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Bloom Energy Corp (BE) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

INDUSTRIALS · ELECTRICAL EQUIPMENT & PARTS · DATA UPDATED 2026-07-20

Bloom Energy Corp (BE) operates in the ELECTRICAL EQUIPMENT & PARTS industry and is headquartered in San Jose, United States with about 2,000 employees. Its market capitalization is roughly $53 billion. In the fiscal year ended 2025-12-31, BE reported $2.0B in revenue and ($88M) in net income.

Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally.

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BE Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Revenue$2.4B$2.0B$1.5B$1.3B$1.2B$972M$794M$785M$742M$376M$209M$173M$248M
Gross Profit$762M$587M$405M$198M$148M$195M$161M$95M$100M($21M)($101M)($175M)($103M)
Gross Margin %31.1%29.0%27.5%14.8%12.4%20.1%20.3%12.1%13.5%-5.7%-48.6%-101.1%-41.5%
Operating Income (EBIT)$202M$73M$23M($209M)($261M)($117M)($85M)($236M)($171M)($160M)($244M)($300M)($233M)
Operating Margin %8.2%3.6%1.6%-15.7%-21.8%-12.0%-10.7%-30.0%-23.0%-42.7%-117.1%-173.8%-93.7%
Net Income$6M($88M)($29M)($302M)($301M)($164M)($158M)($304M)($274M)($263M)($280M)($341M)($218M)
Net Margin %0.2%-4.4%-2.0%-22.7%-25.1%-16.9%-19.8%-38.8%-36.9%-69.8%-134.1%-197.2%-87.7%
EBITDA$113M$20M$89M($135M)($199M)($60M)($42M)($150M)($130M)($126M)($211M)($269M)($210M)
Earnings Per Share (EPS)$-0.06$-0.37$-0.13$-1.42$-1.62$-0.95$-1.14$-2.64$-5.14$-4.48$-4.81$-35.01$-23.17
Shares Outstanding (M)320M240M227M213M186M173M139M115M53M59M58M10M9M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BE Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$751M$778M$519M$401M$326M$572M$330M$336M
Gross Profit$226M$240M$152M$145M$89M$219M$84M$106M
Gross Margin %30.0%30.9%29.2%36.1%27.2%38.3%25.3%31.5%
Operating Income (EBIT)$72M$88M$8M$34M($19M)$105M($5M)$14M
Operating Margin %9.6%11.3%1.5%8.5%-5.8%18.3%-1.5%4.2%
Net Income$71M$1M($23M)($43M)($24M)$105M($15M)($62M)
Net Margin %9.4%0.1%-4.5%-10.6%-7.3%18.3%-4.5%-18.4%
EBITDA$96M$26M$5M($14M)$3M$135M$15M($32M)
Earnings Per Share (EPS)$0.22$0.00$-0.10$-0.18$-0.10$0.36$-0.06$-0.27
Shares Outstanding (M)320M264M235M233M230M294M228M227M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BE Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Cash from Operations (CFO)$302M$114M$92M($373M)($192M)($61M)($99M)$164M($92M)($92M)($283M)($310M)($281M)
Capital Expenditures (CapEx)$69M$57M$59M$84M$117M$50M$38M$51M$48M$61M$9M$6M$14M
Free Cash Flow (FCF)$233M$57M$33M($456M)($309M)($110M)($137M)$113M($140M)($153M)($292M)($316M)($296M)
FCF Margin %9.5%2.8%2.2%-34.2%-25.7%-11.4%-17.2%14.4%-18.9%-40.8%-139.9%-182.8%-119.1%
Dividends Paid$3M$1M$1M$0M$0M$0M$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BE Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$74M$421M$20M($213M)($111M)$484M($69M)($175M)
Capital Expenditures (CapEx)$26M$23M$12M$7M$14M$11M$14M$12M
Free Cash Flow (FCF)$48M$398M$7M($220M)($125M)$473M($84M)($188M)
FCF Margin %6.3%51.2%1.4%-54.9%-38.3%82.7%-25.4%-55.9%
Dividends Paid$1M$1M$1M$1M$2M$2M$1M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BE Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-312014-12-31
Total Assets$4.7B$4.4B$2.7B$2.4B$1.9B$1.7B$1.5B$1.3B$1.4B$1.2B$1.2B$945M$927M
Cash & Cash Equivalents$2.5B$2.5B$803M$665M$348M$396M$247M$203M$221M$104M$157M$179M$107M
Total Liabilities$3.7B$3.6B$2.1B$1.9B$1.6B$1.7B$1.3B$1.5B$1.3B$3.2B$2.9B$1.0B$740M
Total Debt (Short + Long-Term)$2.7B$2.7B$1.2B$907M$446M$555M$412M$648M$741M$941M$794M$640M$470M
Total Shareholders' Equity$921M$769M$562M$502M$341M($44M)$79M($260M)$91M($2.2B)($2.0B)($227M)$109M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive BE viewer.

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