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Bloom Energy Corporation
Quarterly revenue, EPS, free cash flow, valuation, and Rule of 40 scores for Bloom Energy Corporation.
Coverage
Bloom Energy Joins the Site at a Rule of 40 Score of 182, With the Stock 42% Off Its June High
Bloom Energy's Q2 2026: revenue $1,065M, up 165.5% year over year, free cash flow $175M, and a Rule of 40 score of 181.92 — the highest single-quarter score on this site. The share price has fallen from $345.85 on 22 June to $201.45, and the gap between those two facts is the whole thesis.
SpaceX Uses Megapacks to Tame Its Gigawatt. Bloom Energy Sells the Megawatts Before the Grid Arrives.
Tesla Megapacks stabilize volatile AI loads and store electricity. Bloom fuel cells generate continuous power onsite. This is the full data-center power stack, where each approach wins, and why the eventual architecture is likely to use both.
Where the revenue goes next
Latest: $1.07B (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | $275M |
| 2023Q2 | $301M |
| 2023Q3 | $400M |
| 2023Q4 | $357M |
| 2024Q1 | $235M |
| 2024Q2 | $336M |
| 2024Q3 | $330M |
| 2024Q4 | $572M |
| 2025Q1 | $326M |
| 2025Q2 | $401M |
| 2025Q3 | $519M |
| 2025Q4 | $778M |
| 2026Q1 | $751M |
| 2026Q2 | $1.07B |
Latest: $0.62 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | -$0.35 |
| 2023Q2 | -$0.32 |
| 2023Q3 | -$0.80 |
| 2023Q4 | $0.02 |
| 2024Q1 | -$0.25 |
| 2024Q2 | -$0.27 |
| 2024Q3 | -$0.06 |
| 2024Q4 | $0.38 |
| 2025Q1 | -$0.10 |
| 2025Q2 | -$0.18 |
| 2025Q3 | -$0.10 |
| 2025Q4 | $0.00 |
| 2026Q1 | $0.23 |
| 2026Q2 | $0.62 |
Latest: 403.6 (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | 0.0 |
| 2023Q2 | 0.0 |
| 2023Q3 | 0.0 |
| 2023Q4 | 0.0 |
| 2024Q1 | 0.0 |
| 2024Q2 | 0.0 |
| 2024Q3 | 0.0 |
| 2024Q4 | 0.0 |
| 2025Q1 | 0.0 |
| 2025Q2 | 0.0 |
| 2025Q3 | 0.0 |
| 2025Q4 | 0.0 |
| 2026Q1 | 0.0 |
| 2026Q2 | 403.6 |
Latest: $175M (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | -$341M |
| 2023Q2 | -$66M |
| 2023Q3 | -$155M |
| 2023Q4 | $106M |
| 2024Q1 | -$169M |
| 2024Q2 | -$188M |
| 2024Q3 | -$84M |
| 2024Q4 | $473M |
| 2025Q1 | -$125M |
| 2025Q2 | -$220M |
| 2025Q3 | $7M |
| 2025Q4 | $395M |
| 2026Q1 | $47M |
| 2026Q2 | $175M |
Latest: -$144M (2026Q2)
| Period | Value |
|---|---|
| 2023Q1 | -$341M |
| 2023Q2 | -$407M |
| 2023Q3 | -$562M |
| 2023Q4 | -$456M |
| 2024Q1 | -$625M |
| 2024Q2 | -$812M |
| 2024Q3 | -$896M |
| 2024Q4 | -$423M |
| 2025Q1 | -$548M |
| 2025Q2 | -$768M |
| 2025Q3 | -$761M |
| 2025Q4 | -$366M |
| 2026Q1 | -$319M |
| 2026Q2 | -$144M |
Latest results
Company History
KR Sridhar and colleagues spin a NASA project for generating oxygen on Mars into a company making solid-oxide fuel cells, originally as Ion America.
After nearly a decade in stealth and roughly $400 million of venture funding, Bloom unveils the Energy Server at eBay with Google, Walmart and FedEx as early customers.
Bloom lists on the NYSE at $15 per share on 25 July 2018, raising about $270 million.
Bloom agrees to supply on-site solid-state power for Oracle's AI data centers, issuing Oracle a warrant for 3.53 million shares at $113.28, and closes 2025 with record revenue of $2.02 billion, up 37%.
Q2 2026 revenue reaches $1.065 billion on 215% product revenue growth, gross margin hits 33.4%, and full-year guidance is raised to $3.9-4.2 billion — about double 2025.
Key Players
The CEO view — 8 podcasts, interviews & articles →
