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Industrials · Electrical Components & Equipment

Bloom Energy: revenue, profit and cash flow

In fiscal 2025, Bloom Energy had revenue of $2.02B, up 20.6% a year on average since 2020, and a net loss of $87.1M.

Revenue, fiscal 2025

$2.02B+20.6% a year

average annual revenue growth since 2020 · +37.3% vs 2024

Net income, 2025
−$87.1M
−4.3% of revenue
Diluted EPS, 2025
−$0.37
Shares, 2025
240M
Free cash flow, 2025
$57.2M
$114M from operations − $56.8M capex
Ticker
BE · NYSE
Sector
Industrials
Sub-industry
Electrical Components & Equipment
Headquarters
San Jose, California
Founded
2001
In the S&P 500 since
September 21, 2026
Latest fiscal year
2025, ended December 31, 2025
SEC filer
Bloom Energy Corp · CIK 0001664703

Revenue and net income

Revenue went from $209M in 2016 to $2.02B in 2025. Net loss in 2016–2025.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$2.67 in 2019 to −$0.37 in 2025.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 115M in 2019 to 240M in 2025.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $57.2M in 2025, 2.8% of revenue. Negative in 2016–2018, 2020–2023.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSSharesOperating cash flowCapexFree cash flow
2025$2.02B−$87.1M−4.3%−$0.37240M$114M$56.8M$57.2M
2024$1.47B−$27.2M−1.8%−$0.13227M$92M$58.9M$33.1M
2023$1.33B−$308M−23.1%−$1.42213M−$373M$83.7M−$456M
2022$1.2B−$315M−26.3%−$1.62186M−$192M$117M−$309M
2021$972M−$193M−19.9%−$0.95173M−$60.7M$49.8M−$110M
2020$794M−$179M−22.5%−$1.14139M−$98.8M$37.9M−$137M
2019$785M−$323M−41.2%−$2.67115M$164M$51.1M$113M
2018$633M−$291M−46.0%——−$91.9M$45.2M−$137M
2017$366M−$295M−80.7%——−$92M$61.5M−$153M
2016$209M−$336M−161.3%——−$283M$8.98M−$292M

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Electrical Components & Equipment companies

All 83 Industrials companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.