BE·Stationary fuel cells / distributed on-site power generation (solid-oxide fuel cell, SOFC)

Bloom Energy

ConvictionModerate

Hardware sales of Energy Servers (bulk of revenue) plus recurring service/maintenance contracts, electricity (managed-services/PPA) revenue, and installation; large-scale project financing increasingly carried by partners (e.g. Brookfield) rather than Bloom's own balance sheet.

Revenuefact

$751M Q1 FY26 / ~$2.4B TTM

Rev growthfact/guidance

+130% YoYin Q1 FY26; FY26 guide $3.4–3.8B = ~80% YoY

Gross marginfact

30.0% GAAP / 31.5% non-GAAPQ1 FY26 ; FY26 guide ~34% non-GAAP

Op marginfact

9.6% GAAP / 17.3% non-GAAPQ1 FY26

Capex intensity

~3.5%Q1 FY26 capex $26.2M / rev $751M; fact

Market cap

~$93BJune 24, 2026; fact

Price · 1-year trend

real · weekly

$309+1294% 1yUSD

52-week range

$22 – $329

52w lowas of 2026-06-25 · Yahoo Finance52w high

Across the boards

The thesis on this name

opportunityModerate

AI datacenter power & cooling

Full context

position · avoidModerate

AI datacenter power & cooling

Full context

The read

Where our coverage leans

Coverage leans bullish

Members only

Full financial intelligence for Bloom Energy

Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.

Income statement & margin structure
SWOT, moats & dependency map
Supplier–customer ecosystem graph
Signals, trends & valuation range

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Not investment advice — analyst work product for a qualified professional.· intel vintage Jun 2026· sign in (free) for the analyst summary; Pro unlocks full intelligence