Beam global announces second quarter 2025 operating results
San diego, aug. 14, 2025 (globe newswire) -- beam global, (nasdaq: beem), (the “company”), a leading provider of innovative and sustainable infrastructure solutions for the electrification of transportation, energy security and smart city infrastructure, today announced its second quarter results for the period ended june 30, 2025. financial highlights 12% revenue increase from q1 2025 to q2 2025 60% of revenues from non-government commercial entities ytd june 30, 2025 37% of revenues from international operations ytd june 30, 2025 positive gaap gross margin 20% for q2 2025, a 4-percentage point increase over q2 2024 adjusted non-gaap gross margin, net of non-cash costs 30% for q2 2025, a 12-percentage point increase over q2 2024 operating costs reduced by $1.2 million in q2 2025 compared to q2 2024 backlog of $7m debt free and $100 million line of credit available and unused recent operational highlights formed beam middle east llc, a 50/50 joint venture with platinum group uae, to sell and manufacture beam's patented products across the middle east and africa, headquartered in masdar city, abu dhabi shipped beam global products to arizona, california, colorado, district of columbia, massachusetts, michigan, new mexico, texas, washington, alberta, ohio, quebec, illinois, alabama and internationally to serbia, romania, croatia, montenegro and bosnia expanded into romania with first ev arc™ sales through our romanian reselling agent, seltis glass design srl received sustainability award for innovation in infrastructure at the 2025 romanian mayors congress in bucharest, romania distribution agreement with luminoux flux in zagreb, marking beam's strategic entry into the croatian market distribution agreement with amps energy ag, marking beam's strategic entry into the dach region (germany, austria, and switzerland) 530 kw solar installation at beam europe to power its production operations, boosting energy efficiency, lowering costs, and reducing reliance on external sources opened a new office in belgrade, serbia, featuring ev arc™ and beambike™ installations on campus ess business gained three major new customers, including a fortune 500 automotive company further ess expansion with defense customers, securing contracts totaling $2.5 million in sales, scheduled to be recognized as revenue by the end of 2025 “the second quarter of 2025 was a quarter in which beam global successfully executed on another very significant expansion of our global market presence through the creation of beam middle east.
