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Bloom Energy Corp（BE）与T1 Energy Inc.（TE）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T1 Energy Inc.的3.6倍（$751.1M vs $210.5M），Bloom Energy Corp净利率更高（9.4% vs -62.0%，领先71.4%）
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。
索尼能源设备株式会社是隶属于索尼集团设备事业部的全资子公司，是一家日本跨国企业，深耕能源产业多领域业务。该公司1975年2月在日本福岛成立，依托索尼的技术积累，在能源相关产品研发、生产及商业化方面具备行业领先实力。
BE vs TE — 直观对比
营收规模更大
BE
是对方的3.6倍
$210.5M
净利率更高
BE
高出71.4%
-62.0%
损益表 — Q1 FY2026 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $751.1M | $210.5M |
| 净利润 | $70.7M | $-130.6M |
| 毛利率 | 30.0% | 10.0% |
| 营业利润率 | 17.3% | -45.0% |
| 净利率 | 9.4% | -62.0% |
| 营收同比 | -3.4% | — |
| 净利润同比 | 396.7% | -375.2% |
| 每股收益（稀释后） | $0.44 | $-0.87 |
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BETE
| Q1 26 | $751.1M | — | ||
| Q4 25 | $772.8M | — | ||
| Q3 25 | $513.3M | $210.5M | ||
| Q2 25 | $396.3M | $132.8M | ||
| Q1 25 | $319.3M | $53.5M | ||
| Q4 24 | $567.0M | — | ||
| Q3 24 | $321.8M | $0 | ||
| Q2 24 | $326.5M | $0 |
净利润BETE
| Q1 26 | $70.7M | — | ||
| Q4 25 | $1.4M | — | ||
| Q3 25 | $-23.0M | $-130.6M | ||
| Q2 25 | $-42.2M | $-31.9M | ||
| Q1 25 | $-23.4M | $-16.2M | ||
| Q4 24 | $105.2M | — | ||
| Q3 24 | $-14.6M | $-27.5M | ||
| Q2 24 | $-61.2M | $-27.0M |
毛利率BETE
| Q1 26 | 30.0% | — | ||
| Q4 25 | 31.0% | — | ||
| Q3 25 | 29.5% | 10.0% | ||
| Q2 25 | 27.0% | 24.7% | ||
| Q1 25 | 27.8% | 33.3% | ||
| Q4 24 | 38.7% | — | ||
| Q3 24 | 24.5% | — | ||
| Q2 24 | 21.0% | — |
营业利润率BETE
| Q1 26 | 17.3% | — | ||
| Q4 25 | 11.3% | — | ||
| Q3 25 | 1.5% | -45.0% | ||
| Q2 25 | -0.9% | -22.0% | ||
| Q1 25 | -6.0% | -44.2% | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | -3.0% | — | ||
| Q2 24 | -7.1% | — |
净利率BETE
| Q1 26 | 9.4% | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | -4.5% | -62.0% | ||
| Q2 25 | -10.6% | -24.0% | ||
| Q1 25 | -7.3% | -30.4% | ||
| Q4 24 | 18.5% | — | ||
| Q3 24 | -4.5% | — | ||
| Q2 24 | -18.7% | — |
每股收益（稀释后）BETE
| Q1 26 | $0.44 | — | ||
| Q4 25 | $99.91 | — | ||
| Q3 25 | $-100.00 | $-0.87 | ||
| Q2 25 | $-0.18 | $-0.21 | ||
| Q1 25 | $-0.10 | $-0.11 | ||
| Q4 24 | $0.45 | — | ||
| Q3 24 | $-0.06 | $-0.20 | ||
| Q2 24 | $-0.27 | $-0.19 |
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 | — | $34.1M |
| 总债务越低越好 | — | $547.3M |
| 股东权益账面价值 | $948.0K | $96.9M |
| 总资产 | $4.7B | $1.4B |
| 负债/权益比越低杠杆越低 | — | 5.65× |
8季度趋势，按日历期对齐
现金及短期投资BETE
| Q1 26 | — | — | ||
| Q4 25 | $2.5B | — | ||
| Q3 25 | $595.1M | $34.1M | ||
| Q2 25 | $574.8M | $8.5M | ||
| Q1 25 | $794.8M | $48.9M | ||
| Q4 24 | $802.9M | — | ||
| Q3 24 | $495.7M | $181.9M | ||
| Q2 24 | $581.7M | $219.6M |
总债务BETE
| Q1 26 | — | — | ||
| Q4 25 | $2.6B | — | ||
| Q3 25 | $1.1B | $547.3M | ||
| Q2 25 | $1.1B | $591.2M | ||
| Q1 25 | $1.1B | $603.2M | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $1.1B | — | ||
| Q2 24 | $1.1B | — |
股东权益BETE
| Q1 26 | $948.0K | — | ||
| Q4 25 | $768.6M | — | ||
| Q3 25 | $653.1M | $96.9M | ||
| Q2 25 | $594.6M | $183.9M | ||
| Q1 25 | $578.3M | $201.9M | ||
| Q4 24 | $562.5M | — | ||
| Q3 24 | $430.9M | $538.7M | ||
| Q2 24 | $423.3M | $561.6M |
总资产BETE
| Q1 26 | $4.7B | — | ||
| Q4 25 | $4.4B | — | ||
| Q3 25 | $2.6B | $1.4B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $2.6B | $1.4B | ||
| Q4 24 | $2.7B | — | ||
| Q3 24 | $2.6B | $615.0M | ||
| Q2 24 | $2.5B | $644.4M |
负债/权益比BETE
| Q1 26 | — | — | ||
| Q4 25 | 3.41× | — | ||
| Q3 25 | 1.73× | 5.65× | ||
| Q2 25 | 1.91× | 3.21× | ||
| Q1 25 | 1.96× | 2.99× | ||
| Q4 24 | 2.01× | — | ||
| 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 | — | $63.9M |
| 自由现金流经营现金流 - 资本支出 | — | $55.0M |
| 自由现金流率自由现金流/营收 | — | 26.1% |
| 资本支出强度资本支出/营收 | — | 4.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-42.3M |
8季度趋势，按日历期对齐
经营现金流BETE
| Q1 26 | — | — | ||
| Q4 25 | $418.1M | — | ||
| Q3 25 | $19.7M | $63.9M | ||
| Q2 25 | $-213.1M | $33.4M | ||
| Q1 25 | $-110.7M | $-44.8M | ||
| Q4 24 | $484.2M | — | ||
| Q3 24 | $-69.5M | $-28.4M | ||
| Q2 24 | $-175.5M | $-28.0M |
自由现金流BETE
| Q1 26 | — | — | ||
| Q4 25 | $395.1M | — | ||
| Q3 25 | $7.4M | $55.0M | ||
| Q2 25 | $-220.4M | $10.6M | ||
| Q1 25 | $-124.9M | $-74.0M | ||
| Q4 24 | $473.1M | — | ||
| Q3 24 | $-83.8M | $-34.0M | ||
| Q2 24 | $-187.5M | $-35.6M |
自由现金流率BETE
| Q1 26 | — | — | ||
| Q4 25 | 51.1% | — | ||
| Q3 25 | 1.4% | 26.1% | ||
| Q2 25 | -55.6% | 8.0% | ||
| Q1 25 | -39.1% | -138.4% | ||
| Q4 24 | 83.4% | — | ||
| Q3 24 | -26.0% | — | ||
| Q2 24 | -57.4% | — |
资本支出强度BETE
| Q1 26 | — | — | ||
| Q4 25 | 3.0% | — | ||
| Q3 25 | 2.4% | 4.2% | ||
| Q2 25 | 1.8% | 17.2% | ||
| Q1 25 | 4.5% | 54.5% | ||
| Q4 24 | 2.0% | — | ||
| Q3 24 | 4.4% | — | ||
| Q2 24 | 3.7% | — |
现金转化率BETE
| Q1 26 | — | — | ||
| Q4 25 | 293.18× | — | ||
| 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% |
TE
| Related Party | $120.1M | 57% |
| Nonrelated Party | $90.4M | 43% |
