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Bloom Energy Expands Gross Margin By 600 Basis Points — Can It Last?

Bloom Energy Corporation reported significant acceleration in its business during the second quarter of 2026, marked by its first quarterly revenue exceeding $1 billion and an overall revenue increase of 166% year-over-year and 42% sequentially. The company highlighted that this rapid growth follows a strong trajectory where it doubled its revenue in three years and now anticipates doubling that figure again within one year. The growth is largely driven by increased demand from AI data centers, commercial, and industrial customers, including hyperscalers, neoclouds, and colocation data center operators, who have validated and approved Bloom Energy’s on-site power solutions. The company’s operating model benefits from robust capital partnerships, chiefly with Brookfield, which expanded its financing commitment fivefold to $25 billion, supporting the deployment of Bloom Energy’s products under various contractual structures such as power purchase agreements and equipment leases.