- Bloom Energy reported Q3 revenue of $1,235.8 million, up 138.1% year over year, with product revenue up 179.4%.
- Non-GAAP EPS of $0.94 beat the 69 cents analysts polled by FactSet expected. Revenue of $1.24 billion beat the $1.07 billion consensus.
- Bloom raised FY26 revenue guidance to $4.4B-$4.6B, representing 122% growth at the midpoint, and lifted non-GAAP EPS guidance to $3.10-$3.40.
- Bloom was added to the S&P 500 in the same period, a milestone for the company as a public company.
- Shares have lagged despite the earnings beat, with the results not producing a typical post-results bump.
Quotes
“Bloom is leading that transformation.”
“Our year-to-date performance and customer demand give us confidence to raise our 2026 outlook for the third time this year.”
“A company beating earnings expectations by 36% and revenue expectations by 15% would usually see a post-results bump.”