Beam Global Q2 FY26 gross profit drops 7.39% to $1.5 million; revenue rises 21% to $8.6 million - BEEM News | RalliesBeam Global Q2 FY26 gross profit drops 7.39% to $1.5 million; revenue rises 21% to $8.6 million
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BEEM• Quarterly results and backlog
- Beam Global posted Q2 revenue up 21% to USD 8.6 million, while six-month revenue fell 13% to USD 11.7 million.
- Q2 gross profit rose to USD 1.5 million, though gross margin narrowed 2.5 percentage points to 17.8%.
- Six-month gross profit dropped to USD 1.1 million, pushing gross margin down 4.9 percentage points to 9.5%.
- Backlog slid to about USD 5.4 million at June 30 from USD 9 million at March 31.
- Management cited order timing for the six-month revenue decline, while expecting gross margins to improve as revenue grows and fixed costs absorb.
