Beam Global ( (BEEM) ) has released its Q3 earnings. Here is a breakdown of the information Beam Global presented to its investors.
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Beam Global, a leader in sustainable infrastructure solutions for transportation electrification and smart city development, has reported its third-quarter 2025 financial results. The company, known for its innovative products like EV ARC™ and BeamBike™, is expanding its reach with new offices in the Middle East and strategic deployments in various regions.
In the third quarter of 2025, Beam Global faced a significant revenue decline, reporting $5.8 million compared to $11.5 million in the same period of 2024, primarily due to unfavorable order timing. Despite this, the company saw a shift in revenue sources, with 82% coming from non-government commercial entities, up from 48% in the previous year. International operations also contributed 39% to the total revenues for the first nine months of 2025, reflecting Beam Global’s growing global presence.
The company’s gross margin for the quarter was negative, at -1%, but adjusted non-GAAP gross margin showed improvement at 13%. Operating expenses, excluding non-cash items, decreased by $1.5 million compared to the previous year, demonstrating cost efficiencies. Beam Global remains debt-free with a $100 million line of credit available, positioning it well for future growth.
Looking ahead, Beam Global is optimistic about its strategic expansion into the Middle East, a region poised for substantial investment in sustainable infrastructure. The company is focused on leveraging its advanced battery technology and scalable charging solutions to capture new market opportunities, particularly in the rapidly growing electric bicycle segment. Management remains committed to executing pending orders and capitalizing on its expanded product portfolio and geographic footprint.