The strong EPS beat and 174% sequential revenue growth signal accelerating momentum, particularly from European operations (47% of revenue). Monitor the Q3 conference call for backlog conversion and margin trajectory; the $5.4M backlog and cost relocation to Yuma provide near-term catalysts.
Price Chart
Executive Summary
Beam Global reported Q2 2026 revenue of $8.6M (+21% YoY) and GAAP EPS of -$0.14, beating consensus estimates of -$0.20 by 31.1%. The company highlighted a 174% sequential revenue increase, a $5.4M backlog, and cost reductions, though GAAP gross margin contracted to 17.8% from 20.3% a year ago.
Key Financial Metrics
Key Facts
- Q2 2026 revenue $8.6M, +21% YoY from $7.1M and +174% sequentially from $3.1M
- GAAP EPS -$0.14 vs consensus -$0.20 (31.1% beat)
- GAAP gross margin 17.8% vs 20.3% YoY; non-GAAP gross margin 26.2% vs 29.6% YoY
- Operating expenses reduced to $4.5M from $5.9M YoY (excluding $1.4M stock grant)
- Net loss improved to -$3.1M from -$4.3M YoY
- Backlog $5.4M as of June 30, 2026
- No debt; $100M unused line of credit
- International sales 47% of Q2 revenue, up from 37% YoY
Financial Impact
Revenue beat consensus by $0.4M (4.9%); EPS beat by $0.06 (31.1%)
Risk Factors
- GAAP gross margin contraction to 17.8% from 20.3% YoY
- $2.8M allowance for credit losses on a single customer balance
- Dependence on non-recurring government contracts (38% of revenue)
- High share dilution: weighted average shares up 41% YoY to 21.9M
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3347976 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | Press Release | $0.9090 | awaiting T+60 | — | $0.8920 (−1.87%) |
Oct 15, 2026 12d ago | 8-K | $0.8928 | awaiting T+60 | — | $0.8920 (−0.09%) |
Oct 15, 2026 12d ago | Press Release | $0.9594 | awaiting T+60 | — | $0.8920 (−7.03%) |
Oct 13, 2026 14d ago | Press Release | $1.04 | awaiting T+60 | — | $0.8920 (−13.82%) |
Oct 7, 2026 20d ago | 8-K | $1.08 | awaiting T+60 | — | $0.8920 (−17.41%) |
Oct 1, 2026 26d ago | Press Release | $1.13 | awaiting T+60 | — | $0.8920 (−21.06%) |
Sep 22, 2026 5w ago | 8-K | $1.28 | awaiting T+60 | — | $0.8920 (−30.31%) |
Sep 22, 2026 5w ago | Press Release | $1.28 | awaiting T+60 | — | $0.8920 (−30.31%) |
Sep 17, 2026 5w ago | Press Release | $1.35 | awaiting T+60 | — | $0.8920 (−33.93%) |
Aug 19, 2026 9w ago | Press Release | $1.36 | awaiting T+60 | — | $0.8920 (−34.41%) |
US Market Status
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