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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
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
0.8B1.6B-0.2B2016201720182019202020212022202320242025
Compound annual growth
+19.1%
+20.6%
3 yrs
5 yrs
10 yrs
15 yrs

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

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%2016201720182019202020212022202320242025
ROE
FY2023 · ROE -71.7%
-500%2016201720182019202020212022202320242025

Cash & shareholders
USD 947,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 57.2
40M80M-200M-400M2016201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 0.9 · Net buybacks —
0.5M1.0M2022202320242025

USD 947,000.00 in dividends went back to shareholders.

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
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 %··−71.7−203.5−953.4·····
Shares out B·······0.000.01·

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

Provenance
Company facts, as filed
How we verify · 0 failures · 1 divergences in 48 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 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. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures1 divergent
ActivityElectrical Industrial Apparatus
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2016

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