Bloom Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,024	1,474	1,333	1,199	972.18
Revenue Growth (YoY)	37.33%	10.53%	11.20%	23.34%	22.40%
Cost of Revenue	1,424	1,069	1,012	942.04	774.6
Gross Profit	600.07	404.65	321.49	257.09	197.58
Selling, General & Admin	328.61	233.11	250.84	258.67	208.69
Research & Development	182.99	148.63	155.87	150.61	103.4
Operating Expenses	511.6	381.74	406.7	409.28	312.08
Operating Income	88.47	22.91	-85.21	-152.19	-114.5
Interest Expense	-53.89	-62.64	-108.3	-53.49	-69.03
Interest & Investment Income	34.07	25.34	19.89	3.89	0.26
Earnings From Equity Investments	-40.42	-	-	-	-
Other Non Operating Income (Expenses)	1.61	15.21	-4.43	5.56	-11.02
EBT Excluding Unusual Items	29.85	0.83	-178.06	-196.23	-194.29
Gain (Loss) on Sale of Investments	-	-	-	-	1.97
Asset Writedown	-15.67	-	-123.7	-108.8	-
Other Unusual Items	-98.58	-27.18	-4.29	-8.96	-
Pretax Income	-84.4	-26.36	-306.04	-313.99	-192.32
Income Tax Expense	2.74	0.85	1.89	1.1	1.05
Earnings From Continuing Operations	-87.14	-27.2	-307.94	-315.09	-193.37
Minority Interest in Earnings	-1.29	-2.02	5.82	13.68	28.92
Net Income	-88.43	-29.23	-302.12	-301.41	-164.45
Net Income to Common	-88.43	-29.23	-302.12	-301.41	-164.45
Shares Outstanding (Basic)	240	227	213	186	173
Shares Outstanding (Diluted)	240	227	213	186	173
Shares Change (YoY)	5.73%	6.90%	14.40%	7.19%	25.03%
EPS (Basic)	-0.37	-0.13	-1.42	-1.62	-0.95
EPS (Diluted)	-0.37	-0.13	-1.42	-1.62	-0.95
Free Cash Flow	57.19	33.15	-456.27	-308.55	-110.49
Free Cash Flow Per Share	0.24	0.15	-2.15	-1.66	-0.64
Gross Margin	29.65%	27.46%	24.11%	21.44%	20.32%
Operating Margin	4.37%	1.55%	-6.39%	-12.69%	-11.78%
Profit Margin	-4.37%	-1.98%	-22.66%	-25.14%	-16.91%
Free Cash Flow Margin	2.83%	2.25%	-34.22%	-25.73%	-11.37%
EBITDA	139.04	75.96	-33.5	-102.68	-84.55
EBITDA Margin	6.87%	5.15%	-2.51%	-8.56%	-8.70%
D&A For EBITDA	50.57	53.05	51.71	49.51	29.95
EBIT	88.47	22.91	-85.21	-152.19	-114.5
EBIT Margin	4.37%	1.55%	-6.39%	-12.69%	-11.78%
Revenue as Reported	2,024	1,474	1,333	1,199	972.18

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.