Bloom Energy SEC Filings

Bloom Energy announced an agreement to issue Oracle a warrant, subject to negotiating final terms, to purchase up to 3,531,073 shares of Class A common stock at an exercise price of $113.28 per share, equal to the closing market price on October 28, 2025. The warrant will expire six months from its issuance and will include customary anti-dilution adjustments, transfer restrictions, and exercise procedures. It confers no voting or dividend rights before exercise and settlement.

The warrant is tied to the companies’ partnership to provide on-site solid state power for AI data centers and is expected to be issued under the Section 4(a)(2) private placement exemption. The filing states the partnership aims to accelerate adoption of Bloom’s fuel cell technology for large-scale AI data centers and onsite power generally.

Bloom Energy (BE) reported stronger top-line results in Q3 2025. Revenue rose to $519.0 million from $330.4 million a year ago, lifting gross profit to $151.7 million. Operating income was $7.8 million, though the company posted a net loss of $23.1 million (loss per share $0.10) driven by interest expense and a $19.6 million equity loss from new unconsolidated affiliates.

Cash and equivalents were $595.1 million with total stockholders’ equity at $677.5 million. Recourse debt stood at $1.128 billion and non‑recourse debt at $4.3 million. The company generated $19.7 million of positive operating cash flow in Q3, though year‑to‑date operating cash flow was $(304.1) million, reflecting working capital build (inventory at $705.0 million).

Bloom executed a convertible note exchange, retiring $112.8 million of 2.5% notes into new 3.0% notes due 2029 and settling the remaining $2.2 million in stock. It also formed an equity‑method financing framework with Brookfield for up to $5.0 billion over five years to back fuel cell projects. One customer (a related party) represented 55% of Q3 revenue. Recent U.S. legislation added a 30% ITC for qualifying fuel cell projects, which the company expects to be favorable.

Bloom Energy Corporation furnished an 8-K reporting financial results for the third quarter ended September 30, 2025. On October 28, 2025, the company announced these results and provided accompanying materials.

Under Item 2.02, a press release was furnished as Exhibit 99.1, and under Item 7.01, an investor presentation was furnished as Exhibit 99.2. The materials are furnished, not filed, and are not subject to Section 18 liability or incorporated by reference unless expressly stated. The 8-K was signed by Chief Accounting Officer Maciej Kurzymski, acting as Principal Financial Officer.

Bloom Energy Corp received a joint Schedule 13G/A showing large institutional holdings by Ameriprise Financial, Inc., Columbia Management Investment Advisers, LLC and the Columbia Seligman Technology and Information Fund. Ameriprise reports beneficial ownership of 30,147,240 shares, representing 12.9% of Class A common stock, while Columbia Management reports 28,916,372 shares or 12.3%. Columbia Seligman holds 228 shares (0.0%). Both Ameriprise and Columbia Management report shared voting power (28,230,361 shares) and disclose that AFI and CMIA disclaim sole beneficial ownership because holdings reflect advisory/parent relationships. The filing states the positions are held in the ordinary course of business and not for the purpose of changing control.

Gary S. Pinkus, a director of Bloom Energy Corp (BE), reported acquiring 236 deferred stock units on 09/30/2025 under the company's 2021 Deferred Compensation Plan. The transaction price is shown as $84.57 per unit and, after the grant, Mr. Pinkus beneficially owns 5,169 shares or share-equivalents. The Form 4 was filed as a single reporting person filing and signed by an attorney-in-fact on 10/02/2025. The filing records a routine equity compensation event by an insider rather than an open-market purchase or sale.

Bloom Energy Corp (BE) filing a Form 144 notifies a proposed sale of 3,912,000 Class A common shares with an aggregate market value of $352,823,280, to be sold approximately on 10/02/2025 on the NYSE. The filing shows these shares represent about 1.67% of the 233,997,970 shares outstanding. The shares were acquired on 09/23/2023 through conversion of Series B redeemable convertible preferred stock originally issued 03/23/2023; the conversion involved 13,491,701 shares and the Series B was surrendered with cash payment on 03/23/2023. The filing also discloses recent sales by related parties: SK ecoplant sold 10,000,000 shares on 07/10/2025 for $276,000,000, and Econovation, LLC sold 2,608,000 shares on 08/14/2025 for $110,266,240.

Bloom Energy reported that D. E. Shaw entities and David E. Shaw together hold a meaningful minority stake in the company. D. E. Shaw & Co., L.P. and David E. Shaw each are reported to beneficially own 12,501,566 shares, representing 5.3% of the Class A common stock, while D. E. Shaw & Co., L.L.C. holds 11,725,038 shares, or 5.0%. The disclosed holdings are composed of positions held in affiliated portfolios, call option rights, and assets managed by related investment vehicles.

The filing shows these reporting persons have no sole voting or dispositive power but do have shared voting power of up to 12,430,661 shares and shared dispositive power up to 12,501,566 shares. The reporting persons state the shares were not acquired to change or influence control of the issuer.

Maciej Kurzymski, Chief Accounting Officer and Acting Principal Financial Officer of Bloom Energy Corp (BE), reported the sale of 2,474 shares of Class A common stock on 09/16/2025 to cover tax withholding obligations arising from the settlement of restricted stock units. The weighted average sale price was reported as $70.47, with individual sale prices ranging from $70.37 to $70.56. After the reported disposition, the filing shows Kurzymski beneficially owned 106,374 shares. The Form 4 was submitted by a single reporting person and signed by an attorney-in-fact on 09/18/2025. The filer notes the issuer or staff may request a breakdown of shares sold at each price.

Bloom Energy Corp (BE) officer Chitoori Satish sold 400 shares of Class A common stock on 09/16/2025 at a weighted average price of $71.16 per share to cover tax withholding from the settlement of restricted stock units. After the sale, the reporting person beneficially owned 231,965 shares reported as direct ownership. The Form 4 was signed by an attorney-in-fact on 09/18/2025 and includes a note that the shares were sold in multiple transactions at prices ranging from $70.63 to $71.20.