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Bloom Energy BE Service — Cost of Revenue

Other product segments

Installation
$52.83M+38.2%
Electricity
$6.86M-11.4%

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Other financials

Income statement

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Revenue$1.1B+166%
Gross profit$355.6M+232%
Operating income$182.2M+5,302%
Net income$198.9M+571%
EPS (diluted)$0.62+444%

Balance sheet

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Cash & equivalents$2.7B+344%
Total debt$2.6B+105%
Total equity$1.6B+171%
Total assets$5.6B+122%

Cash flow

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Operating cash flow$226.4M+206%
CapEx$51.6M+613%
Free cash flow$174.8M+179%

Valuation

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Market cap$69.02B+659%
Enterprise value$68.94B+606%
P/E276.5×
P/S22.2×+16.6×

Profitability

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Gross margin31.2%+0.9pp
Operating margin11.2%+6.8pp
Net margin8%
FCF margin20.1%+17.4pp

Returns & leverage

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Return on equity22.6%
Debt / equity1.6×-0.5×
Current ratio4.1×-0.9×

Where this comes from

Reported directly by Bloom Energy in its filing.

Tagged under the XBRL concept us-gaap:CostOfRevenue.

The source filing: Bloom Energy’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 5:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050247
Line itemThree Months Ended / June 30, 2026Three Months Ended / June 30, 2025Six Months Ended / June 30, 2026Six Months Ended / June 30, 2025
Cost of revenue:
Product593,957198,7461,023,189338,319
Installation52,82938,22487,90971,539
Service56,14849,408109,812102,266
Electricity6,8597,74114,39319,309
Total cost of revenue709,793294,1191,235,303531,433
Gross profit355,572107,123581,116195,830
Operating expenses:

ITEM 1—FINANCIAL STATEMENTS

FAQ

What is Bloom Energy's service — cost of revenue?
Bloom Energy (BE) reported service — cost of revenue of $56.15M in Q2 2026.
How has Bloom Energy's service — cost of revenue changed year-over-year?
Bloom Energy's service — cost of revenue increased by 13.6% year-over-year, from $49.41M to $56.15M.
What is the long-term trend for Bloom Energy's service — cost of revenue?
Over 4 years (2021 to 2025), Bloom Energy's service — cost of revenue has grown at a 8.5% compound annual growth rate (CAGR), from $148.29M to $205.39M.
What does service — cost of revenue mean?
This metric captures the direct costs associated with providing service and maintenance to the installed base, including labor, replacement parts, and logistics. It is a key indicator of the operational efficiency of the service organization and the reliability of the deployed hardware. Monitoring this cost helps assess the profitability of the service segment and the long-term maintenance burden of the technology.

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