— Know what they know.
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Not Investment Advice

BE

NYSE · USD
Bloom Energy Corporation
Industrials · Electrical Equipment & Parts
CEO K. R. Sridhar Employees 2,214 R&D / revenue 9.2%
Last price
$221.31−6.34%last session
Market cap
$65.2B
P/E (TTM)
264.8x
From 52w high
−37.0%
From 52w low
+192.4%
1-year return
+92.3%
RSI 14 · vs SMA200
36.5 · +2.3%
IS score
73.3/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

BE   SPY   XLI (sector ETF) · weekly closes
100150200250Jan 26Apr 26Jul 26Oct 26BE 192SPY 116XLI 111

Score DNA

Each bar is a 0-100 score within the scored universe
59
Profitability
78
Growth
44
Value
100
Momentum
100
Risk (safety)
68
Quality
70
Balance sheet
51
Earnings quality

Flags

Strengths
✓ Congress buying
Warnings
▲ Beneish M above -1.78▲ Share count rising
Observations
Moat model: Narrow, Efficient ScalePiotroski 6 / 9Altman Z 15.3Beta 3.812 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
24 open-market sales, $65.8M
Form 144 notices (12m): 55, $161.0M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
12
Last disclosed purchase 2026-09-25
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+306
395 new holders, 80 closed
1,292 filers hold 81.1% · 416 added, 390 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+216
1,100 funds adding shares
884 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
54.4%
20-day avg 58.1%, 50-day avg 50.3%
Latest 3.7 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$2.0B
Revenue growth YoY+37.3%
Gross margin29.0%
Operating income$72.8M
Operating margin3.6%
Net income−$88.4M
Net margin-4.4%
EPS (diluted)$-0.37
Cash flow
Operating cash flow$113.9M
Capital expenditure$56.8M
Free cash flow$57.2M
FCF conversion (FCF / OCF)50.2%
Stock-based compensation$0
FCF less SBC$57.2M
Buybacks$0
Dividends$947,000
Balance sheet & returns
Cash & short-term investments$2.5B
Total debt$2.6B
Net debt$163.8M
Shareholders' equity$793.0M
Goodwill & intangibles$0
Debt / equity1.74
ROE (TTM)24.8%
ROIC (TTM)7.5%
Operating margin by fiscal year
-12.0%FY2021-21.8%FY2022-15.7%FY20234.4%FY20245.5%FY2025
Revenue $972.2M (FY2021) to $2.0B (FY2025), a 20.1% CAGR.

Valuation

P/E (TTM)264.8x
EV / EBITDA186.8x
Price / sales20.94x
Price / FCF103.8x
FCF yield0.96%
Buyback yield0.00%
SBC / revenue2.7%
Price / book39.44x
Forward P/E FY202681.6x
Forward P/E FY202744.0x
Forward P/E FY202826.9x
Forward multiples divide today's price by Street EPS estimates. Street mean target $264.07 across 15 analysts last quarter is theirs, not ours.

BE vs industry median

160 companies in Electrical Equipment & Parts
Gross margin 31.2% 29.1% Operating margin 11.2% -2.0% Net margin 7.9% -6.5% ROIC 7.5% 2.6%
BE (TTM)Industry median Asset turnover 0.55 vs industry 0.64 · financial leverage 3.49

Earnings delivery

Next report 2026-10-22 · consensus EPS $0.69
58%
beat rate, 7 of 12 quarters
+40.5%
median EPS surprise
6
longest beat streak
-21+451-12-70+0-112+34+143+726+49+47+255
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-08-03 to 2026-04-28. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
BE Bloom Energy Corporation $65.2B264.8x24.8%7.9%+37.3% +92.3%
AME AMETEK, Inc. $56.9B36.1x14.6%19.9%+12.7% +35.3%
VRT Vertiv Holdings Co $79.5B45.7x43.9%15.2%+26.2% +16.2%
ETN Eaton Corporation plc $152.0B39.7x19.7%9.6%+15.5% +5.3%
HUBB Hubbell Incorporated $24.4B27.2x24.3%14.0%+10.6% +7.9%
NVT nVent Electric plc $23.0B38.5x15.9%14.7%+46.2% —
AYI Acuity Brands, Inc. $9.1B17.3x18.6%13.9%+6.8% —
URI United Rentals, Inc. $64.1B24.8x28.9%17.1%+6.9% —
12-month window: SPY +15.9%, sector ETF XLI +10.7%. Past returns describe history only.

Recent 8-K filings

2026-07-28Earnings Release; Regulation FD; Exhibits
2026-07-09Regulation FD
2026-06-22Officer/Director Change
2026-06-17Officer/Director Change; Exhibits
2026-05-27Bylaws Amendment; Shareholder Vote; Exhibits
2026-04-28Earnings Release; Regulation FD; Exhibits

Context

Shares outstanding294,527,000
Free float94.0%
Institutional ownership81.1%
Beta3.81
Dividend yield0.00%
Last dividendNone on file
50 / 200-day average$248.78 / $215.63
Large-cap Industrials median P/E29.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where BE sits among 28 scored companies in Electrical Equipment & Parts (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureBEIndustry medianIndustry percentileSector median
P/E (TTM) 266.1x 29.3x
100th		 25.4x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 20.9x 3.1x
96th		 2.0x
Price / book 40.4x 3.2x
96th		 2.9x
Price / tangible book 70.1x 5.7x
94th		 5.6x
Price / free cash flow 103.8x 27.0x
100th		 20.8x
Price / operating cash flow 87.9x 23.7x
94th		 14.5x
Enterprise value $65.3B $1.7B
93rd		 $4.8B
EV / sales 21.0x 3.5x
96th		 2.4x
EV / EBITDA 186.6x 21.3x
100th		 13.6x
EV / EBIT 220.0x 26.5x
100th		 19.9x
EV / free cash flow 103.9x 32.2x
100th		 24.3x
Earnings yield 0.4% 2.0%
44th		 3.3%
FCF yield 1.0% 1.8%
41st		 3.8%
Operating cash flow yield 1.1% 2.9%
41st		 6.2%
Graham number (per share) $9.22 $39.62
7th		 $38.21

Profitability (TTM)

MeasureBEIndustry medianIndustry percentileSector median
Gross margin 31.2% 28.6%
63rd		 30.5%
EBITDA margin 11.2% 10.0%
56th		 14.3%
Operating margin 11.2% 7.4%
64th		 9.8%
EBIT margin 9.5% 7.2%
64th		 9.9%
Net margin 7.9% 4.1%
62nd		 6.0%
NOPAT margin 11.1% 6.7%
60th		 7.8%
FCF margin 20.2% 5.5%
88th		 7.0%
Operating cash flow margin 23.8% 7.0%
92nd		 11.2%
R&D / revenue 7.1% 2.8%
69th		 0.0%
SG&A / revenue 12.9% 19.3%
17th		 14.1%
Stock comp / revenue 2.7% 1.3%
58th		 0.6%
Effective tax rate 1.3% 21.0%
0th		 21.0%

Returns on capital

MeasureBEIndustry medianIndustry percentileSector median
ROE (on average equity) 22.2% 9.7%
80th		 11.9%
ROA 6.0% 3.6%
63rd		 4.8%
ROIC 20.2% 9.3%
81st		 8.7%
ROCE 6.6% 6.7%
48th		 9.4%
Return on tangible assets 7.3% 6.0%
56th		 7.9%
Cash ROIC (OCF / invested capital) 43.4% 8.2%
92nd		 12.8%
Gross profitability (GP / assets) 17.3% 17.0%
52nd		 19.2%
ROIC, 3-yr average —
ROIC, 5-yr average —
ROE, 5-yr average —
Incremental ROIC 14.0% 9.3%
59th		 20.5%

Growth

MeasureBEIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 91.0% 15.5%
81st		 8.6%
Revenue growth (QoQ) 41.8% 12.9%
96th		 9.9%
Revenue CAGR, 3 yr 32.7% 8.9%
80th		 5.0%
Revenue CAGR, 5 yr 29.0% 9.8%
90th		 8.3%
Gross profit CAGR, 3 yr 61.1% 9.0%
94th		 6.5%
Operating income CAGR, 3 yr —
Net income growth (TTM YoY) 935.6% 16.7%
100th		 11.3%
Net income CAGR, 3 yr —
EPS growth (TTM YoY) 644.8% 15.4%
93rd		 13.3%
EPS CAGR, 3 yr —
EPS CAGR, 5 yr —
FCF growth (TTM YoY) 1,325.6% 14.8%
100th		 14.7%
FCF CAGR, 3 yr —
Operating cash flow CAGR, 3 yr —
Book value CAGR, 3 yr 50.1% 8.5%
88th		 7.3%
Dividend CAGR, 3 yr -14.3% 2.7%
7th		 2.7%
Sustainable growth rate 22.1% 12.1%
80th		 11.0%

Margin history & stability

MeasureBEIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 27.2% 28.1%
44th		 30.6%
Operating margin, 3-yr average 2.9% 6.9%
40th		 10.0%
Net margin, 3-yr average -4.0% 4.3%
36th		 6.2%
FCF margin, 3-yr average -2.5% 7.1%
36th		 7.1%
Revenue stability (0-1) 0.71 0.71
48th		 0.81
Earnings stability (0-1) 0.47 0.70
26th		 0.47
Margin stability (0-1) 0.70 0.82
36th		 0.90

Liquidity (latest quarter)

MeasureBEIndustry medianIndustry percentileSector median
Cash & short-term investments $2.7B $371.9M
96th		 $249.6M
Net cash (− = net debt) −$94.8M −$153.5M
56th		 −$666.5M
Working capital $3.5B $592.2M
100th		 $376.4M
Current ratio 4.09 2.58
78th		 1.79
Quick ratio 3.41 1.83
81st		 1.33
Cash ratio (cash + ST investments / current liabilities) 2.42 0.62
78th		 0.32
Defensive interval (days) 2,115 days 753 days
81st		 614 days

Leverage & solvency (latest quarter)

MeasureBEIndustry medianIndustry percentileSector median
Total debt $2.8B $589.2M
85th		 $919.8M
Debt / equity 1.74 0.47
84th		 0.65
Net debt / equity 0.06 0.11
48th		 0.46
Debt / assets 50.0% 24.6%
81st		 29.3%
Debt / capital 63.6% 31.8%
84th		 39.5%
Debt / EBITDA 8.04 1.54
93rd		 2.44
Net debt / EBITDA 0.27 0.52
40th		 1.86
Interest coverage (EBIT / interest) 7.0x 4.3x
59th		 5.0x
Cash interest coverage 17.4x 4.2x
82nd		 6.1x
Debt payback (years of OCF) 3.8 yrs 2.0 yrs
59th		 3.2 yrs
Liabilities / assets 70.8% 49.4%
74th		 56.7%
IS credit model rating A — —
Implied credit spread (bps) 150 150
33rd		 200

Efficiency

MeasureBEIndustry medianIndustry percentileSector median
Asset turnover 0.76 0.66
63rd		 0.75
Fixed asset turnover 5.66 5.53
52nd		 5.14
Inventory turnover 3.0 3.6
32nd		 5.0
Receivables turnover 6.7 6.3
59th		 6.7
Days sales outstanding 54 days 58 days
41st		 54 days
Days inventory outstanding 123 days 100 days
71st		 72 days
Days payables outstanding 39 days 53 days
26th		 41 days
Cash conversion cycle (days) 139 days 98 days
85th		 63 days
Capex / revenue 3.6% 3.7%
48th		 3.0%
Capex / depreciation 2.13 1.09
85th		 0.76
Operating expense ratio 16.3% 23.6%
24th		 17.7%

Cash flow & earnings quality

MeasureBEIndustry medianIndustry percentileSector median
Operating cash flow / net income 3.03 1.51
100th		 1.50
FCF / net income 2.56 1.27
93rd		 1.15
FCF / operating cash flow 84.8% 84.8%
50th		 74.0%
Capex / operating cash flow 15.2% 15.2%
50th		 26.1%
Accruals ratio -12.2% -4.2%
19th		 -4.0%
Sloan accruals ratio 45.8% 2.5%
93rd		 -2.4%
Earnings quality score (0-1) 0.75 1.00
7th		 1.00

Dividends & buybacks

MeasureBEIndustry medianIndustry percentileSector median
Dividend yield 0.0% 0.0%
0th		 0.6%
Dividend per share (TTM) $0.00 $0.00
0th		 $0.44
Payout ratio (dividends / net income) 0.4% 8.6%
20th		 22.5%
Dividends / FCF 0.1% 7.9%
19th		 19.6%
Dividend growth (YoY) -29.8% 3.2%
14th		 5.6%
Buyback yield 0.0% 0.0%
15th		 0.5%
Shareholder yield (dividends + buybacks) 0.0% 0.2%
37th		 2.0%
Share count change (YoY) 39.0% 3.8%
81st		 0.0%
Buybacks, last 5 years $0 $63,000
0th		 $76.0M

Scores & forensic checks

MeasureBEIndustry medianIndustry percentileSector median
IS score 73 58
93rd		 53
IS profitability 59 29
78th		 37
IS growth 78 61
73rd		 54
IS value 44 42
59th		 47
IS momentum 100 80
92nd		 76
IS risk (safety) 100 95
52nd		 80
IS quality 68 59
56th		 67
IS balance sheet 70 64
59th		 56
IS earnings quality 51 59
41st		 70
IS cash flow 76 44
81st		 54
Piotroski F-score (0-9) 6 6
48th		 6
Altman Z-score 15.3 4.2
89th		 3.3
Beneish M-score −0.79 −2.28
75th		 −2.52
Ohlson O-score −7.92 −7.76
41st		 −7.49
IS credit score 71 71
41st		 65

Per share

MeasureBEIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $0.76 $0.80
48th		 $2.21
Book value per share $4.99 $12.13
33rd		 $18.38
Tangible book per share $4.96 $1.80
59th		 $4.39
Revenue per share $9.63 $15.11
48th		 $36.64
FCF per share $1.94 $1.43
59th		 $2.70
Operating cash flow per share $2.29 $1.83
56th		 $4.28
Cash per share $8.40 $2.50
74th		 $3.02

Size (TTM)

MeasureBEIndustry medianIndustry percentileSector median
Market cap $65.2B $1.6B
93rd		 $3.9B
Revenue $3.1B $810.4M
74th		 $2.7B
EBITDA $349.8M $71.4M
70th		 $394.8M
Net income $244.9M $28.6M
74th		 $136.3M
Free cash flow $628.2M $37.9M
78th		 $162.9M
Total assets $5.6B $1.5B
81st		 $3.5B
Shareholders' equity $1.6B $600.6M
70th		 $1.4B
Employees 2,214 2,411
44th		 6,050

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Joshi Aman
Chief Commercial Officer
 Open-market sale 8,437$277.17$2.3M147,092
2026-09-30Immelt Jeffrey R
Director
 Award / grant 81$276.98$22,435201,324
2026-09-30Warner Cynthia J
Director
 Award / grant 83$276.98$22,98934,978
2026-09-16Chitoori Satish
Chief Operations Officer
 Open-market sale 2,870$270.06$775,072202,494
2026-09-16Kurzymski Maciej
Chief Accounting Officer
 Open-market sale 2,295$268.42$616,02477,391
2026-09-16Soderberg Shawn Marie
See Remarks
 Open-market sale 2,870$270.07$775,101126,500
2026-09-16Joshi Aman
Chief Commercial Officer
 Open-market sale 3,601$269.94$972,054155,529
2026-08-31Sridhar Kr
Director, Chairman & CEO
 Gift 300,000——2,281,820
2026-08-27Edwards Simon Stephen
Chief Financial Officer
 Award / grant 15,000——25,000
2026-08-17Immelt Jeffrey R
Director
 Open-market sale 30,000$238.91$7.2M201,243
2026-08-14Joshi Aman
Chief Commercial Officer
 Open-market sale 4,677$241.75$1.1M159,130
2026-08-14Chitoori Satish
Chief Operations Officer
 Open-market sale 2,053$241.64$496,087205,364

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired1535,246$94,159
GiftDisposed2303,500—
Open-market saleDisposed24243,315$65.8M
Option exerciseAcquired180,000—
Option exerciseDisposed180,000—
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 55 notices · 853,817 shares · $161.0M
FiledFilerShares proposedEst. proceeds
2026-10-01Aman Joshi8,437$2.3M
2026-09-16Shawn Soderberg2,870$744,334
2026-09-16Aman Joshi3,601$933,919
2026-09-16Maciej Kurzymski2,295$616,031
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 18 trades (16 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-25Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-07-28Nancy PelosiHousePurchase$500,001 - $1,000,0002026-08-24
2026-07-28Nancy PelosiHousePurchase$500,001 - $1,000,0002026-08-24
2026-07-28Nancy PelosiHousePurchase$500,001 - $1,000,0002026-08-24
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.18,442,336$5.6B6.26%
AMERIPRISE FINANCIAL INC18,134,575$5.5B6.16%
GOLDMAN SACHS GROUP INC13,950,652$4.2B4.74%
VANGUARD PORTFOLIO MANAGEMENT LLC12,549,603$3.8B4.26%
VANGUARD CAPITAL MANAGEMENT LLC12,082,447$3.7B4.10%
JPMORGAN CHASE & CO6,950,546$1.9B2.36%
MORGAN STANLEY6,855,992$2.1B2.33%
STATE STREET CORP6,315,431$1.9B2.14%
Situational Awareness LP6,272,808$1.9B2.13%
Value Aligned Research Advisors, LLC5,585,179$1.7B1.90%
Graticule Asia Macro Advisors LLC4,207,505$1.3B1.43%
D. E. Shaw & Co., Inc.4,158,295$1.3B1.41%
GEODE CAPITAL MANAGEMENT, LLC3,793,446$1.2B1.29%
NORGES BANK3,297,042$998.0M1.12%
SANDS CAPITAL MANAGEMENT, LLC2,926,558$885.9M0.99%

Institutional ownership by quarter

2023-092026-0681.1%
% of shares held by 13F filers
2023-092026-061,292
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-301,29281.1%39541639080
2026-03-3198683.9%28934727088
2025-12-3179981.1%29024321381
2025-09-3060476.2%26114514742
2025-06-3038873.0%8113112361
2025-03-3137171.8%6913611665
2024-12-3137166.1%1159710455
2024-09-3031562.6%541039548
2024-06-3031366.2%68978843
2024-03-3129159.7%44969150
2023-12-3129960.5%449510054
2023-09-3031157.0%431167437

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-08-14SCHEDULE 13G/AColumbia Management Investment Advisers, LLC6.0%17,202,053
2026-08-04SCHEDULE 13GJane Street Singapore Pte. Ltd0.0%88
2026-07-27SCHEDULE 13G/ABlackRock, Inc.6.0%17,011,609
2026-05-15SCHEDULE 13G/AColumbia Management Investment Advisers, LLC7.8%21,935,846
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
CCIZX9.48%$2.8B
SLMCX9.48%$2.8B
SCIRX9.48%$2.8B
SCMIX9.48%$2.8B
VITSX0.11%$2.5B
VTSAX0.11%$2.5B

Share structure

Shares outstanding294,527,000
Float276,906,039
Free float94.0%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$972.2M$1.2B$1.3B$1.5B$2.0B
Cost of revenue$777.2M$1.1B$1.1B$1.1B$1.4B
Gross profit$195.0M$148.3M$197.8M$404.6M$587.4M
R&D$103.4M$150.6M$155.9M$148.6M$186.0M
SG&A$208.7M$258.7M$250.8M$233.1M$328.6M
Operating income−$117.1M−$261.0M−$208.9M$22.9M$72.8M
EBITDA−$60.1M−$198.9M−$135.1M$89.3M$20.1M
Pretax income−$192.3M−$314.0M−$306.0M−$26.4M−$84.4M
Income tax$1.0M$1.1M$1.9M$846,000$2.7M
Net income−$164.4M−$301.4M−$302.1M−$29.2M−$88.4M
EPS, diluted$-1.11$-1.69$-1.42$-0.13$-0.37
Diluted shares173.4M185.9M212.7M227.4M240.4M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$396.0M$348.5M$664.6M$802.9M$2.5B
Receivables$118.8M$297.7M$382.1M$481.0M$550.7M
Inventory$143.4M$268.4M$502.5M$544.7M$643.3M
Total current assets$806.4M$1.1B$1.7B$2.0B$3.7B
PP&E, net$710.8M$727.4M$633.1M$526.0M$507.0M
Goodwill & intangibles$2.0M$0$0$0$0
Total assets$1.7B$1.9B$2.4B$2.7B$4.4B
Accounts payable$73.0M$161.8M$132.1M$92.7M$203.1M
Total current liabilities$342.5M$541.9M$470.4M$636.8M$623.8M
Long-term debt$500.9M$385.6M$846.6M$1.0B$2.6B
Total liabilities$1.7B$1.6B$1.9B$2.1B$3.6B
Shareholders' equity−$1.5M$378.8M$520.7M$585.2M$793.0M

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income−$193.4M−$315.1M−$307.9M−$27.2M−$88.4M
Depreciation & amortization$53.5M$61.6M$62.6M$53.0M$58.8M
Stock-based compensation$73.3M$112.3M$84.5M$82.4M$0
Change in working capital−$18.9M−$186.8M−$440.4M−$73.4M−$217.3M
Operating cash flow−$60.7M−$191.7M−$372.5M$92.0M$113.9M
Capital expenditure−$49.8M−$116.8M−$83.7M−$58.9M−$56.8M
Free cash flow−$110.5M−$308.5M−$456.3M$33.1M$57.2M
Investing cash flow−$46.7M−$116.8M−$83.7M−$58.8M−$93.1M
Net debt issued / repaid$15.8M−$159.4M$432.3M$173.1M$1.5B
Buybacks$0$0$0$0$0
Dividends paid$0$0$0−$1.5M−$947,000

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin20.1%12.3%14.8%30.3%30.9%
Operating margin-12.0%-21.8%-15.7%4.4%5.5%
Net margin-16.9%-25.1%-22.7%-2.0%-4.4%
FCF margin-11.4%-25.7%-34.2%2.2%3.0%
ROE-953.4%-203.3%-71.7%-5.5%-13.3%
ROIC-13.5%-20.4%-12.8%4.0%6.7%
ROA-10.3%-16.4%-13.9%-1.2%-2.5%
Debt / equity-25.352.992.902.723.89
Interest coveragen/mn/mn/m0.6xn/m
Current ratio2.351.953.603.215.98
Revenue growth+22.4%+23.3%+11.2%+10.5%+37.3%
EPS growth+0.6%−58.8%+26.5%+91.0%−237.9%
P/E at year endn/mn/mn/mn/mn/m
EV / EBITDA at year endn/mn/mn/m81.3x1,169.2x
FCF yield at year end-2.89%-8.02%-11.24%0.51%0.26%
Dividend payout—————

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Product——$975.2M$1.1B$1.5B
Service——$220.9M$215.0M$228.3M
Installation——$105.7M$129.4M$205.9M
Electricity——$178.9M$52.8M$60.4M
Financing Obligations$10.0M$3.3M———

Street estimates by fiscal year

Next report 2026-10-22 · consensus EPS $0.69 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$4.1B$4.0B – $4.3B$2.71$2.62 – $2.851581.6x
2027$6.9B$5.2B – $7.7B$5.03$4.28 – $5.741644.0x
2028$10.3B$6.9B – $15.7B$8.23$4.19 – $11.731426.9x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-04-28$0.12$0.44+255.1%$539.9M$751.1M+39.1%
2026-02-05$0.31$0.45+46.7%$648.5M$777.7M+19.9%
2025-10-28$0.10$0.15+49.0%$427.1M$519.0M+21.5%
2025-07-31$0.01$0.10+726.4%$376.0M$401.2M+6.7%
2025-04-30$-0.07$0.03+142.9%$384.6M$326.0M−15.2%
2025-02-27$0.32$0.43+34.4%$507.5M$572.4M+12.8%
2024-11-07$0.08$-0.01−112.1%$384.3M$330.4M−14.0%
2024-08-08$-0.06$-0.060.0%$307.5M$335.8M+9.2%
2024-05-09$-0.10$-0.17−70.0%$250.2M$235.3M−6.0%
2024-02-15$0.08$0.07−12.5%$476.3M$356.9M−25.1%
2023-11-08$0.03$0.15+451.5%$369.6M$400.3M+8.3%
2023-08-03$-0.14$-0.17−21.4%$313.8M$301.1M−4.0%
2023-05-09$-0.20$-0.22−10.0%$260.4M$275.2M+5.7%
2023-02-09$0.14$0.27+92.9%$398.7M$462.6M+16.0%
2022-11-03$-0.06$-0.20−233.3%$276.2M$292.3M+5.8%
2022-08-09$-0.20$-0.200.0%$226.0M$243.2M+7.6%
2022-05-05$-0.11$-0.32−190.9%$218.4M$201.0M−7.9%
2022-02-10$-0.05$-0.050.0%$308.9M$342.5M+10.9%
2021-11-04$-0.10$-0.20−100.0%$241.5M$207.2M−14.2%
2021-08-04$-0.05$-0.23−360.0%$159.0M$228.5M+43.7%
2021-05-05$-0.08$-0.07+12.5%$194.0M$194.0M0.0%
2021-02-10$-0.00$-0.08−4,900.0%—$249.4M—
2020-10-29$-0.14$-0.04+71.4%$433.0M$200.3M−53.7%
2020-07-28$-0.23$-0.230.0%$171.5M$187.9M+9.5%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
4.006-293.907-063.107-132.807-205.907-274.008-032.708-102.308-172.708-242.608-31
Week ofNotionalSharesTrades
2026-08-31$2.6B11,841,974228,994
2026-08-24$2.7B12,885,154251,027
2026-08-17$2.3B11,096,302228,681
2026-08-10$2.7B11,551,598222,498
2026-08-03$4.0B17,417,817272,286
2026-07-27$5.9B31,559,273480,108

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1554.4%
DateShort shareShort volumeTotal volume
2026-10-1554.4%4,460,0298,201,812
2026-10-1449.5%3,884,6767,843,620
2026-10-1351.2%3,097,0676,054,675
2026-10-1251.3%3,468,0816,764,200
2026-10-0959.9%2,304,4023,845,997
2026-10-0862.5%4,754,5267,609,851
2026-10-0761.2%2,480,2674,050,167
2026-10-0663.5%3,521,5395,544,580
2026-10-0568.1%2,205,4193,238,820
2026-10-0249.5%2,984,7286,031,989
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+6.3Jan+3.6Feb-9.2Mar+2.2Apr+1.8May+11.0Jun+11.4Jul+4.4Aug+2.0Sep+3.6Oct+44.0Nov-7.9Dec
MonthAvg returnUp yearsYears
Jan+6.3%50%8
Feb+3.6%50%8
Mar−9.2%25%8
Apr+2.2%29%7
May+1.8%43%7
Jun+11.0%71%7
Jul+11.4%62%8
Aug+4.4%62%8
Sep+2.0%38%8
Oct+3.6%25%8
Nov+44.0%62%8
Dec−7.9%25%8
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1436.5
MFI31.8
ADX19.0
Stochastic %K / %D12.3 / 16.6
Williams %R-92.8
CCI-215
TSI / signal-3.6 / 9.0
Chaikin money flow0.00
ATR$19.82
Bollinger width28.4%
Volume vs 20-day avg0.86x
SupertrendDown

Moving averages and bands

level (price vs level)
SMA 20$271.38 (−18.5%)
SMA 50$248.63 (−11.0%)
SMA 200$216.30 (+2.3%)
EMA 21$261.85 (−15.5%)
EMA 50$255.52 (−13.4%)
EMA 200$213.21 (+3.8%)
Bollinger upper$309.93 (−28.6%)
Bollinger lower$232.82 (−4.9%)
Parabolic SAR$283.64 (−22.0%)
Open the live chart, 110+ indicators

About Bloom Energy Corporation

Bloom Energy Corporation engineers, produces, markets, and installs cutting-edge solid-oxide fuel cell systems designed for on-site electricity generation, serving clients both within the United States and internationally. Their core offering, the Bloom Energy Server, is an advanced power platform capable of converting various fuels, including natural gas, biogas, hydrogen, or a blend of these, directly into electricity using an electrochemical process that eliminates the need for combustion. The company provides its solutions to a wide array of critical infrastructure applications, such as data centers, hospitals, healthcare manufacturing and biotechnology facilities, grocery and hardware stores, banks, and telecommunication centers. Originally founded as Ion America Corp., the company adopted the name Bloom Energy Corporation in September 2006. Established in 2001, Bloom Energy Corporation's headquarters are situated in San Jose, California.

https://www.bloomenergy.com

Key executives

NameTitlePayBorn
K. R. SridharCo-Founder, Chief Executive Officer & Chairman$3.5M1961
Aman JoshiExecutive Vice President & Chief Commercial Officer$2.1M1977
Shawn Marie SoderbergExecutive VP, Chief Legal Officer & Corporate Secretary$1.4M1961
Satish ChitooriChief Operations Officer$1.4M1972
Simon EdwardsChief Financial Officer$1.1M—
Maciej KurzymskiVP, Acting Principal Financial Officer & Chief Accounting Officer$756,4901972
Michael TierneyVice President of Investor Relations——
Ravi PrasherSenior Vice President & Chief Technology Officer—1974

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Aman Joshi Chief Commercial Officer2025$617,462$3.8M$1.3M$5.9M
Shawn M. Soderberg Chief Legal Officer and Corporate Secretary2025$585,385$3.0M$840,000$4.4M
Satish Chitoori Chief Operations Officer2025$563,462$3.0M$840,000$4.4M
KR Sridhar Founder, Chairman and Chief Executive Officer2025$935,385$0$2.5M$3.5M
Maciej Kurzymski Chief Accounting Officer and Acting Principal Financial Officer2025$416,985$569,240$339,200$1.7M
Daniel Berenbaum former Chief Financial Officer2025$218,942$0$0$803,025

Employees

2k20182k20192k20202k20213k20222k20232k20242k2025

Dividends

Ex-dateAmountPaid
None on file.

Moat model

Narrow · Efficient Scale · 2026-06-30
Cost advantage65
Intangibles63
Switching costs40
Network effect70
Efficient scale75
Our component scores (0-100) and overall 60.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms