Beam Global
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $28.2M | $49.3M | $67.4M | $22.0M | $9.0M |
| Cost of revenue | $24.7M | $42.0M | $66.1M | $23.7M | $10.0M |
| Gross profit | $3.5M | $7.3M | $1.2M | -$1.7M | -$972,000 |
| Research and development | $600,000 | $1.8M | $2.3M | $1.2M | $400.0M |
| Operating expenses | — | $19.0M | $17.5M | $18.0M | $5.6M |
| Operating income | -$27.5M | -$11.7M | -$16.3M | -$19.7M | -$6.6M |
| Interest expense | $26,000 | $34,000 | $12,000 | $1,000 | $1,000 |
| Pretax income | -$27.4M | -$11.4M | -$16.0M | -$19.7M | -$6.6M |
| Income tax expense | -$406,000 | -$94,000 | $12,000 | $2,000 | $1,000 |
| Net income | -$27.0M | -$11.3M | -$16.1M | -$19.7M | -$6.6M |
| Balance Sheet | |||||
| Cash and equivalents | $969,000 | $4.6M | — | — | — |
| Current assets | $21.0M | $27.1M | $40.7M | $19.9M | $27.6M |
| Total assets | $42.7M | $61.5M | $77.6M | $37.7M | $30.7M |
| Current liabilities | $12.1M | $13.3M | $16.9M | $13.2M | $3.0M |
| Total liabilities | $17.9M | $20.2M | $28.1M | $14.5M | $4.7M |
| Stockholders' equity | $24.8M | $41.3M | $49.5M | $23.2M | $26.0M |
| Cash Flow Statement | |||||
| Cash from operations | -$10.5M | -$2.2M | -$13.3M | -$18.1M | -$6.4M |
| Depreciation and amortization | $3.5M | $3.7M | $1.9M | $400,000 | $100,000 |
| Stock-based compensation | $3.0M | $3.6M | $2.7M | $2.0M | $1.2M |
| Capital expenditure | $418,000 | $828,000 | $937,000 | $872,000 | $498,000 |
| Free cash flow | -$10.9M | -$3.0M | -$14.2M | -$19.0M | -$6.9M |
| Impairments | $10.8M | $0 | $0 | — | — |
Shares outstanding 22.2M · Free float 91.0%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.