Loading...
•
Sep 30
Beam Q3 2025 Earnings Report
Beam reported a net loss and a significant drop in revenue during Q3 2025 due to unfavorable order timing.
Key Takeaways
Beam Global experienced a 50% year-over-year revenue decline in Q3 2025, primarily due to delayed orders. The company maintained positive gross margin on a non-GAAP basis and continued expansion efforts, especially in the Middle East, while remaining debt-free.
Revenue declined to $5.8 million, down 50% from Q3 2024.
Reported net loss of $4.9 million versus $1.3 million net income in Q3 2024.
Non-GAAP gross margin was 13% despite a GAAP gross loss.
82% of Q3 revenue came from non-government commercial entities, showing strong diversification.
Beam
Beam
Beam Revenue by Segment
Beam Revenue by Geographic Location
Revenue by Segment
Commercial Revenue
CapyFin.comRevenue by Geographic Location
International Revenue
CapyFin.com Forward Guidance
Beam expects future revenue growth through international expansion, increased demand for its scalable EV infrastructure, and the addition of new product lines like BeamBike™ and BeamFlight™.
Positive Outlook
- Expansion into the Middle East opens high-investment markets.
- BeamBike™ deployments showing strong early traction.
- High demand for scalable, construction-free EV charging infrastructure.
- Valuable patents granted, increasing competitive moat.
- Beam remains debt-free with sufficient working capital.
Challenges Ahead
- Unfavorable order timing impacted Q3 revenue significantly.
- Continued fixed overhead pressure during lower revenue periods.
- GAAP gross loss due to depreciation/amortization.
- Net loss widened significantly year-over-year.
- Cash decreased to $3.3 million from $4.6 million at year-end 2024.