Bloom Energy (BE.US) Q3 revenue surged 138% and turned a loss into profit to raise full-year results guidance

The Zhitong Finance App learned that Bloom Energy (BE.US) announced financial results for the third quarter of 2026 after the US stock market on Thursday. According to the data, the company's revenue for the quarter reached US$1,236 million, a year-on-year increase of 138.1%, a record quarterly high; GAAP's net profit attributable to common shareholders was US$250 million, with a net loss of US$23.09 million for the same period last year, turning a loss into a profit.

In terms of earnings per share, Bloom Energy's third-quarter GAAP diluted earnings per share were $0.78, compared with a loss of $0.10 per share for the same period last year; non-GAAP adjusted earnings per share were $0.94, up from $0.15 in the same period last year.

In terms of profitability, the company's GAAP gross margin for the third quarter reached 33.8%, up from 29.2% in the same period last year; non-GAAP adjusted gross margin was 34.5%, up from 30.4% in the same period last year. GAAP operating profit reached US$225 million, or only US$7.8 million in the same period last year; non-GAAP adjusted operating profit reached US$286 million, up from US$46.2 million in the same period last year.

Bloom Energy's significant performance growth reflects the continued expansion of market demand for its on-site power generation solutions. With the rapid growth in AI data center power demand, companies are paying more and more attention to reliable, scalable, and rapidly deployable power supply solutions, creating growth opportunities for the company's solid oxide fuel cell business.

Looking ahead to the full year of 2026, Bloom Energy raised its revenue forecast from US$3.9 billion to US$4.2 billion to US$4.4 billion to US$4.6 billion. The median value of the new guidelines increased by about 122% over the full year of 2025. At the same time, the company raised its full-year non-GAAP operating profit forecast from $800 million to $900 million to $960 million to $1.03 billion, and raised its non-GAAP adjusted earnings per share forecast from $2.55 to $2.85 to $3.40. The full year non-GAAP gross margin target remained at around 34%.

Bloom Energy said the company will continue to invest in capacity and business expansion to meet growing market demand. As AI infrastructure construction drives up electricity demand, the company expects its on-site power generation technology to play an increasingly important role in enterprise energy supply.