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Beam Global (BEEM) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 15, 2025

Beam Global (BEEM) reported revenue of $6.3M for the first quarter 2025 (Q1 2025), -57% from a year earlier and -25% from the quarter before. Operating margin was -245.8%, net loss $15.5M (245.5% of revenue).

Revenue$6.3M
Year over year-57%
Quarter over quarter-25%
Operating margin-245.8%
Net earnings−$15.5M

Beam Global, Q1 2025: revenue $6.3M (-57% year over year), operating margin -245.8%, net loss $15.5M, operating cash flow −$1.8M. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$6.3M-25%-57%
Operating profit−$15.5M——
Net earnings−$15.5M——
Operating cash flow−$1.8M-305%—

What changed

Revenue was $6.3M in Q1 2025, down 57% year over year and down 25% from the previous quarter.

Gross margin was 7.9%, down 2.2 points from a year earlier. Operating costs exceeded revenue by $15.5M, an operating margin of -245.8%. Operating expenses grew 254% against a revenue fall of 57%. The quarter ended with a net loss of $15.5M, wider than the previous quarter's $4.6M loss.

Operating cash flow was −$1.8M. Non-cash charges added back $1.0M of depreciation and amortization and $521K of share-based compensation. Working capital and other items added $12.3M. Capital expenditures of $54K exceeded it, leaving free cash flow of −$1.8M.

Questions

What was Beam Global's revenue in the first quarter 2025?

Beam Global (BEEM) reported revenue of $6.3M for the first quarter 2025 (Q1 2025), -57% from a year earlier and -25% from the quarter before.

Was Beam Global profitable in the first quarter 2025?

Operating loss was $15.5M (-245.8% of revenue) and net loss $15.5M.

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Source: Beam Global 10-Q on SEC EDGAR.