Bloom Energy (BE) FCF Margin (2017 - 2026)

Bloom Energy (BE) reported FCF Margin of 6.31% for Q1 2026, up 4464.0% on a YoY basis from 0.14% in Q1 2025, and down 88.21% quarter-over-quarter from 53.57% in Q4 2025.

Bloom Energy (BE) FCF Margin (2017 - 2026) Analysis & Trends

Bloom Energy has reported FCF Margin for 10 years, with the latest figure at 6.31% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 4464.0% year-over-year to 6.31%; the trailing twelve-month figure through Mar 2026 stood at 11.54% (up 297.0% YoY), and the FY2025 full-year result was 5.44%, down 69.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 6.31%, down from 53.57% in the prior quarter.
  • The five-year high for FCF Margin was 92.65% in Q4 2024, with the low at 116.0% in Q1 2023.
  • Historically, FCF Margin has averaged 20.44% across 5 years, with a median of 27.39% in 2022.
  • Annual changes were most pronounced in 2023 — FCF Margin plunged 6665 bps — and 2024, when it jumped 6307 bps.
  • Bloom Energy's FCF Margin stood at 27.39% in 2022, then surged by 208 bps to 29.58% in 2023, then surged by 213 bps to 92.65% in 2024, then slumped by 42 bps to 53.57% in 2025, then slumped by 88 bps to 6.31% in 2026.
  • The last three FCF Margin figures came in at 6.31% (Q1 2026), 53.57% (Q4 2025), and 4.18% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 28.89%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 6.31%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 3.95%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 3.03%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn -8.26%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 16.63%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -13.40%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 6.94%
10 EnerSys 8.53 Bn 8.10 Bn 290.87 Mn 13.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 6.31%
Dec 31, 2025 53.57%
Sep 30, 2025 4.18%
Jun 30, 2025 -50.63%
Mar 31, 2025 -38.32%
Dec 31, 2024 92.65%
Sep 30, 2024 -25.35%
Jun 30, 2024 -55.85%
Mar 31, 2024 -71.70%
Dec 31, 2023 29.58%
Sep 30, 2023 -38.60%
Jun 30, 2023 -29.27%
Mar 31, 2023 -116.00%
Dec 31, 2022 -27.39%
Sep 30, 2022 -13.20%
Jun 30, 2022 -18.10%
Mar 31, 2022 -49.35%
Dec 31, 2021 25.05%
Sep 30, 2021 -56.59%
Jun 30, 2021 24.03%