What is Bloom Energy Corporation's earnings per share (EPS)?

Bloom Energy Corporation (BE) reported diluted earnings per share of -$0.37 for fiscal year 2025. This represents a -184.6% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Bloom Energy Corporation (BE) Financials

Trailing 12 months to March 31, 2026

Revenue $2.4B +56.5% YoY

Net Income $10.0M +68.2% YoY

EPS (Diluted) $379.58 -35.6% YoY

Free Cash Flow $229.6M +198.5% YoY

Market Cap $82.6B as of Oct 10, 2026

Price / Sales 33.7x on $2.4B revenue, trailing 12 months to March 31, 2026

Price / Earnings n/m outside the range published as a multiple, on $10.0M net income, trailing 12 months to March 31, 2026

Price / Book 89.7x on $921.5M equity, Q1 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q1 FY2026, ended Mar 31, 2026 Reported Apr 29, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q1 FY2026, filed Apr 29, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BE SEC filings page.

Bloom Energy Corporation (BE) reported $2.4B in revenue over the twelve months to Mar 31, 2026, up 56.5% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BE FY2025 2026-10-03

Bloom Energy’s 2025 operating improvement reached cash flow, but expansion increasingly relies on a more heavily financed balance sheet.

The central earnings-quality gap is that operating margin moved from -16.5% in FY2023 to 3.6% in FY2025, yet net income remained negative. Operations improved faster than the full income statement, leaving costs below operating income still materially offsetting the gain.

Margin expansion was substantial: gross margin rose from 15.6% in FY2023 to 29.0% in FY2025, while operating margin also turned positive. The data supports a stronger conversion of sales into operating profit, but does not identify whether mix, pricing, or cost structure caused the improvement.

Despite a FY2025 net loss, operating cash flow was $114M versus free cash flow of $57M, indicating reported losses were not mirrored by cash operations after investment spending. A $1.5B financing inflow coincided with debt-to-equity of 3.4x, showing that expansion was accompanied by heavier reliance on financing.

Financial Health Signals

Financial Health Score 50/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Bloom Energy Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Bloom Energy Corporation has an operating margin of 3.6%, meaning the company retains $4 of operating profit per $100 of revenue. This results in a moderate score of 32/100, indicating healthy but not exceptional operating efficiency. This is up from 1.6% the prior year.

Growth

Bloom Energy Corporation's revenue surged 37.3% year-over-year to $2.0B, reflecting rapid business expansion. This strong growth earns a score of 87/100.

Leverage

Bloom Energy Corporation has a moderate D/E ratio of 3.40. This balance of debt and equity financing earns a leverage score of 42/100.

Liquidity

With a current ratio of 5.98, Bloom Energy Corporation holds $5.98 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 94/100.

Cash Flow

Bloom Energy Corporation's free cash flow margin of 2.8% results in a low score of 16/100. Capital expenditures of $56.8M absorb a large share of operating cash flow.

Returns

Bloom Energy Corporation posts a -11.3% return on equity (ROE), meaning it loses $11 for every $100 of shareholders' equity. This results in a returns score of 31/100. This is down from -4.8% the prior year.

Altman Z-Score Safe

13.85

Bloom Energy Corporation scores 13.85, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($82.6B) relative to total liabilities ($3.6B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

4/9

Bloom Energy Corporation passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed

N/A

Bloom Energy Corporation reported a net loss of $87.1M while generating $113.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

1.91x

Bloom Energy Corporation earns $1.91 in operating income for every $1 of interest expense ($72.8M vs $38.1M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$751.1M

YoY+130.4%

QoQ-3.4%

5Y CAGR+31.1%

Bloom Energy Corporation generated $751.1M in revenue in Q1 2026. This represents an increase of 130.4% from the same quarter a year earlier. Against the prior quarter it is down 3.4%.

EBITDA

$85.5M

YoY+1337.8%

QoQ-15.1%

Bloom Energy Corporation's EBITDA was $85.5M in Q1 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1337.8% from the same quarter a year earlier. Against the prior quarter it is down 15.1%.

Net Income

$73.7M

YoY+414.7%

QoQ+5067.7%

Bloom Energy Corporation reported $73.7M in net income in Q1 2026. This represents an increase of 414.7% from the same quarter a year earlier. Against the prior quarter it is up 5067.7%.

EPS (Diluted)

$0.23

YoY+330.0%

Bloom Energy Corporation earned $0.23 per diluted share (EPS) in Q1 2026. This represents an increase of 330.0% from the same quarter a year earlier.

Cash & Balance Sheet

Free Cash Flow

$47.4M

YoY+138.0%

QoQ-88.0%

Bloom Energy Corporation generated $47.4M in free cash flow in Q1 2026, representing cash available after capex. This represents an increase of 138.0% from the same quarter a year earlier. Against the prior quarter it is down 88.0%.

Cash & Debt

$2.5B

YoY+213.5%

QoQ+1.5%

5Y CAGR+69.0%

Bloom Energy Corporation held $2.5B in cash against $2.6B in long-term debt as of Q1 2026.

Shares Outstanding

284M

YoY+22.5%

Bloom Energy Corporation had 284M shares outstanding in Q1 2026. This represents an increase of 22.5% from the same quarter a year earlier.

Dividends Per Share

Not reported for Q1 2026.

Margins & Returns

Gross Margin

30.0%

YoY+2.8pp

QoQ-0.8pp

5Y change+1.9pp

Bloom Energy Corporation's gross margin was 30.0% in Q1 2026, indicating the percentage of revenue retained after direct costs. This is up 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.8 percentage points.

Operating Margin

9.6%

YoY+15.5pp

QoQ-1.7pp

5Y change+17.0pp

Bloom Energy Corporation's operating margin was 9.6% in Q1 2026, reflecting core business profitability. This is up 15.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 1.7 percentage points.

Net Margin

9.8%

YoY+17.0pp

QoQ+9.6pp

5Y change+22.6pp

Bloom Energy Corporation's net profit margin was 9.8% in Q1 2026, showing the share of revenue converted to profit. This is up 17.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 9.6 percentage points.

Return on Equity

8.0%

YoY+12.0pp

QoQ+7.8pp

Bloom Energy Corporation's ROE was 8.0% in Q1 2026, measuring profit generated per dollar of shareholder equity. This is up 12.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.8 percentage points.

Capital Allocation

R&D Spending

$56.8M

YoY+40.0%

QoQ+1.7%

5Y CAGR+19.5%

Bloom Energy Corporation invested $56.8M in research and development in Q1 2026. This represents an increase of 40.0% from the same quarter a year earlier. Against the prior quarter it is up 1.7%.

Capital Expenditures

$26.2M

YoY+83.6%

QoQ+14.1%

5Y CAGR+15.2%

Bloom Energy Corporation invested $26.2M in capex in Q1 2026, funding long-term assets and infrastructure. This represents an increase of 83.6% from the same quarter a year earlier. Against the prior quarter it is up 14.1%.

Share Buybacks

Not reported for Q1 2026.

BE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Revenue	$2.4B	$2.0B+37.3%	$1.5B+16.2%	$1.3B+11.8%	$1.1B+16.8%	$972.2M+22.4%	$794.2M+1.2%	$785.2M+24.1%	$632.6M+73.0%	$365.6M+75.3%	$208.5M
Cost of Revenue	$14.8M	$18.0M-15.1%	$21.2M-18.1%	$25.9M+114.0%	$12.1M+27.4%	$9.5M-98.5%	$628.5M-8.6%	$687.6M+30.5%	$526.9M+38.0%	$381.9M+22.4%	$312.0M
Gross Profit	$724.2M	$587.4M+45.2%	$404.6M+104.6%	$197.8M+33.4%	$148.3M-24.9%	$197.6M+19.2%	$165.8M+69.9%	$97.6M-7.7%	$105.8M+748.3%	-$16.3M+84.2%	-$103.5M
R&D Expenses	$202.2M	$186.0M+25.1%	$148.6M-4.6%	$155.9M+3.5%	$150.6M+45.7%	$103.4M+23.7%	$83.6M-19.8%	$104.2M+16.9%	$89.1M+74.3%	$51.1M+9.2%	$46.8M
SG&A Expenses	$211.5M	$198.4M+20.2%	$165.1M+2.6%	$160.9M-4.1%	$167.7M+37.3%	$122.2M+14.1%	$107.1M-29.8%	$152.7M+28.5%	$118.8M+113.4%	$55.7M-9.5%	$61.5M
Operating Income	$164.1M	$72.8M+217.8%	$22.9M+111.0%	-$208.9M+20.0%	-$261.0M-127.9%	-$114.5M-41.7%	-$80.8M+65.3%	-$232.8M-41.1%	-$165.0M-6.4%	-$155.1M+35.7%	-$241.0M
EBITDA	N/A	$124.0M+61.9%	$76.6M+152.7%	-$145.4M+26.7%	-$198.4M-232.3%	-$59.7M-109.8%	-$28.5M+81.5%	-$154.2M-38.8%	-$111.1M-10.4%	-$100.7M+49.1%	-$197.9M
Interest Expense	$31.9M	$38.1M-39.1%	$62.6M-42.2%	$108.3M+102.4%	$53.5M-22.5%	$69.0M-12.4%	$78.8M-16.3%	$94.2M-11.0%	$105.9M-14.8%	$124.3M+53.1%	$81.2M
Income Tax	$2.8M	$2.7M+223.4%	$846K-55.3%	$1.9M+72.7%	$1.1M+4.9%	$1.0M+308.6%	$256K-59.6%	$633K-58.8%	$1.5M+141.7%	$636K-12.8%	$729K
Net Income	$10.0M	-$87.1M-220.3%	-$27.2M+91.0%	-$302.1M-0.1%	-$301.7M-83.5%	-$164.4M-4.4%	-$157.6M+48.2%	-$304.4M-11.3%	-$273.5M+1.0%	-$276.4M+1.2%	-$279.7M
EPS (Basic)	N/A	-$0.37-184.6%	-$0.13+90.8%	-$1.42+12.3%	-$1.62-70.5%	-$0.95+16.7%	-$1.14+57.3%	-$2.67	N/A	N/A	N/A
EPS (Diluted)	$379.58	-$0.37-184.6%	-$0.13+90.8%	-$1.42+12.3%	-$1.62-70.5%	-$0.95+16.7%	-$1.14+57.3%	-$2.67	N/A	N/A	N/A
Diluted Shares (Avg)	N/A	240M+5.7%	227M+6.9%	213M+14.4%	186M+7.2%	173M+25.0%	139M+20.5%	115M+116.1%	53M+419.8%	10M+2.0%	10M

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Revenue	$751.1M+130.4%	$777.7M+35.9%	$519.0M+57.1%	$401.2M+19.5%	$326.0M+38.6%	$572.4M+95.9%	$330.4M-17.5%	$335.8M+11.5%
Cost of Revenue	$8.4M-27.6%	$1.0M-58.3%	$2.4M+26.3%	$3.0M+66.7%	$11.6M-23.2%	$2.4M+60.0%	$1.9M-57.8%	$1.8M-56.1%
Gross Profit	$225.5M+154.3%	$239.9M+9.4%	$151.7M+92.6%	$107.1M+56.3%	$88.7M+133.0%	$219.3M+137.4%	$78.7M-80.1%	$68.5M+21.6%
R&D Expenses	$56.8M+40.0%	$55.9M+41.6%	$48.7M+34.2%	$40.8M+9.1%	$40.6M+14.4%	$39.5M+17.6%	$36.3M+3.4%	$37.4M-10.0%
SG&A Expenses	$58.1M+29.3%	$54.6M+2.4%	$53.1M+42.0%	$45.8M+25.9%	$44.9M+18.1%	$53.3M+78.5%	$37.4M-13.8%	$36.4M-14.4%
Operating Income	$72.2M+478.6%	$87.5M-16.4%	$7.8M+181.3%	-$3.5M+84.9%	-$19.1M+61.1%	$104.7M+709.3%	-$9.7M+90.7%	-$23.1M+57.5%
EBITDA	$85.5M+1337.8%	$100.7M-15.1%	$21.0M+465.0%	$9.3M+197.7%	-$6.9M+80.9%	$118.7M+365.9%	$3.7M+104.2%	-$9.5M+74.1%
Interest Expense	$4.2M-59.6%	$6.8M-81.0%	$10.4M-1.0%	$10.5M+20.7%	$10.4M+35.1%	$35.7M-76.3%	$10.5M+115.4%	$8.7M-37.9%
Income Tax	$445K+3.2%	$952K+149.2%	$336K+208.3%	$1.0M+18.8%	$431K+186.0%	$382K-52.9%	$109K-83.1%	$856K+380.9%
Net Income	$73.7M+414.7%	$1.4M-98.6%	-$23.0M-56.9%	-$42.2M+31.0%	-$23.4M+58.6%	$105.2M+958.1%	-$14.6M+91.3%	-$61.2M+11.4%
EPS (Basic)	$0.25+350.0%	$379.63-35.6%	-$0.10-66.7%	-$0.18+33.3%	-$0.10+60.0%	$589.87+1179640.0%	-$0.06+92.5%	-$0.27+15.6%
EPS (Diluted)	$0.23+330.0%	$379.63	-$0.10-66.7%	-$0.18+33.3%	-$0.10+60.0%	$589.87	-$0.06+92.5%	-$0.27+15.6%
Diluted Shares (Avg)	320M+38.9%	N/A	235M+3.1%	233M+2.4%	230M+2.0%	N/A	228M+8.1%	227M+8.9%

BE Balance Sheet

BE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Total Assets	$4.4B+65.5%	$2.7B+10.1%	$2.4B+24.0%	$1.9B+12.8%	$1.7B+18.6%	$1.5B+10.0%	$1.3B-13.1%	$1.5B+24.6%	$1.2B	N/A
Current Assets	$3.7B+82.5%	$2.0B+20.7%	$1.7B+60.3%	$1.1B+30.9%	$806.4M+30.4%	$618.6M+30.9%	$472.7M-28.8%	$663.9M+58.1%	$420.0M	N/A
Cash & Equivalents	$2.5B+205.7%	$802.9M+20.8%	$664.6M+90.7%	$348.5M-12.0%	$396.0M+60.4%	$246.9M+21.8%	$202.8M-8.1%	$220.7M+112.6%	$103.8M-52.4%	$217.9M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0-100.0%	$104.3M+289.1%	$26.8M	$0
Inventory	$643.3M+18.1%	$544.7M+8.4%	$502.5M+87.2%	$268.4M+87.2%	$143.4M+0.9%	$142.1M+29.6%	$109.6M-19.0%	$135.3M+49.9%	$90.3M	N/A
Accounts Receivable	$371.8M+10.7%	$335.8M-1.4%	$340.7M+35.8%	$251.0M+185.9%	$87.8M-8.7%	$96.2M+154.3%	$37.8M-57.4%	$88.8M+192.9%	$30.3M	N/A
Long-Term Investments	$0	$0	$0	$0-100.0%	$1.8M	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	$2.0M	$0	N/A	N/A	N/A	N/A
Total Liabilities	$3.6B+73.9%	$2.1B+9.5%	$1.9B+20.7%	$1.6B+3.2%	$1.5B+15.7%	$1.3B-11.9%	$1.5B+0.6%	$1.5B-56.4%	$3.4B	N/A
Current Liabilities	$623.8M-2.0%	$636.8M+35.4%	$470.4M-13.2%	$541.9M+58.2%	$342.5M-21.5%	$436.4M-24.0%	$574.0M+123.1%	$257.3M-5.2%	$271.3M	N/A
Non-Current Liabilities	$3.0B+107.6%	$1.4B+0.9%	$1.4B+38.7%	$1.0B-12.8%	$1.2B+34.2%	$876.6M-4.4%	$916.5M-25.2%	$1.2B-60.9%	$3.1B	N/A
Long-Term Debt	$2.6B+157.7%	$1.0B+19.8%	$846.6M+119.6%	$385.6M-23.0%	$500.9M+85.5%	$270.1M-9.8%	$299.2M-57.9%	$711.4M-22.8%	$921.2M	N/A
Total Equity	$768.6M+36.7%	$562.5M+12.0%	$502.1M+47.3%	$340.8M+868.8%	-$44.3M-156.2%	$78.8M+130.4%	-$259.6M-82.0%	-$142.6M+93.5%	-$2.2B-26.4%	-$1.7B
Retained Earnings	-$4.0B-2.3%	-$3.9B-0.8%	-$3.9B-8.5%	-$3.6B-9.2%	-$3.3B-5.1%	-$3.1B-5.3%	-$2.9B-12.3%	-$2.6B-12.6%	-$2.3B	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Total Assets	$4.7B+78.9%	$4.4B+65.5%	$2.6B+1.3%	$2.5B-0.7%	$2.6B+14.1%	$2.7B+10.1%	$2.6B+9.6%	$2.5B-6.3%
Current Assets	$4.0B+96.9%	$3.7B+82.5%	$2.0B+7.6%	$1.9B+5.6%	$2.0B+27.2%	$2.0B+20.7%	$1.9B+13.1%	$1.8B+3.0%
Cash & Equivalents	$2.5B+213.5%	$2.5B+205.7%	$595.1M+20.0%	$574.8M-1.2%	$794.8M+54.0%	$802.9M+20.8%	$495.7M-11.1%	$581.7M-24.2%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$732.5M+19.6%	$643.3M+18.1%	$705.0M+20.6%	$690.0M+32.6%	$612.5M+16.4%	$544.7M+8.4%	$584.5M+22.9%	$520.2M+11.1%
Accounts Receivable	$359.4M+7.6%	$371.8M+10.7%	$411.7M-30.3%	$467.0M-10.9%	$334.0M-4.1%	$335.8M-1.4%	$590.8M+76.6%	$524.0M+49.3%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$3.7B+85.2%	$3.6B+73.9%	$2.0B-8.8%	$1.9B-9.1%	$2.0B+11.7%	$2.1B+9.5%	$2.1B+14.9%	$2.1B-11.5%
Current Liabilities	$786.8M+34.6%	$623.8M-2.0%	$466.0M-17.8%	$387.3M-1.6%	$584.4M+64.8%	$636.8M+35.4%	$566.9M+22.8%	$393.5M-52.5%
Non-Current Liabilities	$2.9B+106.0%	$3.0B+107.6%	$1.5B-5.5%	$1.5B-10.8%	$1.4B-1.4%	$1.4B+0.9%	$1.6B+12.3%	$1.7B+10.5%
Long-Term Debt	$2.6B+155.7%	$2.6B+157.7%	$1.1B+11.6%	$1.1B+0.3%	$1.0B+19.8%	$1.0B+19.8%	$1.0B+20.3%	$1.1B+18.8%
Total Equity	$921.5M+59.3%	$768.6M+36.7%	$653.1M+51.5%	$594.6M+40.5%	$578.3M+24.1%	$562.5M+12.0%	$430.9M-11.4%	$423.3M+37.5%
Retained Earnings	-$3.9B+0.1%	-$4.0B-2.3%	-$4.0B+0.4%	-$4.0B+0.6%	-$3.9B+0.1%	-$3.9B-0.8%	-$4.0B-3.4%	-$4.0B-7.7%

Not reported in any period shown, so not listed: Goodwill.

BE Cash Flow Statement

BE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Operating Cash Flow	$298.2M	$113.9M+23.9%	$92.0M+124.7%	-$372.5M-94.3%	-$191.7M-216.0%	-$60.7M+38.6%	-$98.8M-160.3%	$163.8M+278.1%	-$91.9M0.0%	-$92.0M+67.5%	-$282.8M
Depreciation & Amortization	N/A	$51.2M-4.6%	$53.7M-15.4%	$63.5M+1.5%	$62.6M+14.2%	$54.8M+4.7%	$52.3M-33.4%	$78.6M+45.8%	$53.9M-0.9%	$54.4M+26.2%	$43.1M
Stock-Based Compensation	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$180.3M+491.1%	$30.5M+8.2%	$28.2M
Capital Expenditures	$68.7M	$56.8M-3.6%	$58.9M-29.7%	$83.7M-28.3%	$116.8M+134.5%	$49.8M+31.4%	$37.9M-25.7%	$51.1M+12.9%	$45.2M-26.4%	$61.5M+584.4%	$9.0M
Free Cash Flow	$229.6M	$57.2M+72.5%	$33.1M+107.3%	-$456.3M-47.9%	-$308.5M-179.2%	-$110.5M+19.2%	-$136.7M-221.3%	$112.7M+182.2%	-$137.2M+10.6%	-$153.4M+47.4%	-$291.8M
Investing Cash Flow	-$124.8M	-$93.1M-58.4%	-$58.8M+29.8%	-$83.7M+28.3%	-$116.8M-150.2%	-$46.7M-23.2%	-$37.9M-170.9%	$53.4M+142.6%	-$125.4M-42.1%	-$88.2M-882.8%	-$9.0M
Financing Cash Flow	$1.5B	$1.5B+760.9%	$175.2M-74.4%	$683.3M+223.3%	$211.4M-31.0%	$306.4M+74.0%	$176.0M+246.3%	-$120.3M-137.9%	$317.2M+122.0%	$142.9M-49.6%	$283.4M
Dividends Paid	N/A	$947K-35.5%	$1.5M	$0	$0	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Operating Cash Flow	$73.6M+166.5%	$418.1M-13.7%	$19.7M+128.3%	-$213.1M-21.4%	-$110.7M+24.8%	$484.2M+297.5%	-$69.5M+47.8%	-$175.5M-277.5%
Depreciation & Amortization	$13.3M+9.4%	$13.2M-5.7%	$13.1M-1.9%	$12.8M-5.8%	$12.2M-5.1%	$13.9M+11.3%	$13.4M-10.4%	$13.6M-23.2%
Capital Expenditures	$26.2M+83.6%	$23.0M+106.7%	$12.3M-13.9%	$7.2M-39.7%	$14.3M-33.5%	$11.1M-31.7%	$14.3M-33.0%	$12.0M-38.6%
Free Cash Flow	$47.4M+138.0%	$395.1M-16.5%	$7.4M+108.8%	-$220.4M-17.5%	-$124.9M+25.9%	$473.1M+348.1%	-$83.8M+45.8%	-$187.5M-183.8%
Investing Cash Flow	-$45.9M-223.1%	-$34.8M-214.5%	-$36.9M-158.2%	-$7.2M+39.9%	-$14.2M+33.7%	-$11.1M+31.8%	-$14.3M+33.1%	-$12.0M+38.6%
Financing Cash Flow	$7.1M+37.6%	$1.5B+2226.2%	$39.4M+803.8%	-$7.1M-102.9%	$5.1M-28.3%	-$69.2M-5923.2%	-$5.6M+95.7%	$242.8M-51.9%
Dividends Paid	N/A	$0	$0	N/A	N/A	$0	$0	N/A

Not reported in any period shown, so not listed: Stock-Based Compensation, Share Buybacks.

BE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K
Gross Margin	29.0%+1.6pp	27.5%+11.9pp	15.6%+2.5pp	13.1%-7.3pp	20.3%-0.6pp	20.9%+8.4pp	12.4%-4.3pp	16.7%+21.2pp	-4.5%+45.2pp	-49.6%
Operating Margin	3.6%+2.0pp	1.6%+18.0pp	-16.5%+6.5pp	-23.0%-11.2pp	-11.8%-1.6pp	-10.2%+19.5pp	-29.6%-3.6pp	-26.1%+16.3pp	-42.4%	-115.6%
Net Margin	-4.3%-2.5pp	-1.8%+22.0pp	-23.8%+2.8pp	-26.6%-9.7pp	-16.9%+2.9pp	-19.8%+18.9pp	-38.8%+4.5pp	-43.2%+32.4pp	-75.6%	-134.1%
Return on Equity	-11.3%-6.5pp	-4.8%+55.3pp	-60.2%+28.4pp	-88.5%	N/A	-199.9%	N/A	N/A	N/A	N/A
Return on Assets	-2.0%-1.0pp	-1.0%+11.5pp	-12.5%+3.0pp	-15.5%-6.0pp	-9.5%+1.3pp	-10.8%+12.2pp	-23.0%-5.0pp	-18.0%+4.7pp	-22.6%	N/A
Current Ratio	5.98+2.8x	3.21-0.4x	3.60+1.7x	1.95-0.4x	2.35+0.9x	1.42+0.6x	0.82-1.8x	2.58+1.0x	1.55	N/A
Debt-to-Equity	3.40+1.6x	1.80+0.1x	1.69+0.6x	1.13	N/A	3.43	N/A	N/A	N/A	N/A
Asset Turnover	0.46-0.1x	0.550.0x	0.53-0.1x	0.580.0x	0.560.0x	0.550.0x	0.59+0.2x	0.42+0.1x	0.30	N/A
FCF Margin	2.8%+0.6pp	2.3%+38.2pp	-36.0%-8.8pp	-27.2%-15.8pp	-11.4%+5.8pp	-17.2%-31.6pp	14.4%+36.0pp	-21.7%+20.3pp	-42.0%	-139.9%

Metric	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q	Q2'2410-Q
Gross Margin	30.0%+2.8pp	30.9%-7.5pp	29.2%+5.4pp	26.7%+6.3pp	27.2%+11.0pp	38.3%+6.7pp	23.8%-75.0pp	20.4%+1.7pp
Operating Margin	9.6%+15.5pp	11.3%-7.0pp	1.5%+4.4pp	-0.9%+6.0pp	-5.9%+15.0pp	18.3%+13.9pp	-2.9%+23.0pp	-6.9%+11.2pp
Net Margin	9.8%+17.0pp	0.2%-18.2pp	-4.4%0.0pp	-10.5%+7.7pp	-7.2%+16.9pp	18.4%+15.0pp	-4.4%+37.6pp	-18.2%+4.7pp
Return on Equity	8.0%+12.0pp	0.2%-18.5pp	-3.5%-0.1pp	-7.1%+7.4pp	-4.0%+8.1pp	18.7%+16.7pp	-3.4%+31.1pp	-14.5%+8.0pp
Return on Assets	1.6%+2.5pp	0.0%-3.9pp	-0.9%-0.3pp	-1.7%+0.7pp	-0.9%+1.6pp	4.0%+3.6pp	-0.6%+6.5pp	-2.4%+0.1pp
Current Ratio	5.03+1.6x	5.98+2.8x	4.40+1.0x	4.99+0.3x	3.44-1.0x	3.21-0.4x	3.36-0.3x	4.65+2.5x
Debt-to-Equity	2.82+1.1x	3.40+1.6x	1.73-0.6x	1.90-0.8x	1.76-0.1x	1.80+0.1x	2.35+0.6x	2.66-0.4x
Asset Turnover	0.160.0x	0.180.0x	0.20+0.1x	0.160.0x	0.130.0x	0.22+0.1x	0.130.0x	0.130.0x
FCF Margin	6.3%+44.6pp	50.8%-31.9pp	1.4%+26.8pp	-54.9%+0.9pp	-38.3%+33.4pp	82.7%+46.5pp	-25.4%+13.3pp	-55.9%-33.9pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Bloom Energy Corporation BE	FY2025	$2.0B	-$87.1M	-4.3%	$82.6B	50/100
Vertiv Holdings Co VRT	FY2025	$10.2B	$1.3B	13.0%	$93.8B	69/100
Hubbell Incorporated HUBB	FY2025	$5.8B	$887.1M	15.2%	$25.1B	65/100
Acuity Inc. AYI	FY2025	$4.3B	$396.6M	9.1%	$9.0B	67/100
nVent Electric plc NVT	FY2025	$3.9B	$710.2M	18.2%	$26.6B	67/100
Advanced Energy Industries Inc AEIS	FY2025	$1.8B	$148.4M	8.3%	$11.4B	59/100

Where Bloom Energy Corporation Ranks

Frequently Asked Questions

What is Bloom Energy Corporation's annual revenue?

Bloom Energy Corporation (BE) reported $2.0B in total revenue for fiscal year 2025. This represents a 37.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Bloom Energy Corporation's revenue growing?

Bloom Energy Corporation (BE) revenue grew by 37.3% year-over-year, from $1.5B to $2.0B in fiscal year 2025.

Is Bloom Energy Corporation profitable?

No, Bloom Energy Corporation (BE) reported a net income of -$87.1M in fiscal year 2025, with a net profit margin of -4.3%.

What is Bloom Energy Corporation's EBITDA?

Bloom Energy Corporation (BE) had EBITDA of $124.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Bloom Energy Corporation have?

As of fiscal year 2025, Bloom Energy Corporation (BE) had $2.5B in cash and equivalents against $2.6B in long-term debt.

What is Bloom Energy Corporation's gross margin?

Bloom Energy Corporation (BE) had a gross margin of 29.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Bloom Energy Corporation's operating margin?

Bloom Energy Corporation (BE) had an operating margin of 3.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Bloom Energy Corporation's net profit margin?

Bloom Energy Corporation (BE) had a net profit margin of -4.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Bloom Energy Corporation's return on equity (ROE)?

Bloom Energy Corporation (BE) has a return on equity of -11.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Bloom Energy Corporation's free cash flow?

Bloom Energy Corporation (BE) generated $57.2M in free cash flow during fiscal year 2025. This represents a 72.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Bloom Energy Corporation's operating cash flow?

Bloom Energy Corporation (BE) generated $113.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Bloom Energy Corporation's total assets?

Bloom Energy Corporation (BE) had $4.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Bloom Energy Corporation's capital expenditures?

Bloom Energy Corporation (BE) invested $56.8M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Bloom Energy Corporation spend on research and development?

Bloom Energy Corporation (BE) invested $186.0M in research and development during fiscal year 2025.

How many shares does Bloom Energy Corporation have outstanding?

Bloom Energy Corporation (BE) had 281M shares outstanding as of fiscal year 2025.

What is Bloom Energy Corporation's current ratio?

Bloom Energy Corporation (BE) had a current ratio of 5.98 as of fiscal year 2025, which is generally considered healthy.

What is Bloom Energy Corporation's debt-to-equity ratio?

Bloom Energy Corporation (BE) had a debt-to-equity ratio of 3.40 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Bloom Energy Corporation's return on assets (ROA)?

Bloom Energy Corporation (BE) had a return on assets of -2.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Bloom Energy Corporation's P/E ratio?

Bloom Energy Corporation (BE) has no price-to-earnings ratio at the moment: outside the range published as a multiple (on $10.0M net income, trailing 12 months to March 31, 2026). The market capitalization is $82.6B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Bloom Energy Corporation's price-to-sales ratio?

Bloom Energy Corporation (BE) trades at 33.7x sales, its market capitalization divided by revenue of $2.4B revenue, trailing 12 months to March 31, 2026. The market capitalization is $82.6B as of Oct 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Bloom Energy Corporation's Altman Z-Score?

Bloom Energy Corporation (BE) has an Altman Z-Score of 13.85, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Bloom Energy Corporation's Piotroski F-Score?

Bloom Energy Corporation (BE) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Bloom Energy Corporation's earnings high quality?

Bloom Energy Corporation (BE) reported a net loss of $87.1M while generating $113.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Bloom Energy Corporation cover its interest payments?

Bloom Energy Corporation (BE) has an interest coverage ratio of 1.91x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Bloom Energy Corporation?

Bloom Energy Corporation (BE) scores 50 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.