How does Bloom Energy (BE) make money?

Bloom Energy (BE) generates revenue primarily from Product, which accounted for 80.2% of total revenue in TTM through Q1 2026. The company reported $2.45B in revenue and converted 0.2% of it into net profit, equivalent to roughly $6.03M in net income — what's left after the cost of revenue, operating expenses, interest, and income taxes.

What is the gross profit margin of Bloom Energy (BE)?

Bloom Energy (BE) reported a gross profit margin of 31.1% in TTM through Q1 2026, equivalent to $761.91M in gross profit on $2.45B in revenue. Gross margin measures how much of each dollar of revenue remains after the direct cost of producing or delivering the product — a higher figure typically signals pricing power, scale, or a less capital-intensive business model.

What is the operating profit margin of Bloom Energy (BE)?

Bloom Energy (BE) reported an operating profit margin of 8.2% in TTM through Q1 2026, equivalent to $201.73M in operating income. Operating margin captures profitability after research & development, sales & marketing, and general & administrative expenses — but before interest, taxes, and one-off items — and is the cleanest single read on the underlying business's efficiency.

What is the net profit margin of Bloom Energy (BE)?

Bloom Energy (BE) reported a net profit margin of 0.2% in TTM through Q1 2026, equivalent to $6.03M in net income. Net margin is the bottom-line share of revenue that survives every expense — operating costs, interest, and income taxes — and is the figure that flows directly into earnings per share.

Is Bloom Energy (BE) profitable?

Yes. Bloom Energy (BE) reported $6.03M in net income for TTM through Q1 2026, with a net profit margin of 0.2%. The company earned more from its operations than it paid out in costs, interest, and income taxes, leaving positive earnings on the bottom line.

How much does Bloom Energy (BE) invest in research and development?

Bloom Energy (BE) invested $202.23M in research and development during TTM through Q1 2026, roughly 8.3% of total revenue. R&D spending funds the company's future product pipeline and is expensed in full on the income statement rather than capitalised, which makes the operating margin sensitive to how aggressively management chooses to reinvest in innovation.

How much does Bloom Energy (BE) spend on capital expenditures?

Bloom Energy (BE) spent $68.59M on capital expenditures (CapEx) during TTM through Q1 2026, roughly 2.8% of total revenue. CapEx represents long-lived investment in property, equipment, data centres, and other physical infrastructure, and is subtracted from operating cash flow to arrive at free cash flow.

How much free cash flow does Bloom Energy (BE) generate?

Bloom Energy (BE) generated $233.00M in free cash flow during TTM through Q1 2026, a free-cash-flow margin of 9.5%. Free cash flow is the cash left after capital expenditures and represents the discretionary pool the company can use to pay dividends, repurchase shares, repay debt, or fund acquisitions without raising external capital.

What is the effective tax rate of Bloom Energy (BE)?

Bloom Energy (BE) had an effective tax rate of 21.6% in TTM through Q1 2026. The effective rate is the actual share of pre-tax income paid as income taxes and can differ materially from the statutory rate due to foreign earnings mix, tax credits (such as R&D), share-based compensation deductions, and one-off discrete items.

What are the main business segments of Bloom Energy (BE)?

Bloom Energy (BE) reports revenue across 4 reportable product segments, led by Product at 80.2% of total revenue in TTM through Q1 2026. See the revenue-by-segment table on this page for the full breakdown and how each segment feeds into the income-statement waterfall above.

How Bloom Energy Makes Money: 2026 Visual Revenue Map

Bloom Energy (BE) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 29, 2026).

Bloom Energy discloses geographic revenue only in annual filings. to view the full breakdown.

Bloom Energy (BE) Revenue by Product Segment — TTM through Q1 2026

Aggregated from the four quarterly disclosures behind this TTM. Minor differences vs the company's annual filing can occur if reported segments changed mid-year.

Revenue contribution by product segment for Bloom Energy (BE) in TTM through Q1 2026.
Segment	Revenue (USD)	% of total
Product	$1.96B	80.2%
Service	$235.57M	9.6%
Installation	$206.45M	8.4%
Electricity	$43.10M	1.8%
Total	$2.45B	100%

Product$1.96B
Service$235.57M
Installation$206.45M
Electricity$43.10M
Total$2.45B

Revenue Breakdown — TTM through Q1 2026

In TTM through Q1 2026, Bloom Energy (BE) reports revenue across 4 operating segments; the largest segment was Product at 80.2%, followed by Service (9.6%) and Installation (8.4%).

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