Bloom Energy reported record Q1 revenue of $326.0 million, a 38.6% increase year-over-year, driven by strong product and service revenue growth. The company also saw significant improvements in both GAAP and Non-GAAP gross margin and operating income, reiterating its full-year 2025 guidance.
Bloom Energy achieved record revenue of $572.39 million in Q4 2024, a 60.42% YoY increase, driven by strong demand for products and services. Net income surged to $104.80 million, and the company generated $484.23 million in operating cash flow. The company improved its gross margin to 38.3% and maintained strong financial momentum heading into 2025.
Bloom Energy reported a revenue of $330.4 million for Q3 2024, a 17.5% decrease year-over-year. Despite the revenue decline, the company improved its gross margin to 23.8% and operating loss to $9.7 million. Bloom Energy reaffirmed its full-year 2024 financial guidance and announced what is expected to be the world’s largest single site fuel cell installation.
Bloom Energy reported revenue of $335.8 million for the second quarter of 2024, an 11.5% increase year-over-year. The company reaffirmed its 2024 financial guidance, expecting revenue between $1.4 and $1.6 billion and a non-GAAP gross margin of approximately 28%.
Bloom Energy reported a revenue of $235.3 million for Q1 2024, a 14.5% decrease compared to Q1 2023. The company's operating loss improved by $14.7 million compared to the same quarter last year.
Bloom Energy reported Q4 2023 revenue of $356.9 million, a decrease of 22.8% compared to Q4 2022. The company achieved an operating profit of $12.9 million, a significant improvement from the operating loss of $40.6 million in the same quarter last year. Full year revenue reached a record $1.3 billion.
Bloom Energy reported a strong third quarter with record revenue of $400.3 million, a 37% increase compared to the third quarter of 2022. The company saw expanding margins and made significant progress in reducing costs while continuing to invest and innovate.
Bloom Energy reported record revenue of $301.1 million for the second quarter of 2023, a 24% increase compared to the second quarter of 2022. The company's gross margin also improved significantly, reaching 18.7%.
Bloom Energy reported a strong start to 2023 with record first quarter revenue of $275.2 million, a 36.9% increase compared to the first quarter of 2022. The company's gross margin increased to 19.7%, and non-GAAP gross margin reached 21.2%.
Bloom Energy reported a revenue of $462.6 million for Q4 2022, a 35.1% increase compared to Q4 2021. The company's full year revenue surpassed $1 billion for the first time, and they closed the year with a record backlog of $10 billion.
Bloom Energy reported a record third quarter revenue of $292.3 million, a 41.1% increase compared to the third quarter of 2021. The company reaffirmed its 2022 financial outlook, demonstrating confidence in its business and growth strategy.
Bloom Energy reported a record second quarter revenue of $243.2 million in 2022. The company reaffirms its 2022 financial outlook, demonstrating confidence in its business and growth strategy.
Bloom Energy reported a revenue of $207.2 million for Q3 2021, representing a 3.5% increase compared to the same period last year. The company's GAAP gross margin was 17.8%. They also launched Bloom Electrolyzer and Hydrogen Energy Server.
Bloom Energy reported a revenue of $228.5 million for Q2 2021, representing a 21.6% increase compared to the previous year. The company's GAAP gross margin was 16.3%, and the GAAP EPS was $(0.31). Bloom Energy reaffirmed its full-year 2021 guidance.