Beam Global

Beam Global reported an adjusted loss of $0.14 per share and revenue of $8.6 million for Q2, both better than consensus estimates. Revenue rose 174% sequentially and 21% year over year; the company is debt-free and has an unused $100 million credit line. Management highlighted growth in drone batteries, defense applications, data-center power solutions and charging for autonomous vehicles; production was moved to Yuma to reduce costs. The stock rose 5.22% in regular trading and a further 15% after hours; however, margins remain below year-ago levels and the company continues to report a net loss. » More on de.investing.com

Beam Global has received a follow-up order from the city of Dallas for ten off-grid, solar-powered EV ARC charging systems, which are scheduled for installation in the third quarter and will charge the city’s electric vehicle fleet. It is the fourth separate order of EV ARC systems for Dallas since April 2025 and was placed through the U.S. General Services Administration Multiple Award Schedule contract. The systems operate without a grid connection or construction work and generate and store their own renewable power. » More on de.investing.com

Beam Global reports preliminary, unaudited revenues of over $8.5 million in Q2 2026, up about 170% from Q1 and more than 20% versus Q2 2025. Revenues came mainly from the EV ARC product and battery systems for drones, defense applications, AI robotics, wildfire detection, storage solutions and off-grid charging infrastructure; sales were made in the Middle East for the first time and European expansion continued. Preliminary GAAP gross margin improved to about 15–18% versus 10.4% over the last twelve months, which the company attributes to higher volumes and cost reductions. Beam is relocating production to Yuma, Arizona, expects lower rental costs and plans to file the full quarterly report (10-Q) by no later than August 14, 2026; market capitalization ~ $24.87 million and the stock is near its 52-week low. » More on de.investing.com