Beta Bionics, Inc./$BBNX
1D1W1MYTD1Y5YMAX
Capital at risk
About Beta Bionics, Inc.
Beta Bionics Inc is a commercial-stage medical device company engaged in the design, development, and commercialization of solutions to improve the health and quality of life of insulin-requiring people with diabetes (PWD) by utilizing adaptive closed-loop algorithms to simplify and improve the treatment of their disease. The company's product includes the iLet Bionic Pancreas (iLet). The company operates as a single segment, focused on the development, manufacture, and sale of the iLet.
- Ticker
- $BBNX
- Sector
- Health
- Primary listing
- NASDAQ
- Employees
- 422
- Headquarters
- Irvine, United States
- Website
- www.betabionics.com
BBNX Metrics
BasicAdvanced
$753M
-
-$1.65
-
-
Price and volume
Market cap
$753M
52-week high
$32.71
52-week low
$8.80
Average daily volume
1.2M
Financial strength
Current ratio
8.88
Quick ratio
7.716
Long term debt to equity
0.019
Total debt to equity
0.025
Profitability
EBITDA (TTM)
-80.799
Gross margin (TTM)
58.31%
Net profit margin (TTM)
-61.32%
Operating margin (TTM)
-69.75%
Revenue per employee (TTM)
$280,000
Management effectiveness
Return on assets (TTM)
-16.67%
Return on equity (TTM)
-26.16%
Valuation
Price to revenue (TTM)
6.222
Price to book
2.94
Price to tangible book (TTM)
2.94
Price to free cash flow (TTM)
-12.058
Free cash flow yield (TTM)
-8.29%
Free cash flow per share (TTM)
-1.387
Growth
Revenue change (TTM)
52.54%
Earnings per share change (TTM)
-50.84%
Bulls say / Bears say
Q2 2026 net sales rose 38% year over year to $32.0 million, while gross margin expanded to 59.0% from 53.8%; management also raised the full-year gross-margin outlook to 58.5%–59.5%. (SEC)
The pharmacy benefit plan channel is scaling rapidly: Q2 PBP sales increased 153% year over year to $11.6 million, and management expects 37%–39% of 2026 new patient starts to be reimbursed through that channel. This could broaden access and improve the commercial leverage of the iLet platform. (Beta Bionics)
Beta Bionics is building multiple medium-term growth options around its adaptive dosing technology: it initiated a pivotal U.S. trial for iLet in adults with type 2 diabetes and expects Mint, its patch-pump product, to be fully commercialized by Q2 2027, subject to FDA clearance. (Beta Bionics)
Beta Bionics remains deeply unprofitable: Q2 2026 operating loss was $25.6 million and net loss was $23.4 million, while cash, cash equivalents and investments declined to $225.2 million at June 30 from $264.7 million at year-end 2025. (SEC)
The FDA issued Beta Bionics a warning letter concerning quality-system and reporting issues identified during a 2025 facility inspection. Although the letter did not restrict current sales or manufacturing, remediation could increase costs and create regulatory or reputational risk. (Beta Bionics filing)
Several important growth catalysts remain regulatory- and execution-dependent: Mint is not yet cleared and is targeted for commercialization by Q2 2027, the type 2 diabetes indication for iLet depends on FDA clearance, and the bihormonal program requires algorithm and glucagon-formulation improvements before additional trials. (Beta Bionics)
Data summarised monthly by Lightyear AI. Last updated on 10 Sept 2026.
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BBNX News
AllArticlesVideos

BBNX CLASS ACTION NOTICE: Faruqi & Faruqi, LLP Reminds Beta Bionics (BBNX) Investors of Securities Class Action Lawsuit Deadline on November 3, 2026
Newsfile Corp2 hours ago

Did You Lose Money Investing in Beta Bionics, Inc.? Robbins LLP Urges Investors with Significant Losses to Contact the Firm for Information About Their Rights Against BBNX
Newsfile Corp24 hours ago

BBNX INVESTOR DEADLINE APPROACHING: Faruqi & Faruqi, LLP Reminds Beta Bionics (BBNX) Investors of Securities Class Action Lawsuit Deadline on November 3, 2026
Newsfile Corp2 days ago
Funds containing BBNX
Fund name | Fund size | $BBNX weighting |
|---|---|---|
SPDR Russell 2000 US Small Cap€R2US | €4.8B | 0.02% |
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