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Side-by-side financial comparison of Bloom Energy Corp (BE) and NEW JERSEY RESOURCES CORP (NJR). Click either name above to swap in a different company.
Bloom Energy Corp is the larger business by last-quarter revenue ($751.1M vs $440.9M, roughly 1.7× NEW JERSEY RESOURCES CORP). NEW JERSEY RESOURCES CORP runs the higher net margin — 27.8% vs 9.4%, a 18.4% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 22.8%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 0.9%).
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.
New Jersey Resources is an energy services holding company based in Wall Township, New Jersey. It is a Fortune 1000 company, and a member of the Forbes Platinum 400. New Jersey Natural Gas is its principal subsidiary.
BE vs NJR — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $440.9M |
| Net Profit | $70.7M | $122.5M |
| Gross Margin | 30.0% | — |
| Operating Margin | 17.3% | 40.6% |
| Net Margin | 9.4% | 27.8% |
| Revenue YoY | 130.4% | 22.8% |
| Net Profit YoY | — | -6.7% |
| EPS (diluted) | $0.44 | $1.21 |
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 | $440.9M | ||
| Q3 25 | $513.3M | $188.3M | ||
| Q2 25 | $396.3M | $234.8M | ||
| Q1 25 | $319.3M | $569.2M | ||
| Q4 24 | $567.0M | $359.0M | ||
| Q3 24 | $321.8M | $265.7M | ||
| Q2 24 | $326.5M | $209.9M |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $122.5M | ||
| Q3 25 | $-23.0M | $15.1M | ||
| Q2 25 | $-42.2M | $-15.1M | ||
| Q1 25 | $-23.4M | $204.3M | ||
| Q4 24 | $105.2M | $131.3M | ||
| Q3 24 | $-14.6M | $91.1M | ||
| Q2 24 | $-61.2M | $-11.6M |
| 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% | 40.6% | ||
| Q3 25 | 1.5% | 21.5% | ||
| Q2 25 | -0.9% | -0.5% | ||
| Q1 25 | -6.0% | 49.2% | ||
| Q4 24 | 18.5% | 52.8% | ||
| Q3 24 | -3.0% | 55.0% | ||
| Q2 24 | -7.1% | 2.8% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 27.8% | ||
| Q3 25 | -4.5% | 8.0% | ||
| Q2 25 | -10.6% | -6.4% | ||
| Q1 25 | -7.3% | 35.9% | ||
| Q4 24 | 18.5% | 36.6% | ||
| Q3 24 | -4.5% | 34.3% | ||
| Q2 24 | -18.7% | -5.5% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $1.21 | ||
| Q3 25 | $-100.00 | $0.15 | ||
| Q2 25 | $-0.18 | $-0.15 | ||
| Q1 25 | $-0.10 | $2.02 | ||
| Q4 24 | $0.45 | $1.31 | ||
| Q3 24 | $-0.06 | $0.91 | ||
| Q2 24 | $-0.27 | $-0.12 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $2.4M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $948.0K | $2.5B |
| Total Assets | $4.7B | $7.9B |
| Debt / EquityLower = less leverage | — | 1.32× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $2.4M | ||
| Q3 25 | $595.1M | $591.0K | ||
| Q2 25 | $574.8M | $931.0K | ||
| Q1 25 | $794.8M | $83.7M | ||
| Q4 24 | $802.9M | $1.9M | ||
| Q3 24 | $495.7M | $1.0M | ||
| Q2 24 | $581.7M | $22.4M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $3.3B | ||
| Q3 25 | $1.1B | $3.3B | ||
| Q2 25 | $1.1B | $3.0B | ||
| Q1 25 | $1.1B | $3.0B | ||
| Q4 24 | $1.1B | $3.0B | ||
| Q3 24 | $1.1B | $2.9B | ||
| Q2 24 | $1.1B | $2.8B |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $2.5B | ||
| Q3 25 | $653.1M | $2.4B | ||
| Q2 25 | $594.6M | $2.4B | ||
| Q1 25 | $578.3M | $2.5B | ||
| Q4 24 | $562.5M | $2.3B | ||
| Q3 24 | $430.9M | $2.2B | ||
| Q2 24 | $423.3M | $2.1B |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $7.9B | ||
| Q3 25 | $2.6B | $7.6B | ||
| Q2 25 | $2.5B | $7.3B | ||
| Q1 25 | $2.6B | $7.3B | ||
| Q4 24 | $2.7B | $7.2B | ||
| Q3 24 | $2.6B | $7.0B | ||
| Q2 24 | $2.5B | $6.8B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 1.32× | ||
| Q3 25 | 1.73× | 1.36× | ||
| Q2 25 | 1.91× | 1.25× | ||
| Q1 25 | 1.96× | 1.20× | ||
| Q4 24 | 2.01× | 1.29× | ||
| Q3 24 | 2.62× | 1.31× | ||
| Q2 24 | 2.66× | 1.30× |
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 | — | $26.7M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $26.7M | ||
| Q3 25 | $19.7M | $81.2M | ||
| Q2 25 | $-213.1M | $-28.9M | ||
| Q1 25 | $-110.7M | $423.0M | ||
| Q4 24 | $484.2M | $-9.0M | ||
| Q3 24 | $-69.5M | $64.5M | ||
| Q2 24 | $-175.5M | $24.3M |
| 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× | 0.22× | ||
| Q3 25 | — | 5.39× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 2.07× | ||
| Q4 24 | 4.60× | -0.07× | ||
| Q3 24 | — | 0.71× | ||
| Q2 24 | — | — |
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% |
NJR
| Residential | $284.1M | 64% |
| Commercialand Industrial | $53.4M | 12% |
| Firm Transportation | $34.7M | 8% |
| Storage And Transportation ST Segment | $28.1M | 6% |
| Home Services And Other HSO | $16.0M | 4% |
| Energy Services ES Segment | $12.8M | 3% |
| Installationand Maintenance | $6.6M | 1% |
| Electricity | $5.6M | 1% |
| Renewable Energy Certificates | $3.7M | 1% |
| Interruptibleand Offtariff | $2.4M | 1% |
