Bloom Energy Corporation reported its financial results for the second quarter ended June 30, 2025, on July 31, 2025. The company achieved its highest revenue and most profitable second quarter in its 24-year history, with total revenue reaching $401.24 million, a 19.5% increase year-over-year.
Product revenue was a primary driver, surging to $296.61 million, up 31.1% from the prior year. Gross profit for the quarter stood at $107.12 million, resulting in a robust gross margin of 27.0%, driven by increased demand and manufacturing efficiency gains. The service business achieved double-digit percentage margins for the first time ever.
Despite a net loss of $42.62 million, the company's operational discipline was evident, and it reiterated its full-year 2025 guidance. This guidance projects revenue between $1.65 billion and $1.85 billion, non-GAAP gross margin of approximately 29%, and non-GAAP operating income between $135 million and $165 million.
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