Bloom Energy BE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29.6%+0.5pp | 29%+1.6pp | 31.2%+9.1pp | 30.3%+15.7pp | 29.1%+15.1pp | |
| Operating margin | 6.7%+3.3pp | 3.6%+2.0pp | 4.9%+11.4pp | 4.4%+17.7pp | 3.4%+19.4pp | |
| Net margin | 0.3%— | -4.4%— | —— | —— | —— | |
| Returns | ||||||
| Return on equity | 1.1%— | -13.3%— | —— | —— | —— | |
| Return on invested capital | 11.1%+5.6pp | 7.6%+4.8pp | 7.3%+15.4pp | 6.2%+28.6pp | 5.5%+35.8pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×0.0× | 0.6×0.0× | 0.7×+0.2× | 0.6×+0.1× | 0.6×+0.1× | |
| Liquidity | ||||||
| Current ratio | 5×+1.6× | 6×+2.8× | 4.4×+1.0× | 5×+0.3× | 3.4×-1.0× | |
| Leverage | ||||||
| Debt-to-equity | 3×+0.8× | 3.6×+1.3× | 1.9×-1.0× | 2.1×-0.9× | 2.2×0.0× | |
| Net debt / EBITDA | 1×-3.2× | 2.2×-2.1× | 4.6×— | 5.4×— | 4.2×— | |
| Per Share | ||||||
| Book value per share | $2.88+14.7% | $3.20+29.2% | $2,779.84+47.0% | $2.56+37.2% | $2.51+21.6% | |
| Valuation | ||||||
| Market capitalization | $38.01B+739% | $20.55B+305% | $19.79B+721% | $5.33B+91.8% | $4.53B+78.5% | |
| Price / earnings | 4,451.5×— | —— | —— | —— | —— | |
| Price / sales | 15.5×+12.6× | 10.2×+6.7× | 10.9×+9.0× | 3.3×+1.2× | 2.9×+0.9× | |
| Price / book | 41.3×+33.4× | 26.7×+17.7× | 30.3×+24.7× | 9×+2.4× | 7.8×+2.4× | |
| EV / EBITDA | 177.1×+130× | 168.8×+97.7× | 144.7×— | 48.3×— | 47.2×— |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Bloom Energy's profit margins?
- Bloom Energy (BE) runs a 29.6% gross margin and a 6.7% operating margin, with a 0.3% net margin.
- Where do Bloom Energy's ratios come from?
- Every ratio is computed from Bloom Energy's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
