Income StatementBalance SheetCash FlowSegments
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Bloom Energy Cash Flow Statement

Operating, investing, and financing cash movements

Bloom Energy generated $298.2M in operating cash flow over the trailing twelve months. After $68.7M in capital expenditures, free cash flow was $229.6M. Free cash flow increased 2.0% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$298.2MNet Cash From Investing (TTM)-$124.8MNet Cash From Financing (TTM)$1.5BCapital Expenditures (TTM)$68.7MNet Change In Cash (TTM)$1.7B
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$80.6B
P/E Ratio9439.05
ROE1.14%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain on sale of property, plant, and equipment-$193.0K-$102.0K$22.0K-$1.0K-$355.0K-$115.0K
Write-off of Deferred Debt Issuance Costs$0.0$4.7M$4.7M$4.7M$4.7M—
Change in accounts payable-$35.3M$52.6M$226.0K$23.4M$34.7M$37.0M
Change in accounts receivable-$257.5M-$2.3M$132.2M-$54.2M—-$11.8M
Change in deferred revenue$111.1M-$70.8M-$108.0M-$19.3M—$89.5M
Change in inventories—$65.6M$77.0M$36.6M—$88.6M
Change in other assets-$3.4M-$2.3M$1.4M-$902.0K$12.8M$26.0M
Net cash from operating activities$484.2M-$110.7M-$213.1M$19.7M$418.1M$73.6M
Net income—-$23.4M-$42.2M-$23.0M$0.0$73.7M
Non-cash interest expense$1.9M$1.9M$1.9M$1.8M$2.7M$3.4M
Depreciation$13.9M$12.0M$12.6M$12.8M$13.2M$13.3M
Distributions of earnings from equity method investees—$0.0———$138.0K
Unrealized Gain (Loss), Foreign Currency Transaction, before Tax-$3.7M$2.2M$2.6M-$2.7M$198.0K-$2.8M
Gain (Loss) on Failed Sale and Leaseback Transactions$12.4M-$767.0K$1.6M$0.0$0.0$9.4M
Equity in earnings (losses) of equity method investees—$0.0—-$19.6M—-$17.0M
Financing lease liabilities$1.2M$451.0K$531.0K$206.0K$1.4M$89.0K
Increase (Decrease) in Contract with Customer, Asset$24.1M-$1.5M-$13.8M$129.1M—$64.7M
Increase (Decrease) in Deferred Charges$18.3M$4.5M-$34.6M-$4.3M—-$7.1M
Operating lease liabilities-$9.3M-$8.3M-$8.4M-$8.5M-$8.2M-$8.5M
Current liabilities$8.1M-$34.9M$12.3M$50.3M$52.6M-$1.4M
Other long-term liabilities-$723.0K-$38.0K$15.0K-$121.0K-$107.0K-$86.0K
Increase (Decrease) in Prepaid Expense and Other Assets-$1.5M$5.1M-$11.2M$4.7M$5.1M$54.2M
Accrued warranty—-$6.3M$1.7M$2.7M$5.3M$18.4M
Debt conversion inducement expense$0.0$16.6M$16.6M$16.6M$16.6M—
Non-cash lease expense$8.8M$8.1M$8.4M$8.1M$8.0M$8.0M
Other Noncash Income (Expense)-$64.0K$26.0K$0.0$5.0K$26.0K$281.0K
Allowance for credit losses$0.0$85.0K$85.0K$85.0K$85.0K—
Share-based consideration payable to customer’s customer (Note 3)$0.0$0.0———-$3.1M
Stock-based compensation expense$27.4M$30.1M$29.3M$37.3M$42.8M$48.2M
Unrealized Gain (Loss) on Derivatives and Commodity Contracts-$378.0K-$103.0K$112.0K-$411.0K-$135.0K$754.0K

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures incurred but not yet paid—$1.9M$2.4M-$2.0M$1.5M$4.4M
Income taxes paid$141.0K$384.0K$391.0K$347.0K$584.0K$618.0K
Interest paid$21.1M$5.5M$21.2M$3.9M$19.0M$4.1M
Operating lease payments$9.3M$8.3M$8.3M$8.4M$8.5M$8.5M
Operating cash flows from finance leases$72.0K$81.0K$88.0K$87.0K$100.0K$116.0K

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$11.1M$14.3M$7.2M$12.3M$23.0M$26.2M
Net cash from investing activities-$11.1M-$14.2M-$7.2M-$36.9M-$34.8M-$45.9M
Payments to Acquire Equity Method Investments$0.0$0.0———$19.8M
Proceeds from disposals of property, plant and equipment$34.0K$43.0K$33.0K$0.0$55.0K$91.0K

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$473.1M-$124.9M-$220.4M$7.4M$395.1M$47.4M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$2.2M$155.0K$2.1M-$1.2M$396.0K$2.0M
Net increase (decrease) in cash$401.8M-$119.6M-$225.3M$21.0M$1.9B$36.7M
Derecognition of financing obligations$25.4M$0.0———$20.2M
Recognition of finance lease right-of-use asset during the year-to-date period$1.2M$451.0K$505.0K$206.0K$1.8M$201.0K
Recognition of operating lease right-of-use asset during the year-to-date period—$142.0K$3.6M$167.0K$531.0K$5.8M
Unfunded investment commitment (Note 11)—$0.0———$1.4M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net cash from financing activities—$5.1M-$7.1M$39.4M$1.5B$7.1M
Proceeds from issuance of common stock$1.3M$7.7M$30.0K$42.4M$9.1M$15.8M
Payments Of Debt Issuance Costs$3.2M$0.0$3.3M$0.0$59.4M$806.0K
Other, net$0.0$150.0K$0.0$0.0$0.0$0.0
Repayments Of Financing Obligations$70.4M$2.7M$2.8M$2.9M$2.9M$8.0M