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NYSE · ELECTRICAL INDUSTRIAL APPARATUS · LARGE CAP

Bloom Energy Corp. BE

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.0B
▲ 37.3% YoY
$-87.1M
$57.2M
▲ 72.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Bloom Energy manufactures a fuel cell energy platform, with two main products: the Bloom Energy Server fuel cell system for generating electricity and the Bloom Electrolyzer for producing hydrogen. Its Energy Server systems are deployed across approximately 1,100 sites in 9 countries. As of December 31, 2025, Bloom Energy had 2,214 full-time employees worldwide, of which 1,752 were located in the U.S., 395 in India, and 67 in other countries. Bloom Energy is headquartered in Silicon Valley and manufactures its systems in the United States. During the year ended December 31, 2025, revenue from three of the company's customers and distributors, the first of which is a related party, accounted for approximately 43%, 13% and 12% of its total revenue.

Written from the business description in BLOOM ENERGY CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 9 February 2026. Every sentence was checked against that document before publication.

Growth

USD 2.0B
Revenue, FY2025 · full 10-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.0 · Net income -0.1
1.0B2.0B-0.1B-0.3B
2016201920222025
Compound annual growth
+19.1%
+20.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +20.6% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 3.6% · Net -4.3%
-50%-100%-150%
201620202025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.

Return on equity has no reading this year — return on capital employed, just below, still does: 3%.

Cash & shareholders

USD 947,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 57.2
50M100M-200M-400M
201620202025
Net buybacks $M Dividends $M
FY2025 · Dividends 0.9 · Net buybacks ·
1M2M
2022202320242025

USD 947,000.00 in dividends — Not available: we don't have a clean profit figure for this period.

Total assetsUSD 4.4B
EquityUSD 768.6M
CashUSD 2.5B
Gross debtUSD 2.6B
Net debtUSD 163.8M
Current ratio5.98×

Net debt stands at 21% of equity.

The 10-year record

10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
BE, 10-year financial record
Metric 2025202420232022202120202019201820172016
Revenue $B2.01.51.31.21.00.80.80.60.40.2
Operating income $B0.10.0−0.2−0.3−0.1−0.1−0.2−0.2−0.2−0.2
EBITDA $B0.10.1−0.1−0.2−0.1−0.0−0.2−0.1−0.1−0.2
Income tax $B0.00.00.00.00.00.00.00.00.00.0
Net income $B−0.1−0.0−0.3−0.3−0.2−0.2−0.3−0.3−0.3−0.3
Free cash flow $B0.10.0−0.5−0.3−0.1−0.10.1−0.1−0.2−0.3
EPS, diluted $−0.37−0.13−1.42−1.62−0.95−1.14−2.67−5.14−26.97−27.84
Dividend / sh $◌◌◌◌◌◌◌◌◌◌
Payout %◌◌−0−0——————
ROE %◌◌−71.7——————◌
Shares out B◌◌◌◌◌◌◌0.000.01◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures · 1 divergence in 48 reconciliationsAUDITED

Reconciled in 9 of the 10 fiscal years we could check. 1 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 20 checks were skipped: the balance sheet is not tagged before 2017. Nine checks were skipped: EPS is not tagged before 2016. Nine checks were skipped: revenue is not tagged before 2016.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures1 divergent
ActivityElectrical Industrial Apparatus
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2016

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