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Side-by-side financial comparison of Bloom Energy Corp (BE) and Global Business Travel Group, Inc. (GBTG). Click either name above to swap in a different company.
Global Business Travel Group, Inc. is the larger business by last-quarter revenue ($792.0M vs $751.1M, roughly 1.1× Bloom Energy Corp). Global Business Travel Group, Inc. runs the higher net margin — 10.5% vs 9.4%, a 1.1% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 34.0%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 13.9%).
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.
A travel management company (TMC) is a travel agency which manages organizations' corporate or business travel programs. Such companies will often provide an end-user online booking tool, mobile application, program management, and consulting teams, executive travel services, meetings and events support, reporting functionality, duty of care, and more. Non-Profit travel management companies also provide services to manage complex visa requirements, pre-trip medical needs, remote area travel, ...
BE vs GBTG — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $751.1M | $792.0M |
| Net Profit | $70.7M | $83.0M |
| Gross Margin | 30.0% | — |
| Operating Margin | 17.3% | 3.7% |
| Net Margin | 9.4% | 10.5% |
| Revenue YoY | 130.4% | 34.0% |
| Net Profit YoY | — | 692.9% |
| EPS (diluted) | $0.44 | $0.16 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | $792.0M | ||
| Q3 25 | $513.3M | $674.0M | ||
| Q2 25 | $396.3M | $631.0M | ||
| Q1 25 | $319.3M | $621.0M | ||
| Q4 24 | $567.0M | $591.0M | ||
| Q3 24 | $321.8M | $597.0M | ||
| Q2 24 | $326.5M | $625.0M |
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $83.0M | ||
| Q3 25 | $-23.0M | $-62.0M | ||
| Q2 25 | $-42.2M | $15.0M | ||
| Q1 25 | $-23.4M | $75.0M | ||
| Q4 24 | $105.2M | $-14.0M | ||
| Q3 24 | $-14.6M | $-128.0M | ||
| Q2 24 | $-61.2M | $27.0M |
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 27.0% | — | ||
| Q1 25 | 27.8% | — | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 21.0% | — |
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 3.7% | ||
| Q3 25 | 1.5% | 1.8% | ||
| Q2 25 | -0.9% | 5.4% | ||
| Q1 25 | -6.0% | 8.9% | ||
| Q4 24 | 18.5% | 5.1% | ||
| Q3 24 | -3.0% | 4.5% | ||
| Q2 24 | -7.1% | 6.7% |
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 10.5% | ||
| Q3 25 | -4.5% | -9.2% | ||
| Q2 25 | -10.6% | 2.4% | ||
| Q1 25 | -7.3% | 12.1% | ||
| Q4 24 | 18.5% | -2.4% | ||
| Q3 24 | -4.5% | -21.4% | ||
| Q2 24 | -18.7% | 4.3% |
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $0.16 | ||
| Q3 25 | $-100.00 | $-0.13 | ||
| Q2 25 | $-0.18 | $0.03 | ||
| Q1 25 | $-0.10 | $0.16 | ||
| Q4 24 | $0.45 | $-0.04 | ||
| Q3 24 | $-0.06 | $-0.28 | ||
| Q2 24 | $-0.27 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $434.0M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $948.0K | $1.6B |
| Total Assets | $4.7B | $4.9B |
| Debt / EquityLower = less leverage | — | 0.88× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $434.0M | ||
| Q3 25 | $595.1M | $427.0M | ||
| Q2 25 | $574.8M | $601.0M | ||
| Q1 25 | $794.8M | $552.0M | ||
| Q4 24 | $802.9M | $536.0M | ||
| Q3 24 | $495.7M | $524.0M | ||
| Q2 24 | $581.7M | $515.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $1.4B | ||
| Q3 25 | $1.1B | $1.4B | ||
| Q2 25 | $1.1B | $1.4B | ||
| Q1 25 | $1.1B | $1.4B | ||
| Q4 24 | $1.1B | $1.4B | ||
| Q3 24 | $1.1B | $1.4B | ||
| Q2 24 | $1.1B | — |
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $1.6B | ||
| Q3 25 | $653.1M | $1.5B | ||
| Q2 25 | $594.6M | $1.2B | ||
| Q1 25 | $578.3M | $1.1B | ||
| Q4 24 | $562.5M | $1.1B | ||
| Q3 24 | $430.9M | $1.1B | ||
| Q2 24 | $423.3M | $1.2B |
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $4.9B | ||
| Q3 25 | $2.6B | $4.8B | ||
| Q2 25 | $2.5B | $3.9B | ||
| Q1 25 | $2.6B | $3.8B | ||
| Q4 24 | $2.7B | $3.6B | ||
| Q3 24 | $2.6B | $3.8B | ||
| Q2 24 | $2.5B | $3.8B |
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 0.88× | ||
| Q3 25 | 1.73× | 0.91× | ||
| Q2 25 | 1.91× | 1.15× | ||
| Q1 25 | 1.96× | 1.23× | ||
| Q4 24 | 2.01× | 1.32× | ||
| Q3 24 | 2.62× | 1.26× | ||
| Q2 24 | 2.66× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $52.0M |
| Free Cash FlowOCF − Capex | — | $13.0M |
| FCF MarginFCF / Revenue | — | 1.6% |
| Capex IntensityCapex / Revenue | — | 4.9% |
| Cash ConversionOCF / Net Profit | — | 0.63× |
| TTM Free Cash FlowTrailing 4 quarters | — | $104.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $52.0M | ||
| Q3 25 | $19.7M | $71.0M | ||
| Q2 25 | $-213.1M | $57.0M | ||
| Q1 25 | $-110.7M | $53.0M | ||
| Q4 24 | $484.2M | $65.0M | ||
| Q3 24 | $-69.5M | $85.0M | ||
| Q2 24 | $-175.5M | $73.0M |
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $13.0M | ||
| Q3 25 | $7.4M | $38.0M | ||
| Q2 25 | $-220.4M | $27.0M | ||
| Q1 25 | $-124.9M | $26.0M | ||
| Q4 24 | $473.1M | $33.0M | ||
| Q3 24 | $-83.8M | $59.0M | ||
| Q2 24 | $-187.5M | $49.0M |
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | 1.6% | ||
| Q3 25 | 1.4% | 5.6% | ||
| Q2 25 | -55.6% | 4.3% | ||
| Q1 25 | -39.1% | 4.2% | ||
| Q4 24 | 83.4% | 5.6% | ||
| Q3 24 | -26.0% | 9.9% | ||
| Q2 24 | -57.4% | 7.8% |
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 4.9% | ||
| Q3 25 | 2.4% | 4.9% | ||
| Q2 25 | 1.8% | 4.8% | ||
| Q1 25 | 4.5% | 4.3% | ||
| Q4 24 | 2.0% | 5.4% | ||
| Q3 24 | 4.4% | 4.4% | ||
| Q2 24 | 3.7% | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 0.63× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.80× | ||
| Q1 25 | — | 0.71× | ||
| Q4 24 | 4.60× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 2.70× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
GBTG
| Travel | $620.0M | 78% |
| Other | $172.0M | 22% |
