Beam Global releases transcript of Q2 2026 operating results conference call
BEEM•Q2 2026 operating results
Beam Global held its Q2 2026 operating results call with CEO Desmond Wheatley and CFO Lisa Potok participating.
- Revenue rose to $8.6 million, up 21% year over year.
- Backlog ended June at $5.4 million.
- Net loss narrowed to $3.1 million, or $0.14 per share.
- Gross margin was 17.8%, with adjusted non-GAAP gross margin at 26.2%.
Operations and demand outlook
Manufacturing relocation to Yuma, Arizona was completed, with expected rent savings of about $2.7 million over the 5-year lease term.
Management highlighted growing battery demand for drones, robotics, defense, and AI data centers, citing more than $0.5 million of orders in a week.
