# BETA Technologies Shares Rise 1.65% Before Third-Quarter Results By John Kim Canonical URL: https://www.tokenpost.com/news/business/47653 Published: 2026-11-03T12:32:14.000Z Updated: 2026-11-03T12:32:14.000Z Section: Business > Revenue climbed 98%, and BETA raised its 2026 revenue outlook while reporting a $119.119 million net loss. BETA Technologies (NYSE: BETA) shares closed at $20.38 Monday, up 1.65% from $20.05, with the market close coming 13 hours before the company released third-quarter results. Shares closed at 4 p.m. ET (9 p.m. UTC) Nov. 2. BETA released its results at 5 a.m. ET (10 a.m. UTC) Nov. 3, before regular U.S. trading began, so Monday’s gain came before investors could react to the report. For the quarter ended Sept. 30, revenue rose 98% from a year earlier to $17.672 million, compared with $8.918 million in the same period of 2025. BETA reported a net loss of $119.119 million and an Adjusted EBITDA loss of $97.449 million. Founder and CEO Kyle Clark called it the company’s “strongest quarter of revenue.” BETA set its 2026 revenue range at $52 million to $57 million, up from a previous range of $42 million to $50 million. It maintained its outlook for an Adjusted EBITDA loss of $400 million-$445 million. Its commercial aircraft backlog totaled slightly more than $4 billion across 1,040 firm and option aircraft orders, supported by financial commitments. More details appear in BETA’s [quarterly results and outlook update](). ## Links in this article - [quarterly results and outlook update](https://www.tokenpost.com/news/business/47620)