Beam Global revenue tops $8.5 million

• Beam Global reported preliminary Q2 2026 revenue above $8.5 million, rising more than 170% from Q1.
• The company estimated a preliminary GAAP gross margin of 15%–18%, supported by higher sales volumes and cost reductions.
• Beam Global plans to file its complete unaudited quarterly results on or before August 14, 2026.

Beam Global (NASDAQ:BEEM) reported preliminary Q2 2026 revenue above $8.5 million, up more than 170% sequentially and over 20% annually.

The increase followed Q1 revenue of $3.1 million and reflected growth across Europe, the Middle East and several infrastructure product categories.

Beam Global estimated a 15%–18% GAAP gross margin, although the figures remain unaudited and may change before its August 14 filing.

Beam Global said higher volumes and operating efficiencies should support future margins.

Following the announcement, Beam Global's share price was down 4.3% at $1.12 before post-announcement trading began.

Q2 revenue came from drone batteries, defence applications, robotics, wildfire detection, energy storage, EV charging and infrastructure deployments across over 30 cities.

Meanwhile, Beam Global is moving California manufacturing to Yuma, Arizona, which it said should reduce lease payments by $2.7 million over five years.