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Service contracts

Service revenue was $69.0 million in the second quarter of 2026, up from $54.4 million a year earlier.

BE market data

The numbers

Service revenue$69.0 millionQ2 2026 · Up from $54.4 million a year earlier · source ↗
Service revenue$228.3 millionFY2025 · Up from $213.5 million in FY2024 · source ↗

What it is

Service contracts cover maintenance and support for Energy Server systems that customers already run. The revenue recurs for the life of each contract, so it grows as the installed base grows.

Why it matters to the stock. Service revenue is steadier than product sales, and it shows whether the installed base is generating cash over time.

News

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