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Side-by-side financial comparison of Bloom Energy Corp (BE) and Frontier Group Holdings, Inc. (ULCC). Click either name above to swap in a different company.
Frontier Group Holdings, Inc. is the larger business by last-quarter revenue ($997.0M vs $751.1M, roughly 1.3× Bloom Energy Corp). Bloom Energy Corp runs the higher net margin — 9.4% vs 5.3%, a 4.1% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs -0.5%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 7.4%).
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.
Frontier Communications Parent, Inc. is an American telecommunications company with a fiber-optic network and cloud-based services owned by Verizon. It was previously known as Citizens Utilities Co., Citizens Communications Co., and Frontier Communications Corp.
BE vs ULCC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $997.0M |
| Net Profit | $70.7M | $53.0M |
| Gross Margin | 30.0% | — |
| Operating Margin | 17.3% | 4.9% |
| Net Margin | 9.4% | 5.3% |
| Revenue YoY | 130.4% | -0.5% |
| Net Profit YoY | — | -1.9% |
| EPS (diluted) | $0.44 | $0.24 |
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 | $997.0M | ||
| Q3 25 | $513.3M | $886.0M | ||
| Q2 25 | $396.3M | $929.0M | ||
| Q1 25 | $319.3M | $912.0M | ||
| Q4 24 | $567.0M | $1.0B | ||
| Q3 24 | $321.8M | $935.0M | ||
| Q2 24 | $326.5M | $973.0M |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $53.0M | ||
| Q3 25 | $-23.0M | $-77.0M | ||
| Q2 25 | $-42.2M | $-70.0M | ||
| Q1 25 | $-23.4M | $-43.0M | ||
| Q4 24 | $105.2M | $54.0M | ||
| Q3 24 | $-14.6M | $26.0M | ||
| Q2 24 | $-61.2M | $31.0M |
| 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% | 4.9% | ||
| Q3 25 | 1.5% | -8.7% | ||
| Q2 25 | -0.9% | -8.1% | ||
| Q1 25 | -6.0% | -5.0% | ||
| Q4 24 | 18.5% | 4.5% | ||
| Q3 24 | -3.0% | 2.0% | ||
| Q2 24 | -7.1% | 2.6% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 5.3% | ||
| Q3 25 | -4.5% | -8.7% | ||
| Q2 25 | -10.6% | -7.5% | ||
| Q1 25 | -7.3% | -4.7% | ||
| Q4 24 | 18.5% | 5.4% | ||
| Q3 24 | -4.5% | 2.8% | ||
| Q2 24 | -18.7% | 3.2% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $0.24 | ||
| Q3 25 | $-100.00 | $-0.34 | ||
| Q2 25 | $-0.18 | $-0.31 | ||
| Q1 25 | $-0.10 | $-0.19 | ||
| Q4 24 | $0.45 | $0.24 | ||
| Q3 24 | $-0.06 | $0.11 | ||
| Q2 24 | $-0.27 | $0.14 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $671.0M |
| Total DebtLower is stronger | — | $620.0M |
| Stockholders' EquityBook value | $948.0K | $491.0M |
| Total Assets | $4.7B | $7.2B |
| Debt / EquityLower = less leverage | — | 1.26× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $671.0M | ||
| Q3 25 | $595.1M | $566.0M | ||
| Q2 25 | $574.8M | $563.0M | ||
| Q1 25 | $794.8M | $686.0M | ||
| Q4 24 | $802.9M | $740.0M | ||
| Q3 24 | $495.7M | $576.0M | ||
| Q2 24 | $581.7M | $658.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $620.0M | ||
| Q3 25 | $1.1B | $673.0M | ||
| Q2 25 | $1.1B | $565.0M | ||
| Q1 25 | $1.1B | $512.0M | ||
| Q4 24 | $1.1B | $507.0M | ||
| Q3 24 | $1.1B | $474.0M | ||
| Q2 24 | $1.1B | $455.0M |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $491.0M | ||
| Q3 25 | $653.1M | $434.0M | ||
| Q2 25 | $594.6M | $506.0M | ||
| Q1 25 | $578.3M | $570.0M | ||
| Q4 24 | $562.5M | $604.0M | ||
| Q3 24 | $430.9M | $549.0M | ||
| Q2 24 | $423.3M | $520.0M |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $7.2B | ||
| Q3 25 | $2.6B | $6.7B | ||
| Q2 25 | $2.5B | $6.5B | ||
| Q1 25 | $2.6B | $6.5B | ||
| Q4 24 | $2.7B | $6.2B | ||
| Q3 24 | $2.6B | $5.8B | ||
| Q2 24 | $2.5B | $5.7B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 1.26× | ||
| Q3 25 | 1.73× | 1.55× | ||
| Q2 25 | 1.91× | 1.12× | ||
| Q1 25 | 1.96× | 0.90× | ||
| Q4 24 | 2.01× | 0.84× | ||
| Q3 24 | 2.62× | 0.86× | ||
| Q2 24 | 2.66× | 0.88× |
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 | — | $-91.0M |
| Free Cash FlowOCF − Capex | — | $-113.0M |
| FCF MarginFCF / Revenue | — | -11.3% |
| Capex IntensityCapex / Revenue | — | 2.2% |
| Cash ConversionOCF / Net Profit | — | -1.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-600.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $-91.0M | ||
| Q3 25 | $19.7M | $-215.0M | ||
| Q2 25 | $-213.1M | $-133.0M | ||
| Q1 25 | $-110.7M | $-86.0M | ||
| Q4 24 | $484.2M | $87.0M | ||
| Q3 24 | $-69.5M | $-156.0M | ||
| Q2 24 | $-175.5M | $9.0M |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $-113.0M | ||
| Q3 25 | $7.4M | $-217.0M | ||
| Q2 25 | $-220.4M | $-166.0M | ||
| Q1 25 | $-124.9M | $-104.0M | ||
| Q4 24 | $473.1M | $73.0M | ||
| Q3 24 | $-83.8M | $-170.0M | ||
| Q2 24 | $-187.5M | $-22.0M |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | -11.3% | ||
| Q3 25 | 1.4% | -24.5% | ||
| Q2 25 | -55.6% | -17.9% | ||
| Q1 25 | -39.1% | -11.4% | ||
| Q4 24 | 83.4% | 7.3% | ||
| Q3 24 | -26.0% | -18.2% | ||
| Q2 24 | -57.4% | -2.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 2.2% | ||
| Q3 25 | 2.4% | 0.2% | ||
| Q2 25 | 1.8% | 3.6% | ||
| Q1 25 | 4.5% | 2.0% | ||
| Q4 24 | 2.0% | 1.4% | ||
| Q3 24 | 4.4% | 1.5% | ||
| Q2 24 | 3.7% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | -1.72× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.60× | 1.61× | ||
| Q3 24 | — | -6.00× | ||
| Q2 24 | — | 0.29× |
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% |
ULCC
| Aircraft Fare | $453.0M | 45% |
| Passenger Service Fees | $227.0M | 23% |
| Passenger Baggage | $177.0M | 18% |
| Passenger Seat Selection | $69.0M | 7% |
| Other Passenger Revenue | $36.0M | 4% |
| Other | $35.0M | 4% |
