BE
Bloom Energy CorporationStock · EnergyRussell 1000 0.1% · US Stock Market 0.1% · Russell 3000 0.1% · MSCI World 0.07% · MSCI ACWI 0.06%$265.63-5.39%
as of market close, Sep 18, 2026
☾ AH $267.02 +0.52%
BE financial statements
The full income statement, balance sheet, and cash-flow statement for Bloom Energy Corporation (BE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-03 227.0M2024-06 227.6M2024-09 228.6M2024-12 230.4M2025-03 232.2M2025-06 234.0M2025-09 236.5M2025-12 280.5M2026-03 284.4M+25.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 2.00B+35.8% | 1.47B+10.5% | 1.33B+11.2% | 1.20B+23.3% | 972M+22.4% | |
| 587M+45.2% | 405M+104.6% | 198M+33.4% | 148M-24.9% | 198M+19.2% | ||
| Cost of revenue | 1.44B+34.4% | 1.07B-5.9% | 1.14B+8.1% | 1.05B+35.7% | 775M+23.3% | |
| 515M+34.8% | 382M-6.1% | 407M-0.6% | 409M+31.1% | 312M+26.6% | ||
| Research & development | 186M+25.1% | 149M-4.6% | 156M+3.5% | 151M+45.7% | 103M+23.7% | |
| Selling, general & administrative | 198M+20.2% | 165M+2.6% | 161M-4.1% | 168M+37.3% | 122M+14.1% | |
| General & administrative | 198M+20.2% | 165M+2.6% | 161M-4.1% | 168M+37.3% | 122M+14.1% | |
| Selling & marketing | 130M+91.5% | 68.0M-24.4% | 90.0M-1.1% | 90.9M+5.1% | 86.5M+54.7% | |
| Restructuring | — | 0.00-100.0% | 9.30M | — | — | |
| Provision for credit losses | — | 4.00M-27.3% | 5.50M+37.5% | 4.00M | 0.00 | |
| Operating income | 72.8M+217.8% | 22.9M+111.0% | -209M+20.0% | -261M-127.9% | -115M-41.7% | |
| Interest expense | 53.9M-13.9% | 62.6M-42.2% | 108M+102.4% | 53.5M-22.5% | 69.0M-12.4% | |
| Other non-operating income | 2.15M-86.5% | 15.9M+669.4% | -2.79M-155.9% | 5.00M+161.4% | -8.14M+2.2% | |
| Equity-method income | -40.4M | 0.00 | 0.00 | — | — | |
| Pre-tax income | -84.4M-220.2% | -26.4M+91.4% | -306M+2.5% | -314M-63.3% | -192M-7.5% | |
| Income tax | 2.74M+223.4% | 846K-55.3% | 1.89M+72.7% | 1.10M+4.9% | 1.05M+308.6% | |
| -87.1M-220.3% | -27.2M+91.0% | -302M-0.1% | -302M-83.5% | -164M-4.4% | ||
| Net income to non-controlling interest | 1.29M-36.1% | 2.02M+134.8% | -5.82M+56.5% | -13.4M | — | |
| Preferred dividends | — | — | — | — | 0.00 | |
| Net income to common | — | — | — | -302M-83.4% | -164M-4.4% | |
| -$0.37-184.6% | -$0.13+90.8% | -$1.42+12.3% | -$1.62-70.5% | -$0.95+16.7% | ||
| EPS (basic) | -$0.37-184.6% | -$0.13+90.8% | -$1.42+12.3% | -$1.62-70.5% | -$0.95+16.7% | |
| Weighted-avg shares (basic) | 240M+5.7% | 227M+6.9% | 213M+14.4% | 186M+7.2% | 173M+25.0% | |
| Weighted-avg shares (diluted) | 240M+5.7% | 227M+6.9% | 213M+14.4% | 186M+7.2% | 173M+25.0% | |
| Dividends per share | $0.00-47.0% | $0.01 | — | — | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 3.73B+82.5% | 2.04B+20.7% | 1.69B+60.3% | 1.06B+30.9% | 806M+30.4% | ||
| Cash & equivalents | 2.45B+205.7% | 803M+20.8% | 665M+90.7% | 348M-12.0% | 396M+60.4% | |
| Accounts receivable | 372M+10.7% | 336M-1.4% | 341M+35.8% | 251M+185.9% | 87.8M-8.7% | |
| Inventory | 643M+18.1% | 545M+8.4% | 503M+87.2% | 268M+87.2% | 143M+0.9% | |
| Prepaid expenses | 49.8M+7.8% | 46.2M-9.7% | 51.1M+17.2% | 43.6M+42.3% | 30.7M-0.2% | |
| 4.40B+65.5% | 2.66B+10.1% | 2.41B+24.0% | 1.95B+12.8% | 1.73B+18.6% | ||
| Operating lease right-of-use | 109M-11.4% | 122M-12.3% | 140M+10.1% | 127M+19.0% | 107M+199.4% | |
| Goodwill | — | — | — | — | 1.96M | |
| Long-term investments | — | — | — | 0.00-100.0% | 1.82M | |
| Other non-current assets | 57.2M+24.0% | 46.1M-8.1% | 50.2M+24.9% | 40.2M-2.1% | 41.1M+19.0% | |
| Total non-current assets | — | — | — | 891M-3.1% | 919M+10.0% | |
| 624M-2.0% | 637M+35.4% | 470M-13.2% | 542M+58.2% | 342M-21.5% | ||
| Accounts payable | 203M+119.1% | 92.7M-29.8% | 132M-18.4% | 162M+121.7% | 73.0M+25.1% | |
| Short-term & current debt | 4.15M-96.4% | 114M | 0.00-100.0% | 26.0M+0.7% | 25.8M-78.6% | |
| Current lease liability | 22.0M+12.0% | 19.6M-3.0% | 20.2M+24.8% | 16.2M+23.9% | 13.1M+65.9% | |
| Other current liabilities | 222M+60.5% | 138M+5.8% | 131M-9.2% | 144M+26.3% | 114M+1.9% | |
| Finance lease liability (current) | 1.37M+39.7% | 981K-8.5% | 1.07M+4.7% | 1.02M+18.7% | 863K+1066.2% | |
| 3.60B+73.9% | 2.07B+9.5% | 1.89B+20.7% | 1.57B+3.2% | 1.52B+15.7% | ||
| Long-term debt | 2.61B+157.7% | 1.01B+19.8% | 847M+119.6% | 386M-23.0% | 501M+85.5% | |
| Non-current lease liability | 107M-14.1% | 125M-12.3% | 142M+7.2% | 132M+24.7% | 106M+153.7% | |
| Operating lease liability (total) | 129M-10.6% | 144M-11.1% | 162M+9.1% | 149M+24.6% | 119M+139.8% | |
| Finance lease liability (total) | 5.22M+52.1% | 3.43M+17.9% | 2.91M-2.9% | 3.00M-0.8% | 3.02M+785.6% | |
| Finance lease liability | 3.85M+57.1% | 2.45M+33.4% | 1.84M-6.8% | 1.97M-8.6% | 2.16M+707.9% | |
| Other non-current liabilities | 10.0M+8.8% | 9.21M+1.8% | 9.05M-4.7% | 9.49M-43.4% | 16.8M-2.9% | |
| 769M+36.7% | 562M+12.0% | 502M+47.3% | 341M+868.8% | -44.3M-156.2% | ||
| Common stock | 28.0K+21.7% | 23.0K+9.5% | 21.0K+5.0% | 20.0K+11.1% | 18.0K+5.9% | |
| Additional paid-in capital | 4.76B+6.6% | 4.46B+2.1% | 4.37B+11.9% | 3.91B+21.4% | 3.22B+1.1% | |
| Retained earnings | -3.99B-2.3% | -3.90B-0.8% | -3.87B-8.5% | -3.56B-9.2% | -3.26B-5.1% | |
| Accumulated other comprehensive income | -369K+85.8% | -2.59M-53.7% | -1.69M-34.9% | -1.25M-257.4% | -350K-3788.9% | |
| Non-controlling interest | 24.3M+6.9% | 22.7M+22.3% | 18.6M-51.1% | 38.0M-10.5% | 42.5M-31.7% | |
| Total equity incl. non-controlling | 793M+35.5% | 585M+12.4% | 521M+37.4% | 379M+20834.3% | -1.83M-101.3% | |
| Total liabilities & equity | 4.40B+65.5% | 2.66B+10.1% | 2.41B+24.0% | 1.95B+12.8% | 1.73B+18.6% | |
| Common shares outstanding | 280M+22.2% | 229M+2.0% | 225M+9.3% | 206M+16.6% | 176M+5.0% | |
| Shares outstanding (cover) | 281M+21.8% | 230M+2.4% | 225M | — | — | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 114M+23.9% | 92.0M+124.7% | -373M-94.3% | -192M-216.0% | -60.7M+38.6% | ||
| Depreciation & amortization | 50.6M-4.7% | 53.0M-15.3% | 62.6M+1.6% | 61.6M+15.3% | 53.5M+2.2% | |
| Deferred income taxes | 108K+133.4% | -323K-4137.5% | 8.00K+101.8% | -435K-495.9% | -73.0K+69.2% | |
| Change in receivables | 35.5M+598.0% | -7.13M-107.9% | 89.9M-44.8% | 163M+1992.0% | -8.61M-114.0% | |
| Change in inventory | 119M+167.7% | 44.5M-80.8% | 232M+85.5% | 125M+14010.5% | 885K-97.3% | |
| Change in payables | 111M+402.8% | -36.6M-26.0% | -29.1M-133.6% | 86.5M+564.5% | 13.0M+2192.8% | |
| -93.1M-58.4% | -58.8M+29.8% | -83.7M+28.3% | -117M-150.2% | -46.7M-23.2% | ||
| Capital expenditure | 56.8M-3.6% | 58.9M-29.7% | 83.7M-28.3% | 117M+134.5% | 49.8M+31.4% | |
| Free cash flow | 57.2M+72.5% | 33.1M+107.3% | -456M-47.9% | -309M-179.2% | -110M+19.2% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Proceeds from sale of PP&E | 131K+87.1% | 70.0K+400.0% | 14.0K | 0.00 | 0.00 | |
| 1.51B+760.9% | 175M-74.4% | 683M+223.3% | 211M-31.0% | 306M+74.0% | ||
| Long-term debt issued | 2.50B+521.1% | 403M-36.8% | 637M | 0.00-100.0% | 136M | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 59.1M+378.1% | 12.4M-27.0% | 16.9M+10.9% | 15.3M-83.0% | 89.8M+282.2% | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 947K-35.5% | 1.47M | 0.00 | 0.00 | 0.00 | |
| Other financing activities | 150K | 0.00+100.0% | -35.0K+53.9% | -76.0K | 0.00 | |
| FX effect on cash | 1.38M+152.4% | -2.63M-835.9% | -281K-164.7% | 434K+173.1% | -594K | |
| Net change in cash | 1.53B+643.8% | 206M-9.3% | 227M+334.4% | -96.7M-148.8% | 198M+404.6% | |
| Interest paid | 49.5M-11.1% | 55.7M+11.6% | 49.9M+1.9% | 49.0M-28.7% | 68.7M-4.1% | |
| Income taxes paid | 1.71M+19.8% | 1.42M-2.1% | 1.46M+1.1% | 1.44M+149.8% | 576K+55.3% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 24.4B+376.4% | 5.12B+54.3% | 3.32B-11.0% | 3.73B-3.7% | 3.87B-19.6% | |
| P/S | 12.2×+250.8% | 3.5×+50.7% | 2.3×-33.3% | 3.5×-13.2% | 4.0×-34.3% | |
| P/B | 31.7×+248.6% | 9.1×+33.5% | 6.8×-68.4% | 21.6× | — | |
| P/FCF | 426.2×+176.1% | 154.4× | — | — | — | |
| FCF yield | 0.23%-63.8% | 0.65% | — | — | — | |
| Dividend yield | 0.00%-86.5% | 0.03% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: BE’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all BE filings on SEC EDGAR → Not investment advice.