TLDR
- Beam Global reported preliminary Q4 2025 revenue up over 50% from Q3, marking the best quarter since Q3 2024
- International sales made up roughly 50% of revenue, while non-government commercial customers represented 84% of sales
- Products beyond the ARC EV charging system comprised approximately 70% of quarterly revenue
- Stock jumped 27.7% to $2.26 in premarket trading Wednesday following the announcement
- Audited financial results expected by March 31, 2026
Beam Global shares surged in premarket trading Wednesday after the company reported preliminary fourth-quarter revenue growth exceeding 50% compared to the previous quarter. The stock climbed 27.7% to $2.26 before the opening bell.
The San Diego-based company said the quarter represented its strongest performance since the third quarter of 2024. Beam plans to release audited financial results by March 31, 2026.
CEO Desmond Wheatley attributed the growth to diversification efforts. “We grew Q4 revenues by 50% by selling new products into new markets,” he said in a statement.
The revenue mix showed a shift away from traditional government contracts. Non-government commercial customers accounted for about 84% of fourth-quarter sales.
International business drove roughly half of quarterly revenue. The geographic expansion marks a change for a company that previously relied heavily on U.S. federal contracts.
Product Mix Expands Beyond Core Offering
Products other than the company’s ARC EV charging system made up approximately 70% of fourth-quarter revenue. The company did note that EV ARC sales increased in Europe during the period.
Beam develops off-grid EV charging systems, energy storage products, and smart city infrastructure. The off-grid approach appeals to customers seeking to avoid construction costs and grid upgrades.
Wheatley acknowledged the company faced headwinds in 2025. “2025 was a challenging year, as the new administration paused the electrification of the federal fleet,” he said.
The pause forced Beam to pivot from its legacy government customer base. The company responded by introducing new products, expanding internationally, and building out sales teams focused on commercial clients.
Stock Performance and Market Context
Shares closed at $1.77 on Tuesday before the premarket rally. Even with Wednesday’s gain, the stock remains down about 40% over the past year.
The company’s market value stood at roughly $34 million at Tuesday’s close. Beam maintains facilities in Illinois, Serbia, and the United Arab Emirates in addition to its San Diego headquarters.
Investors are treating the preliminary figures with some caution. The numbers could shift once auditors complete their review.
Revenue growth also doesn’t guarantee profitability or positive cash flow. Traders will be watching the March filing for details on margins and cash burn.
The quarter-to-quarter nature of Beam’s business can create lumpy results. Order timing and backlog details in the audited report will help clarify whether the momentum can continue.
The early revenue disclosure comes as investors push smaller clean-tech companies for steadier order flow and cleaner revenue mix. Beam’s update addressed both concerns with its commercial customer split and international expansion.
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