BE — Bloom Energy Corporation
Quarterly Earnings Performance
Calendar 2025
| Quarter |
Period |
Report Date |
Revenue |
YoY Growth |
EPS (non-GAAP) |
Guidance (next qtr) |
Notes |
| Q1 2025 |
Jan–Mar 2025 |
2025-04-30 |
$326.0M |
+38.6% |
$0.03 |
FY25 guidance reaffirmed |
Non-GAAP op. income $13.2M; margin +11pp |
| Q2 2025 |
Apr–Jun 2025 |
2025-07-28 |
$401.0M |
+19.5% |
$0.10 |
— |
Reversed prior-year loss; margin improvement |
| Q3 2025 |
Jul–Sep 2025 |
2025-10-28 |
$515.3M |
+43.0% |
$0.15 |
FY25 above prior guidance |
Non-GAAP op. income $46.2M; adj. EBITDA $59M |
| Q4 2025 |
Oct–Dec 2025 |
2026-02-19 |
$777.7M |
+35.9% |
$0.45 |
— |
Beat EPS est. $0.30 by 50%; record quarter |
| FY 2025 |
Full Year |
— |
$2,020.0M |
+37.3% |
$0.73 |
— |
Record revenues; non-GAAP gross margin 30.3% |
Calendar 2026
| Quarter |
Period |
Report Date |
Revenue |
YoY Growth |
EPS (non-GAAP) |
Guidance (next qtr) |
Notes |
| Q1 2026 |
Jan–Mar 2026 |
2026-04-28 |
$751.1M |
+130.4% |
$0.44 |
FY26 rev. $3.4–$3.8B |
Record Q1; GAAP EPS $0.23; guidance raised |
Upcoming
| Quarter |
Est. Report Date |
Est. Revenue |
Est. EPS |
Source |
| Q2 2026 |
~2026-07-28 |
~$800M–$900M |
~$0.50 |
FY26 raised guidance midpoint |
Commentary
Bloom Energy delivered record full-year 2025 revenue of $2.02 billion (+37%), driven by accelerating data-center and utility deployments of its solid-oxide fuel cells. The momentum continued sharply into Q1 2026 with revenue surging 130% year-over-year to $751M, prompting management to raise full-year 2026 guidance to $3.4–$3.8 billion at the midpoint (~80% growth). Key catalysts include AI-driven power demand from hyperscalers, improving non-GAAP gross margins (30.3% in 2025 → 31.5% in Q1 2026), and operating leverage as the company scales. Headwinds include supply-chain execution risk at higher volumes and elevated interest expense.
Sources
Bloom Energy Q1 2025 Press Release
Bloom Energy Q4 & FY 2025 Press Release
Bloom Energy Q1 2026 Press Release — Record Results & Raised Guidance
Bloom Energy Q3 2025 Earnings Transcript — Motley Fool
Bloom Energy Q1 2026 Earnings Transcript — Motley Fool
Bloom Energy Q4 2025 Earnings Call — Investing.com
Bloom Energy Q1 2026 Revenue Surges 130% — IndexBox
Generated: 2026-05-11