Fuel Cell Leader Bloom Energy (NYSE: BE) Rockets Higher on Massive 130% Revenue Jump

The stock makes the NYSE top percentage gainer list today on first-quarter record results. Bloom is trading at $282.81 +56.44 (+24.93%) on a volume of over 11.5 million shares. The stock has a 52-week range of 16.05 - 290.47 (this morning’s high).

Bloom Energy (NYSE: BE) empowers enterprises to meet soaring energy demands and responsibly take charge of their power needs. The company’s solid oxide fuel cell systems provide ultra-resilient, highly scalable onsite electricity for Fortune 500 customers around the world, including data centers, semiconductor manufacturing, large utilities, and other commercial and industrial sectors.

Yesterday Bloom Energy (NYSE: BE) announced its financial results for the first quarter ended March 31, 2026.

First Quarter Highlights

• Revenue of $751.1 million in the first quarter of 2026, an increase of 130.4% compared to $326.0 million in the first quarter of 2025. Product revenue of $653.3 million in the first quarter of 2026, an increase of 208.4% compared to $211.9 million in the first quarter of 2025.
• Gross margin of 30.0% in the first quarter of 2026, an increase of 2.8 percentage points year-over-year. Non-GAAP gross margin of 31.5% in the first quarter of 2026, an increase of 2.8 percentage points year-over-year.
• Service gross margin of 13.3% in the first quarter of 2026, an increase of 12.0 percentage points compared to 1.3% in the first quarter of 2025. Service non-GAAP gross margin of 18.0% in the first quarter of 2026, an increase of 13.2 percentage points compared to 4.8% in the first quarter of 2025.
• Operating income of $72.2 million in the first quarter of 2026, an increase of $91.3 million year-over-year. Non-GAAP operating income of $129.7 million in the first quarter of 2026, an increase of $116.5 million year-over-year.
• Generated $73.6 million cash flow from operating activities in the first quarter of 2026, an increase of $184.3 million year-over-year.
• KR Sridhar, Founder, Chairman, and Chief Executive Officer of Bloom Energy, said, “We at Bloom are ushering in the era of digital power for the digital age. Bloom is rapidly becoming the standard and “go-to choice” for on-site power.”
• Simon Edwards, Chief Financial Officer of Bloom Energy, added, “Bloom is a generational company with differentiated technology, a compelling strategy, and a mission-driven team focused on disciplined execution. I’m excited to help scale the business and support Bloom's next phase of growth.”

Full News

Research Fuel cell and hydrogen stocks at Investorideas.com 

https://www.investorideas.com/FCCN/Stock_List.asp