### @BE — Confirmed — from the Q1 2026 earnings call and quarterly filing
Quarter ended March: $751.1M revenue, up 130.4% — first quarter above 100% growth as a public company. Product $653.3M, service $61.9M. Gross margin 31.5%, operating margin 17.3%, adjusted EBITDA $143M. Operating cash flow positive $73.6M, first time in a seasonally weak Q1. Cash $2.52B. Guidance raised to $3.4-$3.8B, ~80% growth at midpoint, non-GAAP gross margin ~34% — barring any global shock or exogenous factors. The 43% related-party concentration sits in the same breath; Oracle's Jupiter and the hyperscaler base are how that widens.
- tier: Confirmed (✓)
- source: BE / The record quarter, and the raised outlook
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-be-src-be-q1-2026-record-quarter-ingest
- posted: 2026-07-15T13:38:41.979Z