The table below shows Beam Global's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$28.24M
$49.34M
$67.35M
$22.00M
$9.00M
$6.21M
Cost of revenue
$24.71M
$42.04M
$66.15M
$23.66M
$9.97M
$6.92M
Gross profit
$3.52M
$7.30M
$1.20M
-$1.67M
-$972.00K
-$710.97K
R&D
$600.00K
$1.80M
$2.30M
$1.20M
$400.00M
$261.61K
BEEM annual revenue (10-K history)
Beam Global reported annual revenue of $28.24M for fiscal year 2025. That is down 42.8% from $49.34M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $2.78M (FY 2016) to $28.24M. Figures come from the company's audited annual reports as filed with the SEC.