Bloom Energy Corp (BE)
Bloom Energy Corporation engineers, produces, markets, and installs cutting-edge solid-oxide fuel cell systems designed for on-site electricity generation, serving clients both within the United States and internationally. Their core offering, the Bloom Energy Server, is an advanced power platform capable of converting various fuels, including natural gas, biogas, hydrogen, or a blend of these, directly into electricity using an electrochemical process that eliminates the need for combustion. The company provides its solutions to a wide array of critical infrastructure applications, such as data centers, hospitals, healthcare manufacturing and biotechnology facilities, grocery and hardware stores, banks, and telecommunication centers. Originally founded as Ion America Corp., the company adopted the name Bloom Energy Corporation in September 2006. Established in 2001, Bloom Energy Corporation's headquarters are situated in San Jose, California.
Sector: Electrical Industrial Apparatus
Industry: Electrical Equipment & Parts
Bloom Energy Corporation
NYSE:BEIndustrials · Electrical Equipment & Parts
-11.54%$192.65
AH Close$192.65+0.00%vs close
AH Close$192.65+0.00%vs close
Mkt Cap$56.96B
Float268.08M
O/S295.66M
Inst Own77.8%
SI7.8%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$2.02B
Net Income-$88.43M
Total Assets$4.4B
Free Cash Flow$57.19M
Debt & Equity
Debt 80%
Equity 20%
Total Debt$2.99B
Total Equity$768.64M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BE's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$4.4B
Liabilities$3.6B
Accounts Receivable$550.72M
Accounts Payable$203.13M
Inventory$643.31M
PP&E (Net)$507.05M
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Revenue | $2.02B | $1.47B | $1.33B | $1.2B | $972.18M | $794.25M | $785.18M | $742.04M | $376M | $208.54M | $172.89M | $248.14M |
| YoY Growth | 37.3% | 10.5% | 11.2% | 23.3% | 22.4% | 1.2% | 5.8% | 97.4% | 80.3% | 20.6% | -30.3% | - |
| Cost of Revenue | $1.44B | $1.07B | $1.14B | $1.05B | $777.17M | $632.85M | $690.35M | $532.54M | $397.26M | $309.84M | $347.62M | $351.1M |
| Gross Profit | $587.4M | $404.65M | $197.79M | $148.29M | $195.01M | $161.4M | $94.83M | $100.11M | -$21.26M | -$101.3M | -$174.73M | -$102.95M |
| Gross Margin | 29.0% | 27.5% | 14.8% | 12.4% | 20.1% | 20.3% | 12.1% | 13.5% | -5.7% | -48.6% | -101.1% | -41.5% |
| Research and Development | $185.99M | $148.63M | $155.87M | $150.61M | $103.4M | $83.58M | $104.17M | $89.14M | $51.15M | $46.85M | $43.93M | $53M |
| Selling, General, and Administrative | $328.61M | $233.11M | $250.84M | $258.67M | $208.69M | $163M | $226.22M | $181.79M | $88.09M | $90.65M | $78.52M | $67.01M |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.33M | $3.31M | -$9.56M |
| Total Operating Expenses | $514.6M | $381.74M | $406.7M | $409.28M | $312.08M | $246.58M | $330.39M | $270.93M | $139.24M | $137.49M | $125.76M | $125.68M |
| Operating Income (EBIT) | $72.8M | $22.91M | -$208.91M | -$260.99M | -$117.08M | -$85.18M | -$235.56M | -$170.65M | -$160.5M | -$244.12M | -$300.49M | -$232.53M |
| Operating Margin | 3.6% | 1.6% | -15.7% | -21.8% | -12.0% | -10.7% | -30.0% | -23.0% | -42.7% | -117.1% | -173.8% | -93.7% |
| Interest Expense | $53.89M | $62.64M | $108.3M | $53.49M | $69.03M | $78.79M | $94.24M | $105.91M | $124.3M | $81.19M | $0 | $0 |
| Interest Income | $34.07M | $25.34M | $19.89M | $3.89M | $262K | $1.48M | $5.66M | $4.32M | $759K | $394K | $40.63M | $22.11M |
| Other Income (Expense) | -$157.21M | -$49.27M | -$97.14M | -$53M | -$75.25M | -$93.65M | -$87.27M | -$119.09M | -$120.13M | -$91.46M | -$44.48M | -$28.88M |
| Income Before Tax (EBT) | -$84.4M | -$26.36M | -$306.04M | -$313.99M | -$192.32M | -$178.83M | -$322.83M | -$257.95M | -$280.63M | -$335.59M | -$344.97M | -$261.41M |
| Income Tax Expense | $2.74M | $846K | $1.89M | $1.1M | $1.05M | $256K | $633K | $1.54M | $636K | $729K | $707K | $574K |
| Net Income | -$88.43M | -$29.23M | -$302.12M | -$301.41M | -$164.44M | -$157.55M | -$304.41M | -$273.54M | -$262.6M | -$279.66M | -$341M | -$217.62M |
| Net Income Margin | -4.4% | -2.0% | -22.7% | -25.1% | -16.9% | -19.8% | -38.8% | -36.9% | -69.8% | -134.1% | -197.2% | -87.7% |
| Supplementary Data | ||||||||||||
| EPS | -0.37 | -0.13 | -1.42 | -1.69 | -1.11 | -1.29 | -2.81 | -4.54 | -4.52 | -4.81 | -35.01 | -23.18 |
| Diluted EPS | -0.37 | -0.13 | -1.42 | -1.69 | -1.11 | -1.29 | -2.81 | -4.54 | -4.48 | -4.81 | -35.01 | -23.17 |
| Weighted Average OS | 240.40M | 227.37M | 212.68M | 185.91M | 173.44M | 138.72M | 115.12M | 53.27M | 58.14M | 58.14M | 9.74M | 9.39M |
| EBITDA | $20.05M | $89.33M | -$135.13M | -$198.89M | -$69.84M | -$42.44M | -$150.01M | -$129.94M | -$117.63M | -$211.3M | -$268.7M | -$209.69M |
| EBITDA Margin | 1.0% | 6.1% | -10.1% | -16.6% | -7.2% | -5.3% | -19.1% | -17.5% | -31.3% | -101.3% | -155.4% | -84.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Assets | ||||||||||||
| Current Assets | ||||||||||||
| Cash and Cash Equivalents | $2.45B | $802.85M | $664.59M | $348.5M | $396.04M | $246.95M | $202.82M | $220.73M | $103.83M | $156.58M | $178.76M | $107.03M |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $104.35M | $26.82M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $2.45B | $802.85M | $664.59M | $348.5M | $396.04M | $246.95M | $202.82M | $325.08M | $130.64M | $156.58M | $178.76M | $107.03M |
| Accounts Receivable | $550.72M | $481M | $382.11M | $297.72M | $118.77M | $104.94M | $42.94M | $94.38M | $35.53M | $40.01M | $40.37M | $31.71M |
| Inventory | $643.31M | $544.66M | $502.51M | $268.39M | $143.37M | $142.06M | $109.61M | $132.48M | $90.26M | $83.16M | $82.95M | $116.91M |
| Other Current Assets | $32.62M | $181.66M | $111.97M | $111.69M | $126.1M | $99.1M | $96.3M | $79.39M | $138.71M | $94.9M | $119.39M | $174.81M |
| Total Current Assets | $3.73B | $2.04B | $1.69B | $1.06B | $806.42M | $618.6M | $472.71M | $663.93M | $419.98M | $392.08M | $318.26M | $441.8M |
| Long-Term Assets | ||||||||||||
| Property, Plant & Equipment Net | $507.05M | $525.96M | $633.08M | $727.37M | $710.77M | $636.25M | $607.06M | $481.41M | $497.79M | $538.45M | $354.54M | $256.33M |
| Goodwill | $0 | $0 | $0 | $0 | $1.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $10.04M | $0 | $0 | $0 | $1.82M | $1.95M | $5.73M | $6.05M | $5.01M | $6.13M | $141.29M | $12.24M |
| Deferred Tax Assets | $1.78M | $1.89M | $1.39M | $1.15M | $955K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $147.28M | $85.38M | $86.04M | $162.14M | $203.65M | $197.58M | $237.09M | $135.06M | $298.2M | $267.39M | $130.41M | $216.54M |
| Total Long-Term Assets | $666.14M | $613.23M | $720.51M | $890.66M | $919.15M | $835.78M | $849.88M | $717.09M | $801.01M | $811.96M | $626.24M | $485.11M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $4.4B | $2.66B | $2.41B | $1.95B | $1.73B | $1.45B | $1.32B | $1.39B | $1.22B | $1.2B | $944.5M | $926.91M |
| Liabilities | ||||||||||||
| Current Liabilities | ||||||||||||
| Accounts Payable | $203.13M | $92.7M | $132.08M | $161.77M | $72.97M | $58.33M | $55.58M | $66.89M | $48.58M | $41.51M | $36.7M | $34.83M |
| Short-Term Debt | $4.15M | $114.39M | $0 | $26.02M | $25.83M | $120.85M | $337.58M | $29.85M | $20.14M | $20.94M | $36.01M | $54.83M |
| Current Income Tax Payable | $0 | $10.21M | $17.41M | $6.17M | $1.49M | $2.73M | $3.85M | $1.8M | $5.52M | $3.12M | $0 | $0 |
| Current Unearned Revenue | $100.97M | $243.31M | $128.92M | $168.54M | $89.97M | $114.29M | $89.19M | $67.63M | $118.11M | $98.92M | $0 | $0 |
| Other Current Liabilities | $113.07M | $73.52M | $56.4M | $65.11M | $68.45M | $90.58M | $52.21M | $53.51M | $53.26M | $66.43M | $141.37M | $133.34M |
| Total Current Liabilities | $623.83M | $636.76M | $470.42M | $541.95M | $342.48M | $436.38M | $573.96M | $279.67M | $271.28M | $261.09M | $221.86M | $229.07M |
| Long-Term Liabilities | ||||||||||||
| Long-Term Debt | $2.61B | $1.01B | $846.63M | $385.56M | $500.9M | $270.05M | $299.23M | $711.43M | $921.21M | $773.35M | $605.86M | $414.93M |
| Long-Term Unearned Revenue | $42.84M | $43.1M | $19.14M | $56.39M | $90.31M | $96.67M | $136M | $97.78M | $320.31M | $247.61M | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $23.95M | $9.21M | $9.05M | $9.49M | $225.32M | $8.06M | $35.09M | $29.87M | $1.67B | $1.65B | $210.94M | $96M |
| Total Long-Term Liabilities | $2.98B | $1.44B | $1.42B | $1.03B | $1.38B | $876.61M | $916.49M | $1.02B | $2.92B | $2.67B | $816.79M | $510.92M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $3.6B | $2.07B | $1.89B | $1.57B | $1.73B | $1.31B | $1.49B | $1.3B | $3.19B | $2.93B | $1.04B | $740M |
| Stockholders' Equity | ||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1.46B | $1.48B |
| Common Stock | $28K | $23K | $21K | $20K | $18K | $17K | $12K | $11K | $1K | $1K | $1K | $1K |
| Retained Earnings | -$3.99B | -$3.9B | -$3.87B | -$3.56B | -$3.26B | -$3.1B | -$2.95B | -$2.57B | -$2.33B | -$2.07B | -$1.79B | -$1.45B |
| Comprehensive Income & Other | -$369K | -$2.59M | -$1.69M | -$1.25M | -$350K | -$9K | $19K | $131K | -$162K | -$542K | -$844K | -$896K |
| Other Stockholders' Equity | $4.76B | $4.46B | $4.37B | $3.91B | $3.22B | $3.18B | $2.69B | $2.48B | $150.64M | $108.11M | $1.56B | $1.56B |
| Total Equity | $768.64M | $562.47M | $502.08M | $340.78M | -$44.33M | $78.82M | -$259.59M | -$91.66M | -$2.18B | -$1.96B | -$227.28M | $109.18M |
| Minority Interest | $24.32M | $22.75M | $18.59M | $38.04M | $42.8M | $62.57M | $91.73M | $182.37M | $213.53M | $234.99M | $133.13M | $77.73M |
| Total Liabilities and Equity | $4.37B | $2.63B | $2.4B | $1.91B | $1.68B | $1.39B | $1.23B | $1.21B | $1.01B | $969.06M | $811.37M | $849.17M |
| Supplementary Data | ||||||||||||
| Total Debt | $2.99B | $1.53B | $1.45B | $1.02B | $1.12B | $913.37M | $1.09B | $1.14B | $941.34M | $794.28M | $639.98M | $469.76M |
| Net Debt | $537.84M | $726.92M | $790.09M | $672.12M | $727.47M | $666.43M | $891.15M | $914.33M | $837.51M | $637.71M | $461.22M | $362.73M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 |
| Operating Activities | ||||||||||||
| Net Income | -$88.43M | -$27.2M | -$307.94M | -$315.09M | -$193.37M | -$179.09M | -$323.47M | -$291.28M | -$295.03M | -$336.32M | -$341M | -$217.62M |
| Depreciation & Amortization | $50.57M | $53.05M | $62.61M | $61.61M | $53.45M | $57.61M | $78.58M | $53.89M | $54.38M | $43.1M | $35.64M | $30.11M |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $82.42M | $84.48M | $112.26M | $73.27M | $73.89M | $196.29M | $168.48M | $29.1M | $28.16M | $20.9M | $18.25M |
| Changes in Working Capital: | ||||||||||||
| Accounts Receivable | -$131.55M | -$96.66M | -$84.53M | -$181.88M | -$7.84M | -$56.53M | $57.47M | -$50.15M | $8.7M | -$212.36M | -$130.34M | -$59.85M |
| Inventory | -$119.21M | -$44.53M | -$231.69M | -$124.88M | -$885K | -$33M | $18.43M | -$36.97M | -$10.64M | -$209K | $33.96M | -$10.94M |
| Accounts Payable | $110.91M | -$36.63M | -$29.08M | $86.5M | $13.02M | -$620K | -$11.31M | $18.31M | $7.08M | $4.81M | $1.87M | $0 |
| Other Working Capital | -$77.44M | $104.38M | -$95.07M | $33.42M | -$23.22M | $16.85M | $31.92M | -$718K | $55.09M | $144.5M | $20.35M | -$74.61M |
| Total Working Capital Change | -$217.28M | -$73.44M | -$440.36M | -$186.84M | -$18.92M | -$73.3M | $96.5M | -$69.53M | $60.23M | -$63.27M | -$74.16M | -$145.4M |
| Other Non-Cash Items | $369.1M | $57.17M | $228.68M | $136.34M | $24.88M | $22.09M | $115.86M | $46.49M | $59.36M | $45.5M | $235.62M | $33.55M |
| Net Cash from Operating | $113.95M | $92M | -$372.53M | -$191.72M | -$60.68M | -$98.8M | $163.77M | -$91.95M | -$91.97M | -$282.83M | -$309.69M | -$281.11M |
| Investing Activities | ||||||||||||
| Capital Expenditures | -$56.76M | -$58.85M | -$83.74M | -$116.82M | -$49.81M | -$37.91M | -$51.05M | -$45.2M | -$61.45M | -$8.98M | -$6.26M | -$14.39M |
| Acquisitions | $131K | $0 | $0 | -$9.19M | $3.11M | $6.51M | $107.17M | $0 | $0 | $0 | $77.12M | $0 |
| Purchases of Investments | -$36.49M | $0 | $0 | $0 | $0 | $0 | -$103.91M | -$103.91M | -$29.04M | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $104.5M | $27M | $2.25M | $0 | $55.75M | $0 |
| Other Investing Activities | $0 | $70K | $14K | $9.19M | $0 | -$6.51M | -$3.26M | -$3.26M | $0 | $0 | $0 | -$81.02M |
| Net Cash from Investing | -$93.12M | -$58.78M | -$83.72M | -$116.82M | -$46.7M | -$37.91M | $53.45M | -$125.38M | -$88.25M | -$8.98M | $126.61M | -$95.41M |
| Financing Activities | ||||||||||||
| Debt Repaid | -$1.45B | -$173.11M | -$432.29M | $159.42M | -$15.82M | -$166.9M | $58.1M | -$43.92M | -$159.69M | -$115.33M | -$217.6M | -$217.18M |
| Common Stock Issuance | $59.12M | $12.37M | $16.95M | $400.68M | $89.79M | $23.49M | $12.71M | $294.05M | $432K | $1.24M | $627K | $56.74M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$947K | -$1.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $150K | -$8.8M | -$76.84M | -$29.89M | -$17.1M | -$14.36M | -$74.93M | -$20.77M | -$17.21M | $163.81M | -$7.14M | -$61.73M |
| Net Cash from Financing | $1.51B | $175.21M | $683.35M | $211.36M | $306.38M | $175.93M | -$120.31M | $317.2M | $142.91M | $283.38M | $211.08M | $212.18M |
| Forex Effect | $13.38M | -$2.63M | -$281K | $434K | -$594K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $1.54B | $205.79M | $226.81M | -$96.75M | $198.4M | $39.32M | $96.9M | $99.87M | -$37.3M | -$8.42M | $71.73M | -$164.34M |
| Supplementary Data | ||||||||||||
| Operating Cash Flow | $113.95M | $92M | -$372.53M | -$191.72M | -$60.68M | -$98.69M | $163.77M | -$91.95M | -$91.97M | -$282.83M | -$309.69M | -$281.11M |
| Capital Expenditure | -$56.76M | -$58.85M | -$83.74M | -$116.82M | -$49.81M | -$37.91M | -$51.05M | -$48.46M | -$61.45M | -$8.98M | -$6.26M | -$14.39M |
| Free Cash Flow | $57.19M | $33.15M | -$456.27M | -$308.55M | -$110.49M | -$136.61M | $112.72M | -$140.41M | -$153.42M | -$291.81M | -$315.95M | -$295.5M |
| Cash at Beginning | $913.47M | $745.18M | $518.37M | $615.11M | $416.71M | $377.39M | $280.49M | $180.61M | $217.91M | $226.34M | $107.03M | $271.36M |
| Cash at End | $2.46B | $950.97M | $745.18M | $518.37M | $615.11M | $416.71M | $377.39M | $280.49M | $180.61M | $217.91M | $178.76M | $107.03M |