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NYSE · Technology

Bloom Energy Corp (BE)

As-reported financials and SEC filings for Bloom Energy Corp. The latest annual period is FY2025. The latest reported quarter is Q1 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Bloom Energy Corp

Bloom Energy Corp manufactures and operates onsite power generation systems using proprietary high-temperature solid oxide fuel cell technology. Its main products include the Bloom Energy Server, which generates electricity from fuels like natural gas and hydrogen, and the Bloom Electrolyzer, which produces hydrogen. The company serves large commercial customers such as data centers, semiconductor manufacturers, utilities, and other industrial sectors, primarily in the United States, South Korea, and select international markets.

Snapshot

Revenue
$2.00B
Revenue growth (YoY)
38.9%
Net income
$-87.1M
Diluted EPS
$-0.37
Gross margin
28.2%
Operating margin
3.6%
Net margin
-4.4%
FCF margin
2.9%
ROE
-11.0%
net income / fiscal-year-end equity
P/E
trailing when available, otherwise FY EPS
Market cap
$62.92B
Long-term debt / equity
3.30×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Bloom Energy

  • Revenue grew 38.9% to $2.0B in FY2025, faster than the 13.6% the year before.
  • Operating margin turned positive at 3.6% in FY2025, from a 12.6% operating loss in FY2021.
  • Most recent quarter Q1 FY2026: revenue $746M, up 133.8% from Q1 FY2025.
  • Free cash flow was $57M in FY2025, 2.9% of revenue.
  • Net loss widened to $87M in FY2025, from $27M in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Bloom Energy’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin28.2%
21st percentile of 509
Operating margin3.6%
52nd percentile of 563
Net margin-4.4%
33rd percentile of 577
FCF margin2.9%
31st percentile of 544
Revenue growth (YoY)+38.9%
88th percentile of 616
ROE-11.0%
28th percentile of 540
Long-term debt / equity3.30×
95th percentile of 278
Short interest1.35d
18th percentile of 622

Bloom Energy’s long-term debt to equity of 3.30 ranks in the 95th percentile of the 278 Technology companies reporting it. Bloom Energy’s revenue growth of +38.9% ranks in the 88th percentile of the 616 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 11 insider sales totaling $22.1M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 of the superinvestors we track (plus 7 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
5
+7 quant / multi-strat
Initiated / added
7
1 new, 6 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$4.67B
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$1.26B4.2MReduced
Sands Capital ManagementQ2 2026$885.9M2.9MAdded
Millennium ManagementquantQ2 2026$763.5M2.5MAdded
Two Sigma InvestmentsquantQ2 2026$610.4M2.0MReduced
Whale Rock Capital ManagementQ2 2026$486.8M1.6MReduced
Renaissance TechnologiesquantQ2 2026$204.5M675.7KAdded
Citadel AdvisorsquantQ2 2026$196.9M650.4KAdded
AQR Capital ManagementquantQ2 2026$146.9M498.0KAdded
Point72 Asset ManagementquantQ2 2026$93.5M308.9KAdded
Polen Capital ManagementQ2 2026$12.4M40.8KReduced
Bridgewater AssociatesQ2 2026$8.5M28.1KReduced
Gotham Asset ManagementQ2 2026$5.3M17.4KNew

No longer held by: Duquesne Family Office (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
11
$22.1M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-17
filed 2026-08-18
IMMELT JEFFREY RDirectorSell30.0K$238.91$7.2M
2026-08-14
filed 2026-08-18
Joshi AmanChief Commercial OfficerSell4.7K$241.75$1.1M
2026-08-14
filed 2026-08-18
SODERBERG SHAWN MARIESee RemarksSell2.9K$233.60$676K
2026-08-14
filed 2026-08-18
Chitoori SatishChief Operations OfficerSell2.1K$241.64$496K
2026-08-13
filed 2026-08-14
CHAMBERS JOHN TDirectorSell15.0K$250.00$3.8M
2026-08-03
filed 2026-08-04
CHAMBERS JOHN TDirectorSell15.0K$205.58$3.1M
2026-07-01
filed 2026-07-02
Joshi AmanChief Commercial OfficerSell8.3K$300.37$2.5M
2026-06-16
filed 2026-06-17
Joshi AmanChief Commercial OfficerSell3.6K$289.14$1.0M
2026-06-16
filed 2026-06-17
SODERBERG SHAWN MARIESee RemarksSell2.8K$288.63$820K
2026-06-16
filed 2026-06-17
Chitoori SatishChief Operations OfficerSell2.8K$289.11$820K
2026-06-16
filed 2026-06-17
Kurzymski MaciejChief Accounting OfficerSell2.3K$288.62$652K
2026-05-28
filed 2026-06-03
CHAMBERS JOHN TDirectorSell55.0K$297.69$16.4M

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
18.3M
settled 2026-08-14
Change vs prior
-10.3%
vs previous settlement
Days to cover
1.35
at avg daily volume
Avg daily volume
13.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1418.3M-10.3%1.35
2026-07-3120.4M+6.1%1.00
2026-07-1519.2M-0.8%1.48
2026-06-3019.3M-35.0%1.11
2026-06-1529.8M+4.3%2.81
2026-05-2928.6M-1.5%2.74
2026-05-1529.0M+10.8%2.99
2026-04-3026.2M+12.8%2.42

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$2.00B$1.44B$1.27B$1.14B$906.9M
Gross profit$565.0M$372.2M$133.1M$84.5M$132.3M
Operating income$72.8M$22.9M$-208.9M$-261.0M$-114.5M
Net income$-87.1M$-27.2M$-307.9M$-315.1M$-193.4M
Diluted EPS$-0.37$-0.13$-1.42$-1.62$-0.95

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$113.9M$92.0M$-372.5M$-191.7M$-60.7M
Capital expenditure$56.8M$58.9M$83.7M$116.8M$49.8M
Free cash flow$57.2M$33.1M$-456.3M$-308.5M$-110.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q1 FY2026$746.4M133.8%$73.7M$0.23
Q4 FY2025$772.8M36.3%$1.4M$0.01
Q3 FY2025$513.3M59.5%$-23.0M
Q2 FY2025$396.3M21.4%$-42.2M$-0.18
Q1 FY2025$319.3M41.2%$-23.4M$-0.10
Q4 FY2024$567.0M66.1%$105.2M$0.46
Q3 FY2024$321.8M-16.1%$-14.6M
Q2 FY2024$326.5M14.4%$-61.2M$-0.27

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryElectrical Industrial Apparatus
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ1 FY2026 (ended March 31, 2026)
Oldest indexed filing2018
SEC CIK1664703

Selected SEC filings

10-K2026-02-09
View on EDGAR →
10-K2025-02-27
View on EDGAR →
10-Q/A2026-07-29
View on EDGAR →
10-Q2026-07-28
View on EDGAR →
10-Q2026-04-29
View on EDGAR →
10-Q2025-10-28
View on EDGAR →
8-K2026-07-28
View on EDGAR →
8-K2026-07-09
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.