# Bloom Energy Corporation (BE)

**Exchange:** NYSE  
**Sector:** Industrials  
**Market cap:** $56.31B  
**Price:** $234.23 (-9.78%)

> Bloom Energy Corporation designs, manufactures, sells, and installs solid oxide fuel cell systems for on-site power generation. Its primary product, the Bloom Energy Server, converts fuels such as natural gas, biogas, or hydrogen into electricity through an electrochemical process without combustion, offering reliable, scalable power for data centers, manufacturing facilities, hospitals, utilities, agriculture, retail, biotech, and higher education sectors. The company also provides Bloom Electrolyzer systems for hydrogen production, along with decarbonization options like combined heat and power and carbon capture compatibility to reduce emissions. These modular systems deliver fast deployment in as little as 90 days, ultra-high reliability, compact footprints, and low pollutant output, supporting distributed energy solutions that lessen dependence on the central grid. Bloom Energy Corporation serves customers worldwide through direct and indirect sales channels, including long-term electricity supply contracts. Founded in 2001 and headquartered in San Jose, California, it plays a key role in providing clean, always-on energy for high-demand industries like AI infrastructure and commercial operations.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.00B | $587M | $73M | — | — |
| 2024 | $1.44B | $405M | $23M | — | — |
| 2023 | $1.27B | $198M | -$209M | -$302M | — |
| 2022 | $1.14B | $148M | -$261M | -$302M | — |
| 2021 | $907M | $198M | -$115M | -$164M | — |
| 2020 | $731M | $166M | -$81M | -$158M | — |
| 2019 | $725M | $98M | -$233M | -$304M | — |
| 2018 | $575M | $106M | -$165M | -$274M | — |
| 2017 | $366M | -$16M | -$155M | -$276M | — |
| 2016 | $209M | -$103M | -$241M | -$280M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $4.40B | $3.60B | $769M | $2.45B | $2.62B |
| 2024 | $2.66B | $2.07B | $562M | $803M | $1.13B |
| 2023 | $2.41B | $1.89B | $502M | $665M | $847M |
| 2022 | $1.95B | $1.57B | $341M | $348M | $412M |
| 2021 | $1.73B | $1.52B | -$44M | $396M | $527M |
| 2020 | $1.45B | $1.31B | $79M | $247M | $391M |
| 2019 | $1.32B | $1.49B | -$260M | $203M | $637M |
| 2018 | $1.52B | $1.48B | -$143M | $221M | $741M |
| 2017 | $1.22B | $1.72B | -$2.18B | $104M | $941M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $114M | $57M | $57M |
| 2024 | $92M | $59M | $33M |
| 2023 | -$373M | $84M | -$456M |
| 2022 | -$192M | $117M | -$309M |
| 2021 | -$61M | $50M | -$110M |
| 2020 | -$99M | $38M | -$137M |
| 2019 | $164M | $51M | $113M |
| 2018 | -$92M | $45M | -$137M |
| 2017 | -$92M | $61M | -$153M |
| 2016 | -$283M | $9M | -$292M |

Source: [CompaniesByCap](https://companiesbycap.com/company/BE)