Beam Global Announces Second Quarter 2025 Operating Results
Beam Global (NASDAQ: BEEM) reported Q2 2025 financial results showing significant growth and operational expansion. Revenue reached $7.1 million, up 12% from Q1 2025, with 60% of revenues coming from commercial customers and 37% from international operations year-to-date.
The company achieved a GAAP gross margin of 20%, a 4-percentage point improvement year-over-year, while reducing operating expenses by $1.2 million. Beam Global formed a strategic 50/50 joint venture in the Middle East, expanded into multiple European markets, and strengthened its Energy Storage Systems (ESS) business with $2.5 million in defense contracts.
The company maintains a strong financial position with $3.4 million in cash, no debt, and an unused $100 million credit line. Current backlog stands at $7 million.
Beam Global (NASDAQ: BEEM) ha comunicato i risultati finanziari del secondo trimestre 2025, evidenziando una crescita significativa e un'espansione operativa. I ricavi sono arrivati a $7,1 milioni, in aumento del 12% rispetto al primo trimestre 2025, con il 60% dei ricavi proveniente da clienti commerciali e il 37% dalle operazioni internazionali da inizio anno.
La societ脿 ha raggiunto un margine lordo GAAP del 20%, migliorando di 4 punti percentuali su base annua, e ha ridotto le spese operative di $1,2 milioni. Beam Global ha costituito una joint venture strategica al 50/50 in Medio Oriente, si 猫 espansa in diversi mercati europei e ha rafforzato il business degli Energy Storage Systems (ESS) con $2,5 milioni in contratti per la difesa.
La societ脿 mantiene una solida posizione finanziaria con $3,4 milioni di liquidit脿, assenza di debiti e una linea di credito inutilizzata di $100 milioni. L'ordine arretrato attuale 猫 di $7 milioni.
Beam Global (NASDAQ: BEEM) inform贸 los resultados financieros del segundo trimestre de 2025, mostrando un crecimiento significativo y una expansi贸n operativa. Los ingresos alcanzaron $7,1 millones, un 12% m谩s que en el primer trimestre de 2025, con el 60% de los ingresos procedentes de clientes comerciales y el 37% de operaciones internacionales en lo que va de a帽o.
La compa帽铆a logr贸 un margen bruto GAAP del 20%, una mejora de 4 puntos porcentuales interanual, y redujo los gastos operativos en $1,2 millones. Beam Global form贸 una joint venture estrat茅gica al 50/50 en Oriente Medio, se expandi贸 a varios mercados europeos y fortaleci贸 su negocio de Energy Storage Systems (ESS) con $2,5 millones en contratos de defensa.
La empresa mantiene una posici贸n financiera s贸lida con $3,4 millones en efectivo, sin deuda y una l铆nea de cr茅dito no utilizada de $100 millones. La cartera de pedidos actual asciende a $7 millones.
Beam Global (NASDAQ: BEEM)電� 2025雲� 2攵勱赴 鞛 鞁れ爜鞚� 氚滍憸頃橂┌ 鞙犾潣頃� 靹膘灔瓿� 靷梾 頇曥灔鞚� 氤搓碃頄堨姷雼堧嫟. 毵れ稖鞚� $7.1氚彪鞙茧 2025雲� 1攵勱赴 雽�牍� 12% 歃濌皜頄堨溂氅�, 鞐办磮 旮办 毵れ稖鞚� 60%電� 靸侅梾 瓿犼皾鞙茧攵�韯�, 37%電� 頃挫櫢 靷梾鞙茧攵�韯� 氚滌儩頄堨姷雼堧嫟.
须岇偓电� GAAP 旮办 靹胳爠 齑濎澊鞚惦 20%毳� 雼劚頃� 鞝勲厔 霃欔赴 雽�牍� 4%韽澑韸� 臧滌劆頄堦碃, 鞓侅梾牍勳毄鞚� $1.2氚彪 鞝堦皭頄堨姷雼堧嫟. Beam Global鞚� 欷戨彊鞐� 50/50 鞝勲灥鞝� 頃╈瀾氩曥澑鞚� 靹る頃橁碃 鞐煬 鞙犽熃 鞁滌灔鞙茧 歆勳稖頄堨溂氅�, 氚╈渼 甏�霠� 瓿勳暯 $2.5氚彪鞙茧 鞐愲剤歆� 鞝�鞛� 鞁滌姢韰�(ESS) 靷梾鞚� 臧曧檾頄堨姷雼堧嫟.
须岇偓电� $3.4氚彪鞚� 順勱笀, 氍挫皑鞛� 甑“, 氙胳偓鞖� $100氚彪 鞁犾毄頃滊弰搿� 瓴碃頃� 鞛 靸來儨毳� 鞙犾頃橁碃 鞛堨姷雼堧嫟. 順勳灛 靾橃＜ 鞛旉碃電� $7氚彪鞛呺媹雼�.
Beam Global (NASDAQ: BEEM) a publi茅 ses r茅sultats financiers du deuxi猫me trimestre 2025, faisant 茅tat d'une croissance significative et d'une expansion op茅rationnelle. Les revenus ont atteint 7,1 M$, en hausse de 12% par rapport au T1 2025, avec 60% des revenus provenant de clients commerciaux et 37% des activit茅s internationales depuis le d茅but de l'ann茅e.
La soci茅t茅 a r茅alis茅 une marge brute GAAP de 20%, soit une am茅lioration de 4 points de pourcentage d'une ann茅e sur l'autre, tout en r茅duisant les d茅penses d'exploitation de 1,2 M$. Beam Global a cr茅茅 une coentreprise strat茅gique 50/50 au Moyen-Orient, s'est 茅tendue 脿 plusieurs march茅s europ茅ens et a renforc茅 son activit茅 Energy Storage Systems (ESS) avec 2,5 M$ de contrats de d茅fense.
La soci茅t茅 conserve une position financi猫re solide avec 3,4 M$ de tr茅sorerie, aucune dette et une ligne de cr茅dit inutilis茅e de 100 M$. le carnet de commandes actuel s'茅l猫ve 脿 7 M$.
Beam Global (NASDAQ: BEEM) ver枚ffentlichte die Finanzergebnisse f眉r das zweite Quartal 2025 und meldete deutliches Wachstum sowie operative Expansion. Der Umsatz belief sich auf $7,1 Millionen, ein Anstieg von 12% gegen眉ber Q1 2025, wobei 60% der Ums盲tze von Gesch盲ftskunden und 37% aus internationalen Aktivit盲ten im Jahresverlauf stammen.
Das Unternehmen erzielte eine GAAP-Bruttomarge von 20%, eine Verbesserung um 4 Prozentpunkte gegen眉ber dem Vorjahr, und senkte die Betriebskosten um $1,2 Millionen. Beam Global gr眉ndete ein strategisches 50/50 Joint Venture im Nahen Osten, expandierte in mehrere europ盲ische M盲rkte und st盲rkte das Gesch盲ft mit Energy Storage Systems (ESS) durch $2,5 Millionen an Verteidigungsvertr盲gen.
Das Unternehmen verf眉gt 眉ber eine solide Finanzlage mit $3,4 Millionen Barmitteln, keiner Verschuldung und einer ungenutzten Kreditlinie von $100 Millionen. Der aktuelle Auftragsbestand liegt bei $7 Millionen.
- Revenue increased 12% quarter-over-quarter in Q2 2025
- GAAP Gross margin improved to 20%, up 4 percentage points year-over-year
- Operating costs reduced by $1.2 million (17%) compared to Q2 2024
- Net loss decreased by $0.6 million year-over-year
- Commercial revenue share increased significantly to 60% from 24% year-over-year
- International revenue share grew to 37% from 15% year-over-year
- Strategic expansion through Middle East joint venture and European market entry
- Secured $2.5 million in defense contracts for ESS business
- Continued net loss of $4.3 million in Q2 2025
- Cash position of $3.4 million remains relatively low given operational scale
- Backlog of $7 million shows limited forward visibility
Insights
Beam Global shows revenue growth and margin improvements while expanding globally, though still operating at a loss.
Beam Global's Q2 2025 results reflect positive momentum in several key metrics despite ongoing profitability challenges. The 12% quarter-over-quarter revenue growth indicates improving business dynamics, with the company achieving its highest-ever GAAP gross margin of 20% (a 4-percentage point improvement year-over-year). The adjusted non-GAAP gross margin reached 30%, representing a substantial 12-percentage point increase over Q2 2024.
The company's customer diversification strategy appears to be gaining traction, with 60% of year-to-date revenue now coming from commercial (non-government) entities, up significantly from 24% in the comparable 2024 period. Similarly, international operations now represent 37% of revenue versus 15% last year, demonstrating successful geographic expansion.
Cost control efforts are yielding results, with operating expenses reduced by $1.2 million (17%) compared to Q2 2024. This disciplined spending, combined with margin improvements, has helped narrow the net loss from $4.9 million in Q2 2024 to $4.3 million in Q2 2025. The net loss excluding non-cash items improved by 20% to $1.4 million.
The company's $7 million backlog provides some revenue visibility for coming quarters. Financially, Beam remains debt-free with improved cash position of $3.4 million (up from $2.5 million in Q1) and has an untapped $100 million credit line available for potential growth initiatives or operational needs.
The expanding global footprint, including the new Beam Middle East LLC joint venture and market entries across Europe (Romania, Croatia, and the DACH region), positions the company for further growth. The energy storage systems business is also gaining momentum with new Fortune 500 customers and $2.5 million in defense contracts.
While the company continues to operate at a loss, the improving margins, reduced operating expenses, and strategic expansion suggest Beam is making progress toward eventual profitability.
SAN DIEGO, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Beam Global, (Nasdaq:听BEEM), (the 鈥淐ompany鈥�), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its second quarter results for the period ended June 30, 2025.
Financial Highlights
12% Revenue increase from Q1 2025 to Q2 202560% of Revenues from Non-Government Commercial Entities YTD June 30, 202537% of revenues from International operations YTD June 30, 2025- Positive GAAP Gross Margin
20% for Q2 2025, a 4-percentage point increase over Q2 2024 - Adjusted non-GAAP Gross Margin, net of non-cash costs
30% for Q2 2025, a 12-percentage point increase over Q2 2024 - Operating costs reduced by
$1.2 million in Q2 2025 compared to Q2 2024 - Backlog of
$7M - Debt free and
$100 million line of credit available and unused
Recent Operational Highlights
- Formed Beam Middle East LLC, a 50/50 joint venture with Platinum Group UAE, to sell and manufacture Beam鈥檚 patented products across the Middle East and Africa, headquartered in Masdar City, Abu Dhabi
- Shipped Beam Global products to Arizona, California, Colorado, District of Columbia, Massachusetts, Michigan, New Mexico, Texas, Washington, Alberta, Ohio, Quebec, Illinois, Alabama and internationally to Serbia, Romania, Croatia, Montenegro and Bosnia
- Expanded into Romania with First EV ARC鈩� Sales through our Romanian reselling agent, Seltis Glass Design SRL
- Received Sustainability Award for Innovation in Infrastructure at the 2025 Romanian Mayors Congress in Bucharest, Romania
- Distribution agreement with听Luminoux Flux in Zagreb, marking Beam鈥檚 strategic entry into the听Croatian market
- Distribution agreement with听AMPS Energy AG, marking Beam鈥檚 strategic entry into the DACH region (Germany, Austria, and Switzerland)
- 530 kW Solar installation at Beam Europe to power its production operations, boosting energy efficiency, lowering costs, and reducing reliance on external sources
- Opened a听new office in Belgrade, Serbia, featuring听EV ARC鈩� and BeamBike鈩⑻齣nstallations on campus
- ESS business gained three major new customers, including a Fortune 500 automotive company
- Further ESS expansion with defense customers, securing contracts totaling
$2.5 million in sales, scheduled to be recognized as revenue by the end of 2025
鈥淭he second quarter of 2025 was a quarter in which Beam Global successfully executed on another very significant expansion of our global market presence through the creation of Beam Middle East. It was also a quarter in which we returned to revenue growth and generated the best GAAP Gross Margin in our history. We are creating a global platform from which to sell and manufacture our highly relevant and increasingly important portfolio of products while remaining laser focused on financial discipline,鈥� said Desmond Wheatley, CEO of Beam Global. 鈥淲e shipped EV ARCs and other Beam products to 13 states in the US and to multiple countries in Europe. We grew our energy storage systems business with both commercial and military customers. We added several new contracted reselling relationships in Europe. And we made our European operations far more efficient through continuing to add lean manufacturing processes and through the installation of solar generation on our factory buildings to support our operations in a green and sustainable manner while saving a great deal of money on utility bills. We did all of this while remaining debt free, reducing our operating costs, maintaining sufficient cash and operating capital, and improving almost every other aspect of our operations.鈥�
Revenues
For the quarter ended June 30, 2025, Beam Global鈥檚 revenues were
Gross Profit
Gross profit for the quarter ended June 30, 2025 was
Operating Expenses
Total operating expenses were
Net Loss
Net loss was
Cash
On June 30, 2025, we had cash of
We have historically met our cash needs through a combination of debt and equity financing and more recently through increasing gross profit contributions. Our cash requirements are generally for operating activities and acquisitions.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared in accordance with GAAP, we present Non-GAAP financial measures, in this press release. We use Non-GAAP in conjunction with GAAP measures as part of our overall assessment of our performance to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance. We believe Non-GAAP is also helpful to investors, analysts and other interested parties because it can assist in providing a more consistent and comparable overview of our operations across our historical financial periods. Non-GAAP has limitations as an analytical tool. Therefore, you should not consider it in isolation or as a substitute for analysis of our results as reported under GAAP. Because of these limitations, you should consider Non-GAAP measurements alongside other financial performance measures, including attributable to other GAAP measures. In evaluating Non-GAAP measures you should be aware that in the future, we may incur expenses that are the same as, or similar to, some of the adjustments reflected in this press release. Our presentation of Non-GAAP should not be construed to imply that our future results will be unaffected by the types of items excluded from the calculations of Non-GAAP measures. Non-GAAP is not presented in accordance with GAAP and the use of these terms vary from others in our industry.
Conference Call August 14, 2025 at 4:30 p.m. ET听
Management will host a conference call on Thursday August 14, 2025 at 4:30 p.m. ET to review financial results and provide an update on corporate developments. Following management鈥檚 formal remarks, there will be a question-and-answer session.
Participants can register for the conference through the following link: https://dpregister.com/sreg/10202123/ffb9911de3
Please note that registered participants will receive their call-in number upon registration.
Those without internet access or unable to pre-register may call in by calling:
PARTICIPANT CALL IN (TOLL FREE): 1-844-739-3880
PARTICIPANT INTERNATIONAL CALL IN: 1-412-317-5716
Please ask to join the Beam Global call.
About Beam Global
Beam Global is a clean technology innovator which develops and manufactures sustainable infrastructure products and technologies. We operate at the nexus of clean energy and transportation with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and Smart Cities Infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced clean technology solutions that power transportation, provide secure sources of electricity, enable Smart City services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA with facilities in Broadview, IL, Belgrade and Kraljevo, Serbia and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit,听BeamForAll.com,听LinkedIn,听YouTube,听Instagram听and听X.
Forward-Looking Statements
This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as 鈥渆stimate,鈥� 鈥減roject,鈥� 鈥減redict,鈥� 鈥渂elieve,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渢arget,鈥� 鈥減lan,鈥� 鈥渋ntend,鈥� 鈥渟eek,鈥� 鈥済oal,鈥� 鈥渨ill,鈥� 鈥渟hould,鈥� 鈥渕ay,鈥� or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global鈥檚 actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.
Investor Relations
Luke Higgins
+1 858-261-7646
[email protected]
Media Contact
Lisa Potok
+1 858-327-9123
[email protected]
| Beam Global Condensed Consolidated Balance Sheets 听(In thousands, except share and per share data) | ||||||||
| 听 | 听 | June 30, | 听 | 听 | December 31, | 听 | ||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||
| 听 | 听 | (Unaudited) | 听 | 听 | 听 | 听 | ||
| Assets | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Current assets | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Cash | 听 | $ | 3,414 | 听 | 听 | $ | 4,572 | 听 |
| Accounts receivable, net of allowance for credit losses of | 听 | 听 | 6,082 | 听 | 听 | 听 | 8,027 | 听 |
| Prepaid expenses and other current assets | 听 | 听 | 1,669 | 听 | 听 | 听 | 2,243 | 听 |
| Inventory, net | 听 | 听 | 11,280 | 听 | 听 | 听 | 12,284 | 听 |
| Total current assets | 听 | 听 | 22,445 | 听 | 听 | 听 | 27,126 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Property and equipment, net | 听 | 听 | 14,829 | 听 | 听 | 听 | 13,704 | 听 |
| Operating lease right of use assets | 听 | 听 | 1,771 | 听 | 听 | 听 | 1,893 | 听 |
| Goodwill | 听 | 听 | 鈥� | 听 | 听 | 听 | 10,580 | 听 |
| Intangible assets, net | 听 | 听 | 7,577 | 听 | 听 | 听 | 8,037 | 听 |
| Deposits | 听 | 听 | 122 | 听 | 听 | 听 | 119 | 听 |
| Total assets | 听 | $ | 46,744 | 听 | 听 | $ | 61,459 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Liabilities and Stockholders' Equity | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Current liabilities | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Accounts payable | 听 | $ | 7,444 | 听 | 听 | $ | 8,959 | 听 |
| Accrued expenses | 听 | 听 | 2,910 | 听 | 听 | 听 | 2,462 | 听 |
| Sales tax payable | 听 | 听 | 501 | 听 | 听 | 听 | 195 | 听 |
| Deferred revenue, current | 听 | 听 | 846 | 听 | 听 | 听 | 847 | 听 |
| Note payable, current | 听 | 听 | 65 | 听 | 听 | 听 | 63 | 听 |
| Contingent consideration, current | 听 | 听 | 166 | 听 | 听 | 听 | 93 | 听 |
| Operating lease liabilities, current | 听 | 听 | 744 | 听 | 听 | 听 | 696 | 听 |
| Total current liabilities | 听 | 听 | 12,676 | 听 | 听 | 听 | 13,315 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Deferred revenue, noncurrent | 听 | 听 | 830 | 听 | 听 | 听 | 800 | 听 |
| Note payable, noncurrent | 听 | 听 | 165 | 听 | 听 | 听 | 199 | 听 |
| Contingent consideration, noncurrent | 听 | 听 | 50 | 听 | 听 | 听 | 216 | 听 |
| Other liabilities, noncurrent | 听 | 听 | 3,480 | 听 | 听 | 听 | 3,380 | 听 |
| Deferred tax liabilities, noncurrent | 听 | 听 | 1,815 | 听 | 听 | 听 | 1,290 | 听 |
| Operating lease liabilities, noncurrent | 听 | 听 | 836 | 听 | 听 | 听 | 971 | 听 |
| Total liabilities | 听 | 听 | 19,852 | 听 | 听 | 听 | 20,171 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Stockholders' equity | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Preferred stock, | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 |
| Common stock, | 听 | 听 | 16 | 听 | 听 | 听 | 15 | 听 |
| Additional paid-in-capital | 听 | 听 | 151,382 | 听 | 听 | 听 | 147,072 | 听 |
| Accumulated deficit | 听 | 听 | (124,444 | ) | 听 | 听 | (104,643 | ) |
| Accumulated Other Comprehensive Income (AOCI) | 听 | 听 | (62 | ) | 听 | 听 | (1,156 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Total stockholders' equity | 听 | 听 | 26,892 | 听 | 听 | 听 | 41,288 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Total liabilities and stockholders' equity | 听 | $ | 46,744 | 听 | 听 | $ | 61,459 | 听 |
| Beam Global Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited, In thousands except per share data) | ||||||||||||||||
| 听 | ||||||||||||||||
| 听 | 听 | Three Months Ended | 听 | 听 | Six Months Ending | 听 | ||||||||||
| 听 | 听 | June 30, | 听 | 听 | June 30, | 听 | ||||||||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||
| Revenues | 听 | $ | 7,075 | 听 | 听 | $ | 14,812 | 听 | 听 | $ | 13,399 | 听 | 听 | $ | 29,373 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Cost of revenues | 听 | 听 | 5,641 | 听 | 听 | 听 | 12,456 | 听 | 听 | 听 | 11,464 | 听 | 听 | 听 | 25,538 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Gross profit | 听 | 听 | 1,434 | 听 | 听 | 听 | 2,356 | 听 | 听 | 听 | 1,935 | 听 | 听 | 听 | 3,835 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Operating expenses | 听 | 听 | 5,901 | 听 | 听 | 听 | 7,147 | 听 | 听 | 听 | 11,166 | 听 | 听 | 听 | 11,674 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Impairment of goodwill | 听 | 听 | 鈥� | 听 | 听 | 听 | 鈥� | 听 | 听 | 听 | 10,780 | 听 | 听 | 听 | 鈥� | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Loss from operations | 听 | 听 | (4,467 | ) | 听 | 听 | (4,791 | ) | 听 | 听 | (20,011 | ) | 听 | 听 | (7,839 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Other income (expense) | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Interest income | 听 | 听 | 14 | 听 | 听 | 听 | 38 | 听 | 听 | 听 | 37 | 听 | 听 | 听 | 109 | 听 |
| Other income (expense) | 听 | 听 | 182 | 听 | 听 | 听 | (149 | ) | 听 | 听 | 186 | 听 | 听 | 听 | (205 | ) |
| Interest expense | 听 | 听 | (7 | ) | 听 | 听 | (14 | ) | 听 | 听 | (13 | ) | 听 | 听 | (18 | ) |
| Other income | 听 | 听 | 189 | 听 | 听 | 听 | (125 | ) | 听 | 听 | 210 | 听 | 听 | 听 | (114 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Net Loss | 听 | $ | (4,278 | ) | 听 | $ | (4,916 | ) | 听 | $ | (19,801 | ) | 听 | $ | (7,953 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Net foreign currency translation benefit (expense) | 听 | 听 | 633 | 听 | 听 | 听 | (95 | ) | 听 | 听 | 1,094 | 听 | 听 | 听 | (424 | ) |
| Total Comprehensive Loss | 听 | $ | (3,645 | ) | 听 | $ | (5,011 | ) | 听 | $ | (18,706 | ) | 听 | $ | (8,377 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Net Loss per share - basic/diluted | 听 | $ | (0.28 | ) | 听 | $ | (0.34 | ) | 听 | $ | (1.30 | ) | 听 | $ | (0.55 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Weighted average shares outstanding - basic/diluted | 听 | 听 | 15,499 | 听 | 听 | 听 | 14,533 | 听 | 听 | 听 | 15,272 | 听 | 听 | 听 | 14,486 | 听 |
| Beam Global Reconciliation of Net Loss to Non-GAAP Net Loss (Unaudited, In thousands) | ||||||||||||||||
| 听 | ||||||||||||||||
| 听 | 听 | Three Months Ended | 听 | 听 | Six Months Ending | 听 | ||||||||||
| 听 | 听 | June 30, | 听 | 听 | June 30, | 听 | ||||||||||
| 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | 听 | 2025 | 听 | 听 | 2024 | 听 | ||||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||
| GAAP Total Revenue | 听 | $ | 7,075 | 听 | 听 | $ | 14,812 | 听 | 听 | $ | 13,399 | 听 | 听 | $ | 29,373 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| GAAP Total COGS | 听 | 听 | 5,641 | 听 | 听 | 听 | 12,455 | 听 | 听 | 听 | 11,464 | 听 | 听 | 听 | 25,538 | 听 |
| Adjusted to exclude the following: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Depreciation and Amortization | 听 | 听 | 656 | 听 | 听 | 听 | 307 | 听 | 听 | 听 | 1,457 | 听 | 听 | 听 | 549 | 听 |
| Non-GAAP Total COGS | 听 | $ | 4,985 | 听 | 听 | $ | 12,148 | 听 | 听 | $ | 10,007 | 听 | 听 | $ | 24,989 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Non-GAAP Gross Profit | 听 | $ | 2,090 | 听 | 听 | $ | 2,664 | 听 | 听 | $ | 3,392 | 听 | 听 | $ | 4,384 | 听 |
| Non-GAAP Gross Margin % | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | ||||
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| GAAP Total Operating Expenses | 听 | $ | 5,901 | 听 | 听 | $ | 7,147 | 听 | 听 | $ | 21,946 | 听 | 听 | $ | 11,674 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Adjusted to exclude the following: | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Depreciation and Amortization | 听 | 听 | 150 | 听 | 听 | 听 | 139 | 听 | 听 | 听 | 306 | 听 | 听 | 听 | 279 | 听 |
| Non-cash Compensation | 听 | 听 | 1,581 | 听 | 听 | 听 | 671 | 听 | 听 | 听 | 2,026 | 听 | 听 | 听 | 1,176 | 听 |
| Allowance for Credit Losses | 听 | 听 | 385 | 听 | 听 | 听 | 266 | 听 | 听 | 听 | 883 | 听 | 听 | 听 | 378 | 听 |
| Warrant Amortization | 听 | 听 | 80 | 听 | 听 | 听 | 81 | 听 | 听 | 听 | 161 | 听 | 听 | 听 | 161 | 听 |
| Impairment of Goodwill | 听 | 听 | 鈥� | 听 | 听 | 听 | 1,679 | 听 | 听 | 听 | 10,780 | 听 | 听 | 听 | 1,532 | 听 |
| Non-GAAP Total Adjustments | 听 | $ | 2,196 | 听 | 听 | $ | 2,836 | 听 | 听 | $ | 14,156 | 听 | 听 | $ | 3,526 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| Non-GAAP Total Operating Expenses | 听 | $ | 3,705 | 听 | 听 | $ | 4,311 | 听 | 听 | $ | 7,790 | 听 | 听 | $ | 8,148 | 听 |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| GAAP Other Expenses | 听 | $ | 189 | 听 | 听 | $ | (125 | ) | 听 | $ | 210 | 听 | 听 | $ | (114 | ) |
| 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 | 听 |
| GAAP Net Loss | 听 | $ | (4,278 | ) | 听 | $ | (4,915 | ) | 听 | $ | (19,801 | ) | 听 | $ | (7,953 | ) |
| Non-GAAP Total Adjustments | 听 | 听 | 2,852 | 听 | 听 | 听 | 3,143 | 听 | 听 | 听 | 15,613 | 听 | 听 | 听 | 4,075 | 听 |
| Non-GAAP Net Loss | 听 | $ | (1,426 | ) | 听 | $ | (1,772 | ) | 听 | $ | (4,188 | ) | 听 | $ | (3,878 | ) |
FAQ
What were Beam Global's (BEEM) Q2 2025 revenue and margin results?
How much of Beam Global's revenue comes from international markets in 2025?
What is Beam Global's current financial position and debt status?
What major strategic expansions did Beam Global announce in Q2 2025?
How has Beam Global's customer mix changed in 2025?
