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Side-by-side financial comparison of Bloom Energy Corp (BE) and WillScot Holdings Corp (WSC). Click either name above to swap in a different company.
Bloom Energy Corp is the larger business by last-quarter revenue ($751.1M vs $566.0M, roughly 1.3× WillScot Holdings Corp). Bloom Energy Corp runs the higher net margin — 9.4% vs -33.1%, a 42.5% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs -6.1%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs -1.8%).
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.
WillScot Holdings Corp is a leading provider of modular space solutions and portable storage services across North America. It serves a wide range of sectors including construction, commercial development, education, healthcare, government projects, and special events, offering flexible, scalable temporary and semi-permanent space solutions tailored to diverse client needs.
BE vs WSC — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $566.0M |
| Net Profit | $70.7M | $-187.3M |
| Gross Margin | 30.0% | 50.4% |
| Operating Margin | 17.3% | -32.5% |
| Net Margin | 9.4% | -33.1% |
| Revenue YoY | 130.4% | -6.1% |
| Net Profit YoY | — | -310.0% |
| EPS (diluted) | $0.44 | $-1.02 |
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 | $566.0M | ||
| Q3 25 | $513.3M | $566.8M | ||
| Q2 25 | $396.3M | $589.1M | ||
| Q1 25 | $319.3M | $559.6M | ||
| Q4 24 | $567.0M | $602.5M | ||
| Q3 24 | $321.8M | $601.4M | ||
| Q2 24 | $326.5M | $604.6M |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $-187.3M | ||
| Q3 25 | $-23.0M | $43.3M | ||
| Q2 25 | $-42.2M | $47.9M | ||
| Q1 25 | $-23.4M | $43.1M | ||
| Q4 24 | $105.2M | $89.2M | ||
| Q3 24 | $-14.6M | $-70.5M | ||
| Q2 24 | $-61.2M | $-46.9M |
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | 50.4% | ||
| Q3 25 | 29.5% | 49.7% | ||
| Q2 25 | 27.0% | 50.3% | ||
| Q1 25 | 27.8% | 53.7% | ||
| Q4 24 | 38.7% | 55.8% | ||
| Q3 24 | 24.5% | 53.5% | ||
| Q2 24 | 21.0% | 54.1% |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | -32.5% | ||
| Q3 25 | 1.5% | 21.0% | ||
| Q2 25 | -0.9% | 21.5% | ||
| Q1 25 | -6.0% | 21.3% | ||
| Q4 24 | 18.5% | 28.9% | ||
| Q3 24 | -3.0% | -5.9% | ||
| Q2 24 | -7.1% | -0.9% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | -33.1% | ||
| Q3 25 | -4.5% | 7.6% | ||
| Q2 25 | -10.6% | 8.1% | ||
| Q1 25 | -7.3% | 7.7% | ||
| Q4 24 | 18.5% | 14.8% | ||
| Q3 24 | -4.5% | -11.7% | ||
| Q2 24 | -18.7% | -7.7% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $-1.02 | ||
| Q3 25 | $-100.00 | $0.24 | ||
| Q2 25 | $-0.18 | $0.26 | ||
| Q1 25 | $-0.10 | $0.23 | ||
| Q4 24 | $0.45 | $0.48 | ||
| Q3 24 | $-0.06 | $-0.37 | ||
| Q2 24 | $-0.27 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $14.6M |
| Total DebtLower is stronger | — | $3.6B |
| Stockholders' EquityBook value | $948.0K | $856.3M |
| Total Assets | $4.7B | $5.8B |
| Debt / EquityLower = less leverage | — | 4.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $14.6M | ||
| Q3 25 | $595.1M | $14.8M | ||
| Q2 25 | $574.8M | $12.8M | ||
| Q1 25 | $794.8M | $10.7M | ||
| Q4 24 | $802.9M | $9.0M | ||
| Q3 24 | $495.7M | $11.0M | ||
| Q2 24 | $581.7M | $5.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $3.6B | ||
| Q3 25 | $1.1B | $3.6B | ||
| Q2 25 | $1.1B | $3.7B | ||
| Q1 25 | $1.1B | $3.6B | ||
| Q4 24 | $1.1B | $3.7B | ||
| Q3 24 | $1.1B | $3.6B | ||
| Q2 24 | $1.1B | $3.5B |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $856.3M | ||
| Q3 25 | $653.1M | $1.1B | ||
| Q2 25 | $594.6M | $1.0B | ||
| Q1 25 | $578.3M | $1.0B | ||
| Q4 24 | $562.5M | $1.0B | ||
| Q3 24 | $430.9M | $1.1B | ||
| Q2 24 | $423.3M | $1.2B |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $5.8B | ||
| Q3 25 | $2.6B | $6.1B | ||
| Q2 25 | $2.5B | $6.1B | ||
| Q1 25 | $2.6B | $6.0B | ||
| Q4 24 | $2.7B | $6.0B | ||
| Q3 24 | $2.6B | $6.0B | ||
| Q2 24 | $2.5B | $6.0B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 4.15× | ||
| Q3 25 | 1.73× | 3.39× | ||
| Q2 25 | 1.91× | 3.55× | ||
| Q1 25 | 1.96× | 3.56× | ||
| Q4 24 | 2.01× | 3.62× | ||
| Q3 24 | 2.62× | 3.42× | ||
| Q2 24 | 2.66× | 2.88× |
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 | — | $158.9M |
| Free Cash FlowOCF − Capex | — | $149.7M |
| FCF MarginFCF / Revenue | — | 26.5% |
| Capex IntensityCapex / Revenue | — | 1.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $737.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $158.9M | ||
| Q3 25 | $19.7M | $191.2M | ||
| Q2 25 | $-213.1M | $205.3M | ||
| Q1 25 | $-110.7M | $206.6M | ||
| Q4 24 | $484.2M | $178.9M | ||
| Q3 24 | $-69.5M | $-1.6M | ||
| Q2 24 | $-175.5M | $175.6M |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $149.7M | ||
| Q3 25 | $7.4M | $186.9M | ||
| Q2 25 | $-220.4M | $199.0M | ||
| Q1 25 | $-124.9M | $202.0M | ||
| Q4 24 | $473.1M | $176.6M | ||
| Q3 24 | $-83.8M | $-4.9M | ||
| Q2 24 | $-187.5M | $169.4M |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 26.5% | ||
| Q3 25 | 1.4% | 33.0% | ||
| Q2 25 | -55.6% | 33.8% | ||
| Q1 25 | -39.1% | 36.1% | ||
| Q4 24 | 83.4% | 29.3% | ||
| Q3 24 | -26.0% | -0.8% | ||
| Q2 24 | -57.4% | 28.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 1.6% | ||
| Q3 25 | 2.4% | 0.7% | ||
| Q2 25 | 1.8% | 1.1% | ||
| Q1 25 | 4.5% | 0.8% | ||
| Q4 24 | 2.0% | 0.4% | ||
| Q3 24 | 4.4% | 0.6% | ||
| Q2 24 | 3.7% | 1.0% |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | — | ||
| Q3 25 | — | 4.41× | ||
| Q2 25 | — | 4.28× | ||
| Q1 25 | — | 4.80× | ||
| Q4 24 | 4.60× | 2.01× | ||
| Q3 24 | — | — | ||
| 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% |
WSC
| Modular Space Leasing | $249.8M | 44% |
| Value Added Product And Services | $101.0M | 18% |
| Portable Storage Leasing | $83.0M | 15% |
| Delivery Revenue | $48.2M | 9% |
| Installation Revenue | $45.0M | 8% |
| Rental Units | $19.7M | 3% |
| New Units | $15.5M | 3% |
| Value Added Services | $10.3M | 2% |
| Other Leasing Related Products And Services | $3.8M | 1% |
