Bloom Energy (BE) EBT Margin (2017 - 2026)
Bloom Energy (BE) recorded EBT Margin of 20.21% in Q3 2026, up 24.57 percentage points from -4.36% a year earlier and up 1.41 percentage points from the prior quarter.
Bloom Energy (BE) EBT Margin (2017 - 2026) Analysis & Trends
On a TTM basis, Bloom Energy's EBT Margin came in at 13.75% as of Sep 30, 2026, up 12.72 percentage points year-over-year; for FY2025, it was -4.17%, down 2.38 percentage points from FY2024.
- Annual EBT Margin has a five-year change of +18.35 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at -1.79% in FY2024 (+21.16 pp), -22.95% in FY2023 (+3.23 pp), -26.19% in FY2022 (-6.40 pp) and -19.78% in FY2021 (+2.73 pp).
- The Q3 2026 figure is the highest quarterly EBT Margin in data going back to Q1 2017.
- On a year-over-year basis, EBT Margin has increased for three consecutive quarters, with an average year-over-year change of +11.80 percentage points over the last eight quarters.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 37.43 percentage points in Q3 2024, against a drop of 25.58 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 18.80% (Q2 2026), 9.87% (Q1 2026) and 0.31% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn | 14.10% |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn | 20.21% |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn | 45.98% |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn | 19.39% |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn | 13.84% |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn | 11.06% |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn | 12.90% |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn | 14.43% |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn | 3.92% |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn | -1.23% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.21% |
| Jun 30, 2026 | 18.80% |
| Mar 31, 2026 | 9.87% |
| Dec 31, 2025 | 0.31% |
| Sep 30, 2025 | -4.36% |
| Jun 30, 2025 | -10.27% |
| Mar 31, 2025 | -7.05% |
| Dec 31, 2024 | 18.43% |
| Sep 30, 2024 | -4.40% |
| Jun 30, 2024 | -17.97% |
| Mar 31, 2024 | -24.24% |
| Dec 31, 2023 | 1.39% |
| Sep 30, 2023 | -41.83% |
| Jun 30, 2023 | -22.88% |
| Mar 31, 2023 | -27.14% |
| Dec 31, 2022 | -10.94% |
| Sep 30, 2022 | -20.56% |
| Jun 30, 2022 | -49.83% |
| Mar 31, 2022 | -40.89% |
| Dec 31, 2021 | -14.02% |
Bloom Energy EBT 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=ebt-margin&ticker=BE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=BE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();