📊 BE Key Takeaways
Is Bloom Energy Corp (BE) a Good Investment?
Bloom Energy demonstrates solid operational efficiency with 29% gross margins and positive free cash flow generation of $57.2M, indicating underlying business viability. However, the company is unprofitable at the net level (-4.3% net margin) with deteriorating earnings (-220.3% YoY), high leverage (3.41x debt/equity), and concerning interest coverage (1.9x), suggesting execution challenges and financial stress despite revenue growth.
Bloom Energy shows mixed fundamentals: revenue growth is minimal, but the business generated positive operating income, operating cash flow, and free cash flow, which suggests improving operating discipline. However, negative net income, weak interest coverage, and high leverage relative to equity keep the balance between progress and financial risk unfavorable for a more bullish rating.
Why Buy Bloom Energy Corp Stock? BE Key Strengths
- Strong gross margin of 29% indicates pricing power and operational efficiency in core manufacturing
- Positive free cash flow generation of $57.2M with 2.8% FCF margin demonstrates cash generation capability
- Excellent liquidity position with 5.98x current ratio and $2.5B cash, providing runway for operations and debt service
- Modest revenue growth of 1.1% YoY shows business stability in competitive sector
- Strong liquidity with $2.45B in cash and very high current and quick ratios
- Positive operating cash flow and free cash flow indicate improving cash generation quality
- Gross margin of 29.0% and positive operating income show the core business can produce operating profit
BE Stock Risks: Bloom Energy Corp Investment Risks
- Significant net loss of -$87.1M with deteriorating profitability (-220.3% YoY) signals inability to convert operational efficiency to bottom-line earnings
- High leverage at 3.41x debt/equity with $2.6B long-term debt combined with weak interest coverage (1.9x) creates refinancing and cash flow vulnerability
- Low operating margin of 3.6% and negative net margin of -4.3% indicate structural profitability challenges beyond temporary headwinds
- Negative ROE (-11.3%) and ROA (-2.0%) show the company is destroying shareholder value and not generating adequate returns on assets
- Net income remains negative and deteriorated sharply year over year, indicating below-the-line pressure
- Debt/Equity of 3.41x and interest coverage of 1.9x point to meaningful leverage risk
- Revenue growth of just 1.1% suggests limited top-line momentum and raises questions about growth quality
Key Metrics to Watch
- Net income trend and path to profitability - critical to validate turnaround narrative
- Operating margin expansion - must show operational leverage as revenue grows
- Debt/equity ratio and interest coverage - monitor deleveraging progress to reduce financial risk
- Free cash flow sustainability - ensure positive FCF persists as capital requirements evolve
- Sustained improvement in net margin and interest coverage
- Revenue growth acceleration alongside free cash flow consistency
Bloom Energy Corp (BE) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The relatively thin 2.8% FCF margin may limit capital allocation flexibility. Strong liquidity with a 5.98x current ratio provides a solid financial cushion.
BE Profit Margin, ROE & Profitability Analysis
BE vs Utilities Sector: How Bloom Energy Corp Compares
How Bloom Energy Corp compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Bloom Energy Corp Stock Overvalued? BE Valuation Analysis 2026
Based on fundamental analysis, Bloom Energy Corp shows some fundamental concerns relative to the Utilities sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Bloom Energy Corp Balance Sheet: BE Debt, Cash & Liquidity
BE Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Bloom Energy Corp's revenue has grown significantly by 121% over the 5-year period, indicating strong business expansion. The most recent EPS of $-1.42 indicates the company is currently unprofitable.
BE Revenue Growth, EPS Growth & YoY Performance
BE Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $321.8M | -$14.6M | $-60.00 |
| Q2 2025 | $326.5M | -$42.2M | $-0.18 |
| Q1 2025 | $226.1M | -$23.4M | $-0.10 |
| Q3 2024 | $321.8M | -$14.6M | $-0.06 |
| Q2 2024 | $285.3M | -$61.2M | $-0.27 |
| Q1 2024 | $226.1M | -$56.5M | $-0.25 |
| Q3 2023 | $276.1M | -$60.4M | $-0.31 |
| Q2 2023 | $227.6M | -$69.1M | $-0.32 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Bloom Energy Corp Dividends, Buybacks & Capital Allocation
BE SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Bloom Energy Corp (CIK: 0001664703)
📋 Recent SEC Filings
❓ Frequently Asked Questions about BE
What is the AI rating for BE?
Bloom Energy Corp (BE) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BE's key strengths?
Claude: Strong gross margin of 29% indicates pricing power and operational efficiency in core manufacturing. Positive free cash flow generation of $57.2M with 2.8% FCF margin demonstrates cash generation capability. ChatGPT: Strong liquidity with $2.45B in cash and very high current and quick ratios. Positive operating cash flow and free cash flow indicate improving cash generation quality.
What are the risks of investing in BE?
Claude: Significant net loss of -$87.1M with deteriorating profitability (-220.3% YoY) signals inability to convert operational efficiency to bottom-line earnings. High leverage at 3.41x debt/equity with $2.6B long-term debt combined with weak interest coverage (1.9x) creates refinancing and cash flow vulnerability. ChatGPT: Net income remains negative and deteriorated sharply year over year, indicating below-the-line pressure. Debt/Equity of 3.41x and interest coverage of 1.9x point to meaningful leverage risk.
What is BE's revenue and growth?
Bloom Energy Corp reported revenue of $2.0B.
Does BE pay dividends?
Bloom Energy Corp pays dividends, with $0.9M distributed to shareholders in the trailing twelve months.
Where can I find BE SEC filings?
Official SEC filings for Bloom Energy Corp (CIK: 0001664703) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is BE's EPS?
Bloom Energy Corp has a diluted EPS of $-0.37.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is BE a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Bloom Energy Corp has a HOLD rating with 68% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is BE stock overvalued or undervalued?
Valuation metrics for BE: ROE of -11.3% (sector avg: 10%), net margin of -4.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy BE stock in 2026?
Our dual AI analysis gives Bloom Energy Corp a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is BE's free cash flow?
Bloom Energy Corp's operating cash flow is $113.9M, with capital expenditures of $56.8M. FCF margin is 2.8%.
How does BE compare to other Utilities stocks?
Vs Utilities sector averages: Net margin -4.3% (avg: 12%), ROE -11.3% (avg: 10%), current ratio 5.98 (avg: 0.8).
Is Bloom Energy Corp carrying too much debt?
BE has a debt-to-equity ratio of 3.41x, which is above the Utilities sector average of 1.4x. However, the current ratio of 5.98 suggests adequate short-term liquidity.