BE

Updated: Mar 12, 2026 11:30 AM

Bloom Energy Corp

Market Cap: $31.56B P/S: 61x Ownership — Insider: 7.3% | Institutional: 97.7% | Retail: -4.9% INDUSTRIALS ELECTRICAL EQUIPMENT & PARTS

Bloom Energy Corporation, based in San Jose, California, is a leader in solid oxide fuel cell technology, providing innovative on-site clean power generation solutions across multiple global markets including the U.S., Japan, China, India, and South Korea. The company plays a crucial role in the transition to sustainable energy, aiming to reduce reliance on fossil fuels and enhance operational efficiencies through its advanced energy systems. With a strong focus on innovation and sustainability, Bloom Energy is well-positioned to capitalize on the rising demand for renewable energy technologies, presenting a compelling investment opportunity for institutional investors committed to energy diversification and environmental responsibility.

Revenue

Revenue, Profit & Income — explained by Jerry the Goat Farmer
Total RevenueEvery single dollar that wanders onto Jerry's farm. Cheese sales, milk money, goat yoga memberships, and that one weird guy who pays $50 to just watch the goats. Jerry doesn't ask questions.
Gross ProfitThe money left after feeding the goats but before reality sets in. Jerry feels rich for exactly 11 minutes.
Net IncomeWhat Jerry actually gets to keep after the Jerrynment, cousin Larry, the feed store, and his ex-wife's lawyer all take their cut. This number is often... humbling.
Using alias: revenuea -> totalRevenue [annual] [income]
Using alias: profita -> grossProfit [annual] [income]
Using alias: incomea -> netIncome [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        11/11 dates (100%)
  ✅ grossProfit                         11/11 dates (100%)
  ✅ netIncome                           11/11 dates (100%)

Plot for BE (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -1.47B                    -0.74B                     0.00B                     0.74B                     1.47B
               |                         |                         |                         |                         |

  2014-12-31 |                                             |  0.25B
  2015-12-31 |                                         |  -0.34B
  2016-12-31 |                                           |  -0.28B
  2017-12-31 |                                            |  0.38B
  2018-12-31 |                                           |  0.74B
  2019-12-31 |                                          |  0.79B
  2020-12-31 |                                               |  0.79B
  2021-12-31 |                                               |  0.97B
  2022-12-31 |                                          |  1.20B
  2023-12-31 |                                          |  1.33B
  2024-12-31 |                                                    | 1.47B

               |                         |                         |                         |                         |
               -1.47B                    -0.74B                     0.00B                     0.74B                     1.47B

Costs

Operating Costs — explained by Jerry the Goat Farmer
Cost of Goods & Services SoldThe unglamorous stuff: hay, feed, vet bills for when Sergio the goat eats another iPhone. These goats don't feed themselves, and they definitely don't apologize.
Selling, General & AdministrativeThe "CHEESE HAPPENS" billboard on the highway, the accountant (cousin Larry, who definitely cheated in Monopoly as a kid), office supplies, and the therapy Jerry needs after dealing with cousin Larry.
Research & DevelopmentJerry's experimental ghost pepper goat cheese that made three customers cry. Also the goat treadmill. The goats refuse to use the goat treadmill.
Using alias: rnda -> researchAndDevelopment [annual] [income]
Using alias: sgaa -> sellingGeneralAndAdministrative [annual] [income]
Using alias: cogsa -> costofGoodsAndServicesSold [annual] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              11/11 dates (100%)
  ✅ sellingGeneralAndAdministrative     11/11 dates (100%)
  ✅ costofGoodsAndServicesSold          11/11 dates (100%)

Plot for BE (in B)
  reports: annualReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00B                     0.28B                     0.57B                     0.85B                     1.14B
               |                         |                         |                         |                         |

  2014-12-31 |  0.35B
  2015-12-31 |  0.35B
  2016-12-31 |  0.31B
  2017-12-31 |  0.40B
  2018-12-31 |  0.53B
  2019-12-31 |  0.69B
  2020-12-31 |  0.63B
  2021-12-31 |  0.78B
  2022-12-31 |  1.05B
  2023-12-31 |  1.14B
  2024-12-31 |  1.07B

               |                         |                         |                         |                         |
               0.00B                     0.28B                     0.57B                     0.85B                     1.14B

Cash

Cash, Debt & Cash Flow — explained by Jerry the Goat Farmer
Cash & Short-Term InvestmentsThe coffee can buried behind the barn, $47 in a savings account, and some cryptocurrency Jerry bought drunk in 2021. He's afraid to check on it.
Short/Long-Term DebtThe barn loan that'll follow Jerry to the grave (long-term) and the $200 he owes the feed store guy who's starting to give him looks (short-term).
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Using alias: casha -> cashAndShortTermInvestments [annual] [balance]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: paychecka -> operatingCashflow [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         11/11 dates (100%)
  ✅ shortLongTermDebtTotal              11/11 dates (100%)
  ✅ operatingCashflow                   11/11 dates (100%)

Plot for BE (in B)
  reports: annualReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -1.53B                    -0.76B                     0.00B                     0.76B                     1.53B
               |                         |                         |                         |                         |

  2014-12-31 |                                           |  0.47B
  2015-12-31 |                                          |  0.64B
  2016-12-31 |                                           |  0.79B
  2017-12-31 |                                                  |  0.94B
  2018-12-31 |                                                  |  1.13B
  2019-12-31 |                                                     |  1.09B
  2020-12-31 |                                                  |  0.91B
  2021-12-31 |                                                   |  1.12B
  2022-12-31 |                                              |  1.02B
  2023-12-31 |                                        |  1.45B
  2024-12-31 |                                                     | 1.53B

               |                         |                         |                         |                         |
               -1.53B                    -0.76B                     0.00B                     0.76B                     1.53B

FCF

Free Cash Flow — explained by Jerry the Goat Farmer
Operating Cash FlowReal cash moving in and out. Not "my customer promised to pay me" money. Actual dollars. Jerry has trust issues now.
Capital ExpendituresBig, expensive purchases Jerry justifies at 2am: the industrial milking machine, new fencing, and a hot tub "for the goats" that somehow only Jerry uses.
Using alias: paychecka -> operatingCashflow [annual] [cashflow]
Using alias: capexa -> capitalExpenditures [annual] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   11/11 dates (100%)
  ✅ capitalExpenditures                 11/11 dates (100%)

Plot for BE (in M)
  reports: annualReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -372.53M                  -186.27M                    0.00M                    186.27M                   372.53M
               |                         |                         |                         |                         |

  2014-12-31 |              |  -281.11M
  2015-12-31 |          |  -309.69M
  2016-12-31 |              |  -282.83M
  2017-12-31 |                                        |  -91.97M
  2018-12-31 |                                        |  -91.95M
  2019-12-31 |                                                     |  163.77M
  2020-12-31 |                                       |  -98.80M
  2021-12-31 |                                             |  -60.68M
  2022-12-31 |                          |  -191.72M
  2023-12-31 | |  -372.53M
  2024-12-31 |                                                     |  92.00M

               |                         |                         |                         |                         |
               -372.53M                  -186.27M                    0.00M                    186.27M                   372.53M

Assets

Assets, Liabilities & Equity — explained by Jerry the Goat Farmer
🐐 Assets = Liabilities + Equity

Translation: What Jerry owns = What Jerry owes + What's actually Jerry's

Or as Jerry mutters every April during tax season:
"Everything I have equals everything I owe plus whatever scraps are left for me, a humble goat man just trying to make cheese in this cruel world."
Total AssetsEverything Jerry owns: 12 acres of land, a barn that's "rustic" (rotting), 47 goats, Sergio (appraised at $800, priceless to Jerry), the cheese cave, and a 2004 Ford F-150 held together by duct tape and prayer.
Total LiabilitiesEverything Jerry owes: bank loans, the feed store tab, back taxes, and a moral debt to his neighbor for "borrowing" that tractor in 2019. They both know he's not returning it.
Total Shareholder EquityIf Jerry sold absolutely everything, paid off every debt, and finally returned that tractor... this is what he'd have left. His actual net worth. Some days it's a retirement fund. Other days it's "enough for a bus ticket and a fresh start."
Using alias: assetsa -> totalAssets [annual] [balance]
Using alias: liabila -> totalLiabilities [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         11/11 dates (100%)
  ✅ totalLiabilities                    11/11 dates (100%)
  ✅ totalShareholderEquity              11/11 dates (100%)

Plot for BE (in B)
  reports: annualReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -3.19B                    -1.59B                     0.00B                     1.59B                     3.19B
               |                         |                         |                         |                         |

  2014-12-31 |                                                     |  0.93B
  2015-12-31 |                                                 |  1.04B
  2016-12-31 |                     |  2.93B
  2017-12-31 |                 | 3.19B
  2018-12-31 |                                                    |  1.39B
  2019-12-31 |                                                 |  1.49B
  2020-12-31 |                                                     |  1.45B
  2021-12-31 |                                                    |  1.73B
  2022-12-31 |                                                     |  1.95B
  2023-12-31 |                                                     |  2.41B
  2024-12-31 |                                                     |  2.66B

               |                         |                         |                         |                         |
               -3.19B                    -1.59B                     0.00B                     1.59B                     3.19B

Buffet

Using alias: incomea -> netIncome [annual] [income]
Using alias: debta -> shortLongTermDebtTotal [annual] [balance]
Using alias: equitya -> totalShareholderEquity [annual] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           11/11 dates (100%)
  ✅ shortLongTermDebtTotal              11/11 dates (100%)
  ✅ totalShareholderEquity              11/11 dates (100%)

Plot for BE (in B)
  reports: annualReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -2.18B                    -1.09B                     0.00B                     1.09B                     2.18B
               |                         |                         |                         |                         |

  2014-12-31 |                                                |  0.47B
  2015-12-31 |                                             |  0.64B
  2016-12-31 |      |  -1.96B
  2017-12-31 | |  -2.18B
  2018-12-31 |                                              |  1.13B
  2019-12-31 |                                              |  1.09B
  2020-12-31 |                                                 |  0.91B
  2021-12-31 |                                                 |  1.12B
  2022-12-31 |                                              |  1.02B
  2023-12-31 |                                              |  1.45B
  2024-12-31 |                                                    |  1.53B

               |                         |                         |                         |                         |
               -2.18B                    -1.09B                     0.00B                     1.09B                     2.18B

Revenue-q

Using alias: revenue -> totalRevenue [quarterly] [income]
Using alias: profit -> grossProfit [quarterly] [income]
Using alias: income -> netIncome [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ totalRevenue                        25/25 dates (100%)
  ✅ grossProfit                         25/25 dates (100%)
  ✅ netIncome                           25/25 dates (100%)

Plot for BE (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalRevenue, grossProfit, netIncome

               -572.39M                  -286.20M                    0.00M                    286.20M                   572.39M
               |                         |                         |                         |                         |

  2019-09-30 |                                                |  233.47M
  2019-12-31 |                                               |  117.22M
  2020-03-31 |                                              |  156.70M
  2020-06-30 |                                                 |  187.86M
  2020-09-30 |                                                    |  200.31M
  2020-12-31 |                                                   |  249.39M
  2021-03-31 |                                                   |  194.01M
  2021-06-30 |                                                |  228.47M
  2021-09-30 |                                                |  207.23M
  2021-12-31 |                                                  |  342.47M
  2022-03-31 |                                              |  201.04M
  2022-06-30 |                                          |  243.24M
  2022-09-30 |                                                |  292.27M
  2022-12-31 |                                                 |  462.58M
  2023-03-31 |                                              |  275.19M
  2023-06-30 |                                               |  301.10M
  2023-09-30 |                                      |  400.27M
  2023-12-31 |                                                     |  356.92M
  2024-03-31 |                                                |  235.30M
  2024-06-30 |                                               |  335.77M
  2024-09-30 |                                                    |  330.40M
  2024-12-31 |                                                     | 572.39M
  2025-03-31 |                                                   |  326.02M
  2025-06-30 |                                                 |  401.24M
  2025-09-30 |                                                   |  519.05M

               |                         |                         |                         |                         |
               -572.39M                  -286.20M                    0.00M                    286.20M                   572.39M

Costs-q

Using alias: rnd -> researchAndDevelopment [quarterly] [income]
Using alias: sga -> sellingGeneralAndAdministrative [quarterly] [income]
Using alias: cogs -> costofGoodsAndServicesSold [quarterly] [income]


Data Completeness:
------------------------------------------------------------
  ✅ researchAndDevelopment              25/25 dates (100%)
  ✅ sellingGeneralAndAdministrative     25/25 dates (100%)
  ✅ costofGoodsAndServicesSold          25/25 dates (100%)

Plot for BE (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: researchAndDevelopment, sellingGeneralAndAdministrative, costofGoodsAndServicesSold

               0.00M                    101.37M                   202.74M                   304.11M                   405.48M
               |                         |                         |                         |                         |

  2019-09-30 |  181.89M
  2019-12-31 |  190.09M
  2020-03-31 |  137.52M
  2020-06-30 |  163.34M
  2020-09-30 |  147.76M
  2020-12-31 |  184.23M
  2021-03-31 |  140.28M
  2021-06-30 |  192.55M
  2021-09-30 |  170.34M
  2021-12-31 |  273.77M
  2022-03-31 |  173.63M
  2022-06-30 |  245.21M
  2022-09-30 |  241.33M
  2022-12-31 |  391.20M
  2023-03-31 |  221.04M
  2023-06-30 |  244.75M
  2023-09-30 |  405.48M
  2023-12-31 |  264.52M
  2024-03-31 |  197.22M
  2024-06-30 |  230.04M
  2024-09-30 |  246.79M
  2024-12-31 |  353.08M
  2025-03-31 |  237.21M
  2025-06-30 |  256.45M
  2025-09-30 |  367.37M

               |                         |                         |                         |                         |
               0.00M                    101.37M                   202.74M                   304.11M                   405.48M

Cash-q

Using alias: cash -> cashAndShortTermInvestments [quarterly] [balance]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ cashAndShortTermInvestments         25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ operatingCashflow                   25/25 dates (100%)

Plot for BE (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: cashAndShortTermInvestments, shortLongTermDebtTotal, operatingCashflow

               -1.72B                    -0.86B                     0.00B                     0.86B                     1.72B
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  0.66B
  2019-12-31 |                                                     |  1.09B
  2020-03-31 |                                                    |  1.15B
  2020-06-30 |                                                    |  1.10B
  2020-09-30 |                                                    |  1.03B
  2020-12-31 |                                                    |  0.91B
  2021-03-31 |                                                  |  1.05B
  2021-06-30 |                                                     |  1.06B
  2021-09-30 |                                                   |  1.06B
  2021-12-31 |                                                     |  1.12B
  2022-03-31 |                                                  |  1.11B
  2022-06-30 |                                                    |  1.08B
  2022-09-30 |                                                   |  1.08B
  2022-12-31 |                                                    |  1.02B
  2023-03-31 |                                           |  1.01B
  2023-06-30 |                                                    |  1.57B
  2023-09-30 |                                                 |  1.44B
  2023-12-31 |                                                     |  1.45B
  2024-03-31 |                                                 |  1.45B
  2024-06-30 |                                                | 1.72B
  2024-09-30 |                                                   |  1.70B
  2024-12-31 |                                                     |  1.53B
  2025-03-31 |                                                  |  1.52B
  2025-06-30 |                                               |  1.52B
  2025-09-30 |                                                     |  1.51B

               |                         |                         |                         |                         |
               -1.72B                    -0.86B                     0.00B                     0.86B                     1.72B

FCF-q

Using alias: paycheck -> operatingCashflow [quarterly] [cashflow]
Using alias: capex -> capitalExpenditures [quarterly] [cashflow]


Data Completeness:
------------------------------------------------------------
  ✅ operatingCashflow                   25/25 dates (100%)
  ✅ capitalExpenditures                 25/25 dates (100%)

Plot for BE (in M)
  reports: quarterlyReports
  showing last 25 entries
  Legend: operatingCashflow, capitalExpenditures

               -484.23M                  -242.11M                    0.00M                    242.11M                   484.23M
               |                         |                         |                         |                         |

  2019-09-30 |                                                     |  37.87M
  2019-12-31 |                                                     |  26.10M
  2020-03-31 |                                                  |  -27.95M
  2020-06-30 |                                                    |  -12.29M
  2020-09-30 |                                                 |  -39.75M
  2020-12-31 |                                                   |  -18.81M
  2021-03-31 |                                           |  -89.03M
  2021-06-30 |                                                     |  53.73M
  2021-09-30 |                                             |  -72.65M
  2021-12-31 |                                                     |  47.23M
  2022-03-31 |                                           |  -92.44M
  2022-06-30 |                                                    |  26.22M
  2022-09-30 |                                             |  -69.94M
  2022-12-31 |                                                   |  35.92M
  2023-03-31 |                   |  -314.71M
  2023-06-30 |                                                |  -46.48M
  2023-09-30 |                                       |  -133.17M
  2023-12-31 |                                                     |  121.83M
  2024-03-31 |                                     |  -147.27M
  2024-06-30 |                                  |  -175.50M
  2024-09-30 |                                              |  -69.47M
  2024-12-31 |                                                     | 484.23M
  2025-03-31 |                                         |  -110.68M
  2025-06-30 |                              |  -213.11M
  2025-09-30 |                                                     |  19.67M

               |                         |                         |                         |                         |
               -484.23M                  -242.11M                    0.00M                    242.11M                   484.23M

Assets-q

Using alias: assets -> totalAssets [quarterly] [balance]
Using alias: liabil -> totalLiabilities [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ totalAssets                         25/25 dates (100%)
  ✅ totalLiabilities                    25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for BE (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: totalAssets, totalLiabilities, totalShareholderEquity

               -2.72B                    -1.36B                     0.00B                     1.36B                     2.72B
               |                         |                         |                         |                         |

  2019-09-30 |                                                   |  1.18B
  2019-12-31 |                                                |  1.49B
  2020-03-31 |                                               |  1.57B
  2020-06-30 |                                               |  1.53B
  2020-09-30 |                                                    |  1.47B
  2020-12-31 |                                                     |  1.45B
  2021-03-31 |                                                     |  1.45B
  2021-06-30 |                                                    |  1.46B
  2021-09-30 |                                                    |  1.43B
  2021-12-31 |                                                    |  1.73B
  2022-03-31 |                                                   |  1.70B
  2022-06-30 |                                                  |  1.73B
  2022-09-30 |                                                     |  1.90B
  2022-12-31 |                                                     |  1.95B
  2023-03-31 |                                                     |  2.19B
  2023-06-30 |                                                     | 2.72B
  2023-09-30 |                                                     |  2.38B
  2023-12-31 |                                                     |  2.41B
  2024-03-31 |                                                     |  2.29B
  2024-06-30 |                                                     |  2.55B
  2024-09-30 |                                                     |  2.60B
  2024-12-31 |                                                     |  2.66B
  2025-03-31 |                                                     |  2.61B
  2025-06-30 |                                                     |  2.53B
  2025-09-30 |                                                     |  2.64B

               |                         |                         |                         |                         |
               -2.72B                    -1.36B                     0.00B                     1.36B                     2.72B

Buffet-q

Using alias: income -> netIncome [quarterly] [income]
Using alias: debt -> shortLongTermDebtTotal [quarterly] [balance]
Using alias: equity -> totalShareholderEquity [quarterly] [balance]


Data Completeness:
------------------------------------------------------------
  ✅ netIncome                           25/25 dates (100%)
  ✅ shortLongTermDebtTotal              25/25 dates (100%)
  ✅ totalShareholderEquity              25/25 dates (100%)

Plot for BE (in B)
  reports: quarterlyReports
  showing last 25 entries
  Legend: netIncome, shortLongTermDebtTotal, totalShareholderEquity

               -1.72B                    -0.86B                     0.00B                     0.86B                     1.72B
               |                         |                         |                         |                         |

  2019-09-30 |                                                  |  0.66B
  2019-12-31 |                                             |  1.09B
  2020-03-31 |                                           |  1.15B
  2020-06-30 |                                           |  1.10B
  2020-09-30 |                                                    |  1.03B
  2020-12-31 |                                                    |  0.91B
  2021-03-31 |                                                    |  1.05B
  2021-06-30 |                                                   |  1.06B
  2021-09-30 |                                                   |  1.06B
  2021-12-31 |                                                    |  1.12B
  2022-03-31 |                                                  |  1.11B
  2022-06-30 |                                                |  1.08B
  2022-09-30 |                                                   |  1.08B
  2022-12-31 |                                                    |  1.02B
  2023-03-31 |                                                   |  1.01B
  2023-06-30 |                                                   |  1.57B
  2023-09-30 |                                                |  1.44B
  2023-12-31 |                                                     |  1.45B
  2024-03-31 |                                                   |  1.45B
  2024-06-30 |                                                   | 1.72B
  2024-09-30 |                                                    |  1.70B
  2024-12-31 |                                                     |  1.53B
  2025-03-31 |                                                    |  1.52B
  2025-06-30 |                                                    |  1.52B
  2025-09-30 |                                                    |  1.51B

               |                         |                         |                         |                         |
               -1.72B                    -0.86B                     0.00B                     0.86B                     1.72B

Price History

Volume

Advanced Chart