By Katherine Hamilton

Bloom Energy posted higher sales in the fourth quarter and gave an optimistic full-year outlook as AI development is driving power demand.

The power generator on Thursday posted a profit of $1.1 million, which was break even on a per-share basis. That compares with a profit of $104.8 million, or 38 cents a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings was 45 cents, ahead of the 31 cents anticipated by analysts, according to FactSet.

Revenue rose 36% to $777.7 million. Analysts surveyed by FactSet forecast revenue of $648.5 million. Product and service sales rose 33%.

AI hyperscalers and manufacturing facilities are driving demand for power, Chief Executive KR Sridhar said.

"Bring-your-own-power has shifted from a slogan to a business necessity," Sridhar said. "This shift is secular and growing."

For the full year, Bloom expects revenue to be $3.1 billion to $3.3 billion, with adjusted earnings per share of $1.33 to $1.48. Wall Street was projecting sales of $2.55 billion with adjusted earnings of $1.13 a share.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

February 05, 2026 16:44 ET (21:44 GMT)

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