Beam Global Q4 Revenue Rises 56% to $9M with $2.3M Loss
Beam Global posted Q4 revenue of $9M with a $2.3M loss (7¢/share), driving full-year revenue to $28.2M alongside a $27M net loss ($1.61/share). The company grew commercial revenue to 72% in 2025, built a $6M order backlog, launched a Middle East joint venture and remains debt-free with $100M credit line.
1. Q4 Financial Results
Beam Global reported $9 million in revenue for Q4 2025 and a net loss of $2.3 million, or $0.07 per share, compared with prior quarter results.
2. Full-Year 2025 Performance
For the full year, revenue totaled $28.2 million versus $49.3 million in 2024, with a net loss of $27 million, or $1.61 per share. GAAP gross margin was 13%, while non-GAAP margin rose to 23% after excluding $3 million in non-cash depreciation and amortization.
3. Strategic and Operational Developments
Commercial revenue share climbed to 72% from 38% in 2024, and backlog stood at $6 million at year-end (rising to $9 million by March 31, 2026). The company formed a 50/50 joint venture in Abu Dhabi, launched autonomous charging and e-bike sharing solutions, added new patents, operates debt-free and holds a $100 million unused credit line.