Bloom Energy Corp 8-K, filed Oct 22, 2026

Bloom Energy Corp (BE)

8-K 2026-10-22 For: 2026-10-22

Added on October 22, 2026

About this 8-K

Bloom Energy Corp filed this 8-K on October 22, 2026.

Bloom Energy reported record third-quarter 2026 revenue of $1,235.8 million, up 138.1%, and raised full-year 2026 revenue guidance to $4.4B - $4.6B. Non-GAAP EPS was $0.94, and full-year non-GAAP EPS guidance is $3.10 - $3.40. AI summary

Items reported

Item 2.02: Financial results
Item 7.01: Regulation FD disclosure
Item 9.01: Financial statements and exhibits

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Delaware			77-0565408
(State or other jurisdiction of incorporation)			(I.R.S. Employer Identification No.)

4353 North First Street,	San Jose,	California	95134
(Address of principal executive offices)			(Zip Code)

408			543-1500
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)


Exhibit No.						Description
99.1						Press release of Bloom Energy Corporation, dated October 22, 2026, reporting Bloom Energy Corporation’s financial results for the third quarter of 2026
99.2						Investor Presentation
104						Cover page interactive data file (embedded within the inline XBRL document)


($000), except EPS data	Q3'26			Q2'26			Q3'25
Revenue	$	1,235,837		$	1,065,365		$	519,048
Cost of Revenue	818,733			709,793			367,373
Gross Profit	417,104			355,572			151,675
Gross Margin	33.8		%	33.4		%	29.2		%
Operating Expenses	191,655			173,335			143,829
Operating Income	225,449			182,237			7,846
Operating Margin	18.2%			17.1%			1.5%
Non-operating (Income) Expenses	(24,822)			(14,053)			30,939
Net Profit (Loss) to Common Stockholders	$	250,271		$	196,290		$	(23,093)
GAAP EPS, Basic	$	0.85		$	0.68		$	(0.10)
GAAP EPS, Diluted	$	0.78		$	0.62		$	(0.10)


($000), except EPS data	Q3'26			Q2'26			Q3'25
Revenue	$	1,235,837		$	1,065,365		$	519,048
Cost of Revenue	809,621			700,002			361,410
Gross Profit	426,216			365,363			157,637
Gross Margin	34.5		%	34.3		%	30.4		%
Operating Expenses	140,525			125,721			111,389
Operating Income	285,691			239,642			46,249
Operating Margin	23.1%			22.5%			8.9%
Adjusted EBITDA	$	299,496		$	253,388		$	59,049
Non-GAAP EPS, Basic	$	1.03		$	0.86		$	0.15
Non-GAAP EPS, Diluted	$	0.94		$	0.78		$	0.15


•Revenue:			$4.4B - $4.6B
•Non-GAAP Gross Margin:			~34%
•Non-GAAP Operating Income:			$960M - $1,030M
•Non-GAAP EPS:			$3.10 - $3.40


Investor Relations: Michael Tierney Bloom Energy investor@bloomenergy.com			Media: Katja Gagen Bloom Energy press@bloomenergy.com


	September 30,		December 31,
	2026		2025
Assets
Current assets:
Cash and cash equivalents1	$	2,486,702	$	2,454,108
Restricted cash	852		1,973
Accounts receivable, less allowance for credit losses of $2,998 and $460 as of September 30, 2026 and December 31, 2025, respectively1	634,743		371,796
Contract assets	792,833		178,928
Inventories1	927,670		643,306
Deferred cost of revenue	95,743		30,651
Customer consideration asset	90,967		—
Prepaid expenses and other current assets1	178,244		49,805
Total current assets	5,207,754		3,730,567
Property, plant and equipment, net1	539,726		398,507
Investments in unconsolidated affiliates	28,236		10,037
Operating lease right-of-use assets1	99,947		108,541
Restricted cash	20,592		25,499
Contract assets	65,813		62,258
Deferred cost of revenue	21,867		4,099
Customer consideration asset	215,533		—
Other long-term assets1	372,115		57,203
Total assets	$	6,571,583	$	4,396,711
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable1	$	493,033	$	203,129
Accrued warranty	70,267		20,013
Accrued expenses and other current liabilities1	479,782		222,254
Deferred revenue and customer deposits	278,985		100,975
Operating lease liabilities1	24,022		22,000
Financing obligations	42,783		51,308

Non-recourse debt1	2,950		4,153
Total current liabilities	1,391,822		623,832
Deferred revenue and customer deposits	475,395		42,840
Operating lease liabilities1	96,509		106,935
Financing obligations	142,212		192,460


	Three Months Ended September 30, 2026		Three Months Ended June 30, 2026		Three Months Ended September 30, 2025

Revenue:
Product	$	1,073,610	$	935,413	$	384,314
Installation	84,855		50,978		65,773
Service	67,557		69,023		58,607
Electricity	9,815		9,951		10,354
Total revenue	1,235,837		1,065,365		519,048
Cost of revenue:
Product	666,978		593,957		249,794
Installation	88,954		52,829		59,921
Service	55,508		56,148		51,834
Electricity	7,293		6,859		5,824
Total cost of revenue	818,733		709,793		367,373
Gross profit	417,104		355,572		151,675
Operating expenses:
Research and development	64,146		58,873		48,724
Sales and marketing	52,409		43,045		41,995
General and administrative	75,100		71,417		53,110
Total operating expenses	191,655		173,335		143,829
Income from operations	225,449		182,237		7,846
Interest income	22,129		20,881		5,292
Interest expense	(7,525)		(8,906)		(14,390)
Equity in (loss) earnings of unconsolidated affiliates	(2,897)		4,346		(19,599)
Other income (expense), net	12,627		2,307		(1,362)


Gain (loss) on revaluation of embedded derivatives	10		(539)		(411)
Profit (loss) before income taxes	249,793		200,326		(22,624)
Income tax provision	817		1,470		336
Net profit (loss)	248,976		198,856		(22,960)
Less: Net (loss) income attributable to noncontrolling interest	(1,295)		2,566		133
Net income (loss) attributable to common stockholders	$	250,271	$	196,290	$	(23,093)
Net earnings (loss) per share available to common stockholders:
Basic	$	0.85	$	0.68	$	(0.10)
Diluted	$	0.78	$	0.62	$	(0.10)
Weighted average shares used to compute net earnings (loss) per share available to common stockholders:
Basic	294,757		287,288		234,931
Diluted	324,289		323,331		234,931


							Q3'26
	Revenue		GAAP gross profit (loss)		Stock-based compensation expense		Other Non-GAAP adj.		Non-GAAP gross profit (loss)		GAAP Gross Margin		Non-GAAP gross margin %
Product	$	1,073,610	$	406,632	$	5,579	$	2	$	412,213	37.9	%	38.4	%
Install	84,855		(4,099)		1,095		—		(3,004)		(4.8)	%	(3.5)	%
Service	67,557		12,049		2,374		63		14,486		17.8	%	21.4	%
Electricity	9,815		2,522		—		—		2,522		25.7	%	25.7	%
Total	$	1,235,837	$	417,104	$	9,048	$	64	$	426,216	33.8	%	34.5	%


							Q3'25
	Revenue		GAAP gross profit		Stock-based compensation expense		Other Non-GAAP adj.		Non-GAAP gross profit		GAAP Gross Margin		Non-GAAP gross margin %
Product	$	384,314	$	134,520	$	3,490	$	30	$	138,040	35.0	%	35.9	%
Install	65,773		5,852		752		1		6,605		8.9	%	10.0	%
Service	58,607		6,773		1,477		213		8,463		11.6	%	14.4	%
Electricity	10,354		4,530		—		—		4,530		43.8	%	43.8	%
Total	$	519,048	$	151,675	$	5,719	$	244	$	157,637	29.2	%	30.4	%


	Three Months Ended September 30, 2026		Three Months Ended June 30, 2026		Three Months Ended September 30, 2025
Cash flows from operating activities:
Net income (loss)	$	248,976	$	198,856	$	(22,960)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:
Depreciation and amortization	13,805		13,746		12,800
Non-cash lease expense	9,862		8,024		8,057
Equity in loss (earnings) of unconsolidated affiliates, net of distributions	2,897		(4,346)		19,599

Stock-based compensation expense	57,209		52,217		37,255
Amortization of debt issuance costs	3,180		3,372		1,814


Net gain on failed sale-and-leaseback transactions	(9,400)		(4,122)		—
Share-based consideration payable to customer’s customer	(520)		5,012		—
Allowance for credit losses	—		3,080		340
Inventory reserve and assets impairment	3,143		—		21,846
Unrealized foreign currency exchange (gain) loss	(1,083)		(353)		2,703
Other12	792		869		407
Changes in operating assets and liabilities:
Accounts receivable	(175,235)		(101,372)		54,223
Contract assets	(430,348)		(122,964)		(129,086)
Inventories	(170,401)		(26,473)		(36,562)
Deferred cost of revenue	(42,651)		(47,168)		4,310
Prepaid expenses and other current assets	3,894		(78,178)		(4,673)

Other long-term assets	(178,028)		(70,647)		902
Operating lease right-of-use assets and operating lease liabilities	(8,628)		(8,545)		(8,481)
Financing lease liabilities	214		166		206
Accounts payable	184,664		63,460		23,385
Accrued warranty	(7,530)		39,432		2,689
Accrued expenses and other current liabilities	158,758		90,758		50,309
Deferred revenue and customer deposits	309,333		211,693		(19,293)
Deferred profit with equity method investees and other long-term liabilities	(50)		(85)		(121)
Net cash (used in) provided by operating activities	(27,147)		226,432		19,669
Cash flows from investing activities:
Purchase of property, plant and equipment	(153,487)		(51,641)		(12,301)
Proceeds from sale of property, plant and equipment	60		36		—
Investments in unconsolidated affiliates	(3,781)		(2,948)		(24,570)


	Three Months Ended September 30, 2026		Three Months Ended June 30, 2026		Three Months Ended September 30, 2025
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(1,373)		(2,881)		(1,245)
Net (decrease) increase in cash, cash equivalents, and restricted cash	(180,362)		170,224		20,968
Cash, cash equivalents, and restricted cash:
Beginning of period	2,688,508		2,518,284		606,047
End of period	$	2,508,146	$	2,688,508	$	627,015