Growth Metrics

Bloom Energy (BE) Cost of Revenue (2017 - 2026)

Bloom Energy's Cost of Revenue history spans 9 years, with the latest figure at $41.9 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 106.47% year-over-year to $41.9 million; the TTM value through Dec 2025 reached $615.3 million, up 439.33%, while the annual FY2025 figure was $130.2 million, 91.5% up from the prior year.
  • Cost of Revenue reached $41.9 million in Q4 2025 per BE's latest filing, roughly flat from $42.0 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $711.8 million in Q4 2021 to a low of -$781.2 million in Q4 2023.
  • Average Cost of Revenue over 5 years is $37.1 million, with a median of $41.9 million recorded in 2025.
  • Peak YoY movement for Cost of Revenue: skyrocketed 3678.09% in 2021, then tumbled 179.9% in 2022.
  • A 5-year view of Cost of Revenue shows it stood at $711.8 million in 2021, then crashed by 179.9% to -$568.7 million in 2022, then tumbled by 37.36% to -$781.2 million in 2023, then increased by 17.03% to -$648.1 million in 2024, then surged by 106.47% to $41.9 million in 2025.
  • Per Business Quant, the three most recent readings for BE's Cost of Revenue are $41.9 million (Q4 2025), $42.0 million (Q3 2025), and $294.1 million (Q2 2025).