vs
Side-by-side financial comparison of Bloom Energy Corp (BE) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
PATRICK INDUSTRIES INC is the larger business by last-quarter revenue ($924.2M vs $751.1M, roughly 1.2× Bloom Energy Corp). Bloom Energy Corp runs the higher net margin — 9.4% vs 3.1%, a 6.3% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 9.2%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs -0.5%).
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.
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
BE vs PATK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $924.2M |
| Net Profit | $70.7M | $29.1M |
| Gross Margin | 30.0% | 23.0% |
| Operating Margin | 17.3% | 6.2% |
| Net Margin | 9.4% | 3.1% |
| Revenue YoY | 130.4% | 9.2% |
| Net Profit YoY | — | 99.7% |
| EPS (diluted) | $0.44 | $0.82 |
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 | $924.2M | ||
| Q3 25 | $513.3M | $975.6M | ||
| Q2 25 | $396.3M | $1.0B | ||
| Q1 25 | $319.3M | $1.0B | ||
| Q4 24 | $567.0M | $846.1M | ||
| Q3 24 | $321.8M | $919.4M | ||
| Q2 24 | $326.5M | $1.0B |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $29.1M | ||
| Q3 25 | $-23.0M | $35.3M | ||
| Q2 25 | $-42.2M | $32.4M | ||
| Q1 25 | $-23.4M | $38.2M | ||
| Q4 24 | $105.2M | $14.6M | ||
| Q3 24 | $-14.6M | $40.9M | ||
| Q2 24 | $-61.2M | $47.9M |
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | 23.0% | ||
| Q3 25 | 29.5% | 22.6% | ||
| Q2 25 | 27.0% | 23.9% | ||
| Q1 25 | 27.8% | 22.8% | ||
| Q4 24 | 38.7% | 22.1% | ||
| Q3 24 | 24.5% | 23.1% | ||
| Q2 24 | 21.0% | 22.8% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 6.2% | ||
| Q3 25 | 1.5% | 6.8% | ||
| Q2 25 | -0.9% | 8.3% | ||
| Q1 25 | -6.0% | 6.5% | ||
| Q4 24 | 18.5% | 4.7% | ||
| Q3 24 | -3.0% | 8.1% | ||
| Q2 24 | -7.1% | 8.3% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 3.1% | ||
| Q3 25 | -4.5% | 3.6% | ||
| Q2 25 | -10.6% | 3.1% | ||
| Q1 25 | -7.3% | 3.8% | ||
| Q4 24 | 18.5% | 1.7% | ||
| Q3 24 | -4.5% | 4.4% | ||
| Q2 24 | -18.7% | 4.7% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $0.82 | ||
| Q3 25 | $-100.00 | $1.01 | ||
| Q2 25 | $-0.18 | $0.96 | ||
| Q1 25 | $-0.10 | $1.11 | ||
| Q4 24 | $0.45 | $-1.44 | ||
| Q3 24 | $-0.06 | $1.80 | ||
| Q2 24 | $-0.27 | $2.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $26.4M |
| Total DebtLower is stronger | — | $1.3B |
| Stockholders' EquityBook value | $948.0K | $1.2B |
| Total Assets | $4.7B | $3.1B |
| Debt / EquityLower = less leverage | — | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $26.4M | ||
| Q3 25 | $595.1M | $20.7M | ||
| Q2 25 | $574.8M | $22.0M | ||
| Q1 25 | $794.8M | $86.6M | ||
| Q4 24 | $802.9M | $33.6M | ||
| Q3 24 | $495.7M | $52.6M | ||
| Q2 24 | $581.7M | $44.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.3B | ||
| Q3 25 | $1.1B | — | ||
| Q2 25 | $1.1B | — | ||
| Q1 25 | $1.1B | — | ||
| Q4 24 | $1.1B | $1.3B | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $1.2B | ||
| Q3 25 | $653.1M | $1.2B | ||
| Q2 25 | $594.6M | $1.1B | ||
| Q1 25 | $578.3M | $1.1B | ||
| Q4 24 | $562.5M | $1.1B | ||
| Q3 24 | $430.9M | $1.1B | ||
| Q2 24 | $423.3M | $1.1B |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $3.1B | ||
| Q3 25 | $2.6B | $3.1B | ||
| Q2 25 | $2.5B | $3.1B | ||
| Q1 25 | $2.6B | $3.2B | ||
| Q4 24 | $2.7B | $3.0B | ||
| Q3 24 | $2.6B | $3.1B | ||
| Q2 24 | $2.5B | $3.0B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 1.10× | ||
| Q3 25 | 1.73× | — | ||
| Q2 25 | 1.91× | — | ||
| Q1 25 | 1.96× | — | ||
| Q4 24 | 2.01× | 1.18× | ||
| 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 | — | $130.8M |
| Free Cash FlowOCF − Capex | — | $112.7M |
| FCF MarginFCF / Revenue | — | 12.2% |
| Capex IntensityCapex / Revenue | — | 2.0% |
| Cash ConversionOCF / Net Profit | — | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | — | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $130.8M | ||
| Q3 25 | $19.7M | $9.1M | ||
| Q2 25 | $-213.1M | $149.4M | ||
| Q1 25 | $-110.7M | $40.1M | ||
| Q4 24 | $484.2M | $102.7M | ||
| Q3 24 | $-69.5M | $51.5M | ||
| Q2 24 | $-175.5M | $137.5M |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $112.7M | ||
| Q3 25 | $7.4M | $-17.2M | ||
| Q2 25 | $-220.4M | $131.1M | ||
| Q1 25 | $-124.9M | $19.9M | ||
| Q4 24 | $473.1M | $77.2M | ||
| Q3 24 | $-83.8M | $33.7M | ||
| Q2 24 | $-187.5M | $120.6M |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 12.2% | ||
| Q3 25 | 1.4% | -1.8% | ||
| Q2 25 | -55.6% | 12.5% | ||
| Q1 25 | -39.1% | 2.0% | ||
| Q4 24 | 83.4% | 9.1% | ||
| Q3 24 | -26.0% | 3.7% | ||
| Q2 24 | -57.4% | 11.9% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 2.0% | ||
| Q3 25 | 2.4% | 2.7% | ||
| Q2 25 | 1.8% | 1.7% | ||
| Q1 25 | 4.5% | 2.0% | ||
| Q4 24 | 2.0% | 3.0% | ||
| Q3 24 | 4.4% | 1.9% | ||
| Q2 24 | 3.7% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 4.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 4.61× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | 4.60× | 7.05× | ||
| Q3 24 | — | 1.26× | ||
| Q2 24 | — | 2.87× |
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% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
