Beam Global Q2 2026 revenue $8.6M (+174% QoQ), net loss $3.1M; backlog $5.4M

Beam Global

Revenue $8.6M, up 174% vs Q1 and 21% YoY; backlog $5.4M; no debt, $100M unused credit line.
Gross margin 17.8% (26.2% ex-D&A); net loss narrowed to $3.1M ($0.14/sh) from $4.3M YoY.
OpEx cut to $4.5M from $5.9M; $1.6M credit loss provision on one customer, still collecting.
Europe now 47% of Q2 revenue (48% H1); manufacturing moved to Yuma, AZ saving $2.7M rent.
Received >$0.5M drone/robotics battery orders; patents for battery and wind-solar systems.

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