Beta Bionics, Inc.(BBNX)Stock Analysis
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Rank #2,631 of 2,879 stocks
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
BBNX Stock Analysis & AI Quality Score
AI stock analysis and institutional research for Beta Bionics, Inc. (BBNX), a Healthcare sector company. 13F Pro's AI-powered ranking engine scores BBNX at 22.8/100 on a 32-signal composite quality model, placing it at rank #2,631 of 2,879 stocks — the bottom half of the AI-ranked universe. BBNX scores in the top quartile across institutional flow (88.6). Areas of concern include free cash flow (7.6) and profitability (7.9), which score below median versus the broader universe. Shareholder dilution risk is elevated at 11.5/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q1 2026), Beta Bionics, Inc. reports quarterly revenue of $27.6M, net income of $-21.9M, an operating margin of -87.9%. Top institutional holders of BBNX by reported 13-F value include EVENTIDE ASSET MANAGEMENT,, Soleus Capital Management, L.P., MORGAN STANLEY, based on the most recent SEC filings. BBNX trades on the Nasdaq exchange and files with the SEC under CIK 1674632. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate BBNX daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Beta Bionics, Inc. directly from SEC EDGAR. Beta Bionics, Inc.'s 13F Pro composite quality score has ranged between 23 and 43 since 2025, currently 22.8 — a declining long-term trajectory across 10 quarterly and live scoring snapshots.
Revenue
Q1 2026
$27.6M
Net Income
Q1 2026
$-21.9M
Free Cash Flow
Q1 2026
$-25.2M
Operating Margin
Q1 2026
-87.9%
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+53.9% YoYNet Income
-33.7% YoYOperating Income
-58.4% YoYEPS (Diluted)
+79.0% YoYTotal Assets
+119.7% YoYOp. Cash Flow
-5.5% YoY| Metric | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|
| Revenue | $100.3M +53.9% | $65.1M | — |
| Net Income | $-73.2M -33.7% | $-54.8M | — |
| Operating Income | $-71.7M -58.4% | $-45.3M | — |
| EPS (Diluted) | $-1.81 +79.0% | $-8.60 | — |
| Total Assets | $328.7M +119.7% | $149.6M | — |
| Operating Cash Flow | $-50.9M -5.5% | $-48.3M | — |
AI Insight: BBNX Financial Trends
Beta Bionics is burning cash and losses widened sharply in Q1 2026, reversing a four-quarter trend of steady improvement.
• Revenue grew from $18M in Q1 2025 to $32M in Q4 2025, a 78% rise over four quarters, before dipping to $28M in Q1 2026.
• Net loss narrowed consistently from -$29M in Q1 2025 to -$13M in Q4 2025, suggesting improving unit economics through that stretch.
• Operating cash outflow improved from -$20M in Q1 2025 to -$9M in Q4 2025, then reversed sharply to -$24M in Q1 2026.
• Equity has declined every quarter from $314M in Q1 2025 to $271M in Q1 2026, reflecting persistent net losses eroding the balance sheet.
⚠ Q1 2026 operating loss widened to -$24M from -$16M in Q4 2025 — the largest single-quarter deterioration in the dataset.
⚠ Equity runway: at the Q1 2026 burn rate, the $271M equity base faces meaningful erosion without a path to profitability or new capital.
⚠ No debt reported across any quarter — monitor whether the company taps debt markets to extend runway as cash burn re-accelerates.
AI Insight: BBNX Ratio Trends
Beta Bionics remains deeply unprofitable, with Q1 2026 showing a sharp sequential reversal after four quarters of margin improvement.
• Operating margin improved steadily from -105.7% in Q1 2025 to -50.2% in Q4 2025, suggesting meaningful operational progress over that stretch.
• Q1 2026 operating margin deteriorated sharply to -87.9% from -50.2% in Q4 2025, reversing the prior improvement trend.
• ROIC worsened to -35.8% in Q1 2026, the weakest reading in the dataset, down from -22.4% in Q4 2025.
• ROA fell to -28.8% in Q1 2026 versus -16.4% in Q4 2025, indicating asset base is generating deeper losses again.
⚠ Q1 seasonality appears to drive outsized losses; monitor whether Q2 2026 resumes the improvement seen mid-2025.
⚠ D/E data is entirely absent — leverage and balance sheet health cannot be assessed from available data.
⚠ ROIC at -35.8% in Q1 2026 is the worst in the series; sustained negative returns signal ongoing capital destruction risk.
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Available Research
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Top Institutional Holders of BBNX
EVENTIDE ASSET MANAGEMENT, LLC
$59.6M5,945,488 shSoleus Capital Management, L.P.
$43.6M4,354,501 shMORGAN STANLEY
$42.4M4,227,634 shSands Capital Ventures, LLC
$37.2M3,708,043 shFARALLON CAPITAL MANAGEMENT LLC
$36.2M3,607,920 shBlackRock, Inc.
$30.4M3,038,595 shPoint72 Asset Management, L.P.
$25.3M2,525,040 shVestal Point Capital, LP
$22.2M2,211,518 shRTW INVESTMENTS, LP
$20.0M2,000,000 shVANGUARD CAPITAL MANAGEMENT LLC
$17.3M1,727,977 sh
| Fund | Value | Shares |
|---|---|---|
| EVENTIDE ASSET MANAGEMENT, LLC | $59.6M | 5,945,488 |
| Soleus Capital Management, L.P. | $43.6M | 4,354,501 |
| MORGAN STANLEY | $42.4M | 4,227,634 |
| Sands Capital Ventures, LLC | $37.2M | 3,708,043 |
| FARALLON CAPITAL MANAGEMENT LLC | $36.2M | 3,607,920 |
| BlackRock, Inc. | $30.4M | 3,038,595 |
| Point72 Asset Management, L.P. | $25.3M | 2,525,040 |
| Vestal Point Capital, LP | $22.2M | 2,211,518 |
| RTW INVESTMENTS, LP | $20.0M | 2,000,000 |
| VANGUARD CAPITAL MANAGEMENT LLC | $17.3M | 1,727,977 |
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Popular Research
Is BBNX a good stock to buy?
13F Pro's AI-powered analysis of Beta Bionics, Inc. (BBNX) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Healthcare sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for BBNX are available on the BBNX stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own BBNX?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling BBNX. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Beta Bionics, Inc.'s investment landscape.