Bloom Energy (BE) EBITDA Margin (2017 - 2026)
Bloom Energy (BE) reported EBITDA Margin of 9.61% for Q1 2026, up 1546.0% on a YoY basis from 0.58% in Q1 2025, and down 14.59% quarter-over-quarter from 11.26% in Q4 2025.
Bloom Energy (BE) EBITDA Margin (2017 - 2026) Analysis & Trends
Bloom Energy has reported EBITDA Margin for 10 years, with the latest figure at 9.61% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 1546.0% year-over-year to 9.61%; the trailing twelve-month figure through Mar 2026 stood at 6.7% (up 332.0% YoY), and the FY2025 full-year result was 3.6%, up 204.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 9.61%, down from 11.26% in the prior quarter.
- The five-year high for EBITDA Margin was 18.29% in Q4 2024, with the low at 42.01% in Q2 2022.
- Historically, EBITDA Margin has averaged 9.51% across 5 years, with a median of 6.89% in 2024.
- Annual changes were most pronounced in 2022 — EBITDA Margin plunged 2524 bps — and 2023, when it jumped 2392 bps.
- Bloom Energy's EBITDA Margin stood at 8.77% in 2022, then soared by 141 bps to 3.62% in 2023, then surged by 405 bps to 18.29% in 2024, then sank by 38 bps to 11.26% in 2025, then declined by 15 bps to 9.61% in 2026.
- The last three EBITDA Margin figures came in at 9.61% (Q1 2026), 11.26% (Q4 2025), and 1.51% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.61% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 11.72% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 17.39% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 13.37% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 19.41% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 34.48% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 11.13% |
| 10 | EnerSys | 8.53 Bn | 8.10 Bn | 290.87 Mn | 12.52% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.61% |
| Dec 31, 2025 | 11.26% |
| Sep 30, 2025 | 1.51% |
| Jun 30, 2025 | -0.87% |
| Mar 31, 2025 | -5.85% |
| Dec 31, 2024 | 18.29% |
| Sep 30, 2024 | -2.92% |
| Jun 30, 2024 | -6.89% |
| Mar 31, 2024 | -20.83% |
| Dec 31, 2023 | 3.62% |
| Sep 30, 2023 | -25.91% |
| Jun 30, 2023 | -18.09% |
| Mar 31, 2023 | -23.14% |
| Dec 31, 2022 | -8.77% |
| Sep 30, 2022 | -17.99% |
| Jun 30, 2022 | -42.01% |
| Mar 31, 2022 | -32.66% |
| Dec 31, 2021 | -3.94% |
| Sep 30, 2021 | -21.18% |
| Jun 30, 2021 | -18.69% |