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Side-by-side financial comparison of BELDEN INC. (BDC) and Bloom Energy Corp (BE). Click either name above to swap in a different company.
Bloom Energy Corp is the larger business by last-quarter revenue ($751.1M vs $720.1M, roughly 1.0× BELDEN INC.). BELDEN INC. runs the higher net margin — 9.4% vs 9.4%, a 0.0% gap on every dollar of revenue. On growth, BELDEN INC. posted the faster year-over-year revenue change (8.1% vs -3.4%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 15.9%).
Belden Inc. is an American, multinational, publicly traded company specializing in the design, manufacture, and distribution of end-to-end networking, security and connectivity products. The company serves the Industrial Automation Solutions, Smart Buildings and Broadband & 5G markets.
KR Sridhar is an Indian American engineer, inventor, professor, and entrepreneur. He is the founder, chairman, and chief executive officer (CEO) of Bloom Energy. Prior, Sridhar was a professor of Aerospace and Mechanical Engineering and the Director of the Space Technologies Laboratory (STL) at the University of Arizona. He worked with and advised NASA, and is a member of the National Academy of Engineering.
BDC vs BE — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $720.1M | $751.1M |
| Net Profit | $67.9M | $70.7M |
| Gross Margin | 36.6% | 30.0% |
| Operating Margin | 12.2% | 17.3% |
| Net Margin | 9.4% | 9.4% |
| Revenue YoY | 8.1% | -3.4% |
| Net Profit YoY | 16.3% | 396.7% |
| EPS (diluted) | $1.70 | $0.44 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $751.1M | ||
| Q4 25 | $720.1M | $772.8M | ||
| Q3 25 | $698.2M | $513.3M | ||
| Q2 25 | $672.0M | $396.3M | ||
| Q1 25 | $624.9M | $319.3M | ||
| Q4 24 | $666.0M | $567.0M | ||
| Q3 24 | $654.9M | $321.8M | ||
| Q2 24 | $604.3M | $326.5M |
| Q1 26 | — | $70.7M | ||
| Q4 25 | $67.9M | $1.4M | ||
| Q3 25 | $56.7M | $-23.0M | ||
| Q2 25 | $61.0M | $-42.2M | ||
| Q1 25 | $51.9M | $-23.4M | ||
| Q4 24 | $58.4M | $105.2M | ||
| Q3 24 | $53.7M | $-14.6M | ||
| Q2 24 | $49.0M | $-61.2M |
| Q1 26 | — | 30.0% | ||
| Q4 25 | 36.6% | 31.0% | ||
| Q3 25 | 37.7% | 29.5% | ||
| Q2 25 | 38.5% | 27.0% | ||
| Q1 25 | 39.3% | 27.8% | ||
| Q4 24 | 37.5% | 38.7% | ||
| Q3 24 | 37.3% | 24.5% | ||
| Q2 24 | 37.5% | 21.0% |
| Q1 26 | — | 17.3% | ||
| Q4 25 | 12.2% | 11.3% | ||
| Q3 25 | 10.9% | 1.5% | ||
| Q2 25 | 11.8% | -0.9% | ||
| Q1 25 | 11.6% | -6.0% | ||
| Q4 24 | 10.4% | 18.5% | ||
| Q3 24 | 11.5% | -3.0% | ||
| Q2 24 | 11.4% | -7.1% |
| Q1 26 | — | 9.4% | ||
| Q4 25 | 9.4% | 0.2% | ||
| Q3 25 | 8.1% | -4.5% | ||
| Q2 25 | 9.1% | -10.6% | ||
| Q1 25 | 8.3% | -7.3% | ||
| Q4 24 | 8.8% | 18.5% | ||
| Q3 24 | 8.2% | -4.5% | ||
| Q2 24 | 8.1% | -18.7% |
| Q1 26 | — | $0.44 | ||
| Q4 25 | $1.70 | $99.91 | ||
| Q3 25 | $1.41 | $-100.00 | ||
| Q2 25 | $1.53 | $-0.18 | ||
| Q1 25 | $1.27 | $-0.10 | ||
| Q4 24 | $1.41 | $0.45 | ||
| Q3 24 | $1.30 | $-0.06 | ||
| Q2 24 | $1.19 | $-0.27 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $389.9M | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.3B | $948.0K |
| Total Assets | $3.5B | $4.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $389.9M | $2.5B | ||
| Q3 25 | $314.3M | $595.1M | ||
| Q2 25 | $301.5M | $574.8M | ||
| Q1 25 | $259.0M | $794.8M | ||
| Q4 24 | $370.3M | $802.9M | ||
| Q3 24 | $323.0M | $495.7M | ||
| Q2 24 | $564.8M | $581.7M |
| Q1 26 | — | — | ||
| Q4 25 | — | $2.6B | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $1.1B | ||
| Q1 25 | — | $1.1B | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.1B |
| Q1 26 | — | $948.0K | ||
| Q4 25 | $1.3B | $768.6M | ||
| Q3 25 | $1.2B | $653.1M | ||
| Q2 25 | $1.2B | $594.6M | ||
| Q1 25 | $1.2B | $578.3M | ||
| Q4 24 | $1.3B | $562.5M | ||
| Q3 24 | $1.2B | $430.9M | ||
| Q2 24 | $1.2B | $423.3M |
| Q1 26 | — | $4.7B | ||
| Q4 25 | $3.5B | $4.4B | ||
| Q3 25 | $3.4B | $2.6B | ||
| Q2 25 | $3.4B | $2.5B | ||
| Q1 25 | $3.3B | $2.6B | ||
| Q4 24 | $3.3B | $2.7B | ||
| Q3 24 | $3.3B | $2.6B | ||
| Q2 24 | $3.5B | $2.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.41× | ||
| Q3 25 | — | 1.73× | ||
| Q2 25 | — | 1.91× | ||
| Q1 25 | — | 1.96× | ||
| Q4 24 | — | 2.01× | ||
| Q3 24 | — | 2.62× | ||
| Q2 24 | — | 2.66× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $160.4M | — |
| Free Cash FlowOCF − Capex | $121.3M | — |
| FCF MarginFCF / Revenue | 16.8% | — |
| Capex IntensityCapex / Revenue | 5.4% | — |
| Cash ConversionOCF / Net Profit | 2.36× | — |
| TTM Free Cash FlowTrailing 4 quarters | $218.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $160.4M | $418.1M | ||
| Q3 25 | $105.0M | $19.7M | ||
| Q2 25 | $82.0M | $-213.1M | ||
| Q1 25 | $7.4M | $-110.7M | ||
| Q4 24 | $174.7M | $484.2M | ||
| Q3 24 | $91.7M | $-69.5M | ||
| Q2 24 | $83.0M | $-175.5M |
| Q1 26 | — | — | ||
| Q4 25 | $121.3M | $395.1M | ||
| Q3 25 | $65.3M | $7.4M | ||
| Q2 25 | $56.9M | $-220.4M | ||
| Q1 25 | $-24.8M | $-124.9M | ||
| Q4 24 | $116.4M | $473.1M | ||
| Q3 24 | $67.2M | $-83.8M | ||
| Q2 24 | $61.0M | $-187.5M |
| Q1 26 | — | — | ||
| Q4 25 | 16.8% | 51.1% | ||
| Q3 25 | 9.4% | 1.4% | ||
| Q2 25 | 8.5% | -55.6% | ||
| Q1 25 | -4.0% | -39.1% | ||
| Q4 24 | 17.5% | 83.4% | ||
| Q3 24 | 10.3% | -26.0% | ||
| Q2 24 | 10.1% | -57.4% |
| Q1 26 | — | — | ||
| Q4 25 | 5.4% | 3.0% | ||
| Q3 25 | 5.7% | 2.4% | ||
| Q2 25 | 3.7% | 1.8% | ||
| Q1 25 | 5.2% | 4.5% | ||
| Q4 24 | 8.8% | 2.0% | ||
| Q3 24 | 3.7% | 4.4% | ||
| Q2 24 | 3.6% | 3.7% |
| Q1 26 | — | — | ||
| Q4 25 | 2.36× | 293.18× | ||
| Q3 25 | 1.85× | — | ||
| Q2 25 | 1.34× | — | ||
| Q1 25 | 0.14× | — | ||
| Q4 24 | 2.99× | 4.60× | ||
| Q3 24 | 1.71× | — | ||
| Q2 24 | 1.69× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BDC
| Automation Solutions Segment | $397.7M | 55% |
| Broadband Solutions | $164.8M | 23% |
| Smart Buildings Solutions | $157.7M | 22% |
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
