Beta Bionics, Inc. logo

Beta Bionics, Inc.

BBNX

NASDAQHealthcareMedical - Devices

Previous close

$19.05

−$0.43 · -2.21%

Aug 21, 4:00 PM ET

BBNX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

77

Undervalued

Momentum

44

Neutral

Sentiment

47

Mixed

Risk resilience

17

Extreme Risk

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Company profile

Company website

Beta Bionics, Inc. is a commercial-stage medical technology company dedicated to inventing, developing, and bringing to market solutions that improve the health and quality of life for individuals with diabetes who depend on insulin. The company's flagship product, the iLet Bionic Pancreas, is an automated insulin delivery system currently available for treating type 1 diabetes in adults and children aged six and older. In addition to its existing offering, Beta Bionics is actively developing several new innovations: a Patch Pump, designed as a tubeless insulin pump that adheres directly to the skin; the Bihormonal iLet, which integrates automated delivery of both insulin and glucagon; and an iLet system specifically adapted for individuals with insulin-dependent type 2 diabetes. To support its product pipeline, the company has forged strategic alliances, including a collaboration and licensing agreement with Xeris Pharmaceuticals, Inc. to develop and commercialize a glucagon formulation compatible with pumps. It also holds a development and commercialization agreement with Abbott Diabetes Care Inc. for an automated insulin delivery system. Established in 2015, Beta Bionics is headquartered in Irvine, California.

Industry
Medical - Devices
Sector
Healthcare
Headquarters
US
CEO
Sean T. Saint
Listed since
Jan 30, 2025
Employees
422

Market position

Day range

Current $19.05

52-week range

Current $19.05

Open
$19.22
Previous close
$19.48
Volume
496.6K
0.45× average
Average volume
1.1M
Average daily volume
Market cap
857.05M USD
Beta
3.11
Market reference 1
50-day average
$16.111
+18.24% above average
200-day average
$17.1169
+11.29% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
1.21B USD
P/E (TTM)
-11.34×
P/B (TTM)
3.31×
P/S (TTM)
7.2×
EV / EBITDA
-17.22×
Earnings yield
-5.93%
Free cash flow yield
-4.55%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
58.31%
Operating margin
-69.75%
Net margin
-61.32%
Return on equity
-25.45%
Return on assets
-22.27%
Return on invested capital
-23.91%

Financial health

Debt / equity
0.03×
Current ratio
8.66×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends3788%-10965%-25719%-40473%Gross margin, FY2022: 100.00%Gross margin, FY2023: 52.59%Gross margin, FY2024: 55.11%Gross margin, FY2025: 55.40%Operating margin, FY2022: -36784.36%Operating margin, FY2023: -298.87%Operating margin, FY2024: -69.48%Operating margin, FY2025: -71.50%Net margin, FY2022: -36173.74%Net margin, FY2023: -367.64%Net margin, FY2024: -84.08%Net margin, FY2025: -73.02%FY2022FY2023FY2024FY2025
Gross margin FY2022 100.00%. Gross margin FY2023 52.59%. Gross margin FY2024 55.11%. Gross margin FY2025 55.40%. Operating margin FY2022 -36784.36%. Operating margin FY2023 -298.87%. Operating margin FY2024 -69.48%. Operating margin FY2025 -71.50%. Net margin FY2022 -36173.74%. Net margin FY2023 -367.64%. Net margin FY2024 -84.08%. Net margin FY2025 -73.02%.

Income trends

Revenue

100.25M USD+53.94%

Operating income

−71.68M USD-58.41%

Net income

−73.2M USD-33.68%
Income trends across reported periods117.6M USD48.22M USD−21.16M USD−90.55M USDRevenue, FY2022: 179K USDRevenue, FY2023: 12M USDRevenue, FY2024: 65.12M USDRevenue, FY2025: 100.25M USDOperating income, FY2022: −65.84M USDOperating income, FY2023: −35.85M USDOperating income, FY2024: −45.25M USDOperating income, FY2025: −71.68M USDNet income, FY2022: −64.75M USDNet income, FY2023: −44.1M USDNet income, FY2024: −54.76M USDNet income, FY2025: −73.2M USDFY2022FY2023FY2024FY2025
Revenue FY2022 179K USD. Revenue FY2023 12M USD. Revenue FY2024 65.12M USD. Revenue FY2025 100.25M USD. Operating income FY2022 −65.84M USD. Operating income FY2023 −35.85M USD. Operating income FY2024 −45.25M USD. Operating income FY2025 −71.68M USD. Net income FY2022 −64.75M USD. Net income FY2023 −44.1M USD. Net income FY2024 −54.76M USD. Net income FY2025 −73.2M USD.
Metric (USD)FY2025FY2024FY2023FY2022
Revenue100.25M USD65.12M USD12M USD179K USD
Cost of goods sold44.71M USD29.24M USD5.69M USD
Gross profit55.54M USD35.89M USD6.31M USD179K USD
Research and development34.79M USD26.18M USD17.94M USD31.43M USD
Selling, general, and administrative92.43M USD54.96M USD24.22M USD33.5M USD
Operating expenses127.22M USD81.14M USD42.16M USD66.02M USD
Interest income10.93M USD3.91M USD1.78M USD196K USD
Interest expense14K USD
Depreciation and amortization2.88M USD1.15M USD1.23M USD1.35M USD
Operating income−71.68M USD−45.25M USD−35.85M USD−65.84M USD
Net income−73.2M USD−54.76M USD−44.1M USD−64.75M USD

Company facts updated Aug 24, 2026.

Earnings

Latest fiscal-year EPS
-1.81
FY2025
Latest fiscal-year revenue
100.25M USD
FY2025 · +53.94% year over year

Annual EPS trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual EPS trend-0.95-1.26-1.58-1.89FY22FY23FY24FY25

Annual revenue trend

Reported history and fiscal-year consensus

ReportedConsensus forecast
Annual revenue trend110.26M70.23M30.2M-9.83MFY22FY23FY24FY25

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$21.00

10.24% upside
Past 12 months12-month forecastHigh $22.00Average $21.00Low $19.00

Rating distribution

8 ratings
Strong buy00%
Buy675%
Hold225%
Sell00%
Strong sell00%

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