Beam Global (BEEM) Revenue & Revenue Breakdown

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Beam Global Revenue Highlights

Latest Revenue (Y)

$67.35M

Latest Revenue (Q)

$11.48M

Main Segment (Y)

Product

Main Geography (Y)

Product

Beam Global Revenue by Period

Beam Global Revenue by Year

Date	Revenue	Change
2023-12-31	$67.35M	206.22%
2022-12-31	$22.00M	144.33%
2021-12-31	$9.00M	44.96%
2020-12-31	$6.21M	21.49%
2019-12-31	$5.11M	-17.05%
2018-12-31	$6.16M	336.42%
2017-12-31	$1.41M	-49.23%
2016-12-31	$2.78M	5.26%
2015-12-31	$2.64M	155.67%
2014-12-31	$1.03M	267.75%
2013-12-31	$281.01K	-61.07%
2012-12-31	$721.84K	-68.66%
2011-12-31	$2.30M	562.88%
2010-12-31	$347.45K	100.00%
2009-12-31	-	-100.00%
2008-12-31	$2.42M	100.00%
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

Date	Revenue	Change
2024-09-30	$11.48M	-22.48%
2024-06-30	$14.81M	1.72%
2024-03-31	$14.56M	-27.30%
2023-12-31	$20.03M	21.48%
2023-09-30	$16.49M	-7.48%
2023-06-30	$17.82M	36.86%
2023-03-31	$13.02M	64.89%
2022-12-31	$7.90M	19.44%
2022-09-30	$6.61M	77.81%
2022-06-30	$3.72M	-1.38%
2022-03-31	$3.77M	8.08%
2021-12-31	$3.49M	72.62%
2021-09-30	$2.02M	-4.74%
2021-06-30	$2.12M	54.55%
2021-03-31	$1.37M	-37.63%
2020-12-31	$2.20M	77.82%
2020-09-30	$1.24M	-14.96%
2020-06-30	$1.46M	10.49%
2020-03-31	$1.32M	165.60%
2019-12-31	$495.88K	-72.23%
2019-09-30	$1.79M	8.86%
2019-06-30	$1.64M	37.89%
2019-03-31	$1.19M	-20.89%
2018-12-31	$1.50M	60.27%
2018-09-30	$938.22K	11.10%
2018-06-30	$844.50K	-70.64%
2018-03-31	$2.88M	833.46%
2017-12-31	$308.10K	36.61%
2017-09-30	$225.52K	-55.58%
2017-06-30	$507.73K	36.97%
2017-03-31	$370.69K	-76.45%
2016-12-31	$1.57M	201.30%
2016-09-30	$522.41K	54.15%
2016-06-30	$338.89K	-2.03%
2016-03-31	$345.92K	-72.91%
2015-12-31	$1.28M	91.97%
2015-09-30	$665.25K	11.02%
2015-06-30	$599.22K	495.35%
2015-03-31	$100.65K	-41.29%
2014-12-31	$171.43K	-27.85%
2014-09-30	$237.60K	-43.66%
2014-06-30	$421.75K	108.11%
2014-03-31	$202.66K	369.07%
2013-12-31	$43.20K	-45.99%
2013-09-30	$80.00K	3405.70%
2013-06-30	$2.28K	-98.53%
2013-03-31	$155.53K	49.53%
2012-12-31	$104.01K	-47.29%
2012-09-30	$197.32K	76.50%
2012-06-30	$111.79K	-63.79%
2012-03-31	$308.71K	-75.01%
2011-12-31	$1.24M	147.43%
2011-09-30	$499.31K	66.50%
2011-06-30	$299.90K	11.70%
2011-03-31	$268.49K	50.53%
2010-12-31	$178.37K	100.00%
2010-09-30	-	-100.00%
2010-06-30	$6.46K	-96.03%
2010-03-31	$162.63K	100.00%
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 $11.48M in revenue during Q3 2024, up -22.48% compared to the previous quarter, and up 64.44% compared to the same period a year ago.

Beam Global Revenue Breakdown

Beam Global Revenue Breakdown by Product

Annual Revenue by Product

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

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/Service	Sep 24	Jun 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19
Product	$10.67M	$13.98M	$13.57M	$35.24M	$17.10M	$12.81M	$20.35M	$6.27M	$3.19M	$3.56M	$3.37M	$1.97M	$1.98M	-	-	-	-	-	-	-
Shipping and Handling	$484.00K	$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	$32.00K	$26.00K	$27.00K	$49.00K	$18.00K	$16.00K	$53.00K	$17.00K	$9.00K	$11.00K	$10.62K	$10.84K	$11.37K	-	-	-	-	-	-	-
Professional Services	$332.00K	$357.00K	$65.00K	$3.75K	$36.47K	$-3.96K	$14.53K	-	-	-	-	-	-	-	-	-	-	-	-	-
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
Product sales	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.78M	$1.64M

Beam Global's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (92.64%), Shipping and Handling (4.20%), Professional Services (2.88%), and Maintenance (0.28%).

Beam Global Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 21	Dec 20	Dec 19	Dec 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

Country	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Dec 18	Sep 18	Jun 18
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	-	-	-	-	-	-	-	-	-
Shipping and Handling	$216.00K	$1.14M	$288.00K	$114.00K	$181.00K	$105.24K	$28.99K	$86.30K	$98.82K	-	-	-	-	-	-	-	-	-	-
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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
JKS	JinkoSolar	$118.68B	$23.04B
CSIQ	Canadian Solar	$7.61B	$1.33B
FSLR	First Solar	$3.32B	$887.67M
SEDG	SolarEdge	$2.98B	$265.40M
NXT	Nextracker	$2.50B	$635.57M
RUN	Sunrun	$2.26B	$537.17M
MAXN	Maxeon Solar	$1.12B	$187.46M
NOVA	Sunnova Energy	$720.65M	$235.29M
SHLS	Shoals Technologies Group	$488.94M	$99.25M
SOL	ReneSola	$104.67M	$12.86M
BEEM	Beam Global	$67.35M	$11.48M

BEEM Revenue FAQ

What is Beam Global’s yearly revenue?

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.

What is Beam Global’s quarterly revenue?

Beam Global's quarterly revenue for Q3 2024 was $11.48M, a -22.48% decrease from the previous quarter (Q2 2024), and a -30.35% decrease year-over-year (Q3 2023). The company'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). BEEM'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).

What is Beam Global’s revenue growth rate?

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%.

What are Beam Global’s revenue streams?

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

What is Beam Global’s main source of revenue?

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.