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Bloom Energy Corp（BE）与Royalty Pharma plc（RPRX）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Royalty Pharma plc的1.2倍（$751.1M vs $622.0M），Royalty Pharma plc净利率更高（34.4% vs 9.4%，领先25.0%），Bloom Energy Corp同比增速更快（130.4% vs 4.8%），过去两年Bloom Energy Corp的营收复合增速更高（51.7% vs 4.6%）
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。
本公司是总部位于美国马萨诸塞州剑桥市的临床阶段生物制药企业，专注于研发可调节转化生长因子β（TGF-β）超家族蛋白的药物，该类蛋白在红细胞、肌肉、骨骼、血管等细胞与组织的生长修复过程中发挥核心作用。
BE vs RPRX — 直观对比
营收规模更大
BE
是对方的1.2倍
$622.0M
营收增速更快
BE
高出125.6%
4.8%
净利率更高
RPRX
高出25.0%
9.4%
两年增速更快
BE
近两年复合增速
4.6%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.1M | $622.0M |
| 净利润 | $70.7M | $214.2M |
| 毛利率 | 30.0% | — |
| 营业利润率 | 17.3% | 62.4% |
| 净利率 | 9.4% | 34.4% |
| 营收同比 | 130.4% | 4.8% |
| 净利润同比 | — | 2.9% |
| 每股收益（稀释后） | $0.44 | $0.49 |
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BERPRX
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | $622.0M | ||
| Q3 25 | $513.3M | $609.3M | ||
| Q2 25 | $396.3M | $578.7M | ||
| Q1 25 | $319.3M | $568.2M | ||
| Q4 24 | $567.0M | $593.6M | ||
| Q3 24 | $321.8M | $564.7M | ||
| Q2 24 | $326.5M | $537.3M |
净利润BERPRX
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | $214.2M | ||
| Q3 25 | $-23.0M | $288.2M | ||
| Q2 25 | $-42.2M | $30.2M | ||
| Q1 25 | $-23.4M | $238.3M | ||
| Q4 24 | $105.2M | $208.2M | ||
| Q3 24 | $-14.6M | $544.0M | ||
| Q2 24 | $-61.2M | $102.0M |
毛利率BERPRX
| 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BERPRX
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | 62.4% | ||
| Q3 25 | 1.5% | 70.1% | ||
| Q2 25 | -0.9% | 36.3% | ||
| Q1 25 | -6.0% | 94.0% | ||
| Q4 24 | 18.5% | 60.9% | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | -7.1% | 50.2% |
净利率BERPRX
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | 34.4% | ||
| Q3 25 | -4.5% | 47.3% | ||
| Q2 25 | -10.6% | 5.2% | ||
| Q1 25 | -7.3% | 41.9% | ||
| Q4 24 | 18.5% | 35.1% | ||
| Q3 24 | -4.5% | 96.3% | ||
| Q2 24 | -18.7% | 19.0% |
每股收益（稀释后）BERPRX
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | $0.49 | ||
| Q3 25 | $-100.00 | $0.67 | ||
| Q2 25 | $-0.18 | $0.07 | ||
| Q1 25 | $-0.10 | $0.55 | ||
| Q4 24 | $0.45 | $0.46 | ||
| Q3 24 | $-0.06 | $1.21 | ||
| Q2 24 | $-0.27 | $0.23 |
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 | — | $618.7M |
| 总债务越低越好 | — | $9.0B |
| 股东权益账面价值 | $948.0K | $9.7B |
| 总资产 | $4.7B | $19.6B |
| 负债/权益比越低杠杆越低 | — | 0.92× |
8季度趋势，按日历期对齐
现金及短期投资BERPRX
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | $618.7M | ||
| Q3 25 | $595.1M | $938.9M | ||
| Q2 25 | $574.8M | $631.9M | ||
| Q1 25 | $794.8M | $1.1B | ||
| Q4 24 | $802.9M | $929.0M | ||
| Q3 24 | $495.7M | $950.1M | ||
| Q2 24 | $581.7M | $1.8B |
总债务BERPRX
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | $9.0B | ||
| Q3 25 | $1.1B | $8.9B | ||
| Q2 25 | $1.1B | $8.0B | ||
| Q1 25 | $1.1B | $7.6B | ||
| Q4 24 | $1.1B | $7.6B | ||
| Q3 24 | $1.1B | $7.6B | ||
| Q2 24 | $1.1B | $7.6B |
股东权益BERPRX
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | $9.7B | ||
| Q3 25 | $653.1M | $9.6B | ||
| Q2 25 | $594.6M | $9.5B | ||
| Q1 25 | $578.3M | $9.8B | ||
| Q4 24 | $562.5M | $10.3B | ||
| Q3 24 | $430.9M | $10.3B | ||
| Q2 24 | $423.3M | $9.8B |
总资产BERPRX
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | $19.6B | ||
| Q3 25 | $2.6B | $19.3B | ||
| Q2 25 | $2.5B | $18.3B | ||
| Q1 25 | $2.6B | $17.6B | ||
| Q4 24 | $2.7B | $18.2B | ||
| Q3 24 | $2.6B | $18.0B | ||
| Q2 24 | $2.5B | $17.7B |
负债/权益比BERPRX
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | 0.92× | ||
| Q3 25 | 1.73× | 0.93× | ||
| Q2 25 | 1.91× | 0.84× | ||
| Q1 25 | 1.96× | 0.78× | ||
| Q4 24 | 2.01× | 0.74× | ||
| Q3 24 | 2.62× | 0.74× | ||
| Q2 24 | 2.66× | 0.78× |
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 | — | $827.1M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 3.86× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BERPRX
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | $827.1M | ||
| Q3 25 | $19.7M | $702.6M | ||
| Q2 25 | $-213.1M | $364.0M | ||
| Q1 25 | $-110.7M | $596.1M | ||
| Q4 24 | $484.2M | $742.5M | ||
| Q3 24 | $-69.5M | $703.6M | ||
| Q2 24 | $-175.5M | $658.2M |
自由现金流BERPRX
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | — | ||
| Q3 25 | $7.4M | — | ||
| Q2 25 | $-220.4M | — | ||
| Q1 25 | $-124.9M | — | ||
| Q4 24 | $473.1M | — | ||
| Q3 24 | $-83.8M | — | ||
| Q2 24 | $-187.5M | — |
自由现金流率BERPRX
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | — | ||
| Q3 25 | 1.4% | — | ||
| Q2 25 | -55.6% | — | ||
| Q1 25 | -39.1% | — | ||
| Q4 24 | 83.4% | — | ||
| Q3 24 | -26.0% | — | ||
| Q2 24 | -57.4% | — |
资本支出强度BERPRX
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.4% | — | ||
| Q2 25 | 1.8% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.7% | — |
现金转化率BERPRX
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | 3.86× | ||
| Q3 25 | — | 2.44× | ||
| Q2 25 | — | 12.06× | ||
| Q1 25 | — | 2.50× | ||
| Q4 24 | 4.60× | 3.57× | ||
| Q3 24 | — | 1.29× | ||
| Q2 24 | — | 6.45× |
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% |
RPRX
| Financial Royalty Assets | $592.4M | 95% |
| Royalty Income Other | $29.6M | 5% |
