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Side-by-side financial comparison of Bloom Energy Corp (BE) and BeOne Medicines Ltd. (ONC). Click either name above to swap in a different company.

BeOne Medicines Ltd. is the larger business by last-quarter revenue ($1.5B vs $751.1M, roughly 2.0× Bloom Energy Corp). Bloom Energy Corp runs the higher net margin — 9.4% vs 4.4%, a 5.0% gap on every dollar of revenue. On growth, Bloom Energy Corp posted the faster year-over-year revenue change (130.4% vs 32.8%). Over the past eight quarters, Bloom Energy Corp's revenue compounded faster (51.7% CAGR vs 41.2%).

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.

BeOne Medicines, formerly known as BeiGene, Ltd. is a multinational oncology company. It specializes in the development of drugs for cancer treatment.

BE vs ONC — Head-to-Head

Bigger by revenue
ONC
ONC
2.0× larger
ONC
$1.5B
$751.1M
BE
Growing faster (revenue YoY)
BE
BE
+97.5% gap
BE
130.4%
32.8%
ONC
Higher net margin
BE
BE
5.0% more per $
BE
9.4%
4.4%
ONC
Faster 2-yr revenue CAGR
BE
BE
Annualised
BE
51.7%
41.2%
ONC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BE
BE
ONC
ONC
Revenue
$751.1M
$1.5B
Net Profit
$70.7M
$66.5M
Gross Margin
30.0%
90.5%
Operating Margin
17.3%
12.4%
Net Margin
9.4%
4.4%
Revenue YoY
130.4%
32.8%
Net Profit YoY
143.8%
EPS (diluted)
$0.44
$0.05

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.

Revenue
BE
BE
ONC
ONC
Q1 26
$751.1M
Q4 25
$772.8M
$1.5B
Q3 25
$513.3M
$1.4B
Q2 25
$396.3M
$1.3B
Q1 25
$319.3M
$1.1B
Q4 24
$567.0M
$1.1B
Q3 24
$321.8M
$1.0B
Q2 24
$326.5M
$929.2M
Net Profit
BE
BE
ONC
ONC
Q1 26
$70.7M
Q4 25
$1.4M
$66.5M
Q3 25
$-23.0M
$124.8M
Q2 25
$-42.2M
$94.3M
Q1 25
$-23.4M
$1.3M
Q4 24
$105.2M
$-151.9M
Q3 24
$-14.6M
$-121.3M
Q2 24
$-61.2M
$-120.4M
Gross Margin
BE
BE
ONC
ONC
Q1 26
30.0%
Q4 25
31.0%
90.5%
Q3 25
29.5%
86.1%
Q2 25
27.0%
87.5%
Q1 25
27.8%
85.2%
Q4 24
38.7%
85.8%
Q3 24
24.5%
83.0%
Q2 24
21.0%
85.1%
Operating Margin
BE
BE
ONC
ONC
Q1 26
17.3%
Q4 25
11.3%
12.4%
Q3 25
1.5%
11.5%
Q2 25
-0.9%
6.7%
Q1 25
-6.0%
1.0%
Q4 24
18.5%
-7.0%
Q3 24
-3.0%
-12.0%
Q2 24
-7.1%
-11.5%
Net Margin
BE
BE
ONC
ONC
Q1 26
9.4%
Q4 25
0.2%
4.4%
Q3 25
-4.5%
8.8%
Q2 25
-10.6%
7.2%
Q1 25
-7.3%
0.1%
Q4 24
18.5%
-13.5%
Q3 24
-4.5%
-12.1%
Q2 24
-18.7%
-13.0%
EPS (diluted)
BE
BE
ONC
ONC
Q1 26
$0.44
Q4 25
$99.91
$0.05
Q3 25
$-100.00
$0.08
Q2 25
$-0.18
$0.06
Q1 25
$-0.10
$0.00
Q4 24
$0.45
$-0.10
Q3 24
$-0.06
$-0.09
Q2 24
$-0.27
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BE
BE
ONC
ONC
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
$836.4M
Stockholders' EquityBook value
$948.0K
$4.4B
Total Assets
$4.7B
$8.2B
Debt / EquityLower = less leverage
0.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BE
BE
ONC
ONC
Q1 26
Q4 25
$2.5B
$4.5B
Q3 25
$595.1M
$4.0B
Q2 25
$574.8M
$2.8B
Q1 25
$794.8M
$2.5B
Q4 24
$802.9M
$2.6B
Q3 24
$495.7M
$2.7B
Q2 24
$581.7M
$2.6B
Total Debt
BE
BE
ONC
ONC
Q1 26
Q4 25
$2.6B
$836.4M
Q3 25
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.1B
Q3 24
$1.1B
Q2 24
$1.1B
Stockholders' Equity
BE
BE
ONC
ONC
Q1 26
$948.0K
Q4 25
$768.6M
$4.4B
Q3 25
$653.1M
$4.1B
Q2 25
$594.6M
$3.8B
Q1 25
$578.3M
$3.5B
Q4 24
$562.5M
$3.3B
Q3 24
$430.9M
$3.4B
Q2 24
$423.3M
$3.4B
Total Assets
BE
BE
ONC
ONC
Q1 26
$4.7B
Q4 25
$4.4B
$8.2B
Q3 25
$2.6B
$7.6B
Q2 25
$2.5B
$6.3B
Q1 25
$2.6B
$5.8B
Q4 24
$2.7B
$5.9B
Q3 24
$2.6B
$5.8B
Q2 24
$2.5B
$5.7B
Debt / Equity
BE
BE
ONC
ONC
Q1 26
Q4 25
3.41×
0.19×
Q3 25
1.73×
Q2 25
1.91×
Q1 25
1.96×
Q4 24
2.01×
Q3 24
2.62×
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
BE
BE
ONC
ONC
Operating Cash FlowLast quarter
$417.3M
Free Cash FlowOCF − Capex
$379.8M
FCF MarginFCF / Revenue
25.4%
Capex IntensityCapex / Revenue
2.5%
Cash ConversionOCF / Net Profit
6.28×
TTM Free Cash FlowTrailing 4 quarters
$941.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BE
BE
ONC
ONC
Q1 26
Q4 25
$418.1M
$417.3M
Q3 25
$19.7M
$402.6M
Q2 25
$-213.1M
$263.6M
Q1 25
$-110.7M
$44.1M
Q4 24
$484.2M
$75.2M
Q3 24
$-69.5M
$188.4M
Q2 24
$-175.5M
$-95.6M
Free Cash Flow
BE
BE
ONC
ONC
Q1 26
Q4 25
$395.1M
$379.8M
Q3 25
$7.4M
$354.5M
Q2 25
$-220.4M
$219.8M
Q1 25
$-124.9M
$-12.3M
Q4 24
$473.1M
$-17.3M
Q3 24
$-83.8M
$54.7M
Q2 24
$-187.5M
$-205.5M
FCF Margin
BE
BE
ONC
ONC
Q1 26
Q4 25
51.1%
25.4%
Q3 25
1.4%
25.1%
Q2 25
-55.6%
16.7%
Q1 25
-39.1%
-1.1%
Q4 24
83.4%
-1.5%
Q3 24
-26.0%
5.5%
Q2 24
-57.4%
-22.1%
Capex Intensity
BE
BE
ONC
ONC
Q1 26
Q4 25
3.0%
2.5%
Q3 25
2.4%
3.4%
Q2 25
1.8%
3.3%
Q1 25
4.5%
5.0%
Q4 24
2.0%
8.2%
Q3 24
4.4%
13.3%
Q2 24
3.7%
11.8%
Cash Conversion
BE
BE
ONC
ONC
Q1 26
Q4 25
293.18×
6.28×
Q3 25
3.22×
Q2 25
2.79×
Q1 25
34.71×
Q4 24
4.60×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BE
BE

Product$653.3M87%
Service$61.9M8%
Installation$25.9M3%
Electricity$9.9M1%

ONC
ONC

Segment breakdown not available.

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