Beam Global Reports First Quarter 2026 Operating Results
Beam Global announced its Q1 2026 operating results showing a 51% revenue decline to $3.1 million, primarily due to order timing, seasonal slowdowns in Europe, and reduced U.S. federal EV infrastructure spending. However, the company experienced a 50% increase in backlog to $9 million and Q2 revenue through mid-May has already surpassed Q1 totals. …