Fuel-cell power systems maker posted sharply higher second-quarter revenue, profit, margins and cash flow, citing accelerating demand from AI data centers and hyperscale cloud providers.
Bloom Energy raised its fiscal 2026 revenue and adjusted earnings per share guidance after reporting record second-quarter results. Revenue for the quarter ended June 30 rose 166% year over year to $1.07 billion, the first time quarterly sales exceeded $1 billion, while product revenue increased 215% to $935.4 million. The company reported profit of $196.3 million, or 62 cents a share, versus a loss of $42.6 million, or 18 cents a share, a year earlier; operating income improved to $182.2 million from a loss of $3.5 million, and adjusted EPS was $0.78, ahead of analyst estimates. Bloom said demand for its on-site power systems is being driven by AI data centers and hyperscale cloud providers, and it lifted 2026 revenue guidance to $3.9 billion-$4.2 billion from $3.4 billion-$3.8 billion and adjusted EPS guidance to $2.55-$2.85 from $1.85-$2.25.