Beam Global (NASDAQ:BEEM) Posts Earnings Results, Beats Expectations By $0.06 EPS

Posted by Stanley Muller on Aug 21st, 2026

Beam Global (NASDAQ:BEEM – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.14) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.06, FiscalAI reports. The company had revenue of $8.56 million for the quarter, compared to the consensus estimate of $8.19 million. Beam Global had a negative net margin of 64.60% and a negative return on equity of 70.53%.

Here are the key takeaways from Beam Global’s conference call:

Revenue rebounded sharply to $8.6 million in Q2, up 21% year over year and 174% sequentially, as the company converted backlog into shipments. Ending backlog was $5.4 million.
Beam is expanding beyond EV infrastructure into specialized batteries and charging systems for drones, robotics, defense applications, wildfire detection, and AI data centers. Management cited more than $500,000 of battery orders in a single week and several new patents, but did not disclose segment-level revenue.
The company remains debt-free with an unused $100 million credit facility and expects substantial cost savings from moving manufacturing to Yuma, Arizona, including roughly $2.7 million in lease savings over five years, lower labor costs, and greater in-house production.
Despite improved GAAP results, adjusted gross margin declined year over year to 26.2% from 29.6%, and adjusted net loss widened to approximately $2.0 million from $1.8 million. First-half results also included a $1.1 million non-cash provision for potential credit losses tied to one customer balance.
European sales and procurement opportunities are growing, while Middle East prospects remain delayed by regional conflict. Management expressed confidence in future large orders and recurring sponsorship revenue but provided no specific timing or financial targets.

Beam Global Price Performance

NASDAQ:BEEM opened at $1.36 on Friday. Beam Global has a 1-year low of $0.97 and a 1-year high of $4.04. The company has a current ratio of 1.47, a quick ratio of 0.67 and a debt-to-equity ratio of 0.01. The firm has a fifty day simple moving average of $1.17 and a 200 day simple moving average of $1.41. The stock has a market capitalization of $30.19 million, a PE ratio of -1.66 and a beta of 1.43.

Analyst Upgrades and Downgrades

Several brokerages have commented on BEEM. Wall Street Zen cut shares of Beam Global from a “sell” rating to a “strong sell” rating in a research report on Sunday, August 16th. Weiss Ratings cut Beam Global from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, August 12th. Zacks Research cut Beam Global from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 29th. Finally, Freedom Capital raised Beam Global from a “hold” rating to a “strong-buy” rating in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold”.

View Our Latest Analysis on BEEM

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Virtue Capital Management LLC grew its holdings in Beam Global by 1,339.7% during the fourth quarter. Virtue Capital Management LLC now owns 50,000 shares of the company’s stock worth $81,000 after purchasing an additional 46,527 shares during the period. Quadrature Capital Ltd bought a new stake in Beam Global in the fourth quarter valued at approximately $61,000. State Street Corp raised its stake in Beam Global by 17.6% in the fourth quarter. State Street Corp now owns 58,228 shares of the company’s stock valued at $87,000 after buying an additional 8,700 shares during the period. Renaissance Technologies LLC lifted its position in shares of Beam Global by 268.0% in the fourth quarter. Renaissance Technologies LLC now owns 124,000 shares of the company’s stock valued at $186,000 after buying an additional 90,300 shares during the last quarter. Finally, Two Sigma Investments LP bought a new position in shares of Beam Global during the 3rd quarter worth approximately $102,000. 26.59% of the stock is currently owned by institutional investors and hedge funds.

About Beam Global

(Get Free Report)

Beam Global (NASDAQ:BEEM) is a developer of solar-powered infrastructure solutions designed to support the transition to clean energy and electric transportation. Headquartered in California, the company specializes in producing off-grid EV charging units, solar canopy systems and energy storage solutions that can be rapidly deployed in urban, rural and remote environments. By integrating photovoltaic panels with battery storage and charging hardware, Beam Global’s products aim to reduce reliance on grid power and lower carbon emissions at charging locations.

The company’s flagship product, EV ARC, is a standalone, solar-powered electric vehicle fast-charging kiosk that requires no construction, trenching or utility upgrades.