Beam Global (BEEM) Revenue & Revenue Breakdown


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Beam Global Revenue Highlights


Latest Revenue (Y)

$67.35M

Latest Revenue (Q)

$14.81M

Main Segment (Y)

Product

Main Geography (Y)

Product

Beam Global Revenue by Period


Beam Global Revenue by Year

DateRevenueChange
2023-12-31$67.35M206.22%
2022-12-31$22.00M144.33%
2021-12-31$9.00M44.96%
2020-12-31$6.21M21.49%
2019-12-31$5.11M-17.05%
2018-12-31$6.16M336.42%
2017-12-31$1.41M-49.23%
2016-12-31$2.78M5.26%
2015-12-31$2.64M155.67%
2014-12-31$1.03M267.75%
2013-12-31$281.01K-61.07%
2012-12-31$721.84K-68.66%
2011-12-31$2.30M562.88%
2010-12-31$347.45K100.00%
2009-12-31--100.00%
2008-12-31$2.42M100.00%
2007-12-31--

Beam Global generated $67.35M in revenue during NA 2023, up 206.22% compared to the previous quarter, and up 1092.97% compared to the same period a year ago.

Beam Global Revenue by Quarter

DateRevenueChange
2024-06-30$14.81M1.72%
2024-03-31$14.56M-27.30%
2023-12-31$20.03M21.48%
2023-09-30$16.49M-7.48%
2023-06-30$17.82M36.86%
2023-03-31$13.02M64.89%
2022-12-31$7.90M19.44%
2022-09-30$6.61M77.81%
2022-06-30$3.72M-1.38%
2022-03-31$3.77M8.08%
2021-12-31$3.49M72.62%
2021-09-30$2.02M-4.74%
2021-06-30$2.12M54.55%
2021-03-31$1.37M-37.63%
2020-12-31$2.20M77.82%
2020-09-30$1.24M-14.96%
2020-06-30$1.46M10.49%
2020-03-31$1.32M165.60%
2019-12-31$495.88K-72.23%
2019-09-30$1.79M8.86%
2019-06-30$1.64M37.89%
2019-03-31$1.19M-20.89%
2018-12-31$1.50M60.27%
2018-09-30$938.22K11.10%
2018-06-30$844.50K-70.64%
2018-03-31$2.88M833.46%
2017-12-31$308.10K36.61%
2017-09-30$225.52K-55.58%
2017-06-30$507.73K36.97%
2017-03-31$370.69K-76.45%
2016-12-31$1.57M201.30%
2016-09-30$522.41K54.15%
2016-06-30$338.89K-2.03%
2016-03-31$345.92K-72.91%
2015-12-31$1.28M91.97%
2015-09-30$665.25K11.02%
2015-06-30$599.22K495.35%
2015-03-31$100.65K-41.29%
2014-12-31$171.43K-27.85%
2014-09-30$237.60K-43.66%
2014-06-30$421.75K108.11%
2014-03-31$202.66K369.07%
2013-12-31$43.20K-45.99%
2013-09-30$80.00K3405.70%
2013-06-30$2.28K-98.53%
2013-03-31$155.53K49.53%
2012-12-31$104.01K-47.29%
2012-09-30$197.32K76.50%
2012-06-30$111.79K-63.79%
2012-03-31$308.71K-75.01%
2011-12-31$1.24M147.43%
2011-09-30$499.31K66.50%
2011-06-30$299.90K11.70%
2011-03-31$268.49K50.53%
2010-12-31$178.37K100.00%
2010-09-30--100.00%
2010-06-30$6.46K-96.03%
2010-03-31$162.63K100.00%
2009-12-31-100.00%
2009-09-30-100.00%
2009-06-30-100.00%
2009-03-31-100.00%
2008-12-31-100.00%
2008-09-30-100.00%
2008-06-30-100.00%
2008-03-31-100.00%
2007-09-30--

Beam Global generated $14.81M in revenue during Q2 2024, up 1.72% compared to the previous quarter, and up 113.76% compared to the same period a year ago.

Beam Global Revenue Breakdown


Beam Global Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 21Dec 20Dec 19Dec 18
Product$65.15M$8.57M---
Shipping and Handling$2.31M$319.35K---
Professional Services$146.00K$57.51K$6.92K$10.57K-
Maintenance$83.00K$44.07K---
Service, Other-$98.13K---
Product Sales--$6.13M$5.09M$6.14M
Maintenance Fees--$30.96K$13.05K$7.58K

Beam Global's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (96.25%), Shipping and Handling (3.41%), Professional Services (0.22%), and Maintenance (0.12%).

Quarterly Revenue by Product

Product/ServiceJun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
Product$13.98M$13.57M$35.24M$17.10M$12.81M$20.35M$6.27M$3.19M$3.56M$3.37M$1.97M$1.98M--------
Professional Services$357.00K$65.00K$3.75K$36.47K$-3.96K$14.53K--------------
Shipping and Handling$549.00K$978.00K$1.29M$804.00K$216.00K$1.14M$288.00K$114.00K$181.00K$105.24K$28.99K$86.30K$98.82K-------
Maintenance$26.00K$27.00K$49.00K$18.00K$16.00K$53.00K$17.00K$9.00K$11.00K$10.62K$10.84K$11.37K--------
Service, Other---$24.00K$36.00K$527.00K$60.00K$405.00K$26.00K$23.69K$17.91K$52.77K--------
Maintenance Fees------------$11.24K$-22.40K$37.60K$3.68K$4.62K---
Product Sales------------$1.27M$1.22M$1.42M$1.30M$484.33K---
Maintenance fees-----------------$3.54K$2.76K$2.13K
Product sales-----------------$1.78M$1.64M$1.19M

Beam Global's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Product (93.75%), Shipping and Handling (3.68%), Professional Services (2.39%), and Maintenance (0.17%).

Beam Global Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 21Dec 20Dec 19Dec 18
Maintenance$44.07K---
Product$8.57M---
Service, Other$98.13K---
Shipping and Handling$319.35K---
Professional Services-$57.51K$6.92K$10.57K
Maintenance Fees-$30.96K$13.05K$7.58K
Product Sales-$6.13M$5.09M$6.14M

Beam Global's latest annual revenue breakdown by geography, as of Dec 21: Product (94.89%), Shipping and Handling (3.53%), Service, Other (1.09%), and Maintenance (0.49%).

Quarterly Revenue by Country

CountryMar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Dec 18Sep 18Jun 18
Shipping and Handling$216.00K$1.14M$288.00K$114.00K$181.00K$105.24K$28.99K$86.30K$98.82K----------
Service, Other$36.00K$527.00K$60.00K$405.00K$26.00K$23.69K$17.91K$52.77K-----------
Maintenance$16.00K$53.00K$17.00K$9.00K$11.00K$10.62K$10.84K$11.37K$1.89K$3.79K---------
Product$12.81M$20.35M$6.27M$3.19M$3.56M$3.37M$1.97M$1.98M$936.33K$3.71M---------
Maintenance Fees--------$11.24K$-22.40K$37.60K$3.68K$4.62K$1.89K-----
Product Sales--------$1.27M$1.22M$1.42M$1.30M$484.33K$1.50M-----
Professional Services--------$3.75K$36.47K$-3.96K$14.53K-----$10.57K-
Maintenance fees-------------$3.54K$2.76K$2.13K---
Product sales-------------$1.78M$1.64M$1.19M---

Beam Global's latest quarterly revenue breakdown by geography, as of Mar 23: Product (97.95%), Shipping and Handling (1.65%), Service, Other (0.28%), and Maintenance (0.12%).

Beam Global Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
JKSJinkoSolar$118.68B$23.04B
CSIQCanadian Solar$7.61B$1.33B
FSLRFirst Solar$3.32B$1.01B
SEDGSolarEdge$2.98B$204.40M
NXTNextracker$2.50B$719.92M
RUNSunrun$2.26B$458.19M
SPWRSunPower$1.69B$356.90M
MAXNMaxeon Solar$1.12B$187.46M
NOVASunnova Energy$720.65M$219.60M
SHLSShoals Technologies Group$488.94M$99.25M
SOLReneSola$104.67M$30.06M
BEEMBeam Global$67.35M$14.81M
ISUNiSun$1.71M$25.41M

BEEM Revenue FAQ


Beam Global's yearly revenue for 2023 was $67.35M, representing an increase of 206.22% compared to 2022. The company's yearly revenue for 2022 was $22M, representing an increase of 144.33% compared to 2021. BEEM's yearly revenue for 2021 was $9M, representing an increase of 44.96% compared to 2020.

Beam Global's quarterly revenue for Q2 2024 was $14.81M, a 1.72% increase from the previous quarter (Q1 2024), and a -16.88% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $14.56M, a -27.30% decrease from the previous quarter (Q4 2023), and a 11.84% increase year-over-year (Q1 2023). BEEM's quarterly revenue for Q4 2023 was $20.03M, a 21.48% increase from the previous quarter (Q3 2023), and a 153.65% increase year-over-year (Q4 2022).

Beam Global's revenue growth rate for the last 3 years (2021-2023) was 648.20%, and for the last 5 years (2019-2023) was 1217.66%.

Beam Global's revenue streams in c 23 are Product, Shipping and Handling, Professional Services, and Maintenance. Product generated $65.15M in revenue, accounting 96.25% of the company's total revenue, up 659.87% year-over-year. Shipping and Handling generated $2.31M in revenue, accounting 3.41% of the company's total revenue, up 622.71% year-over-year. Professional Services generated $146K in revenue, accounting 0.22% of the company's total revenue, up 153.89% year-over-year. Maintenance generated $83K in revenue, accounting 0.12% of the company's total revenue, up 88.35% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Beam Global was Product. This segment made a revenue of $65.15M, representing 96.25% of the company's total revenue.