Bloom Energy Stock Price, News & Analysis

Bloom Energy reported strong Q1 2025 financial results, achieving record first-quarter revenue of $326.0 million, marking a 38.6% increase from Q1 2024. The company's product and service revenue grew 26.5% to $265.4 million.

Key highlights include improved gross margin of 27.2% (up 11.0 percentage points) and reduced operating loss of $19.1 million (a $29.9 million improvement). The company achieved a non-GAAP operating profit of $13.2 million, compared to a loss in Q1 2024.

Bloom reaffirmed its 2025 guidance with expected revenue of $1.65B-$1.85B and non-GAAP gross margin of ~29%. The company also announced CFO Dan Berenbaum's departure, with Chief Accounting Officer Maciej Kurzymski stepping in as Acting Principal Financial Officer.

CEO KR Sridhar highlighted strong execution and growing demand driven by AI, data centers, and industrial electrification as key growth factors.

Bloom Energy (NYSE: BE) has scheduled its first quarter 2025 financial results announcement for April 30, 2025, after market close. The company will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

The 60-minute earnings call will be accessible via phone at 1-888-596-4144 (toll-free) or 1-646-968-2525 with Conference ID 5744085. A live webcast will be available through the company's investor relations website. Replay options include a one-week telephonic replay and a one-year webcast archive on the investor website.

Conagra Brands (NYSE: CAG) has partnered with Bloom Energy to implement fuel cell technology at its Troy and Archbold, Ohio production facilities through a 15-year power purchase agreement (PPA). The collaboration will deploy approximately six megawatts of power, covering 70-75% of the facilities' electricity needs while projecting a 19% reduction in greenhouse gas emissions.

Bloom's combustion-free fuel cells will provide sustainable and reliable electricity generation without releasing pollutants like nitrogen oxides, carbon monoxide, and particulate matter. This initiative supports Conagra's 2030 science-based greenhouse gas reduction targets.

Additionally, Conagra has established a $9 million Sustainability Capital Allowance program to support its facilities in achieving sustainability goals through supply chain modernization and environmental impact reduction.

Bloom Energy (NYSE: BE) reported strong financial results for Q4 and full year 2024. The company achieved record revenue of $1.47 billion for the full year, up 10.5% from 2023. Q4 revenue reached $572.4 million, increasing 60.4% year-over-year.

Q4 highlights include product and service revenue of $525.5 million (up 67.2%), gross margin of 38.3% (up 12.4 points), and operating income of $104.7 million. The company generated $484.2 million in Q4 operating cash flow.

For the full year 2024, Bloom reported operating income of $22.9 million, a significant improvement from 2023's loss of $208.9 million. The company's 2025 guidance projects revenue between $1.65B-$1.85B with non-GAAP operating income of $135M-$165M.

Bloom Energy has expanded its collaboration with Equinix, reaching over 100MW of electricity capacity to support Equinix’s IBX® data centers across the U.S. This 10-year partnership now includes 75MW of operational fuel cells and an additional 30MW under construction. Initially starting as a 1MW pilot in 2015 at a single data center in Silicon Valley, the project has grown significantly to meet the increasing energy demands driven by AI computing.

Bloom Energy’s fuel cells provide cleaner and reliable onsite power at 19 Equinix IBX data centers across six states. This technology supplements grid power, offering a scalable and reliable energy solution. According to Aman Joshi, Chief Commercial Officer at Bloom Energy, this partnership highlights the scalability and reliability of their fuel cell technology for large projects. David Rinard, VP of Energy Operations at Equinix, emphasized the cost-effectiveness and sustainability of Bloom’s fuel cells in generating onsite power, which is important as power demands rise.

Bloom’s systems deliver clean power with virtually zero air pollution and no water usage, providing a sustainable alternative to grid-delivered energy, especially in areas with grid constraints.

Bloom Energy (NYSE: BE) and Chart Industries (NYSE: GTLS) have announced a strategic partnership focused on carbon capture technology. The collaboration aims to provide near zero-carbon, always-on power solutions using natural gas and fuel cells, targeting customers like data centers and manufacturers.

The partnership leverages Bloom's proprietary high-temperature fuel cell technology, which converts natural gas without combustion, producing a CO₂-rich stream with 15 times lower mass flow and ten times higher CO2 concentration compared to conventional technologies. Chart will process Bloom's high-purity CO2 exhaust stream for utilization or sequestration.

This initiative addresses the growing carbon storage market, which Morgan Stanley expects to reach over 500 million tonnes per annum of capacity within five years. The partnership offers an immediate pathway for carbon utilization while supporting long-term decarbonization efforts, making carbon capture more affordable and efficient for energy-intensive industries.

Bloom Energy (NYSE: BE) has announced it will release its fourth quarter 2025 financial results on February 27, 2025, after market close. The company's management will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day.

The conference call will last 60 minutes and will be accessible via toll-free dial-in numbers. A replay of the call will be available for one week through telephonic access, and a webcast replay will be hosted on the company's investor relations website for one year.

Bloom Energy (NYSE: BE) released the '2025 Data Center Power Report' highlighting a significant energy gap in data center capacity. The report predicts 35 GW of new data center capacity will be announced within five years, equivalent to over 6x New York City's annual energy usage. The survey of ~100 data center leaders reveals that 55 GW of data center IT capacity is expected in the U.S. within five years, compared to today's 25 GW capacity.

Key findings show approximately 30% of sites are expected to use onsite power as primary energy source by 2030, more than double from seven months ago. This shift is driven by AI needs, time-to-power considerations, and the necessity to support fluctuating AI workloads. The report indicates data centers are increasingly adopting onsite power systems to address economic imperatives and reduce pressure on the aging power grid.

Bloom Energy (NYSE: BE) has established a project financing partnership with HPS Investment Partners and Industrial Development Funding (IDF). The partnership includes a $125 million commitment to fund 19 MW of Energy Server deployments in the first tranche. This collaboration enables funding of large projects through PPA structures, allowing customers to access clean, on-site power with zero upfront costs.

The partnership addresses growing demand for reliable energy solutions for data centers, manufacturing plants, and industrial facilities. It provides Bloom with new debt and equity capital sources to create special purpose project companies for electricity sales, while offering HPS and IDF opportunities to invest in energy transition technologies.