Bloom Energy (BE) EBITDA Margin (2017 - 2026)
Bloom Energy (BE) reported EBITDA Margin of 19.62% for Q3 2026, up 15.29 percentage points from 4.33% a year earlier and up 0.90 percentage points from the prior quarter.
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Analysis
Bloom Energy (BE) EBITDA Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Bloom Energy's EBITDA Margin came in at 16.56%, up 8.38 percentage points year-over-year; for FY2025, it was 6.50%, up 0.89 percentage points from FY2024.
- EBITDA Margin has increased for three consecutive years, with a five-year change of +9.28 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 5.61% in FY2024 (+16.23 pp), -10.61% in FY2023 (+5.76 pp), -16.37% in FY2022 (-10.49 pp) and -5.89% in FY2021 (-3.11 pp).
- The Q3 2026 figure ranks as the highest quarterly EBITDA Margin since Q4 2024.
- Year over year, EBITDA Margin has now increased in each of the last three quarters, with an average year-over-year change of +8.95 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q3 2024 (a gain of 23.53 percentage points); the low point was Q1 2022 (a drop of 25.16 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 18.71% (Q2 2026), 11.84% (Q1 2026) and 13.30% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 14.50% |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 19.62% |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 56.39% |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 20.06% |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 17.38% |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 19.08% |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 19.92% |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 19.49% |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 20.45% |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | 9.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.62% |
| Jun 30, 2026 | 18.71% |
| Mar 31, 2026 | 11.84% |
| Dec 31, 2025 | 13.30% |
| Sep 30, 2025 | 4.33% |
| Jun 30, 2025 | 2.73% |
| Mar 31, 2025 | -1.60% |
| Dec 31, 2024 | 21.04% |
| Sep 30, 2024 | 1.65% |
| Jun 30, 2024 | -2.42% |
| Mar 31, 2024 | -14.89% |
| Dec 31, 2023 | 7.49% |
| Sep 30, 2023 | -21.88% |
| Jun 30, 2023 | -11.90% |
| Mar 31, 2023 | -16.30% |
| Dec 31, 2022 | -5.29% |
| Sep 30, 2022 | -12.45% |
| Jun 30, 2022 | -34.92% |
| Mar 31, 2022 | -25.15% |
| Dec 31, 2021 | 0.25% |
API Access
Bloom Energy EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "BE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=BE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();