Bloom Energy Corp
BE- Exchange
- NYSE
- Industry
- Electrical Industrial Apparatus
- SEC CIK
- 0001664703
In the last 90 days, Bloom Energy Corp insiders filed 0 open-market purchases and 12 sales; 1,293 institutions reported holding it in 13F filings for Q2 2026, worth $69.6B in total; no superinvestor holds it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 23, 2026, 1:09 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Net loss for FY2025: $87.1M (4.3% of revenue).
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 27, 2025 | Feb 15, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Revenue | $2.02B | $1.47B | $1.33B | $1.20B | $972.2M |
| Cost of revenue | $1.44B | $1.07B | $1.14B | $1.05B | $774.6M |
| Gross profit | $587.4M | $404.6M | $197.8M | $148.3M | $197.6M |
| Operating expenses | $514.6M | $381.7M | $406.7M | $409.3M | $312.1M |
| Research and development | $186.0M | $148.6M | $155.9M | $150.6M | $103.4M |
| Selling, general and administrative | $198.4M | $165.1M | $160.9M | $167.7M | $122.2M |
| Operating income | $72.8M | $22.9M | -$208.9M | -$261.0M | -$114.5M |
| Interest expense | $38.1M | $62.6M | $108.3M | $53.5M | $69.0M |
| Income tax | $2.74M | $846.0K | $1.89M | $1.10M | $1.05M |
| Net income | -$87.1M | -$27.2M | -$302.1M | -$315.1M | -$164.4M |
| EPS, basic | $-0.37 | $-0.13 | $-1.42 | $-1.62 | $-0.95 |
| EPS, diluted | $-0.37 | $-0.13 | $-1.42 | $-1.62 | $-0.95 |
| Weighted shares, basic | 240.4M | 227.4M | 212.7M | 185.9M | 173.4M |
| Weighted shares, diluted | 240.4M | 227.4M | 212.7M | 185.9M | 173.4M |
| Margins and growth | |||||
| Gross margin | 29.0% | 27.5% | 14.8% | 12.4% | 20.3% |
| Operating margin | 3.6% | 1.6% | -15.7% | -21.8% | -11.8% |
| Net margin | -4.3% | -1.8% | -22.7% | -26.3% | -16.9% |
| Revenue growth, year over year | +37.3% | +10.5% | +11.2% | +23.3% | +22.4% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 27, 2025 | Feb 15, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Cash and equivalents | $2.45B | $802.9M | $664.6M | $348.5M | $396.0M |
| Accounts receivable | $371.8M | $335.8M | $340.7M | $251.0M | $87.8M |
| Inventory | $643.3M | $544.7M | $502.5M | $268.4M | $143.4M |
| Total current assets | $3.73B | $2.04B | $1.69B | $1.06B | $806.4M |
| Goodwill | – | – | – | – | $1.96M |
| Total assets | $4.40B | $2.66B | $2.41B | $1.95B | $1.73B |
| Accounts payable | $203.1M | $92.7M | $132.1M | $161.8M | $73.0M |
| Short-term debt | $4.20M | $114.4M | $0 | $26.0M | $25.8M |
| Total current liabilities | $623.8M | $636.8M | $470.4M | $541.9M | $342.5M |
| Long-term debt | $2.61B | $1.01B | $846.6M | $385.6M | $500.9M |
| Total liabilities | $3.60B | $2.07B | $1.89B | $1.57B | $1.52B |
| Shareholders' equity | $793.0M | $585.2M | $520.7M | $378.8M | -$44.3M |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 5, 2026 | Feb 27, 2025 | Feb 15, 2024 | Feb 9, 2023 | Feb 10, 2022 |
| Operating cash flow | $113.9M | $92.0M | -$372.5M | -$191.7M | -$60.7M |
| Capital expenditures | $56.8M | $58.9M | $83.7M | $116.8M | $49.8M |
| Free cash flow | $57.2M | $33.1M | -$456.3M | -$308.5M | -$110.5M |
| Dividends paid | $947.0K | $1.47M | – | – | – |
| Investing cash flow | -$93.1M | -$58.8M | -$83.7M | -$116.8M | -$46.7M |
| Financing cash flow | $1.51B | $175.2M | $683.3M | $211.4M | $306.4M |
| Net change in cash | $1.53B | $205.8M | $226.8M | -$96.7M | $198.4M |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 19, 2026 | 295.7M | +25.0% | SEC |
| Jul 22, 2026 | 294.5M | +25.9% | SEC |
| Apr 24, 2026 | 284.4M | +22.5% | SEC |
| Feb 2, 2026 | 280.5M | +21.8% | SEC |
| Oct 22, 2025 | 236.5M | +3.5% | SEC |
| Jul 28, 2025 | 234.0M | +2.8% | SEC |
| Apr 25, 2025 | 232.2M | +2.3% | SEC |
| Feb 24, 2025 | 230.4M | +2.4% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.