UPDATE: Beam Global Announces Preliminary Third Quarter 2026 Revenue Growth of 8% Year Over Year, Advancing Strong Core Business for Strategic Expansion into Drone Technology
Beam sees opportunities for drone sales and recurring subscription revenue through its pending ScoutDI acquisition.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Beam Global (BEEM) announced preliminary third-quarter 2026 revenue growth of 8% year over year as it prepares to enter drone technology.
The estimate covers the quarter ended September 30, 2026, compared with the third quarter of 2025. It is unaudited and subject to change after quarter-end closing procedures and financial statement review. Beam’s pending acquisition of ScoutDI, a European drone and AI-enhanced software manufacturer, is expected to expand its offerings into additional industries and geographies.
Separately, Beam expects to file complete, unaudited second-quarter 2026 results in its Form 10-Q on or before November 16, 2026.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointPreliminary third-quarter 2026 revenue increased 8% compared with the third quarter of 2025.
- Moderate point. Forward-looking: it has not happened yet and may not happen.Planned ScoutDI expansion is expected to broaden Beam’s offerings across additional industries and geographies.
- Minor point. Forward-looking: it has not happened yet and may not happen.Drone sales and recurring subscriptions represent a growth opportunity in Beam management’s view.
Negative
- Minor pointThird-quarter revenue estimates are unaudited and subject to change after closing procedures and financial statement review.
- Minor pointScoutDI acquisition remains pending; Beam’s planned drone technology expansion is not yet completed.
Key Figures
- Revenue growth
- 8% year over year
- Preliminary, unaudited; Q3 2026 compared with Q3 2025
- Expected filing deadline
- On or before November 16, 2026
- Company said it expects to file complete unaudited Q2 2026 results in its Form 10-Q
Previous Earnings Reports
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Reported Q2 revenue rose 21% year over year, compared with preliminary Q3 growth of 8%.
-
Reported Q1 revenue declined 51% year over year before later reported Q2 growth.
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Reported Q3 revenue fell 50% year over year, the comparison quarter for current preliminary growth.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
unaudited financial
form 10-q regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
SAN DIEGO, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Beam Global (Nasdaq: BEEM), a leading provider of innovative and sustainable infrastructure solutions for energy storage and security, electrification of mobility, and smart city infrastructure, today announced preliminary, unaudited revenue for the third quarter ended September 30, 2026 with revenue increasing
These figures are preliminary and unaudited. They are estimates based on information available as of the date of this release and remain subject to change in connection with the completion of the Company's quarter-end closing procedures and the review of its financial statements.
“Our third quarter results demonstrate the strength of our core business in the U.S. and internationally and the progress we continue to make across our markets,” said Desmond Wheatley, CEO of Beam Global. “We now have what I believe will be another huge opportunity to drive growth through sales and recurring subscription revenue in the rapidly growing drone space. The acquisition of ScoutDI creates a significant opportunity to build on our existing capabilities by combining our established customer base, engineering expertise, particularly from our battery team, U.S. and European manufacturing capabilities, and global sales and marketing footprint with ScoutDI’s advanced drone technology. This positions Beam Global to leverage the advanced technology platform we've created to add a vertically integrated drone and AI-enhanced software business serving commercial, government and defense markets.”
Beam Global’s diverse technology portfolio, established customer relationships, engineering and manufacturing capabilities, and international operations provide a strong foundation for integrating ScoutDI’s autonomous drone systems and proprietary AI-enhanced software. The combination is expected to expand the Company’s offerings and create opportunities to serve customers across additional industries and geographies.
The Company expects to file its complete, unaudited financial results for the second quarter of 2026 in its Quarterly Report on Form 10-Q on or before November 16, 2026, in accordance with applicable SEC filing deadlines.
About Beam Global
Beam Global is a sustainable technology innovator that develops and manufactures infrastructure products and technologies. The Company operates at the nexus of innovative and reliable energy, transportation and smart city solutions with a focus on sustainable energy infrastructure, rapidly deployed and scalable EV charging solutions, safe energy storage, energy security and intelligent infrastructure. With operations in the U.S., Europe and the Middle East, Beam Global develops, patents, designs, engineers and manufactures unique and advanced technology solutions that power transportation, provide secure sources of electricity, enable smart city services, save time and money, and protect the environment. Beam Global is headquartered in San Diego, CA, with facilities in Yuma, AZ; Broadview, IL; Belgrade and Kraljevo, Serbia; and Abu Dhabi, UAE. Beam Global is listed on Nasdaq under the symbol BEEM. For more information visit BeamForAll.com, LinkedIn, YouTube, Instagram and X.
Forward-Looking Statements
This Beam Global Press Release may contain forward-looking statements. All statements in this Press Release other than statements of historical facts are forward-looking statements. Forward-looking statements are generally accompanied by terms or phrases such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “target,” “plan,” “intend,” “seek,” “goal,” “will,” “should,” “may,” or other words and similar expressions that convey the uncertainty of future events or results. These statements relate to future events or future results of operations. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, which may cause Beam Global’s actual results to be materially different from these forward-looking statements. Except to the extent required by law, Beam Global expressly disclaims any obligation to update any forward-looking statements.
Investor Relations
Luke Higgins
+1 858-261-7646
IR@BeamForAll.com
Media Contact
Lisa Potok
+1 858-327-9123
Press@BeamForAll.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much did Beam Global’s preliminary third-quarter 2026 revenue grow?
Beam Global’s preliminary revenue increased 8% for the quarter ended September 30, 2026, compared with the third quarter of 2025. The figures are unaudited estimates and remain subject to change after quarter-end closing procedures and review of its financial statements.
What is the status of Beam Global’s ScoutDI acquisition?
The ScoutDI acquisition is pending. ScoutDI is a European manufacturer of drones and AI-enhanced software tools for the drone industry. Beam expects the combination to expand its offerings and create opportunities to serve additional industries and geographies.