Beam Global is an innovative clean technology enterprise focused on the creation, development, production, and sale of sustainably powered products. These solutions ...
Beam Global, formerly Envision Solar International, is a San Diego-based clean technology innovator founded in 2006. The company designs and manufactures sustainable infrastructure products, notably the EV ARC, an autonomous solar-powered EV charging station, and the Solar Tree DCFC, a fast-charging system. It also develops solutions for outdoor advertising and ...Beam Global, formerly Envision Solar International, is a San Diego-based clean technology innovator founded in 2006. The company designs and manufactures sustainable infrastructure products, notably the EV ARC, an autonomous solar-powered EV charging station, and the Solar Tree DCFC, a fast-charging system. It also develops solutions for outdoor advertising and power reliability, with products like the EV ARC DCFC and upcoming UAV ARC for drone charging. With 220 employees globally, the company operates in the U.S., Serbia, and the UAE, serving the growing demand for renewable energy and EV infrastructure. Financially, Beam Global has a market cap of ~$25.8 million, with revenues per share of $1.22 but negative profitability metrics (net margin -73.2%, ROE -73.5%). The company focuses on innovation and expanding its global footprint, aiming to lead in clean mobility and sustainable energy solutions.
YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.
QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).
$28.2M
-42.8%
+173.7%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.
$-27.0M
-139.3%
+55.1%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.
+12.5%
-15.7%
+234.4%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).
-59.3%
-151.1%
+83.7%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.
-95.6%
-318.2%
+83.6%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.
$-10.9M
-260.8%
-13.0%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.
-38.6%
-530.4%
+58.7%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.
6.0%
+29.1%
+28.9%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.
1.74x
-14.7%
-1.3%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.
Operator: Good day, and welcome to the BEAM Global Second Quarter 26 Operating Results Conference Call. All participants will be in a listen-only mode. Should you need assistance, After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Lisa Potok, Chief Financial Officer. Please go ahead.
Lisa Potok: Good afternoon, and thank you for participating in BEAM Global's Second Quarter 26 Operating Results Conference Call. We appreciate you joining us today. Desmond Wheatley, President, CEO and Chairman of Beam Global is joining me. We are both in San Diego today. Desmond will be giving his thoughts on 2026 and providing an update on recent activities at Beam Global followed by a question and answer session. But first, I would like to remind you that during this call, management will be making forward looking statements including statements that address Beam's expectations for future performance or results. Forward looking statements involve risks and other factors that may cause actual results to differ materially from those statements. For more information about these risks, please refer to the Risk Factors described in Beam's most recently filed Form 10-K and other periodic reports filed with the SEC. The content of this call contains time sensitive information, that is accurate only as of today. 08/19/2026. Except as required by law, Beam disclaims any obligation to publicly update or revise any information to reflect events or circumstances that occur after this call. Let me start with a few key highlights. Our revenue in second quarter was 8.6 million. it is up 21% year over year 174% over the first quarter, a clear signal that the business is reaccelerating after a slow start to the year. We converted a substantial portion of our backlog into shipments during the quarter and backlog ended June at $5.4 million. We continue to operate with no debt, no going-concern qualification, and an unused $100 million line of credit. Operationally, the quarter was active. We booked more than $500 thousand in drone and autonomous robotics battery orders in a single week. We extended our federal GSA and Sourcewell with repeat EV ARC orders from Stanislaus County and the City of Long Beach. And we completed our relocation of our manufacturing operations to Yuma, Arizona. A move that we expect to generate approximately $2.7 million in rent savings alone over the 5-year lease term when compared to what we have historically spent on manufacturing in San Diego. Desmond will take you through the business in more detail in a moment. Turning to the financials. Our second quarter revenue was $8.6 million an increase of 21% compared to the $7.1 million in the second quarter of 2025. And an increase of 174% over the $3.1 million we reported in the first quarter. On gross profit, we reported $1.5 million or gross margin of 17.8%, compared to $1.4 million or 20.3% …