Bloom Energy Corp 8-K
PositiveEarningsGuidance raised
Product revenue surged 215% Y/Y; management raised FY2026 guidance and is investing in capacity to meet strong demand.
Filed 2026-07-28 16:07 ET
- 2.02 Results of Operations
- 7.01 Regulation FD Disclosure
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results with raised FY2026 guidance. Bloom reported record quarterly revenue, driven by 215% Y/Y product revenue growth, and positive operating cash flow. Management cited strong demand and investment in capacity to capture it.
Key Figures
| Metric | Q2 2026 | Q2 2025 | Y/Y |
|---|---|---|---|
| Revenue | $1.07B | $401M | +166% |
| GAAP gross margin | 33.4% | 26.7% | +668 bp |
| Non-GAAP gross margin | 34.3% | 28.2% | +604 bp |
| Operating income (loss) | $182M | $(3.50)M | n/m |
| Non-GAAP operating income | $240M | $28.6M | +736% |
| Net income (loss) attributable to common stockholders | $196M | $(42.6)M | n/m |
| Diluted EPS | $0.62 | $(0.18) | n/m |
| Non-GAAP diluted EPS | $0.78 | $0.10 | +680% |
| Cash flow from operating activities | $226M | $(213)M | n/m |
- Product revenue was $935M, up 215% Y/Y, and was the stated driver of overall revenue growth.
- At 6/30/2026, cash and cash equivalents were $2.67B; recourse debt was $2.48B, vs $2.45B and $2.61B, respectively, at 12/31/2025.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Revenue | FY2026 | $3.9B-$4.2B; ≈100% Y/Y | — | Raised |
| Non-GAAP gross margin | FY2026 | ≈34%; ≈374 bp Y/Y | — | — |
| Non-GAAP operating income | FY2026 | $800M-$900M; ≈3.8x Y/Y | — | — |
| Non-GAAP EPS | FY2026 | $2.55-$2.85; ≈3.6x Y/Y | — | — |
Investor Takeaways
- FY2026 results against the raised revenue and non-GAAP profitability ranges will test whether Bloom can scale capacity to meet demand.
The summary is written by an AI model reading the filing.
Model 005 · prompt 01d34d48e3