Bloom Energy Reports Q3 2026 Revenue of $1.24 Billion
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Key Takeaways
- Third-quarter revenue increased 138% year-over-year to $1.24 billion.
- Non-GAAP gross margin improved to 34.5% from 30.4% in the prior year.
- GAAP net profit attributable to common stockholders reached $250.3 million.
- Full-year 2026 revenue guidance was updated to a range of $4.4 billion to $4.6 billion.
- Cash and cash equivalents stood at $2.49 billion as of September 30, 2026.
Bloom Energy Corporation reported total revenue of $1,235.8 million for the third quarter ended September 30, 2026, representing a significant increase from the $519.0 million reported in the same period last year.
The company's GAAP gross profit for the quarter was $417.1 million, resulting in a GAAP gross margin of 33.8%. On a non-GAAP basis, the gross margin reached 34.5%, an increase from the 30.4% reported in the prior year's third quarter. GAAP operating income rose to $225.4 million, up from $7.8 million in the same period in 2025.
Non-GAAP operating income for the third quarter was $285.7 million, compared to $46.2 million in the previous year. The company reported GAAP net income attributable to common stockholders of $250.3 million, or $0.85 per basic share, compared to a GAAP net loss of $23.1 million, or $0.10 per share, in the third quarter of 2025.
Adjusted EBITDA for the period reached $299.5 million, a significant increase from the $59.0 million reported in the third quarter of 2025. Non-GAAP diluted earnings per share were $0.94, compared to $0.15 in the prior year's corresponding quarter.
