OF-CONCEPT ALIA VTOL 11

  12. Slide 12: 12

    12

  13. Slide 13: 2025 Full Year Financial Results

    Financial Results 2025 Full Year Financial Results Thousands, USD 1 Revenue R&D Spend Adjusted EBITDA $35,616 $259,892 $206,910 $15,092 ($243,286) ($304,140) 2024 2025 2024 2025 2024 2025 Strong sales execution outpaced Supporting aircraft design and Closely managing expenses as expectations certifi

  14. Slide 14: 2025 Full Year Financial Results

    Financial Results 2025 Full Year Financial Results Thousands, USD Cash Balance Capital Expenditures1 $1,710,227 $73,509 $45,447 $301,396 2024 2025 2024 2025 Reflects successful private Supporting further vertical integration, financings and IPO proceeds highlights industrialization progress 1 Repres

  15. Slide 15: 2026 Annual Guidance Summary

    Guidance 2026 Annual Guidance Summary Metric Guidance Revenue $39 – $43 Million Adjusted EBITDA ($305) – ($395) Million 15

  16. Slide 16: N214BT ALIA CTOL In-Flight Over Norwegian Fjord

    N214BT ALIA CTOL IN-FLIGHT OVER NORWEGIAN FJORD 16 16

  17. Slide 17: Simplified Profit & Loss

    Financial Results Simplified Profit & Loss Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 Revenue $ 11,133 $ 4,437 $ 35,616 $ 15,092 Gross margin $ 6,902 $ 3,217 $ 25,715 $ 10,573 Operating expenses $ 141,658 $ 79,242 $ 398,383 $ 282,793 Loss from operations $ (134,756)

  18. Slide 18: Non-GAAP Reconciliation

    Financial Results Non-GAAP Reconciliation Three Months Ended Year Ended December 31, December 31, 2025 2024 2025 2024 Net loss $ (149,959) $ (76,442) $ (745,868) $ (275,645) Increase (decrease) as adjusted for : Interest income (12,799) (2,776) (20,147) (8,516) Interest expense 3,758 2,925 12,972 11

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