Bloom Energy Q2 revenue up 19.5%, beats estimates
Overview
Bloom Energy Q2 2025 revenue rises 19.5% yr/yr, beating analysts' expectations
Adjusted EPS for Q2 beats consensus
Co plans to double factory capacity by 2026, collaborates with Oracle for AI data centers
Outlook
Bloom reaffirms 2025 revenue guidance of $1.65 bln to $1.85 bln
Company expects 2025 non-GAAP gross margin of ~29%
Bloom anticipates 2025 non-GAAP operating income of $135 mln to $165 mln
Bloom plans to double factory capacity to 2 GW by end of 2026
Result Drivers
AI COLLABORATION - Bloom's partnership with Oracle aims to optimize AI data center power efficiency, per CEO KR Sridhar
REVENUE GROWTH - 19.5% increase in Q2 revenue attributed to strong market pull for Bloom products
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $401.24 mln | $376.50 mln (15 Analysts) |
Q2 Adjusted EPS | Beat | $0.1 | $0.01 (13 Analysts) |
Q2 EPS | -$0.18 | ||
Q2 Gross Margin | 26.7% | ||
Q2 Basic EPS | -$0.18 | ||
Q2 Operating Expenses | $110.63 mln | ||
Q2 Operating income | -$3.50 mln | ||
Q2 Operating Margin | -0.9% |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 9 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the heavy electrical equipment peer group is "buy"
Wall Street's median 12-month price target for Bloom Energy Corp is $27.00, about 39.3% below its July 30 closing price of $37.62
The stock recently traded at 57 times the next 12-month earnings vs. a P/E of 41 three months ago
Press Release: