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. Non-GAAP diluted EPS was $0.45. The company set 2026 guidance at $3.1 billion to $3.3 billion in revenue, about 32% non-GAAP gross margin, $425 million to $475 million non-GAAP operating income and $1.33 to $1.48 non-GAAP EPS. Total current backlog was about $20 billion, including about $6 billion of product backlog, up roughly 2.5 times year over year.
- Q4 2025 revenue $777.7 million, up 35.9%
- Q4 2025 non-GAAP diluted EPS $0.45
- 2026 revenue guidance $3.1B to $3.3B
- 2026 non-GAAP operating income guidance $425M to $475M
- Total current backlog about $20 billion; product backlog about $6 billion
Source
Bloom Energy Form 8-K, Exhibit 99.1 (SEC)Feb 5, 2026
SEC filing 8-K · accession 0001628280-26-005798 · sec.gov ↗