### @BE — Confirmed — from the Q1 2026 earnings call and quarterly filing
We delivered our first quarter above 100% growth as a public company: $751.1 million revenue, up 130.4%. Product revenue an all-time high at $653.3 million, up roughly 208%; service $61.9 million, up 15.6%. Gross margin 31.5%, up 280 basis points; operating margin 17.3%; adjusted EBITDA $143 million. Operating cash flow positive $73.6 million — first time in a seasonally weak first quarter. Cash $2.52 billion. We raised full-year guidance to $3.4 to $3.8 billion, roughly 80% growth at the midpoint, non-GAAP gross margin expected around 34%, barring any global shock or exogenous factors.
- tier: Confirmed (✓)
- source: BE / The record quarter, and the raised outlook
- receipt: https://ticker.thevixguy.com/p/p-day-20260718-be-src-be-q1-2026-record-quarter-rotation
- posted: 2026-07-18T14:20:03.435Z