10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $2.0B | -$87M | 29.3% | 3.6% | -11.3% | -2.0% | $57M | $2.6B | $2.5B |
| 2024 | $1.4B | -$27M | 28.1% | 1.6% | -4.8% | -1.0% | $33M | $1.2B | $803M |
| 2023 | $1.3B | -$308M | 15.6% | -16.5% | -61.3% | -12.8% | -$456M | $847M | $665M |
| 2022 | $1.1B | -$315M | 13.1% | -23.0% | -92.5% | -16.2% | -$309M | $412M | $348M |
| 2021 | $907M | -$193M | 21.8% | -12.6% | 436.2% | -11.2% | -$110M | $527M | $396M |
| 2020 | $731M | -$179M | 22.7% | -11.0% | -227.2% | -12.3% | -$137M | $391M | $247M |
| 2019 | $725M | -$323M | 13.5% | -32.1% | 124.6% | -24.5% | $113M | $637M | $203M |
| 2018 | $575M | -$291M | 18.4% | -28.7% | 204.2% | -19.1% | -$137M | $741M | $221M |
| 2017 | — | -$295M | — | — | 13.5% | -24.2% | -$153M | $941M | $104M |
| 2016 | — | -$336M | — | — | — | — | -$292M | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Mar '26 | $746M | $74M | 30.2% | 9.7% | 8.0% | 1.6% | $47M | $2.6B | $2.5B |
| Dec '25 | $773M | $1M | 31.0% | 11.3% | 0.2% | 0.0% | $395M | $2.6B | $2.5B |
| Sep '25 | $513M | -$23M | 29.5% | 1.5% | -3.5% | -0.9% | $7M | $1.1B | $595M |
| Jun '25 | $396M | -$42M | 27.0% | -0.9% | -7.1% | -1.7% | -$220M | $1.1B | $575M |
| Mar '25 | $319M | -$23M | 27.8% | -6.0% | -4.0% | -0.9% | -$125M | $1.2B | $795M |
| Dec '24 | $567M | $105M | 38.7% | 18.5% | 18.7% | 4.0% | $473M | $1.2B | $803M |
| Sep '24 | $322M | -$15M | 24.5% | -3.0% | -3.4% | -0.6% | -$84M | $1.2B | $496M |
| Jun '24 | $326M | -$61M | 21.0% | -7.1% | -14.5% | -2.4% | -$188M | $1.1B | $582M |
| Mar '24 | $226M | -$57M | 16.8% | -21.7% | -12.1% | -2.5% | -$169M | $848M | $516M |
| Dec '23 | $341M | $4M | 27.1% | 3.8% | 0.8% | 0.2% | $106M | $847M | $665M |
| Sep '23 | $383M | -$168M | -1.4% | -27.0% | -34.5% | -7.1% | -$155M | $842M | $557M |
| Jun '23 | $285M | -$69M | 19.8% | -19.1% | -22.4% | -2.5% | -$66M | $958M | $767M |
| Mar '23 | $259M | -$75M | 21.0% | -24.6% | -18.8% | -3.4% | -$341M | $402M | $320M |
| Dec '22 | $447M | -$51M | 16.0% | -9.1% | -14.9% | -2.6% | -$59M | $412M | $348M |
| Sep '22 | $276M | -$60M | 18.4% | -19.0% | -34.9% | -3.2% | -$106M | $483M | $492M |
| Jun '22 | $228M | -$121M | -0.9% | -44.9% | 68.5% | -7.7% | -$32M | $489M | $236M |
| Mar '22 | $185M | -$83M | 15.1% | -35.5% | 91.1% | -5.0% | -$111M | $523M | $286M |
| Dec '21 | $326M | -$49M | 21.1% | -4.1% | 109.4% | -2.8% | $42M | $527M | $396M |
| Sep '21 | $191M | -$57M | 19.3% | -23.0% | 120.8% | -4.0% | -$83M | $504M | $122M |
| Jun '21 | $212M | -$58M | 17.6% | -20.1% | 270.8% | -4.0% | $32M | $506M | $204M |
How the market has priced BE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Bloom Energy's revenue has grown 22.3% per year. These are computed facts, not advice.
As of FY2025, Bloom Energy reported $2.6B of total debt against $2.5B of cash; operating income covered interest expense 1.4×.
In FY2025, gross margin was 29.3%, operating margin 3.6%, and net margin -4.4%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.