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Bloom Energy Corp（BE）与MP Materials Corp.（MP）财务数据对比。点击上方公司名可切换其他公司
Bloom Energy Corp的季度营收约是MP Materials Corp.的14.3倍（$751.1M vs $52.7M），MP Materials Corp.净利率更高（17.9% vs 9.4%，领先8.5%），Bloom Energy Corp同比增速更快（-3.4% vs -13.6%），过去两年Bloom Energy Corp的营收复合增速更高（51.7% vs 4.0%）
Bloom Energy Corp是一家能源技术企业，由印裔美国工程师、发明家、企业家KR·斯里达尔创立，他同时担任公司董事长兼首席执行官。斯里达尔此前曾任亚利桑那大学航空航天与机械工程教授、空间技术实验室主任，曾为NASA提供顾问服务，现为美国国家工程院院士。
MP Materials Corp.是总部位于美国的稀土材料生产商，拥有并运营加利福尼亚州芒廷帕斯矿，这是西半球唯一在产的稀土开采及加工设施，所产核心材料可广泛应用于电动汽车、风力发电机、国防工业等多个关键领域。
BE vs MP — 直观对比
营收规模更大
BE
是对方的14.3倍
$52.7M
营收增速更快
BE
高出10.2%
-13.6%
净利率更高
MP
高出8.5%
9.4%
两年增速更快
BE
近两年复合增速
4.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.1M | $52.7M |
| 净利润 | $70.7M | $9.4M |
| 毛利率 | 30.0% | — |
| 营业利润率 | 17.3% | -7.0% |
| 净利率 | 9.4% | 17.9% |
| 营收同比 | -3.4% | -13.6% |
| 净利润同比 | 396.7% | 142.2% |
| 每股收益（稀释后） | $0.44 | $0.07 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BEMP
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | $52.7M | ||
| Q3 25 | $513.3M | $53.6M | ||
| Q2 25 | $396.3M | $57.4M | ||
| Q1 25 | $319.3M | $60.8M | ||
| Q4 24 | $567.0M | $61.0M | ||
| Q3 24 | $321.8M | $62.9M | ||
| Q2 24 | $326.5M | $31.3M |
净利润BEMP
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $9.4M | ||
| Q3 25 | $-23.0M | $-41.8M | ||
| Q2 25 | $-42.2M | $-30.9M | ||
| Q1 25 | $-23.4M | $-22.6M | ||
| Q4 24 | $105.2M | $-22.3M | ||
| Q3 24 | $-14.6M | $-25.5M | ||
| Q2 24 | $-61.2M | $-34.1M |
毛利率BEMP
| 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% | — |
营业利润率BEMP
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | -7.0% | ||
| Q3 25 | 1.5% | -125.2% | ||
| Q2 25 | -0.9% | -76.5% | ||
| Q1 25 | -6.0% | -57.2% | ||
| Q4 24 | 18.5% | -72.1% | ||
| Q3 24 | -3.0% | -62.8% | ||
| Q2 24 | -7.1% | -171.1% |
净利率BEMP
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 17.9% | ||
| Q3 25 | -4.5% | -78.0% | ||
| Q2 25 | -10.6% | -53.8% | ||
| Q1 25 | -7.3% | -37.2% | ||
| Q4 24 | 18.5% | -36.6% | ||
| Q3 24 | -4.5% | -40.5% | ||
| Q2 24 | -18.7% | -108.9% |
每股收益（稀释后）BEMP
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $0.07 | ||
| Q3 25 | $-100.00 | $-0.24 | ||
| Q2 25 | $-0.18 | $-0.19 | ||
| Q1 25 | $-0.10 | $-0.14 | ||
| Q4 24 | $0.45 | $-0.12 | ||
| Q3 24 | $-0.06 | $-0.16 | ||
| Q2 24 | $-0.27 | $-0.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | $1.2B |
| 总债务越低越好 | — | $998.7M |
| 股东权益账面价值 | $948.0K | $2.0B |
| 总资产 | $4.7B | $3.9B |
| 负债/权益比越低杠杆越低 | — | 0.50× |
8季度趋势，按日历期对齐
现金及短期投资BEMP
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $1.2B | ||
| Q3 25 | $595.1M | $1.1B | ||
| Q2 25 | $574.8M | $261.5M | ||
| Q1 25 | $794.8M | $198.3M | ||
| Q4 24 | $802.9M | $282.4M | ||
| Q3 24 | $495.7M | $284.4M | ||
| Q2 24 | $581.7M | $295.6M |
总债务BEMP
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $998.7M | ||
| Q3 25 | $1.1B | $997.3M | ||
| Q2 25 | $1.1B | $910.8M | ||
| Q1 25 | $1.1B | $909.8M | ||
| Q4 24 | $1.1B | $908.7M | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
股东权益BEMP
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $2.0B | ||
| Q3 25 | $653.1M | $2.0B | ||
| Q2 25 | $594.6M | $1.0B | ||
| Q1 25 | $578.3M | $1.0B | ||
| Q4 24 | $562.5M | $1.1B | ||
| Q3 24 | $430.9M | $1.1B | ||
| Q2 24 | $423.3M | $1.1B |
总资产BEMP
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $3.9B | ||
| Q3 25 | $2.6B | $3.8B | ||
| Q2 25 | $2.5B | $2.3B | ||
| Q1 25 | $2.6B | $2.4B | ||
| Q4 24 | $2.7B | $2.3B | ||
| Q3 24 | $2.6B | $2.3B | ||
| Q2 24 | $2.5B | $2.4B |
负债/权益比BEMP
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 0.50× | ||
| Q3 25 | 1.73× | 0.51× | ||
| Q2 25 | 1.91× | 0.90× | ||
| Q1 25 | 1.96× | 0.88× | ||
| Q4 24 | 2.01× | 0.86× | ||
| Q3 24 | 2.62× | — | ||
| Q2 24 | 2.66× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | $-46.9M |
| 自由现金流经营现金流 - 资本支出 | — | $-109.3M |
| 自由现金流率自由现金流/营收 | — | -207.4% |
| 资本支出强度资本支出/营收 | — | 118.5% |
| 现金转化率经营现金流/净利润 | — | -4.97× |
| 过去12个月自由现金流最近4个季度 | — | $-328.1M |
8季度趋势，按日历期对齐
经营现金流BEMP
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $-46.9M | ||
| Q3 25 | $19.7M | $-42.0M | ||
| Q2 25 | $-213.1M | $-3.7M | ||
| Q1 25 | $-110.7M | $-63.2M | ||
| Q4 24 | $484.2M | $30.5M | ||
| Q3 24 | $-69.5M | $-6.8M | ||
| Q2 24 | $-175.5M | $30.8M |
自由现金流BEMP
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | $-109.3M | ||
| Q3 25 | $7.4M | $-92.5M | ||
| Q2 25 | $-220.4M | $-32.7M | ||
| Q1 25 | $-124.9M | $-93.7M | ||
| Q4 24 | $473.1M | $-11.2M | ||
| Q3 24 | $-83.8M | $-53.3M | ||
| Q2 24 | $-187.5M | $-15.6M |
自由现金流率BEMP
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | -207.4% | ||
| Q3 25 | 1.4% | -172.8% | ||
| Q2 25 | -55.6% | -56.9% | ||
| Q1 25 | -39.1% | -154.0% | ||
| Q4 24 | 83.4% | -18.3% | ||
| Q3 24 | -26.0% | -84.7% | ||
| Q2 24 | -57.4% | -50.1% |
资本支出强度BEMP
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | 118.5% | ||
| Q3 25 | 2.4% | 94.3% | ||
| Q2 25 | 1.8% | 50.5% | ||
| Q1 25 | 4.5% | 50.1% | ||
| Q4 24 | 2.0% | 68.3% | ||
| Q3 24 | 4.4% | 73.8% | ||
| Q2 24 | 3.7% | 148.7% |
现金转化率BEMP
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | -4.97× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 4.60× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
MP
| Materials Segment | $35.6M | 68% |
| Other | $17.1M | 32% |
