BE · 10-Q · 2026Q1 · Full report
Operating Cash Flow Improvement
Bloom Energy Corp · 2026-04-29 · Importance 82 · Surprise 82
Net cash provided by operating activities in Q1 2026 was $73.6 million, a year‑over‑year improvement of $184.3 million from a use of $110.7 million in Q1 2025. The improvement was driven by working capital movements and timing of vendor payments that produced a $53.9 million benefit. The company attributes much of the year-over-year operating cash improvement to changes in contract assets, prepaid expenses, accounts payable and inventories tied to deployment timing and milestone billings. Management expects operating cash generation plus cash on hand to fund operations for at least the next 12 months.
Key facts
- Net cash used in operating activities for the three months ended March 31, 2025: $(110,682) thousand
- Year-over-year net cash provided by operating activities increased by $184.3 million for the three months ended March 31, 2026
- Net cash provided by operating activities for the three months ended March 31, 2026: $73,610 thousand
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +4.0% | Year-over-year net cash provided by operating activities increased by $184.3 million for the three months ended March 31, 2026 |
| cash | positive | realized | +1.6% | Net cash provided by operating activities for the three months ended March 31, 2026: $73,610 thousand |