Beam Global income statement
In fiscal 2025, Beam Global reported revenue of $28.2m, down 42.8% on the year before, operating income of −$27.5m (a -97.5% margin) and net income of −$27.0m. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 2 | 1 | 0 | 1 | 3 | 3 | 1 | 6 | 5 | 6 | 9 | 22 | 67 | 49 | 28 | 27 |
| Cost of revenue | 0 | 2 | 1 | 1 | 1 | 3 | 3 | 2 | 6 | 5 | 7 | 10 | 24 | 66 | 42 | 25 | 24 |
| Gross profit | 0 | 1 | 0 | −0 | −0 | −0 | −0 | −0 | −0 | −0 | −1 | −1 | −2 | 1 | 7 | 4 | 3 |
| Research and development | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 400 | 1 | 2 | 2 | 1 | — |
| Operating income | −2 | −3 | −2 | −2 | −2 | −2 | −3 | −3 | −3 | −3 | −5 | −7 | −20 | −16 | −12 | −28 | −17 |
| Interest expense | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | — | 0 | 0 | 0 | 0 | 0 | 0 |
| Net interest income | — | — | — | — | — | — | — | — | 0 | 0 | — | — | — | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | 0 | −0 | 1 | 2 |
| Income before tax | — | −3 | −2 | −3 | −3 | −2 | −3 | −3 | −4 | −4 | −5 | −7 | −20 | −16 | −11 | −27 | — |
| Income tax | 0 | 0 | 0 | 0 | 0 | 0 | — | — | 0 | 0 | 0 | 0 | 0 | 0 | −0 | −0 | — |
| Net income | −2 | −3 | −2 | −3 | −3 | −2 | −3 | −3 | −4 | −4 | −5 | −7 | −20 | −16 | −11 | −27 | −17 |
| Diluted EPS | −$3.00 | −$0.05 | −$0.04 | −$0.04 | −$0.04 | −$0.02 | −$0.02 | −$0.02 | −$1.24 | −$0.88 | −$0.84 | −$0.74 | −$1.99 | −$1.30 | −$0.77 | — | — |
| Diluted shares (average) | — | — | 1m | 1m | 2m | 2m | 2m | 3m | 3m | 4m | 6m | 9m | 9,909m | 12m | 15m | 17m | — |
| EBITDA | −2 | −3 | −2 | −2 | −2 | −2 | −3 | −3 | −2 | −3 | −5 | −7 | −19 | −14 | −8 | −24 | −14 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 | 8 | 6 | 7 | 6 | 9 | 3 | 9 |
| Cost of revenue | 10 | 6 | 6 | 6 | 6 | 7 | 4 | 7 |
| Gross profit | 1 | 2 | 1 | 1 | −0 | 2 | −0 | 2 |
| Operating income | 1 | −5 | −16 | −4 | −5 | −3 | −7 | −3 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Provision for credit losses | −0 | −0 | 0 | 0 | −0 | 0 | 2 | 0 |
| Income before tax | 1 | −5 | −16 | — | — | — | — | — |
| Net income | 1 | −5 | −16 | −4 | −5 | −2 | −7 | −3 |
| Diluted EPS | $0.09 | −$0.31 | −$1.04 | −$0.28 | −$0.28 | — | — | — |
| EBITDA | 2 | −4 | −15 | −4 | −4 | −2 | −6 | −2 |
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