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Cost of Revenue

Total Cost of Revenue

Bloom Energy Total Cost of Revenue decreased by 2.3% to $525.51M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 121.4%, from $237.31M to $525.51M. Over 4 years (FY 2021 to FY 2025), Total Cost of Revenue shows an upward trend with a 16.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionCost of Revenue
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2016
Last reportedQ1 2026Apr 29, 2026

How to read this metric

A decrease relative to revenue indicates improved production efficiency or economies of scale, while an increase may signal rising input costs.

Detailed definition

Total cost of revenue includes the direct costs attributable to the production of the goods sold or services provided by...

Peer comparison

Varies by industry; manufacturing-heavy companies typically have higher cost of revenue ratios than software companies.

Metric ID: total_cost_of_revenue

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$191.13M$170.35M$273.77M$173.1M$245.21M$241.33M$391.2M$220.92M$244.75M$405.48M$264.53M$197.22M$267.25M$251.67M$353.08M$237.31M$294.12M$367.37M$537.79M$525.51M
QoQ Change-10.9%+60.7%-36.8%+41.7%-1.6%+62.1%-43.5%+10.8%+65.7%-34.8%-25.4%+35.5%-5.8%+40.3%-32.8%+23.9%+24.9%+46.4%-2.3%
YoY Change+28.3%+41.7%+42.9%+27.6%-0.2%+68.0%-32.4%-10.7%+9.2%-37.9%+33.5%+20.3%+10.1%+46.0%+52.3%+121.4%
Range$170.35M$537.79M
CAGR+23.7%
Avg YoY Growth+26.3%
Median YoY Growth+28.0%

Product Breakdown

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Service$52.4M$51.36M$54.69M$52.86M$49.41M$51.83M$51.29M$53.66M
Installation$44.3M$35.69M$34.11M$33.32M$38.22M$59.92M$74.49M$35.08M
Electricity$9.21M$9.49M$10.64M$11.57M$7.74M$5.82M$7.29M$7.53M
Total$267.25M$251.67M$353.08M$237.31M$294.12M$367.37M$537.79M$525.51M

Frequently Asked Questions

What is Bloom Energy's total cost of revenue?
Bloom Energy (BE) reported total cost of revenue of $525.51M in Q1 2026.
How has Bloom Energy's total cost of revenue changed year-over-year?
Bloom Energy's total cost of revenue increased by 121.4% year-over-year, from $237.31M to $525.51M.
What is the long-term trend for Bloom Energy's total cost of revenue?
Over 4 years (2021 to 2025), Bloom Energy's total cost of revenue has grown at a 16.7% compound annual growth rate (CAGR), from $774.6M to $1.44B.
What does total cost of revenue mean?
The direct costs incurred to produce the goods or services sold by the company.