Bloom Energy revenue
Bloom Energy's revenue was $2.02bn in fiscal 2025, up 37.3% on the year before. Since fiscal 2016 ($209m) it has grown at a compound 28.7% a year. Over the last twelve months it was $3.83bn.
Revenue history
| Fiscal year | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 209 | 366 | 633 | 785 | 794 | 972 | 1,199 | 1,333 | 1,474 | 2,024 | 3,830 |
| Growth on the year before | — | +75.3% | +73.0% | +24.1% | +1.2% | +22.4% | +23.3% | +11.2% | +10.5% | +37.3% | — |
| Gross profit | −103 | −16 | 106 | 98 | 166 | 198 | 148 | 198 | 405 | 587 | 1,238 |
| Gross margin | −49.6% | −4.5% | 16.7% | 12.4% | 20.9% | 20.3% | 12.4% | 14.8% | 27.5% | 29.0% | 32.3% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Products | $1.5B | 75.7% | ▲ 41.1% |
| Services | $228M | 11.3% | ▲ 6.9% |
| Installation | $204M | 10.1% | ▲ 66.8% |
| Electricity | $60.4M | 3.0% | ▲ 14.2% |
From Bloom Energy's 10-K filed February 9, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Bloom Energy | $3.83bn | 110.6% | 38.6% |
| Sensata Technologies Holding plc | $3.85bn | 4.1% | -1.9% |
| Enersys | $3.79bn | 3.7% | 0.7% |
| Sunrun Inc. | $3.48bn | 63.2% | 12.8% |
| Acuity Inc. (de) | $4.64bn | 6.8% | 5.5% |
| nVent Electric plc | $5.29bn | 48.0% | 30.4% |
Compare with peers
More: Electrical Components & Equipment stocks compared, Industrials sector, rankings of US companies