Beam Global Q2 2025 Earnings: Revenue at $7.1 Million, EPS of -$0.28 Beats Estimates

Beam Global Q2 2025 earnings report shows revenue of $7.1 million, beating estimates, and EPS of -$0.28, exceeding estimates. The company's gross profit was $1.4 million, with a non-GAAP gross margin of 30%. Beam Global expanded its operations in Europe and Middle East, securing new distribution agreements and forming a joint venture. Despite a net loss of $4.3 million, the company remains debt-free with a $100 million line of credit available.

Beam Global (NASDAQ: BEEM), a leading provider of renewable energy-powered electric vehicle charging and energy storage solutions, released its Q2 2025 earnings report on August 14, 2025. The company reported GAAP revenue of $7.1 million, which beat analyst estimates of $7.25 million by 2.1%. Despite the revenue shortfall, the company's EPS of -$0.28 exceeded estimates of -$0.30 by $0.01. The company's gross profit was $1.4 million, with a non-GAAP gross margin of 30% [1].

The quarter marked significant strategic expansion for Beam Global, with the company securing new distribution agreements and forming a joint venture in the Middle East. The company also expanded its operations in Europe, securing new deployments in Romania, Croatia, and the DACH region (Germany, Austria, Switzerland) [1].

Despite a net loss of $4.3 million, the company remains debt-free with a $100 million line of credit available. The company's gross margin (GAAP) improved to 20% from 16% in Q2 2024, reflecting stronger operational controls and cost cuts. Operating expenses were cut by 17% over the prior-year quarter, landing at $5.9 million [1].

The company's revenue mix shifted significantly, with commercial clients accounting for 60% of year-to-date revenue and international sales rising to 37% of the total. The firm shipped EV ARC units and other infrastructure products to 13 U.S. states, as well as to European locations [1].

Looking ahead, investors should watch for the conversion of commercial and international backlog into recognized sales, sustained margin progress, and the ramp up of new product offerings. The company's backlog stood at $7 million as of quarter-end, with $2.5 million in ESS contracts scheduled to be recognized as revenue by the end of 2025 [1].

References:
[1] https://www.aol.com/finance/beam-global-sales-drop-52-203555096.html