Beam Global (BEEM) shares jumped Wednesday after the company announced its preliminary fourth-quarter revenue numbers, and the market clearly liked what it saw. This is one of those rare days when a stock climbs while the broader market slumps. The S&P 500 dropped 0.44% in the previous session and the Nasdaq fell 0.66%, but Beam Global was doing its own thing entirely.
The Numbers Behind the Rally
Here's what got investors excited: Beam Global said preliminary fourth-quarter 2025 revenue rose more than 50% from the prior quarter. That's the company's strongest quarterly showing since the third quarter of 2024. The growth came from three main drivers: new product launches, expansion into international markets, and increased sales to commercial customers.
The international story is particularly interesting. About half of fourth-quarter revenue came from international sales, which shows the company is building a legitimate global presence. Meanwhile, non-government commercial revenues accounted for roughly 84% of the quarter. That's a significant shift for a company that historically leaned heavily on U.S. federal government contracts.
Then there's the product mix angle. Non-EV ARC products represented approximately 70% of fourth-quarter revenue, meaning the gains weren't just from one product line. The company is diversifying beyond its traditional EV charging business. Beam also noted that EV ARC sales increased in Europe, supporting its international expansion strategy.
What the CEO is Saying
CEO Desmond Wheatley emphasized that Beam Global has evolved beyond being just an EV charging infrastructure provider. The company now offers solutions tied to energy security, smart city infrastructure, and battery systems for drones and robots, plus products supporting AI-related devices. Wheatley also highlighted the company's push into new markets in the Middle East and Europe.
On the challenges and opportunities ahead, Wheatley said: "2025 was a challenging year as the new administration paused the electrification of the federal fleet but Beam Global transitioned from U.S. government generated revenues to a truly global footprint with an expansive product portfolio which provides what businesses, governments and the defense industry need most – reliable, scalable and robust sources of energy delivered by unique and patented products. We grew Q4 revenues by 50% by selling new products into new markets. That's the blueprint for 2026 and we aim to continue to deliver on it."