Companies/Bloom Energy/product line
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Energy Server

Product revenue reached $935.4 million in the second quarter of 2026, up 215% from a year earlier.

BE market data

The numbers

Product revenue$935.4 millionQ2 2026 · +215.4% year over year from $296.6 million · source ↗
Total revenue$1,065.4 millionQ2 2026 · +165.5% year over year from $401.2 million · source ↗
Non-GAAP gross margin34.3%Q2 2026 · Up from 28.2% a year earlier · source ↗

What it is

The Energy Server is a solid oxide fuel cell module that produces electricity from natural gas or biogas through an electrochemical reaction, so it does not burn fuel. Bloom sells it as on-site power for data centers, utilities and industrial sites. It is the source of nearly all of the company's product revenue.

Why it matters to the stock. This is the core revenue engine. Each quarter's product revenue depends on how many systems Bloom can build and ship, so manufacturing capacity and order timing set the trend.

News

Bloom Energy Q2 2026 revenue tops $1 billion and full-year revenue guidance rises to $3.9-4.2 billion

Bloom reported second-quarter 2026 total revenue of $1,065.4 million, up 165.5% from a year earlier, and its first quarter above $1 billion.

Earnings

Bloom Energy Q1 2026 revenue rises 130% to $751.1 million; 2026 guidance raised to $3.4B to $3.8B

Bloom reported first-quarter 2026 revenue of $751.1 million, up 130.4%, with product revenue of $653.3 million, up 208.4%, and service revenue of $61.9 million.

Earnings

Bloom Energy reports record 2025 results and guides 2026 revenue to $3.1B to $3.3B

Bloom reported fourth-quarter 2025 revenue of $777.7 million, up 35.9% from a year earlier, with product and service revenue of $700.2 million.

Earnings