vs
Side-by-side financial comparison of Bloom Energy Corp (BE) and NCR Atleos Corp (NATL). Click either name above to swap in a different company.
NCR Atleos Corp is the larger business by last-quarter revenue ($1.2B vs $751.1M, roughly 1.5× Bloom Energy Corp). Bloom Energy Corp runs the higher net margin — 9.4% vs 7.2%, a 2.2% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 4.0%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 4.9%).
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.
NCR Voyix Corporation, previously known as NCR Corporation and National Cash Register, is a global software, consulting and technology company providing several professional services and electronic products. It manufactured self-service kiosks, point-of-sale terminals, automated teller machines, check processing systems, and barcode scanners.
BE vs NATL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $1.2B |
| Net Profit | $70.7M | $83.0M |
| Gross Margin | 30.0% | — |
| Operating Margin | 17.3% | 13.5% |
| Net Margin | 9.4% | 7.2% |
| Revenue YoY | 130.4% | 4.0% |
| Net Profit YoY | — | 102.4% |
| EPS (diluted) | $0.44 | $1.09 |
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 | $1.2B | ||
| Q3 25 | $513.3M | $1.1B | ||
| Q2 25 | $396.3M | $1.1B | ||
| Q1 25 | $319.3M | $979.0M | ||
| Q4 24 | $567.0M | $1.1B | ||
| Q3 24 | $321.8M | $1.1B | ||
| Q2 24 | $326.5M | $1.1B |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $83.0M | ||
| Q3 25 | $-23.0M | $26.0M | ||
| Q2 25 | $-42.2M | $39.0M | ||
| Q1 25 | $-23.4M | $14.0M | ||
| Q4 24 | $105.2M | $41.0M | ||
| Q3 24 | $-14.6M | $21.0M | ||
| Q2 24 | $-61.2M | $27.0M |
| 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% | 13.5% | ||
| Q3 25 | 1.5% | 9.8% | ||
| Q2 25 | -0.9% | 10.8% | ||
| Q1 25 | -6.0% | 9.5% | ||
| Q4 24 | 18.5% | 13.4% | ||
| Q3 24 | -3.0% | 10.6% | ||
| Q2 24 | -7.1% | 9.8% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 7.2% | ||
| Q3 25 | -4.5% | 2.3% | ||
| Q2 25 | -10.6% | 3.5% | ||
| Q1 25 | -7.3% | 1.4% | ||
| Q4 24 | 18.5% | 3.7% | ||
| Q3 24 | -4.5% | 2.0% | ||
| Q2 24 | -18.7% | 2.5% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $1.09 | ||
| Q3 25 | $-100.00 | $0.34 | ||
| Q2 25 | $-0.18 | $0.52 | ||
| Q1 25 | $-0.10 | $0.19 | ||
| Q4 24 | $0.45 | $0.56 | ||
| Q3 24 | $-0.06 | $0.28 | ||
| Q2 24 | $-0.27 | $0.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $456.0M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | $948.0K | $403.0M |
| Total Assets | $4.7B | $5.7B |
| Debt / EquityLower = less leverage | — | 6.63× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $456.0M | ||
| Q3 25 | $595.1M | $412.0M | ||
| Q2 25 | $574.8M | $357.0M | ||
| Q1 25 | $794.8M | $352.0M | ||
| Q4 24 | $802.9M | $419.0M | ||
| Q3 24 | $495.7M | $395.0M | ||
| Q2 24 | $581.7M | $374.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $2.7B | ||
| Q3 25 | $1.1B | $2.8B | ||
| Q2 25 | $1.1B | $2.8B | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $2.9B | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $403.0M | ||
| Q3 25 | $653.1M | $330.0M | ||
| Q2 25 | $594.6M | $350.0M | ||
| Q1 25 | $578.3M | $275.0M | ||
| Q4 24 | $562.5M | $219.0M | ||
| Q3 24 | $430.9M | $264.0M | ||
| Q2 24 | $423.3M | $250.0M |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $5.7B | ||
| Q3 25 | $2.6B | $5.7B | ||
| Q2 25 | $2.5B | $5.8B | ||
| Q1 25 | $2.6B | $5.7B | ||
| Q4 24 | $2.7B | $5.5B | ||
| Q3 24 | $2.6B | $5.7B | ||
| Q2 24 | $2.5B | $5.8B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 6.63× | ||
| Q3 25 | 1.73× | 8.45× | ||
| Q2 25 | 1.91× | 8.05× | ||
| Q1 25 | 1.96× | — | ||
| Q4 24 | 2.01× | 13.05× | ||
| 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 | — | $231.0M |
| Free Cash FlowOCF − Capex | — | $194.0M |
| FCF MarginFCF / Revenue | — | 16.8% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | $239.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $231.0M | ||
| Q3 25 | $19.7M | $25.0M | ||
| Q2 25 | $-213.1M | $-23.0M | ||
| Q1 25 | $-110.7M | $123.0M | ||
| Q4 24 | $484.2M | $80.0M | ||
| Q3 24 | $-69.5M | $107.0M | ||
| Q2 24 | $-175.5M | $9.0M |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $194.0M | ||
| Q3 25 | $7.4M | $-5.0M | ||
| Q2 25 | $-220.4M | $-44.0M | ||
| Q1 25 | $-124.9M | $94.0M | ||
| Q4 24 | $473.1M | $62.0M | ||
| Q3 24 | $-83.8M | $85.0M | ||
| Q2 24 | $-187.5M | $-14.0M |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 16.8% | ||
| Q3 25 | 1.4% | -0.4% | ||
| Q2 25 | -55.6% | -4.0% | ||
| Q1 25 | -39.1% | 9.6% | ||
| Q4 24 | 83.4% | 5.6% | ||
| Q3 24 | -26.0% | 7.9% | ||
| Q2 24 | -57.4% | -1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 3.2% | ||
| Q3 25 | 2.4% | 2.7% | ||
| Q2 25 | 1.8% | 1.9% | ||
| Q1 25 | 4.5% | 3.0% | ||
| Q4 24 | 2.0% | 1.6% | ||
| Q3 24 | 4.4% | 2.1% | ||
| Q2 24 | 3.7% | 2.1% |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 2.78× | ||
| Q3 25 | — | 0.96× | ||
| Q2 25 | — | -0.59× | ||
| Q1 25 | — | 8.79× | ||
| Q4 24 | 4.60× | 1.95× | ||
| Q3 24 | — | 5.10× | ||
| Q2 24 | — | 0.33× |
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% |
NATL
| Services | $848.0M | 74% |
| APJ | $136.0M | 12% |
| Americas Excluding United States | $135.0M | 12% |
| TT | $44.0M | 4% |
