vs
Side-by-side financial comparison of Bloom Energy Corp (BE) and Madison Square Garden Entertainment Corp. (MSGE). Click either name above to swap in a different company.
Bloom Energy Corp is the larger business by last-quarter revenue ($751.1M vs $424.8M, roughly 1.8× Madison Square Garden Entertainment Corp.). Madison Square Garden Entertainment Corp. runs the higher net margin — 21.8% vs 9.4%, a 12.4% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 12.5%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 48.9%).
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.
Madison Square Garden Sports Corp. is an American sports holding company based in New York City.
BE vs MSGE — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $424.8M |
| Net Profit | $70.7M | $92.7M |
| Gross Margin | 30.0% | — |
| Operating Margin | 17.3% | 38.6% |
| Net Margin | 9.4% | 21.8% |
| Revenue YoY | 130.4% | 12.5% |
| Net Profit YoY | — | 22.2% |
| EPS (diluted) | $0.44 | $1.94 |
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 | $772.8M | $424.8M | ||
| Q3 25 | $513.3M | $154.1M | ||
| Q2 25 | $396.3M | $145.1M | ||
| Q1 25 | $319.3M | $206.0M | ||
| Q4 24 | $567.0M | $377.6M | ||
| Q3 24 | $321.8M | $134.1M | ||
| Q2 24 | $326.5M | $177.6M |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $92.7M | ||
| Q3 25 | $-23.0M | $-21.7M | ||
| Q2 25 | $-42.2M | $-27.2M | ||
| Q1 25 | $-23.4M | $8.0M | ||
| Q4 24 | $105.2M | $75.9M | ||
| Q3 24 | $-14.6M | $-19.3M | ||
| Q2 24 | $-61.2M | $66.9M |
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 27.0% | — | ||
| Q1 25 | 27.8% | — | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 21.0% | — |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 38.6% | ||
| Q3 25 | 1.5% | -19.3% | ||
| Q2 25 | -0.9% | -17.7% | ||
| Q1 25 | -6.0% | 13.3% | ||
| Q4 24 | 18.5% | 36.8% | ||
| Q3 24 | -3.0% | -13.8% | ||
| Q2 24 | -7.1% | -5.0% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 21.8% | ||
| Q3 25 | -4.5% | -14.0% | ||
| Q2 25 | -10.6% | -18.7% | ||
| Q1 25 | -7.3% | 3.9% | ||
| Q4 24 | 18.5% | 20.1% | ||
| Q3 24 | -4.5% | -14.4% | ||
| Q2 24 | -18.7% | 37.7% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $1.94 | ||
| Q3 25 | $-100.00 | $-0.46 | ||
| Q2 25 | $-0.18 | $-0.56 | ||
| Q1 25 | $-0.10 | $0.17 | ||
| Q4 24 | $0.45 | $1.56 | ||
| Q3 24 | $-0.06 | $-0.40 | ||
| Q2 24 | $-0.27 | $1.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $157.1M |
| Total DebtLower is stronger | — | $554.6M |
| Stockholders' EquityBook value | $948.0K | $36.0M |
| Total Assets | $4.7B | $1.8B |
| Debt / EquityLower = less leverage | — | 15.40× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $157.1M | ||
| Q3 25 | $595.1M | $29.9M | ||
| Q2 25 | $574.8M | $43.0M | ||
| Q1 25 | $794.8M | $89.0M | ||
| Q4 24 | $802.9M | $54.9M | ||
| Q3 24 | $495.7M | $37.3M | ||
| Q2 24 | $581.7M | $33.3M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $554.6M | ||
| Q3 25 | $1.1B | $581.7M | ||
| Q2 25 | $1.1B | $568.8M | ||
| Q1 25 | $1.1B | $577.4M | ||
| Q4 24 | $1.1B | $584.7M | ||
| Q3 24 | $1.1B | $647.0M | ||
| Q2 24 | $1.1B | $599.2M |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $36.0M | ||
| Q3 25 | $653.1M | $-65.8M | ||
| Q2 25 | $594.6M | $-13.3M | ||
| Q1 25 | $578.3M | $9.5M | ||
| Q4 24 | $562.5M | $10.3M | ||
| Q3 24 | $430.9M | $-48.7M | ||
| Q2 24 | $423.3M | $-23.2M |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $1.8B | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.5B | $1.7B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.7B | $1.6B | ||
| Q3 24 | $2.6B | $1.6B | ||
| Q2 24 | $2.5B | $1.6B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 15.40× | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.91× | — | ||
| Q1 25 | 1.96× | 60.61× | ||
| Q4 24 | 2.01× | 56.61× | ||
| 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 | — | $164.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.77× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $164.4M | ||
| Q3 25 | $19.7M | $19.8M | ||
| Q2 25 | $-213.1M | $-27.0M | ||
| Q1 25 | $-110.7M | $56.8M | ||
| Q4 24 | $484.2M | $112.9M | ||
| Q3 24 | $-69.5M | $-27.4M | ||
| Q2 24 | $-175.5M | $212.0K |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | — | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $-220.4M | — | ||
| Q1 25 | $-124.9M | — | ||
| Q4 24 | $473.1M | — | ||
| Q3 24 | $-83.8M | — | ||
| Q2 24 | $-187.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | -55.6% | — | ||
| Q1 25 | -39.1% | — | ||
| Q4 24 | 83.4% | — | ||
| Q3 24 | -26.0% | — | ||
| Q2 24 | -57.4% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 1.77× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 7.07× | ||
| Q4 24 | 4.60× | 1.49× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
MSGE
| Ticketing And Venue License Fee Revenues | $263.5M | 62% |
| Food Beverage And Merchandise Revenues | $64.3M | 15% |
| Related Party | $43.9M | 10% |
| Arena Licensing Fees And Other Leasing Revenue | $35.2M | 8% |
| Other | $15.9M | 4% |
