Bloom Energy Q4 Revenue Rises 35.9% to $777.7M, EPS Beats at $0.45
Bloom Energy delivered fourth-quarter adjusted EPS of $0.45 and revenue of $777.68 million, beating consensus of $0.31 and $652.09 million, with revenue up 35.9% year-over-year driven by product and service sales. The company issued robust full-year guidance, prompting seven analysts to raise price targets and sending shares up 2.7%.
1. Fourth-Quarter Financial Results
Bloom Energy reported adjusted earnings per share of $0.45 for Q4, surpassing the consensus of $0.31, and generated revenue of $777.68 million, beating the $652.09 million estimate. Year-over-year revenue growth of 35.9% was fueled by a 33.2% increase in product and service revenue to $700.2 million, while non-GAAP gross margin expanded to 31.9%.
2. Full-Year Guidance And Analyst Response
Management raised full-year 2026 guidance above prior estimates, emphasizing continued demand across data center and on-site power markets. In response, seven analysts lifted their price targets, reflecting greater confidence in Bloom Energy’s margin expansion and cost-reduction initiatives.
3. Stock Performance And Market Dynamics
Following the results, Bloom Energy shares climbed 2.7% and traded nearer to their Feb. 3 record high of $176.44. Short interest represented 9.3% of the float ahead of the report, and year-to-date gains reached 72%, driven partly by elevated options trading and expectations of sustained volatility.