Bloom Energy, a U.S. energy company focused on supplying power to AI data centers, reported its financial results for the second quarter of 2026 on July 29. The company said revenue reached $1.065 billion, marking a 165.5% increase from a year earlier, while adjusted earnings per share came in at $0.78. Product revenue rose to $935.4 million from $296.6 million in the same period last year, a gain of 215.4%. Gross margin improved to 33.4% from 26.7%, and non-GAAP gross margin increased to 34.3% from 28.2%. Bloom Energy also reported operating income of $182.2 million, compared with an operating loss of $3.5 million a year earlier. Non-GAAP operating income reached $239.6 million, up by $211 million from $28.6 million in the prior-year period. Cash flow from operating activities was $226.4 million, improving by $439.5 million from net cash used in operating activities of $213.1 million a year earlier.
Bloom Energy, a U.S. energy company focused on powering AI data centers, released its results for the second quarter of 2026 on July 29, according to BlockBeats.
The company reported revenue of $1.065 billion for the quarter, up 165.5% from a year earlier. Adjusted earnings per share were $0.78.
Product revenue reached $935.4 million, compared with $296.6 million in the same quarter last year, representing growth of 215.4%. Gross margin was 33.4%, up from 26.7% a year earlier, an increase of 668 basis points. Non-GAAP gross margin came in at 34.3%, versus 28.2% in the prior-year period, up 604 basis points.
Operating income was $182.2 million, compared with an operating loss of $3.5 million a year earlier, an increase of $185.7 million. Non-GAAP operating income was $239.6 million, up $211 million from $28.6 million in the same period last year.
Cash flow from operating activities totaled $226.4 million, improving by $439.5 million from net cash used in operating activities of $213.1 million in the year-ago quarter.
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