Bloom Energy Reports Strong Q1 2025 Performance With Revenue Growth

Published 1 hours agoBE

Bloom Energy Reports Strong Q1 2025 Performance With Revenue Growth

Bloom Energy Corporation (NYSE: BE) has announced its financial performance for the first quarter of 2025, showcasing robust growth and reaffirming its annual guidance. The company reported revenue of $326 million, indicating a significant increase compared to the previous quarter. This rise was driven by continued growth in product and service revenue, alongside improvements in gross and operating margins, reflecting better profitability and operational efficiency.

In addition to the revenue growth, Bloom Energy has maintained its 2025 full-year financial guidance. The company expects to see steady revenue, in line with its strategic objectives. It continues to focus on expanding its product and service revenue, aiming for a non-GAAP gross margin of about 25% and a positive non-GAAP operating margin, showcasing its commitment to profitability and operational improvements in the clean energy sector.

Aside from financial results, Bloom Energy's stock is currently priced at 18.32 USD, experiencing a minor decrease of 0.63 USD or 0.03% from the previous close. Reuters reported that the stock opened at 18.0 USD, with an intraday high of 19.0 USD and a low of 17.68 USD, underscoring the market's reaction to the recent financial disclosures.

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