$Bloom Energy Corp(BE)$ The EP

Porter Harry

09-29

$Bloom Energy Corp(BE)$ The EPS inflection might be one of the most overlooked parts of the Bloom story.

The shift over roughly two years is pretty striking:

2024 non-GAAP diluted EPS: $0.28

2025: $0.76

2026 guidance: $2.55–$2.85

That works out to about a 9–10x increase in just two years at the midpoint of the 2026 guidance.

So what is actually driving the EPS jump?

1. Revenue is scaling quickly.

AI/data-center demand is translating into much larger deployments.

2. Gross margins are expanding.

More revenue is turning into disproportionately more gross profit.

3. Operating expenses are not scaling nearly as fast as revenue.

That incremental gross profit is increasingly dropping to the bottom line.

4. Bloom is shifting from a growth company losing money toward a growth company with meaningful operating leverage.

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":612966443250024,"tweetId":"612966443250024","gmtCreate":1790663610000,"gmtModify":1790672920901,"author":{"id":10000000000010956,"idStr":"10000000000010955","authorId":10000000000010956,"authorIdStr":"10000000000010955","name":"Porter Harry","avatar":"https://static.tigerbbs.com/6b5dd5252a1bca34909f191e8c9ba404","vip":8,"userType":8,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[],"wearingBadges":[],"fanSize":29,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"title":"","html":"<html><head></head><body><a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$&nbsp;</a>The EPS inflection might be one of the most overlooked parts of the Bloom story.\nThe shift over roughly two years is pretty striking:\n2024 non-GAAP diluted EPS: $0.28\n2025: $0.76\n2026 guidance: $2.55–$2.85\nThat works out to about a 9–10x increase in just two years at the midpoint of the 2026 guidance.\nSo what is actually driving the EPS jump?\n1. Revenue is scaling quickly.\nAI/data-center demand is translating into much larger deployments.\n2. Gross margins are expanding.\nMore revenue is turning into disproportionately more gross profit.\n3. Operating expenses are not scaling nearly as fast as revenue.\nThat incremental gross profit is increasingly dropping to the bottom line.\n4. Bloom is shifting from a growth company losing money toward a growth company with meaningful operating leverage.\n<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a> <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$&nbsp;</a></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/BE\">$Bloom Energy Corp(BE)$&nbsp;</a>The EPS inflection might be one of the most overlooked parts of the Bloom story.\nThe shift over roughly two years is pretty striking:\n2024 non-GAAP diluted EPS: $0.28\n2025: $0.76\n2026 guidance: $2.55–$2.85\nThat works out to about a 9–10x increase in just two years at the midpoint of the 2026 guidance.\nSo what is actually driving the EPS jump?\n1. Revenue is scaling quickly.\nAI/data-center demand is translating into much larger deployments.\n2. Gross margins are expanding.\nMore revenue is turning into disproportionately more gross profit.\n3. Operating expenses are not scaling nearly as fast as revenue.\nThat incremental gross profit is increasingly dropping to the bottom line.\n4. Bloom is shifting from a growth company losing money toward a growth company with meaningful operating leverage.\n<a href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$&nbsp;</a> <a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$&nbsp;</a></body></html>","text":"$Bloom Energy Corp(BE)$ The EPS inflection might be one of the most overlooked parts of the Bloom story. The shift over roughly two years is pretty striking: 2024 non-GAAP diluted EPS: $0.28 2025: $0.76 2026 guidance: $2.55–$2.85 That works out to about a 9–10x increase in just two years at the midpoint of the 2026 guidance. So what is actually driving the EPS jump? 1. Revenue is scaling quickly. AI/data-center demand is translating into much larger deployments. 2. Gross margins are expanding. More revenue is turning into disproportionately more gross profit. 3. Operating expenses are not scaling nearly as fast as revenue. That incremental gross profit is increasingly dropping to the bottom line. 4. Bloom is shifting from a growth company losing money toward a growth company with meaningful operating leverage. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/612966443250024","repostId":0,"isVote":1,"tweetType":1,"viewCount":325,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["QQQ","BE","SPY"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":733,"optionInvolvedFlag":false,"subscribersOnly":false,"subscribersOnlyAccessible":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/612966443250024"}