📊 BE Key Takeaways
Is Bloom Energy Corp (BE) a Good Investment?
Bloom Energy demonstrates solid short-term financial resilience with exceptional liquidity ($2.5B cash, 5.03x current ratio) and positive free cash flow of $47.4M, but faces structural headwinds including stagnant revenue growth (1.1% YoY), a highly leveraged balance sheet (2.82x D/E ratio with debt exceeding equity), and deteriorating shareholder value (EPS -184.6% YoY). The company's weak returns on capital (ROE 7.7%, ROA 1.5%) coupled with minimal growth suggest limited upside despite adequate debt service capacity.
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.
Bloom Energy Corp Key Strengths (BE)
- Exceptional liquidity position with $2.5B cash and 5.03x current ratio provides financial flexibility
- Positive and consistent free cash flow generation of $47.4M with 6.3% FCF margin demonstrates operational cash production
- Reasonable profitability margins across gross (30%), operating (9.6%), and net (9.4%) with strong interest coverage of 17.2x
- 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
- Highly overleveraged capital structure with debt-to-equity ratio of 2.82x and long-term debt ($2.6B) exceeding stockholders' equity ($921.5M)
- Stagnant revenue growth at 1.1% YoY indicates minimal business momentum and market expansion challenges
- Severe EPS collapse of -184.6% YoY signals substantial shareholder dilution and deteriorating per-share economics despite positive net income
- Weak capital efficiency reflected in low ROE (7.7%) and ROA (1.5%) suggests poor returns on deployed assets
- Elevated insider trading activity (24 Form 4 filings in 90 days) may indicate insider selling pressure
- 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
- Revenue growth trajectory and customer pipeline expansion; current 1.1% YoY growth must accelerate to justify capital structure
- Debt-to-equity ratio trend and management's deleveraging strategy; needs to move below 2.0x for improved financial health
- Return on equity improvement and EPS stabilization; -184.6% YoY collapse must reverse with normalized share count
- Operating cash flow sustainability and free cash flow margins under different growth scenarios
- 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
Strong liquidity with a 5.03x 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 has mixed fundamental signals 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 |
|---|---|---|---|
| Q1 2026 | $319.3M | -$23.4M | $-0.10 |
| 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 |
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 Grade of B from Claude (B) and ChatGPT (B) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are BE's key strengths?
Claude: Exceptional liquidity position with $2.5B cash and 5.03x current ratio provides financial flexibility. Positive and consistent free cash flow generation of $47.4M with 6.3% FCF margin demonstrates operational cash production. 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: Highly overleveraged capital structure with debt-to-equity ratio of 2.82x and long-term debt ($2.6B) exceeding stockholders' equity ($921.5M). Stagnant revenue growth at 1.1% YoY indicates minimal business momentum and market expansion challenges. 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 $751.1M.
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 $0.23.
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 grade reflects both perspectives for balanced insights.
What is BE's fundamental grade?
Based on our AI fundamental analysis in June 2026, Bloom Energy Corp has a B grade with 73% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is BE stock overvalued or undervalued?
Valuation metrics for BE: ROE of 7.7% (sector avg: 10%), net margin of 9.4% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is BE's AI grade for 2026?
Our dual AI analysis gives Bloom Energy Corp a combined B grade 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 $73.6M, with capital expenditures of $26.2M. FCF margin is 6.3%.
How does BE compare to other Utilities stocks?
Vs Utilities sector averages: Net margin 9.4% (avg: 12%), ROE 7.7% (avg: 10%), current ratio 5.03 (avg: 0.8).
Is Bloom Energy Corp carrying too much debt?
BE has a debt-to-equity ratio of 2.82x, which is above the Utilities sector average of 1.4x. However, the current ratio of 5.03 suggests adequate short-term liquidity.