BE Bloom Energy Corp
Price Chart
Executive Summary
Bloom Energy Q1 2026 revenue soared 130% YoY to $751M, handily beating Street expectations, and the company raised full-year 2026 guidance across the board (revenue midpoint +80% YoY, EPS $1.85-$2.25 vs prior $1.33-$1.48). Non-GAAP EPS of $0.44 crushed the -$0.02 consensus, driven by surging product revenue (+208%) from AI data center demand and expanding margins.
Key Financial Metrics
Actionable Insight
Blooming AI-driven demand is accelerating faster than expected; the massive revenue beat and raised guidance should drive a strong one-day rally. Watch the conference call for backlog updates (prior $20B total backlog) and capacity expansion plans. The stock may gap up and could see upward analyst revisions in the coming days.
Key Facts
- Q1 2026 revenue $751.1M, +130.4% YoY (vs $326.0M)
- Non-GAAP diluted EPS $0.44 vs consensus ($0.02) — massive beat
- Product revenue $653.3M, +208.4% YoY
- GAAP gross margin 30.0%, +2.8pp YoY; Non-GAAP gross margin 31.5%
- Operating income $72.2M vs ($19.1M) loss in prior year
- Cash flow from operations $73.6M, +$184.3M YoY
- Full-year 2026 guidance raised: revenue $3.4B-$3.8B (midpoint ~$3.6B, up from prior ~$3.2B)
- Non-GAAP EPS guidance raised to $1.85-$2.25 (prior $1.33-$1.48)
Financial Impact
Revenue beat by ~$211M vs consensus and guidance raised by ~$400M at midpoint
Risk Factors
- Valuation at ~18x forward sales on raised guidance
- Dependence on AI data center capex cycle
- Potential tariff impact on imported components
- High stock-based compensation ($57M in Q1)
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-027913 |
| Exhibit: ex992_q126supplementalde.htm | 0001628280-26-027913 |
| Document: be-20260428.htm | 0001628280-26-027913 |
| Document: 0001628280-26-027913-index-headers.html | 0001628280-26-027913 |
| Document: 0001628280-26-027913-index.html | 0001628280-26-027913 |
| Document: 0001628280-26-027913.txt | 0001628280-26-027913 |
| 8-K Data (Synthetic) | 0001628280-26-027913 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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May 18, 2026
22d ago
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Insider Cluster
| $261.34 $302.01 | ▲ +15.56% | ▲ +13.32% | $259.61 (−0.66%) |
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May 18, 2026
22d ago
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Insider Cluster
| $261.34 $302.01 | ▼ −15.56% | ▼ −13.32% | $259.61 (+0.66%) |
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May 18, 2026
22d ago
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Insider Cluster
| $261.34 $302.01 | ▼ −15.56% | ▼ −13.32% | $259.61 (+0.66%) |
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May 18, 2026
22d ago
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Insider Cluster
| $261.34 $299.82 | ▲ +14.72% | ▲ +12.48% | $259.61 (−0.66%) |
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May 18, 2026
22d ago
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Insider Cluster
| $261.34 $299.82 | ▲ +14.72% | ▲ +12.48% | $259.61 (−0.66%) |
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May 14, 2026
26d ago
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144
| $275.95 $302.49 | ▲ +9.62% | ▲ +8.65% | $259.61 (−5.92%) |
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May 8, 2026
4w ago
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144
| $261.03 $303.41 | ▲ +16.24% | ▲ +14.77% | $259.61 (−0.54%) |
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May 7, 2026
4w ago
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Insider Cluster
| $258.64 $303.41 | ▲ +17.31% | ▲ +15.01% | $259.61 (+0.38%) |
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Apr 28, 2026
6w ago
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8-K
| $287.97 $295.25 | ▲ +2.53% | ▼ −0.58% | $259.61 (−9.85%) |
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Apr 27, 2026
6w ago
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8-K
| $234.68 $288.64 | ▲ +22.99% | ▲ +22.59% | $259.61 (+10.62%) |
US Market Status
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