BE Q1 2026 Earnings — Income Statement Breakdown
For its Q1 2026 period (ending 2026-03-31), BE reported revenue of $751M, gross profit of $226M (30.0% gross margin), operating income of $72M, and net income of $71M (9.4% net margin). The flow of revenue into costs and profit is visualized below.
What changed
BE was profitable; revenue grew 44.7% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +44.7% | +267.5% | +17.5 pp |
Consensus estimate data is not available for this report.
BE Q1 2026 Income Statement
| Line item | Amount (USD) | % of revenue |
|---|---|---|
| Revenue | $751M | 100% |
| Cost of Revenue | −$526M | 70.0% |
| Gross Profit | $226M | 30.0% |
| Research & Development | −$57M | 7.6% |
| Selling, General & Administrative | −$97M | 12.8% |
| Operating Income | $72M | 9.6% |
| Interest Expense | −$9M | 1.1% |
| Other Income, net | $11M | 1.4% |
| Income Tax Expense | −$445,000 | 0.1% |
| Net Income | $71M | 9.4% |
Source: original SEC filing (filed 2026-04-28). Accession 0001628280-26-027913. Data normalized by EarningsFyi.