Bloom Energy Corp (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation in the United States and internationally. It offers Bloom Energy Server, an energy server platform to convert fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through a non-combustion electrochemical process. The company also provides Bloom Electrolyzer for producing hydrogen. It sells its products through direct and indirect sales channels to utilities, data centers, retail, healthcare, education, telecom, manufacturing, and other industries. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.

Ticker
BE
Exchange
NYSE
Sector
Industrials
Industry
Electrical Equipment & Parts
Market cap
$51.20B
52-week range
$75.70 - $351.28

Valuation

Share price
$173.24 (close of Nov 6, 2026)
P/E (TTM)
96.78x
Price to book
26.08x
Price to free cash flow
117.24x
Enterprise value
$51.50B
Book value per share
$6.64

Price performance

PeriodChange
1 day+3.41%
5 days-14.73%
1 month-41.43%
3 months-24.34%
6 months-39.31%
Year to date+99.38%
1 year+26.58%
3 years+1,616.95%
5 years+441.38%
All time+592.96%

Short interest

As of
Oct 15, 2026
Short % of float
6.62%
Shares short
17.19M
Days to cover
1.33
Change since prior report
-18.07%
Source
FINRA consolidated short interest

Members of Congress who disclosed BE trades

Gilbert Ray Cisneros · Nancy Pelosi · Austin Scott

Super investors holding BE

Ken Griffin (Citadel) · Polen Capital Mgmt (Polen Capital Management LLC) · Ray Dalio (Bridgewater Associates)

Profitability and growth

Return on equity
-10.99%
Return on invested capital
1.85%
Return on assets
-1.98%
Return on capital employed
1.93%
Gross margin
29.35%
Net margin
-4.35%
EBITDA margin
6.16%
Revenue growth
38.87%
Free cash flow growth
72.54%

Cash flow and balance sheet

Free cash flow yield (TTM)
0.85%
Current ratio
3.74x
Net debt to EBITDA
0.48x

Latest reported year

Period end
Dec 31, 2025
Fiscal year
2025
Revenue
$2.00B
Cost of revenue
$1.44B
Gross profit
$587.40M
EBITDA
$123.37M
Net income
-$87.14M
Earnings per share
$-0.37
Research and development
$185.99M
Interest expense
$53.89M
Shares outstanding
240.40M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$2.00B$587.40M-$87.14M-$0.37
2024-12-31$1.44B$404.65M-$27.20M-$0.13
2023-12-31$1.27B$197.79M-$302.12M-$1.42
2022-12-31$1.14B$148.29M-$301.71M-$1.62
2021-12-31$906.86M$197.58M-$164.44M-$0.95
2020-12-31$731.22M$165.79M-$157.55M-$1.14
2019-12-31$724.79M$97.59M-$304.41M-$2.67
2018-12-31$575.12M$105.75M-$273.54M-$5.14
2017-12-31$365.62M-$16.31M-$276.36M-$26.97
2016-12-31$208.54M-$103.49M-$279.66M-$27.84

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3129.35%-4.35%-10.99%1.85%
2024-12-3128.07%-1.89%-4.65%1.04%
2023-12-3115.59%-23.81%-58.02%-10.58%
2022-12-3113.06%-26.57%-79.64%-18.65%
2021-12-3121.79%-18.13%--17.69%
2020-12-3122.67%-21.55%-111.72%-13.88%
2019-12-3113.46%-42.00%--49.69%
2018-12-3118.39%-47.56%--27.56%
2017-12-31-4.46%-75.59%--
2016-12-31-49.63%-134.10%--

Cash and debt by year

Period endCashDebt
2025-12-31$2.45B$2.61B
2024-12-31$802.85M$1.01B
2023-12-31$664.59M$846.63M
2022-12-31$348.50M$385.56M
2021-12-31$396.04M$500.90M
2020-12-31$246.95M$270.05M
2019-12-31$202.82M$299.23M
2018-12-31$325.08M$711.43M
2017-12-31$130.64M$921.21M
2016-12-31$156.58M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$57.19M-
2024-12-31$33.15M-
2023-12-31-$456.27M-
2022-12-31-$308.55M-
2021-12-31-$110.49M-
2020-12-31-$136.71M-
2019-12-31$112.72M-
2018-12-31-$137.15M$180.30M
2017-12-31-$153.42M$30.50M
2016-12-31-$291.81M$28.20M

Investor relations

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-22Sep 2026$0.56
2026-07-28Jun 2026$0.23
2026-04-28Mar 2026-$0.02
2026-02-05Dec 2025$0.15
2025-10-28Sep 2025-$0.03
2025-07-31Jun 2025-$0.13
2025-04-30Mar 2025-$0.15
2025-02-27Dec 2024$0.23

Filings and sources

Company website
bloomenergy.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Price-to-earnings ratio · Short interest · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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