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Jun 30, 2021
Bloom Energy Q2 2021 Earnings Report
Announced second quarter 2021 financial results, with revenue increasing 21.6% year-over-year.
Key Takeaways
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.
Revenue of $228.5 million, up 21.6% year-over-year.
GAAP gross margin of 16.3%, an increase of 2.3 percentage points year-over-year.
GAAP EPS of $(0.31), compared to $(0.34) in Q2 2020.
Reaffirmed full-year 2021 revenue guidance of $950 million - $1 billion.
Bloom Energy
Bloom Energy
Bloom Energy Revenue by Segment
Forward Guidance
Bloom reaffirmed the following outlook for the full -year 2021:
Positive Outlook
- Revenue $950 million - $1 billion
- Non-GAAP Gross Margin: ~25%
- Non-GAAP Operating Margin: ~3%
- Cash Flow from Operations: Approaching positive
Revenue & Expenses
Visualization of income flow from segment revenue to net income