Bloom Energy Corporation (BE)

NYSE: BE · Real-Time Price · USD

288.70

+22.05 (8.27%)

At close: Sep 25, 2026, 4:00 PM EDT

289.00

+0.30 (0.10%)

After-hours: Sep 25, 2026, 7:59 PM EDT

Bloom Energy Financials Overview

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

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	3,113	2,024	1,474	1,333	1,199	972.18
Revenue Growth	90.98%	37.33%	10.53%	11.20%	23.34%	22.40%
Gross Profit	985.36	600.07	404.65	321.49	257.09	197.58
Operating Income	365.47	88.47	22.91	-85.21	-152.19	-114.5
Net Income	244.94	-88.43	-29.23	-302.12	-301.41	-164.45
Earnings Per Share	0.89	-0.37	-0.13	-1.42	-1.62	-0.95
EPS Growth	787.46%	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Product	2,612	1,531	1,085	975.25	880.66	663.51
Installation	209.95	204.07	122.32	92.8	92.12	96.06
Service	251.2	228.3	213.54	183.07	150.95	144.18
Electricity	40.43	60.35	52.84	82.36	75.39	68.42
Revenue (Total)	3,113	2,024	1,474	1,333	1,199	972.18

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Investments	2,717	2,454	802.85	664.59	348.5	396.04
Total Debt	2,815	2,996	1,532	1,457	1,029	1,126
Net Cash (Debt)	-98.16	-541.69	-729.37	-791.93	-680.17	-729.62
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.34	-2.25	-3.21	-3.72	-3.66	-4.21

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Operating Cash Flow	737.78	113.95	92	-372.53	-191.72	-60.68
Capital Expenditures	-113.08	-56.76	-58.85	-83.74	-116.82	-49.81
Free Cash Flow	624.71	57.19	33.15	-456.27	-308.55	-110.49
Free Cash Flow Growth	1317.72%	72.54%	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Gross Margin	31.65%	29.65%	27.46%	24.11%	21.44%	20.32%
Operating Margin	11.74%	4.37%	1.55%	-6.39%	-12.69%	-11.78%
Pretax Margin	8.17%	-4.17%	-1.79%	-22.95%	-26.18%	-19.78%
Profit Margin	7.87%	-4.37%	-1.98%	-22.66%	-25.14%	-16.91%
FCF Margin	20.07%	2.83%	2.25%	-34.22%	-25.73%	-11.37%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 27, 2026	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
Forward PE	81.76	101.00	51.84	52.39	295.98	172.94
P/FCF Ratio	136.11	359.34	153.16	-	-	-
PS Ratio	27.31	10.15	3.44	2.49	3.27	3.96