Bloom Energy Q1 Beats Estimates, Raises Outlook

Bloom Energy shares jumped 15% after Q1 results beat expectations, with adjusted EPS $0.44 vs $0.13 consensus.
Revenue rose 130% YoY to $751.1 million, surpassing the $530.41 million estimate, while product revenue surged 208% YoY to $653.3 million.
Full‑year 2026 guidance lifted to $3.4‑$3.8 billion revenue (midpoint $3.6 billion) and $1.85‑$2.25 adjusted EPS (midpoint $2.05).
Adjusted gross margin improved to 31.5% (up 2.8 pts) and service gross margin to 18.0% (up 13.2 pts); operating cash flow $73.6 million.