Bloom Energy BE Ratios & Valuation
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 29.6%+0.6pp | 29%-2.1pp | 31.2%+0.9pp | 30.3%+1.2pp | 29.1%+1.6pp | |
| Operating margin | 6.7%+3.1pp | 3.6%-1.4pp | 4.9%+0.5pp | 4.4%+1.1pp | 3.4%+1.8pp | |
| Net margin | 0.3%+4.7pp | -4.4%— | —— | —— | —— | |
| EBITDA margin | 8.8%+2.7pp | 6.1%-1.7pp | 7.8%+0.1pp | 7.6%+0.9pp | 6.7%+1.6pp | |
| Free cash flow margin | 9.4%+6.5pp | 2.8%-4.6pp | 7.4%+4.7pp | 2.7%-2.2pp | 4.9%+2.7pp | |
| Returns | ||||||
| Return on equity | 1.1%+14.4pp | -13.3%— | —— | —— | —— | |
| Return on assets | 0.2%+2.7pp | -2.5%— | —— | —— | —— | |
| Return on invested capital | 11.1%+3.6pp | 7.6%+0.2pp | 7.3%+1.1pp | 6.2%+0.7pp | 5.5%+2.7pp | |
| Efficiency | ||||||
| Asset turnover | 0.7×+0.1× | 0.6×-0.1× | 0.7×+0.1× | 0.6×0.0× | 0.6×+0.1× | |
| Inventory turnover | 2.6×+0.1× | 2.4×+0.5× | 1.9×+0.1× | 1.9×-0.1× | 1.9×-0.1× | |
| Liquidity | ||||||
| Current ratio | 5×-1.0× | 6×+1.6× | 4.4×-0.6× | 5×+1.6× | 3.4×+0.2× | |
| Quick ratio | 4.1×-0.9× | 4.9×+2.1× | 2.9×-0.3× | 3.2×+0.8× | 2.4×0.0× | |
| Cash ratio | 3.2×-0.8× | 4×+2.6× | 1.3×-0.2× | 1.6×+0.1× | 1.4×-0.1× | |
| Leverage | ||||||
| Debt-to-equity | 3×-0.6× | 3.6×+1.6× | 1.9×-0.2× | 2.1×-0.1× | 2.2×-0.1× | |
| Debt-to-assets | 0.6×0.0× | 0.6×+0.1× | 0.5×0.0× | 0.5×0.0× | 0.5×0.0× | |
| Net debt / EBITDA | 1×-1.2× | 2.2×-2.4× | 4.6×-0.8× | 5.4×+1.2× | 4.2×-0.1× | |
| Interest coverage | 3.4×+2.1× | 1.4×-0.2× | 1.5×+0.3× | 1.2×+0.3× | 0.8×+0.5× | |
| Per Share | ||||||
| Book value per share | $2.88-9.9% | $3.20-99.9% | $2,779.84+108,619% | $2.56+1.8% | $2.51+1.5% | |
| Valuation | ||||||
| Market capitalization | $38.01B+85.0% | $20.55B+3.8% | $19.79B+271% | $5.33B+17.7% | $4.53B-10.8% | |
| Enterprise value | $38.23B+83.6% | $20.82B+1.9% | $20.43B+241% | $6B+20.6% | $4.97B-8.0% | |
| Price / earnings | 4,451.5×— | —— | —— | —— | —— | |
| Price / sales | 15.5×+5.4× | 10.2×-0.7× | 10.9×+7.6× | 3.3×+0.4× | 2.9×-0.5× | |
| Price / book | 41.3×+14.5× | 26.7×-3.6× | 30.3×+21.3× | 9×+1.1× | 7.8×-1.2× | |
| EV / EBITDA | 177.1×+8.3× | 168.8×+24.1× | 144.7×+96.4× | 48.3×+1.1× | 47.2×-23.9× | |
| EV / sales | 15.6×+5.3× | 10.3×-0.9× | 11.2×+7.6× | 3.7×+0.5× | 3.2×-0.5× | |
| Free cash flow yield | 0.6%+0.3pp | 0.3%-0.4pp | 0.7%-0.1pp | 0.8%-0.9pp | 1.7%+1.0pp | |
| Earnings yield | 0%+0.5pp | -0.4%— | —— | —— | —— |
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.
