Bloom Energy Beats Q3, Lifts 2026 Revenue Guidance to $4.4B-$4.6B
BE has more than doubled off its 52-week low of $75.7.
Summary
Bloom Energy reported record Q3 2026 revenue of $1.24B (+138% YoY) with EPS of $0.78 and raised full-year 2026 revenue guidance to $4.4B-$4.6B and non-GAAP EPS to $3.10-$3.40 — its third raise this year.
Key Events · Earnings and Guidance · BE
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Record Q3 Revenue of $1.24B
Revenue rose 138.1% year over year to $1,235.8 million, with product revenue up 179.4% to $1,073.6 million.
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Margins and Profit Inflect
GAAP gross margin was 33.8% (+453 bps YoY) and operating income reached $225.4 million versus $7.8 million a year ago; non-GAAP EPS was $0.94.
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2026 Guidance Raised Again
Full-year revenue guidance lifted to $4.4B-$4.6B (122% growth at midpoint) and non-GAAP EPS to $3.10-$3.40, up from the July range of $3.9B-$4.2B and $2.55-$2.85.
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Balance Sheet and Cash Flow
Cash and equivalents stood at $2.49 billion at September 30, 2026; Q3 operating cash flow was negative $27.1 million on working-capital build (contract assets up $430.3 million).
Analysis · BE · Manufacturing
Another step-change quarter: revenue of $1.24B grew 138% year over year, and GAAP operating income hit $225.4M (18.2% margin) versus $7.8M a year ago. The bigger news is the third guidance raise this year — full-year revenue is now $4.4B-$4.6B (122% growth at the midpoint) and non-GAAP EPS $3.10-$3.40, both well above the July range. At a $64B market cap the stock already prices in a lot of growth, so the raised numbers are what justify the multiple; a miss on the implied Q4 ramp would be the risk. Cash of $2.49B and positive operating leverage give room to fund capacity expansion without new financing.
How filings like this one have moved
In the 30 days to Oct 22, 2026, 36.9% of the 1013 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.77%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, BE was trading at $208.89 on NYSE in the Manufacturing sector, with a market capitalization of approximately $64.1B. The 52-week trading range was $75.70 to $351.28. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.