Product was Beam Global’s largest product and service line in fiscal 2024, bringing in $92.11M of $99.16M (93%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|---|---|
| Product | $17.15M | $40.69M | $130.30M | $92.11M | ||||
| Product Sales | — | — | — | — | ||||
| Shipping & Handling | $638.00K | $2.27M | $4.62M | $4.53M | ||||
| Professional Services | — | $1.05M | $292.00K | $2.25M | ||||
| Maintenance | $88.00K | $106.00K | $166.00K | $258.00K | ||||
| Maintenance Fees | — | — | — | — | ||||
| Service, Other | $196.00K | — | — | — | ||||
| Total | $18.07M | $44.13M | $135.38M | $99.16M |
Beam Global brought in $99.16M from its four product and service lines in fiscal 2024, the year ended December 31, 2024. That is less than the $173.66M it reports by geography, so these lines do not cover all of its revenue. Product was the largest at $92.11M (92.9%), ahead of Shipping & Handling at $4.53M (4.6%) and Professional Services at $2.25M (2.3%). The remaining line, Maintenance, brought in $258.00K.
Compared with fiscal 2023, Professional Services grew fastest, up 671.9% to $2.25M, while Product fell the most, down 29.3% to $92.11M.
Beam Global stopped reporting Service, Other as a separate line after fiscal 2021, when it brought in $196.00K.
United States was Beam Global’s largest region in fiscal 2024, bringing in $74.99M of $98.67M (76%).
| Geography | FY 2023 | FY 2024 |
|---|---|---|
| United States | $127.91M | $74.99M |
| Serbia | $6.79M | $23.69M |
| Total | $134.71M | $98.67M |
Beam Global brought in $98.67M from its two regions in fiscal 2024, the year ended December 31, 2024. That is less than the $173.66M it reports by geography, so these regions do not cover all of its revenue. United States was the largest at $74.99M (76.0%), ahead of Serbia at $23.69M (24.0%).
Compared with fiscal 2023, Serbia grew 248.7% to $23.69M, while United States fell 41.4% to $74.99M.
United States was Beam Global’s largest region in fiscal 2024, bringing in $74.99M of $173.66M (43%).
| Geography | FY 2023 | FY 2024 |
|---|---|---|
| United States | $127.91M | $74.99M |
| Geographic Distribution, Domestic | $127.91M | $74.99M |
| Serbia | $582.00K | $13.90M |
| Romania | $872.00K | $3.94M |
| Cyprus | — | $2.02M |
| Croatia | $2.01M | $1.39M |
| Other Countries | $1.78M | $1.14M |
| Montenegro | $1.55M | $1.29M |
| Total | $262.62M | $173.66M |
Beam Global brought in $173.66M from its eight regions in fiscal 2024, the year ended December 31, 2024. Beam Global regrouped these regions after fiscal 2023, so the total does not compare directly with that year's $262.62M. United States was the largest at $74.99M (43.2%), ahead of Geographic Distribution, Domestic at $74.99M (43.2%) and Serbia at $13.90M (8.0%). The other five regions brought in $9.78M combined.
Compared with fiscal 2023, Serbia grew fastest, up 2,288.7% to $13.90M, while Geographic Distribution, Domestic fell the most, down 41.4% to $74.99M.
Beam Global began breaking out Cyprus in fiscal 2024, when it brought in $2.02M.
Beam Global (BEEM) reports its revenue by product and service and by geography. In fiscal 2024, Product was its largest product and service line, bringing in $92.11M (92.9% of the total), followed by Shipping & Handling at $4.53M (4.6%).
Product was Beam Global's largest product and service line in fiscal 2024, bringing in $92.11M, or 92.9% of the $99.16M total across its four product and service lines.
United States was Beam Global's largest region in fiscal 2024, bringing in $74.99M, or 76.0% of the $98.67M total across its two regions.
Among Beam Global's product and service lines that make up at least 2% of revenue, Professional Services grew fastest in fiscal 2024, up 671.9% from $292.00K to $2.25M.
Every figure comes from Beam Global's annual financial filings, as reported. Each line keeps the name Beam Global gives it, and years follow its fiscal calendar.
Beam Global's revenue by product and service goes back to fiscal 2017, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.