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Side-by-side financial comparison of BETA Technologies, Inc. (BETA) and Canterbury Park Holding Corp (CPHC). Click either name above to swap in a different company.

Canterbury Park Holding Corp is the larger business by last-quarter revenue ($12.4M vs $8.9M, roughly 1.4× BETA Technologies, Inc.). Canterbury Park Holding Corp runs the higher net margin — -3.1% vs -4902.6%, a 4899.5% gap on every dollar of revenue. On growth, BETA Technologies, Inc. posted the faster year-over-year revenue change (190.9% vs 3.9%). Canterbury Park Holding Corp produced more free cash flow last quarter ($-611.3K vs $-209.0M).

Unity Software Inc. is an American video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications.

Canterbury Park, is a horse racing track in Shakopee, Minnesota, United States. Canterbury Park Holding Corporation hosts parimutuel wagering on live thoroughbred and quarter horse racing at its facilities in Shakopee and parimutuel wagering on races held at out-of-state racetracks that are simulcast to the racetrack. In addition, the Canterbury Park Card Casino operates 24 hours a day, seven days a week, and is also regulated by the Minnesota Racing Commission. Casino games include blackjack...

BETA vs CPHC — Head-to-Head

Bigger by revenue
CPHC
CPHC
1.4× larger
CPHC
$12.4M
$8.9M
BETA
Growing faster (revenue YoY)
BETA
BETA
+187.0% gap
BETA
190.9%
3.9%
CPHC
Higher net margin
CPHC
CPHC
4899.5% more per $
CPHC
-3.1%
-4902.6%
BETA
More free cash flow
CPHC
CPHC
$208.4M more FCF
CPHC
$-611.3K
$-209.0M
BETA

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
BETA
BETA
CPHC
CPHC
Revenue
$8.9M
$12.4M
Net Profit
$-437.2M
$-390.1K
Gross Margin
69.3%
Operating Margin
-903.5%
2.6%
Net Margin
-4902.6%
-3.1%
Revenue YoY
190.9%
3.9%
Net Profit YoY
-482.5%
68.7%
EPS (diluted)
$-9.83
$-0.08

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BETA
BETA
CPHC
CPHC
Q4 25
$12.4M
Q3 25
$8.9M
$18.3M
Q2 25
$15.7M
Q1 25
$13.1M
Q4 24
$12.0M
Q3 24
$3.1M
$19.3M
Q2 24
$16.2M
Q1 24
$14.1M
Net Profit
BETA
BETA
CPHC
CPHC
Q4 25
$-390.1K
Q3 25
$-437.2M
$487.3K
Q2 25
$-327.4K
Q1 25
$-299.2K
Q4 24
$-1.2M
Q3 24
$-75.1M
$2.0M
Q2 24
$338.3K
Q1 24
$998.2K
Gross Margin
BETA
BETA
CPHC
CPHC
Q4 25
Q3 25
69.3%
Q2 25
Q1 25
Q4 24
Q3 24
61.2%
Q2 24
Q1 24
Operating Margin
BETA
BETA
CPHC
CPHC
Q4 25
2.6%
Q3 25
-903.5%
5.7%
Q2 25
2.8%
Q1 25
4.9%
Q4 24
-0.8%
Q3 24
-2381.0%
18.9%
Q2 24
6.9%
Q1 24
12.5%
Net Margin
BETA
BETA
CPHC
CPHC
Q4 25
-3.1%
Q3 25
-4902.6%
2.7%
Q2 25
-2.1%
Q1 25
-2.3%
Q4 24
-10.4%
Q3 24
-2448.3%
10.5%
Q2 24
2.1%
Q1 24
7.1%
EPS (diluted)
BETA
BETA
CPHC
CPHC
Q4 25
$-0.08
Q3 25
$-9.83
$0.10
Q2 25
$-0.06
Q1 25
$-0.06
Q4 24
$-0.25
Q3 24
$-1.81
$0.40
Q2 24
$0.07
Q1 24
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BETA
BETA
CPHC
CPHC
Cash + ST InvestmentsLiquidity on hand
$687.6M
$17.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$789.9M
$83.9M
Total Assets
$1.1B
$112.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BETA
BETA
CPHC
CPHC
Q4 25
$17.1M
Q3 25
$687.6M
$16.7M
Q2 25
$16.9M
Q1 25
$15.4M
Q4 24
$15.1M
Q3 24
$52.2M
$21.7M
Q2 24
$23.8M
Q1 24
$25.2M
Stockholders' Equity
BETA
BETA
CPHC
CPHC
Q4 25
$83.9M
Q3 25
$789.9M
$84.1M
Q2 25
$83.6M
Q1 25
$83.7M
Q4 24
$84.1M
Q3 24
$196.1M
$85.2M
Q2 24
$83.2M
Q1 24
$82.7M
Total Assets
BETA
BETA
CPHC
CPHC
Q4 25
$112.6M
Q3 25
$1.1B
$114.4M
Q2 25
$114.9M
Q1 25
$112.4M
Q4 24
$109.9M
Q3 24
$114.2M
Q2 24
$111.4M
Q1 24
$105.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BETA
BETA
CPHC
CPHC
Operating Cash FlowLast quarter
$-183.4M
$-103.4K
Free Cash FlowOCF − Capex
$-209.0M
$-611.3K
FCF MarginFCF / Revenue
-2344.1%
-4.9%
Capex IntensityCapex / Revenue
287.8%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BETA
BETA
CPHC
CPHC
Q4 25
$-103.4K
Q3 25
$-183.4M
$1.2M
Q2 25
$4.4M
Q1 25
$3.4M
Q4 24
$-2.8M
Q3 24
$2.3M
Q2 24
$5.4M
Q1 24
$1.6M
Free Cash Flow
BETA
BETA
CPHC
CPHC
Q4 25
$-611.3K
Q3 25
$-209.0M
$-395.3K
Q2 25
$3.2M
Q1 25
$2.5M
Q4 24
$-6.7M
Q3 24
$-25
Q2 24
$1.8M
Q1 24
$-601.0K
FCF Margin
BETA
BETA
CPHC
CPHC
Q4 25
-4.9%
Q3 25
-2344.1%
-2.2%
Q2 25
20.5%
Q1 25
19.1%
Q4 24
-55.9%
Q3 24
-0.0%
Q2 24
11.1%
Q1 24
-4.3%
Capex Intensity
BETA
BETA
CPHC
CPHC
Q4 25
4.1%
Q3 25
287.8%
9.0%
Q2 25
7.5%
Q1 25
6.5%
Q4 24
32.6%
Q3 24
11.8%
Q2 24
22.2%
Q1 24
15.7%
Cash Conversion
BETA
BETA
CPHC
CPHC
Q4 25
Q3 25
2.56×
Q2 25
Q1 25
Q4 24
Q3 24
1.12×
Q2 24
15.95×
Q1 24
1.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BETA
BETA

Commerical Customers$6.2M70%
United States Government$2.7M30%

CPHC
CPHC

Casino$9.5M76%
Other$1.9M15%
Food And Beverage$1.0M8%

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