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Jun 30, 2022
Bloom Energy Q2 2022 Earnings Report
Announced financial results for the second quarter ended June 30, 2022.
Key Takeaways
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.
Record second quarter revenue of $243.2 million in 2022 on 471 acceptances.
Deployed first fuel cells in the European Union with Ferrari and announced first USA electrolyzer order with LSB Industries.
Commenced operations in our new Fremont facility which is expected to add a gigawatt of capacity by 2023.
Reaffirming our 2022 financial outlook.
Bloom Energy
Bloom Energy
Bloom Energy Revenue by Segment
Forward Guidance
Bloom reaffirms outlook for the full-year 2022:
Positive Outlook
- Revenue: $1.1 - $1.15 billion
- Product & Service Revenue: $1 billion
- Non-GAAP Gross Margin: ~24%
- Non-GAAP Operating Margin: ~1%
- Cash Flow from Operations: Positive
Revenue & Expenses
Visualization of income flow from segment revenue to net income