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Beam Global (BEEM)

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Earnings summaries and quarterly performance for Beam Global.

Recent press releases and 8-K filings for BEEM.

Beam Global Granted European Patent for Battery Thermal Management
BEEM
New Projects/Investments
  • Beam Global has been granted a new patent by the European Patent Office for its Phase Change Composite (PCC™) material for Lithium-ion batteries.
  • The patent, titled Smart Phase Change Composite for Passive Thermal Management, extends Beam Global's intellectual property protection into Europe, supporting its geographic expansion and customer diversification strategy.
  • The Smart PCC™ material acts as an intelligent thermal switch, designed to improve battery safety, reliability, performance, and lifespan by regulating temperature in extreme operating environments.
  • This patent is considered an important win for the Company, shareholders, and customers, strengthening Beam Global's competitive advantage in the vast European market.
  • Beam Global's battery solutions, which incorporate such technologies, are deployed in advanced applications like robotics, drones, AI-enabled devices, electric mobility platforms, and defense systems, often operating in harsh or mission-critical environments.
Jan 29, 2026, 2:12 PM
Beam Global Announces Preliminary Q4 2025 Revenue
BEEM
Earnings
Revenue Acceleration/Inflection
Product Launch
  • Beam Global announced preliminary fourth quarter 2025 revenue, which increased over 50% from the prior quarter and represented the company's strongest quarterly performance since Q3 2024.
  • This revenue growth was driven by new products, expanded international activity, and increased sales to commercial customers.
  • In Q4 2025, international sales accounted for approximately half of the revenue, non-government commercial revenues were about 84%, and non-EV ARC™ products comprised approximately 70% of revenue.
  • The company expects to file audited financial results by March 31, 2026.
Jan 14, 2026, 11:00 AM
Beam Global Selected by Ray Systems Ltd for Drone Battery Systems
BEEM
New Projects/Investments
Product Launch
  • Beam Global has been selected by Ray Systems Ltd, a UK-based developer of high-performance underwater drones, to design, develop, and deliver custom battery systems for their next-generation underwater drones.
  • Ray Systems Ltd chose Beam Global for its track record of delivering highly energy-dense, long-lasting, and safety-certified battery systems in bespoke form factors, along with its proprietary intelligent Battery Management System.
  • This agreement positions Beam Global within the growing Global Underwater Drone Market, which is projected to expand from $6.6 billion in 2025 to $17.3 billion by 2034.
Dec 9, 2025, 11:00 AM
Beam Global Announces Q3 2025 Operating Results
BEEM
Earnings
New Projects/Investments
Demand Weakening
  • Beam Global reported a significant decline in revenues for the quarter ended September 30, 2025, with $5.8 million, representing a 50% decrease compared to Q3 2024. Year-to-date revenues for the nine months ended September 30, 2025, decreased 53% to $19.2 million compared to the same period in 2024.
  • The company posted a Net Loss of $4.9 million for Q3 2025, a shift from a $1.3 million Net Profit in Q3 2024, and a GAAP gross margin of -1% for the quarter.
  • Operationally, Beam Global expanded into the Middle East, opening offices and deploying products in Abu Dhabi and Jordan. The company also secured a renewal of its GSA Multiple Award Schedule contract through October 31, 2030, and was awarded a purchasing contract by Sourcewell.
  • Despite the losses, Beam Global remains debt-free and has a $100 million line of credit available and unused. The company reported a contracted backlog of $8 million and cash on hand of $3.3 million as of September 30, 2025.
Nov 14, 2025, 9:33 PM
Beam Global Reports Q3 2025 Operating Results
BEEM
Earnings
Demand Weakening
New Projects/Investments
  • Beam Global reported Q3 2025 revenues of $5.8 million and year-to-date revenues of $19.2 million as of September 2025, a significant decrease compared to $40.9 million for the same period in 2024, primarily due to delayed order timing.
  • The company recorded a negative gross profit of $28,000, resulting in a 0.5% gross margin loss for Q3 2025. However, the non-GAAP gross margin, excluding depreciation and amortization, was 13% for the quarter.
  • Contracted backlog at the end of Q3 2025 stood at $8 million, which does not include a $3 million delayed EV ARC order or recent European tender awards.
  • Beam Global is actively diversifying its revenue streams through geographic expansion into Europe and the Middle East, and product portfolio expansion. International customers comprised 39% of year-to-date 2025 revenues, and Beam Europe contributed approximately 40% of Q3 revenue. Total operating expenses for Q3 2025 were $4.8 million, with management noting reductions through increased efficiencies.
Nov 14, 2025, 9:30 PM
Beam Global Awarded Sourcewell Cooperative Purchasing Contract
BEEM
New Projects/Investments
Revenue Acceleration/Inflection
  • Beam Global (Nasdaq: BEEM) has been awarded a cooperative purchasing contract by Sourcewell in the Electric Vehicle Supply Equipment with Related Services category.
  • This contract allows Beam Global to expand its offerings to U.S. Military, state and local government agencies, and higher education institutions across North America.
  • The Sourcewell contract streamlines the public purchasing process for over 50,000 participating public agencies, enabling them to procure Beam Global's sustainable infrastructure and energy storage solutions.
  • Beam Global's CEO, Desmond Wheatley, expects this contract to help grow the company's customer base and revenues.
Nov 12, 2025, 11:00 AM
Beam Global Discusses Global Expansion and Product Portfolio at Investor Conference
BEEM
New Projects/Investments
Product Launch
Revenue Acceleration/Inflection
  • Beam Global (BEEM) is a sustainable technology innovation company with global operations, including manufacturing facilities in the US and Serbia, and a 50/50 joint venture in the Middle East with Platinum Group UAE, chaired by His Royal Highness Sheikh Mohammed Sultan bin Khalifa Al Nahyan.
  • The company offers a diverse portfolio of rapidly deployable, grid-independent products, including the EV ARC for electric vehicle charging, BeamWell for water desalination and aid delivery, and BeamPatrol for law enforcement electric vehicles, all designed to operate without construction or electrical work.
  • Beam Global is transitioning its business model to incorporate recurring revenue streams through sponsorship models for EV charging and offering products as a service, moving beyond its traditional capital purchase model.
  • Despite a recent decline in federal government sales, the company is achieving growth in commercial, municipal, state, and international markets, and is focused on improving gross profitability while maintaining a clean balance sheet with no debt and a low share count.
Oct 21, 2025, 9:30 PM
Beam Global Highlights Product Portfolio and Strategic Expansion
BEEM
Product Launch
M&A
New Projects/Investments
  • Beam Global (BEEM) is a sustainable technology innovation company that invents, designs, engineers, and manufactures products such as the EV ARC electric vehicle autonomous renewable charger, Beam Bike, Beamwell (desalination), Beam Patrol, and Beam Spot.
  • The company has expanded its global footprint with manufacturing facilities in Chicago, Belgrade, and Craiova (Serbia), and a 50/50 joint venture in the Middle East with the Platinum Group.
  • Beam Global is shifting its revenue model from primarily capital purchases to include new recurring streams such as sponsorships for EV charging infrastructure and offering products as a service.
  • Despite a decline in federal government sales, the company is experiencing growth in commercial, municipal, and state sales, with international expansion expected to drive future revenue, while also focusing on improving gross profits and maintaining a clean balance sheet with no debt.
Oct 21, 2025, 9:30 PM
Beam Global's GSA Contract Renewed and Expanded
BEEM
New Projects/Investments
  • Beam Global's Multiple Award Schedule (MAS) contract with the U.S. General Services Administration (GSA) has been renewed through October 31, 2030, with exercise options that could extend its availability until October 31, 2040.
  • As part of this renewal, Beam Global's offerings have been added to Special Item Number (SIN) 334512, which includes a Cooperative Purchasing provision.
  • This addition makes state and local governments eligible to purchase Beam Global's products through the GSA MAS program.
  • The Cooperative Purchasing provision accelerates procurement timelines for eligible agencies, allowing them to buy directly from pre-negotiated GSA contracts.
Aug 26, 2025, 10:00 AM