Bloom Energy Beats Q2 Earnings Estimates
Bloom Energy Q2 revenue rises 166% YoY
BE Q2'26 earnings, with revenue rising 166% YoY to $1.07B vs $827.6M expected and adjusted EPS jumping 680% YoY to $0.78 vs $0.41 expected.
Product revenue surged 215.4% YoY to $935.4M, while adjusted gross margin expanded 604 bps to 34.3%.
Bloom also raised FY26 guidance, now expecting revenue of $3.9B—$4.2B vs $3.73B expected and adjusted EPS of $2.55—$2.85 vs $2.16 expected.
Management said all major U.S. hyperscalers, plus over a dozen neoclouds, AI labs, and data center operators, have approved Bloom's power solutions for AI factories, calling Bloom a new standard for AI onsite power.