Bloom Energy CorpBEEarnings & Financial Report
KR Sridhar is an Indian American engineer, inventor, professor, and entrepreneur. He is the founder, chairman, and chief executive officer (CEO) of Bloom Energy. Prior, Sridhar was a professor of Aerospace and Mechanical Engineering and the Director of the Space Technologies Laboratory (STL) at the University of Arizona. He worked with and advised NASA, and is a member of the National Academy of Engineering.
Revenue
$326.5M
Gross Profit
$68.5M
Operating Profit
$-23.1M
Net Profit
$-61.2M
Gross Margin
21.0%
Operating Margin
-7.1%
Net Margin
-18.7%
YoY Growth
14.4%
EPS
$-0.27
Bloom Energy Corp Q2 FY2024 Financial Summary
Bloom Energy Corp reported revenue of $326.5M (up 14.4% YoY) for Q2 FY2024, with a net profit of $-61.2M (up 11.4% YoY) (-18.7% margin). Cost of goods sold was $257.9M, operating expenses totaled $91.7M.
Key Financial Metrics
| Total Revenue | $326.5M |
|---|---|
| Net Profit | $-61.2M |
| Gross Margin | 21.0% |
| Operating Margin | -7.1% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
Bloom Energy Corp Q2 FY2024 revenue of $326.5M breaks down across 3 segments, led by Products at $226.3M (69.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $226.3M | 69.3% |
| Related Party | $86.8M | 26.6% |
| Electricity | $14.2M | 4.3% |
Bloom Energy Corp Revenue by Segment — Quarterly Trend
Bloom Energy Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Related Party) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Products | — | $638.5M | $384.3M | $296.6M |
| Related Party | — | — | — | $27.1M |
| Electricity | $9.9M | $10.2M | — | $12.8M |
Bloom Energy Corp Annual Revenue by Year
Bloom Energy Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.0B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.0B |
| 2024 | $1.4B |
| 2023 | $1.3B |
| 2022 | $1.1B |
Bloom Energy Corp Quarterly Revenue & Net Profit History
Bloom Energy Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $751.1M | +130.4% | $70.7M | 9.4% |
| Q4 FY2025 | $772.8M | +36.3% | $1.4M | 0.2% |
| Q3 FY2025 | $513.3M | +59.5% | $-23.0M | -4.5% |
| Q2 FY2025 | $396.3M | +21.4% | $-42.2M | -10.6% |
| Q1 FY2025 | $319.3M | +41.2% | $-23.4M | -7.3% |
| Q4 FY2024 | $567.0M | +66.1% | $105.2M | 18.5% |
| Q3 FY2024 | $321.8M | -16.1% | $-14.6M | -4.5% |
| Q2 FY2024 | $326.5M | +14.4% | $-61.2M | -18.7% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $326.5M | $321.8M | $567.0M | $319.3M | $396.3M | $513.3M | $772.8M | $751.1M |
| YoY Growth | 14.4% | -16.1% | 66.1% | 41.2% | 21.4% | 59.5% | 36.3% | 130.4% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.55B | $2.60B | $2.66B | $2.61B | $2.53B | $2.64B | $4.40B | $4.66B |
| Liabilities | $2.10B | $2.15B | $2.07B | $2.01B | $1.91B | $1.96B | $3.60B | $3.7M |
| Equity | $423.3M | $430.9M | $562.5M | $578.3M | $594.6M | $653.1M | $768.6M | $948008 |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-175.5M | $-69.5M | $484.2M | $-110.7M | $-213.1M | $19.7M | $418.1M |