earnings
confidence high
sentiment positive
materiality 0.75
Bloom Energy Q1 revenue record $275.2M (+37% YoY); GAAP EPS -$0.35 vs -$0.44
Bloom Energy Corp
2023-Q1 EPS reported
-$0.35
revenue$275,191,000
- Revenue $275.2M (record), up 36.9% YoY from $201.0M, driven by Product and Service growth.
- GAAP net loss $71.6M ($0.35 per share) vs $78.4M ($0.44) in Q1 2022; operating loss improved $2.0M.
- Non-GAAP gross margin 21.2%, up 5.4 ppt YoY; non-GAAP operating loss $34.1M vs $39.4M.
- Gross margin 19.7%, up 5.8 percentage points from 13.9% a year ago.
- Reaffirms 2023 revenue and profitability framework; cites strong domestic acceptances.