Beta Technologies, Inc. (BETA) Balance Sheet
BETA balance sheet, 2025
December 31, 2025 · U.S. dollars$2.13B assets = $309.8M liabilities + $1.82B equity
Both columns are drawn to the same scale: what BETA owns equals what it owes plus shareholders’ equity. Hover a block for its value.
BETA financial health
Descriptive bands, not a rating. Fiscal 2025.
BETA balance sheet trends, 2023–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $579.2M2023 | $2.13B2025 | +91.7%/yr | |
| Total liabilities | $193.8M2023 | $309.8M2025 | +26.4%/yr | |
| Shareholders’ equity | $385.4M2023 | $1.82B2025 | +117.2%/yr | |
| Cash & short-term investments | $253.7M2023 | $1.71B2025 | +160.0%/yr | |
| Total debt | $155.3M2023 | $203.9M2025 | +14.6%/yr | |
| Net cash (debt) | $98.4M2023 | $1.51B2025 | +$1.4B | |
| Working capital | $243.9M2023 | $1.66B2025 | +$1.4B | |
| Book value per share | $1.722023 | $7.932025 | +114.6%/yr | |
| Debt / equity | 0.402023 | 0.112025 | −0.29 | |
| Shares outstanding | 223.8M2023 | 229.2M2025 | +1.2%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
BETA assets
BETA liabilities and equity
BETA debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
BETA balance sheet
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Assets | |||
| Cash & short-term investments | $1.71B | $301.5M | $253.7M |
| Cash & equivalents | $1.71B | $301.5M | $253.7M |
| Receivables | $5.7M | $12.2M | $5.7M |
| Inventory | $0 | $3.7M | $9.4M |
| Other current assets | $18.9M | $10.0M | $11.2M |
| Total current assets | $1.74B | $327.3M | $280.0M |
| Property, plant & equipment (net) | $365.0M | $336.0M | $295.6M |
| Goodwill & intangible assets | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 |
| Other non-current assets | $23.3M | $3.0M | $3.6M |
| Total assets | $2.13B | $666.4M | $579.2M |
| Liabilities | |||
| Accounts payable | $24.5M | $16.2M | $8.0M |
| Short-term debt | $7.3M | $4.6M | $1.6M |
| Deferred revenue | $3.7M | $6.4M | $1.1M |
| Total current liabilities | $76.4M | $56.6M | $36.2M |
| Long-term debt | $179.8M | $0 | $0 |
| Lease obligations | $18.4M | $18.4M | — |
| Other long-term liabilities | $53.7M | $173.9M | $157.6M |
| Total liabilities | $309.8M | $230.4M | $193.8M |
| Shareholders' equity | |||
| Common stock & paid-in capital | $23,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$1.91B | −$969.3M | −$676.7M |
| Accumulated other comprehensive income | −$10,000 | −$207,000 | −$13,000 |
| Total shareholders' equity | $1.82B | $435.9M | $385.4M |
| Key figures | |||
| Total debt | $203.9M | $170.5M | $155.3M |
| Net cash (debt) | $1.51B | $131.0M | $98.4M |
| Working capital | $1.66B | $270.8M | $243.9M |
| Tangible book value | $1.82B | $435.9M | $385.4M |
| Book value per share | $7.93 | $1.95 | $1.72 |
| Shares outstanding | 229.2M | 223.8M | 223.8M |
| Current ratio | 22.77 | 5.79 | 7.74 |
| Quick ratio | 22.52 | 5.55 | 7.17 |
| Debt / equity | 0.11 | 0.39 | 0.40 |
| Equity / assets | 85.4% | 65.4% | 66.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Dec '24 | |
|---|---|---|---|---|---|
| Assets | |||||
| Cash & short-term investments | $1.48B | $1.59B | $1.71B | $692.2M | $301.5M |
| Cash & equivalents | $1.48B | $1.59B | $1.71B | $692.2M | $301.5M |
| Receivables | $3.6M | $6.4M | $5.7M | $7.7M | $12.2M |
| Inventory | $0 | $0 | $0 | $2.8M | $3.7M |
| Other current assets | $20.5M | $25.0M | $18.9M | $9.8M | $10.0M |
| Total current assets | $1.50B | $1.62B | $1.74B | $712.5M | $327.3M |
| Property, plant & equipment (net) | $423.4M | $388.8M | $365.0M | $348.3M | $336.0M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $6.4M | $3.5M | $23.3M | $8.5M | $3.0M |
| Total assets | $1.93B | $2.01B | $2.13B | $1.07B | $666.4M |
| Liabilities | |||||
| Accounts payable | $22.8M | $22.4M | $24.5M | $13.2M | $16.2M |
| Short-term debt | $10.4M | $8.8M | $7.3M | $7.2M | $4.6M |
| Deferred revenue | — | $3.9M | $3.7M | $3.6M | $6.4M |
| Total current liabilities | $103.9M | $75.9M | $76.4M | $68.3M | $56.6M |
| Long-term debt | $175.4M | $177.6M | $179.8M | $179.1M | $0 |
| Lease obligations | $22.7M | $19.8M | $18.4M | $18.5M | $18.4M |
| Other long-term liabilities | $39.0M | $34.4M | $53.7M | $32.0M | $173.9M |
| Total liabilities | $318.3M | $287.8M | $309.8M | $279.4M | $230.4M |
| Shareholders' equity | |||||
| Common stock & paid-in capital | $24,000 | $23,000 | $23,000 | $1,000 | $1,000 |
| Retained earnings (deficit) | −$2.18B | −$2.04B | −$1.91B | −$1.59B | −$969.3M |
| Accumulated other comprehensive income | −$199,000 | −$87,000 | −$10,000 | −$93,000 | −$207,000 |
| Total shareholders' equity | $1.62B | $1.73B | $1.82B | $789.9M | $435.9M |
| Key figures | |||||
| Total debt | $206.7M | $204.5M | $203.9M | $203.3M | $170.5M |
| Net cash (debt) | $1.27B | $1.38B | $1.51B | $488.9M | $131.0M |
| Working capital | $1.40B | $1.54B | $1.66B | $644.2M | $270.8M |
| Tangible book value | $1.62B | $1.73B | $1.82B | $789.9M | $435.9M |
| Book value per share | $6.96 | $7.48 | $7.93 | $3.45 | $1.95 |
| Shares outstanding | 232.0M | 230.8M | 229.2M | 229.0M | 223.8M |
| Current ratio | 14.47 | 21.37 | 22.77 | 10.43 | 5.79 |
| Quick ratio | 14.27 | 21.04 | 22.52 | 10.25 | 5.55 |
| Debt / equity | 0.13 | 0.12 | 0.11 | 0.26 | 0.39 |
| Equity / assets | 83.5% | 85.7% | 85.4% | 73.9% | 65.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 9, 2026); data from EODHD.
BETA financial position
At the end of fiscal 2025 (December 31, 2025), Beta Technologies had total assets of $2.1 billion (up 219.3% from a year earlier), total liabilities of $309.8 million and shareholders' equity of $1.8 billion. It held $1.7 billion in cash and short-term investments against $203.9 million of debt, a net cash position of $1.5 billion. Its current ratio was 22.77. In the latest quarter (ended June 30, 2026) total assets were $1.9 billion and equity $1.6 billion.
Related: BETA income statement, BETA cash flow statement, BETA key metrics. See the BETA stock overview for the latest quote and news.
BETA balance sheet FAQ
What are Beta Technologies's total assets?
Beta Technologies reported total assets of $2.1 billion at the end of fiscal 2025 (December 31, 2025), compared with $666.4 million a year earlier.
How much debt does Beta Technologies have?
Beta Technologies had $203.9 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.11.
How much cash does Beta Technologies have?
Beta Technologies held $1.7 billion in cash and short-term investments at the end of fiscal 2025; with $203.9 million of debt that is net cash of $1.5 billion.
What is Beta Technologies's book value?
Beta Technologies's shareholders' equity (book value) was $1.8 billion at the end of fiscal 2025, or $7.93 per share.
What is Beta Technologies's current ratio?
Beta Technologies had current assets of $1.7 billion and current liabilities of $76.4 million, a current ratio of 22.77 (it can cover its short-term obligations).