Bloom Energy Corp reported results for the quarter ended 2026 with revenue of $1.07B and net income of $198.86M, compared with $401.24M and a net loss of ($42.19M) in the prior-year quarter, driven by strong product sales and expanded service activity.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$1.07B$401.24M165.5% | Net income²$198.86M($42.19M)571.3% | Diluted EPS³$0.62($0.18)444.4% |
¹ Reported as “Total revenue 1”. ² Reported as “Net income (loss)”. ³ Reported as “Net earnings (loss) per share available to common stockholders”.
Business Highlights
- Product revenue surged, supporting overall revenue growth of roughly 165% year over year; product sales increased about 215% quarter over quarter and ~213% year to date.
- Shifted to a consult-only model for large sites and is using certified third‑party EPC installers for deployments.
- Won significant AI data center deployments, including a large hyperscale customer and joint-venture projects with Brookfield.
- Invested in manufacturing capacity and built inventory to meet anticipated demand while expanding R&D and field service operations.
- Service and maintenance revenues expanded, with higher warranty and service costs managed alongside performance guarantees.
Original SEC Filing:
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