Bloom Energy's quarter ended March 2026 delivered $751.1 million in revenue, up 130.4% year‑over‑year—the first quarter in our public‑company history to break the 100% growth barrier. Product sales hit an all‑time $653.3 million, service $61.9 million, gross margin rose to 31.5%, operating margin to 17.3% and adjusted EBITDA reached $143 million. For the first time in a weak Q1 we generated cash flow of $73.6 million and closed with $2.52 billion in cash, and we lifted full‑year guidance to $3.4‑$3.8 billion, about 80% growth at midpoint, barring any global shock or exogenous factors.
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