secwatch.observer — SEC 8-K summary
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Issuer:     Beam Global (BEEM)
CIK:        0001398805
Form:       8-K
Filed at:   2026-04-09T23:59:59+00:00
Accession:  0001437749-26-011917
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beam Global FY2025 revenue down 43% to $28.2M; Q4 revenue up 7% YoY, commercial mix shifts
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- FY2025 revenue $28.2M vs $49.3M in 2024; Q4 2025 revenue $9.0M, up 7% YoY and 56% QoQ.
- GAAP net loss before tax $27.4M; non-GAAP loss $9.5M vs $8.6M in prior year.
- Non-GAAP gross margin improved to 23% from 21%; operating expenses (ex-non-cash) down 17% YoY.
- Backlog $9.0M at March 31, 2026; no debt, $100M unused credit line.
- Commercial revenue grew to 72% of total from 38% in 2024, offsetting federal EV order halt.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1398805/000143774926011917/0001437749-26-011917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1398805/000143774926011917/beem20260409_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-011917

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