Bloom Energy Corp. (NYSE:BE) released its first-quarter results after Wednesday's closing bell. Here's a look at the details from the quarter.
The Details: Bloom Energy reported quarterly earnings of three cents per share, which beat the analyst consensus estimate of losses of seven cents. Quarterly revenue came in at $326.02 million, which beat the analyst consensus estimate of $293.87 million by 10.94% and is an increase over revenue of $235.3 million from the prior year’s quarter.
Read Next: SoFi Brings Crypto Back After Trump Policy Changes
Product and service revenue was $265.4 million in the first quarter of 2025, an increase of 26.5% compared to $209.8 million in the first quarter of 2024.
Non-GAAP gross margin was 28.7% in the first quarter of 2025, an increase of 11.2 percentage points compared to 17.5% last year.
Bloom Energy also announced that CFO Dan Berenbaum will depart the company, effective May 1, 2025. “Bloom has commenced a national search for a new permanent CFO, and in the interim, Maciej Kurzymski, Bloom’s chief accounting officer since 2021, will assume the role of acting principal financial officer,” stated the company.
Outlook: Bloom Energy affirmed its fiscal 2025 revenue outlook of $1.65 billion to $1.85 billion, versus the $1.73 billion estimate.
BE Price Action: According to data from Benzinga Pro, Bloom Energy stock was flat after hours at $18.32 Wednesday.
Read Next:
Photo: Shutterstock
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
