[Sinolink Electric New Energy] BE Q2 revenue breaks $1 billion for first time, full-year guidance raised again _260729

English summary

On July 28, BE released Q2 2026 earnings: revenue $1.065 billion, +165.5% YoY, +41.9% QoQ, a record high; GAAP EPS $0.62 (loss of $0.18 in the same period last year); Non-GAAP EPS $0.78. Full-year revenue guidance raised to $3.9-4.2 billion, with midpoint +100% YoY; Non-GAAP operating profit guidance of $800-900 million. AI data center demand is being released intensively, with product revenue growing strongly. Product revenue was $935 million, +215.4% YoY, with a high degree of order fulfillment. The company stated that 'all major U.S. hyperscale cloud providers and more than 12 new cloud providers and AI labs have validated and approved Bloom's power solution, and Bloom has become the standard solution for AI on-site power supply.' Profitability and cash flow continue to improve. Non-GAAP gross margin was 34.3%, +604 bps YoY; operating cash flow of $226 million, positive for two consecutive quarters.…