Saturday 17 October 2026
Export BE’s income statement to Excel — free account
Bloom Energy Corporation
BE Industrials Electrical Equipment & Parts
Bloom Energy Corporation’s revenue for fiscal 2025 (year ended December 2025) was $2.0 billion, up 37.3% from fiscal 2024. In the quarter to June 2026, revenue grew 165.5%, EPS grew 477.8%, free cash flow grew 179.4% and total debt rose 93.9%, each against the same quarter a year earlier. Member of the S&P 500; revenue growth for five consecutive years.
221.31
14.99
−6.34%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '18 | Dec '17 | Dec '16 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
4 | 5 | 3 | 3 | 4 | 5 | 4 | 5 | — | — |
P/E ratio |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Altman Z-Score |
3.57 | 0.63 | (0.37) | (0.71) | (0.66) | (0.66) | (2.85) | (1.82) | — | — |
P/S ratio |
10.32 | 3.43 | 2.35 | 2.98 | 3.91 | 5.01 | 1.10 | 0.84 | 0.01 | 0.00 |
Altman Z″-Score (non-manufacturers) |
2.02 | (0.95) | (2.19) | (4.88) | (4.85) | (6.40) | (9.07) | (4.57) | (6.58) | (6.42) |
P/FCF ratio |
377.40 | 161.62 | 0.00 | 0.00 | 0.00 | 0.00 | 7.77 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
(2.70) | (2.98) | (2.29) | (1.21) | (2.79) | (1.58) | (4.07) | (2.80) | — | — |
P/Operating CF |
49.96 | 10.43 | 25.77 | (153.31) | 80.45 | (211.40) | 38.59 | (6.79) | (2.03) | 0.00 |
Dividend Safety Score |
31 | — | — | — | — | — | — | — | — | — |
P/B ratio |
26.34 | 8.63 | 6.03 | 9.42 | 0.00 | 28.12 | 0.00 | 13.37 | 0.00 | 0.00 |
Price to Tangible BV |
26.41 | 8.66 | 6.05 | 9.47 | 0.00 | 28.12 | 0.00 | 13.37 | 0.00 | 0.00 |
EV/Sales |
10.50 | 3.74 | 2.80 | 3.35 | 4.43 | 5.70 | 2.18 | 2.06 | 2.11 | 0.00 |
EV/EBITDA |
161.40 | 66.57 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
EV/Operating CF |
186.42 | 59.88 | (10.03) | (20.97) | (70.92) | (45.82) | 10.44 | (14.19) | (11.47) | 0.00 |
EV/FCF |
383.80 | 176.33 | (8.16) | (12.95) | (38.27) | (32.64) | 15.43 | (9.29) | (10.66) | 0.00 |
Quick Ratio |
4.53 | 1.96 | 2.24 | 1.20 | 1.70 | 0.92 | 0.48 | 1.74 | 0.78 | 0.83 |
Current Ratio |
5.98 | 3.21 | 3.60 | 1.95 | 2.35 | 1.42 | 0.82 | 2.58 | 1.55 | 1.50 |
Net Debt/EBITDA |
2.69 | 5.55 | (3.82) | (2.31) | (8.73) | (25.01) | (6.43) | (9.02) | (14.35) | (3.74) |
Debt/Assets |
63.92% | 51.67% | 51.89% | 43.85% | 57.29% | 58.50% | 81.88% | 74.05% | 77.10% | 65.97% |
Debt/Equity |
3.54 | 2.35 | 2.41 | 2.25 | (647.43) | 6.02 | (6.45) | 28.34 | (1.88) | (3.07) |
Asset Turnover |
0.57 | 0.58 | 0.61 | 0.65 | 0.61 | 0.57 | 0.55 | 0.46 | 0.30 | 0.17 |
Operating CF/Net income |
(1.29) | (3.15) | 1.23 | 0.64 | 0.37 | 0.63 | (0.53) | 0.34 | 0.33 | 1.01 |
Capex/Depreciation |
(0.96) | (0.98) | (1.24) | (1.81) | (0.87) | (0.65) | (0.51) | (0.61) | (0.60) | (0.12) |
Interest Coverage |
1.35 | 0.37 | (1.93) | (4.88) | (1.66) | (1.03) | (2.47) | (1.56) | (1.25) | (2.97) |
| (12.83%) | (5.29%) | (67.18%) | (159.78%) | (235.14%) | 1,190.70% | 479.11% | 28.39% | 14.97% | 14.32% | |
| (2.51%) | (1.15%) | (13.86%) | (16.42%) | (10.34%) | (11.35%) | (21.58%) | (19.95%) | (22.79%) | (23.06%) | |
ROIC |
3.97% | 1.37% | (12.30%) | (19.60%) | (14.36%) | (7.29%) | (21.35%) | (12.69%) | (36.48%) | (41.99%) |
Return on Tangible Assets |
(2.52%) | (1.61%) | (17.60%) | (27.05%) | (15.40%) | (20.13%) | (60.67%) | (24.35%) | (42.75%) | (41.78%) |
Average Days of Receivables |
67.05 | 83.17 | 93.27 | 76.40 | 35.13 | 46.70 | 19.96 | 54.45 | 35.47 | 70.02 |
Research and Development Expense of Revenue |
9.19% | 10.08% | 11.69% | 12.56% | 10.64% | 10.52% | 13.27% | 14.09% | 13.99% | 22.46% |
Selling, General and Administrative Expense of Revenue |
16.24% | 15.82% | 18.81% | 21.57% | 21.47% | 20.52% | 28.81% | 28.71% | 23.96% | 43.47% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
6.89% | 5.59% | 6.34% | 9.36% | 7.54% | 9.30% | 25.00% | 26.63% | 7.96% | 13.50% |
Graham Net Nets |
0.01 | (0.01) | (0.06) | (0.14) | (0.24) | (0.17) | (1.18) | (1.54) | (309.79) | 0.00 |
Graham Number |
0.00 | 0.00 | 0.00 | 0.00 | 0.43 | 0.00 | 8.81 | 0.00 | 352.56 | 0.00 |
Earnings Yield |
(0.44%) | (0.54%) | (9.82%) | (8.60%) | (4.33%) | (4.19%) | (31.70%) | (84.05%) | (1,208.74%) | (178.47%) |
Free Cash Flow Yield |
0.26% | 0.62% | (14.60%) | (8.70%) | (2.96%) | (3.49%) | 12.88% | (26.41%) | (1,720.98%) | 0.00% |
Revenue per Share |
8.42 | 6.48 | 6.27 | 6.45 | 5.61 | 5.73 | 6.82 | 11.88 | 35.68 | 20.76 |
Operating CF per Share |
0.47 | 0.40 | (1.75) | (1.03) | (0.35) | (0.71) | 1.42 | (1.73) | (8.97) | (28.15) |
Capex per Share |
(0.24) | (0.26) | (0.39) | (0.63) | (0.29) | (0.27) | (0.44) | (0.91) | (6.00) | (0.89) |
Free Cash Flow per Share |
0.24 | 0.15 | (2.15) | (1.66) | (0.64) | (0.99) | 0.98 | (2.64) | (14.97) | (29.05) |
Cash per Share |
10.22 | 4.02 | 3.35 | 2.15 | 2.82 | 2.16 | 2.03 | 6.64 | 17.08 | 17.56 |
Shareholders Equity per Share |
3.30 | 2.57 | 2.45 | 2.04 | (0.01) | 1.02 | (1.46) | 0.75 | (48.85) | (25.79) |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
3.30 | 2.57 | 2.45 | 2.04 | (0.01) | 1.02 | (1.46) | 0.75 | (48.85) | (25.79) |
Free Cash Flow |
57.32 | 33.22 | (456.26) | (308.55) | (110.49) | (136.71) | 112.72 | (140.41) | (153.42) | (291.80) |
Working Capital |
3,106.74 | 1,407.37 | 1,222.75 | 514.02 | 463.94 | 182.23 | (101.26) | 406.63 | 148.70 | 130.99 |
Capital Expenditures |
(56.63) | (58.78) | (83.72) | (116.82) | (49.81) | (37.91) | (51.05) | (48.46) | (61.45) | (8.98) |
Net Current Asset Value |
126.82 | (28.01) | (199.84) | (511.85) | (920.68) | (694.39) | (1,017.74) | (818.10) | (1,301.64) | (1,071.07) |
EV/EBIT |
291.79 | 240.48 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Capex to Sales |
0.03 | 0.04 | 0.06 | 0.10 | 0.05 | 0.05 | 0.07 | 0.08 | 0.17 | 0.04 |
Price to Operating Income |
286.92 | 220.43 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.15 | 0.15 | 0.14 | 0.11 | 0.09 | 0.10 | 0.17 | 0.11 | 0.20 | 0.14 |
Cash ROIC |
0.95% | 1.16% | (18.36%) | (18.90%) | (7.49%) | (10.58%) | 9.81% | (9.23%) | (24.92%) | (41.01%) |
Accounts Receivable Turnover |
5.72 | 4.36 | 4.51 | 6.96 | 9.96 | 10.99 | 11.44 | 9.74 | 9.68 | 5.42 |
Accounts Payable Turnover |
9.71 | 9.51 | 7.73 | 8.95 | 11.80 | 11.03 | 11.23 | 9.13 | 8.48 | 6.90 |
Inventory Turnover |
2.42 | 2.04 | 2.95 | 5.10 | 5.43 | 4.99 | 5.62 | 4.67 | 4.40 | 3.60 |
Average Days of Payables |
51.61 | 31.65 | 42.45 | 56.19 | 34.38 | 33.88 | 29.50 | 46.34 | 46.43 | 48.55 |
Days of Inventory on Hand |
163.45 | 185.93 | 161.51 | 93.22 | 67.56 | 82.51 | 58.18 | 93.70 | 86.26 | 97.27 |
Average Receivables |
353.82 | 338.29 | 295.87 | 172.28 | 97.59 | 72.28 | 68.66 | 64.95 | 37.77 | 38.50 |
Average Payables |
147.92 | 112.39 | 146.92 | 117.37 | 65.65 | 56.96 | 61.23 | 57.74 | 45.04 | 45.25 |
Average Inventory |
593.98 | 523.59 | 385.45 | 205.88 | 142.71 | 125.83 | 122.44 | 112.76 | 86.71 | 86.58 |
Average Assets |
3,527.03 | 2,535.52 | 2,180.15 | 1,836.10 | 1,589.98 | 1,388.49 | 1,422.19 | 1,371.39 | 1,212.52 | 1,212.52 |
Average Common Equity |
689.09 | 552.94 | 449.74 | 188.64 | 69.93 | (13.23) | (64.05) | (963.36) | (1,845.72) | (1,952.48) |
Columns are period end dates