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

Bloom Energy (BE) posted Gross Margin of 30.03% for Q1 2026, down 2.65% on a QoQ basis from 30.85% in Q4 2025, and up 282.0% year-over-year from 7.86% in Q1 2025.

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

Bloom Energy's Gross Margin history runs 10 years deep, the most recent figure standing at 30.03% for Q1 2026.

  • Quarterly Gross Margin rose 282.0% year-over-year to 30.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 29.57% (up 47.0% YoY) and the FY2025 annual result came in at 29.02%, up 157.0% from the prior year.
  • Gross Margin was 30.03% for Q1 2026 at Bloom Energy, down from 30.85% in the prior quarter.
  • Across five years, Gross Margin topped out at 38.32% in Q4 2024 and bottomed at 1.3% in Q3 2023.
  • A 5-year average of 20.69% and a median of 20.41% in 2024 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2023 — Gross Margin plunged 1873 bps — and 2024, when it jumped 2513 bps.
  • Bloom Energy's Gross Margin stood at 15.43% in 2022, then surged by 68 bps to 25.89% in 2023, then surged by 48 bps to 38.32% in 2024, then fell by 19 bps to 30.85% in 2025, then declined by 3 bps to 30.03% in 2026.
  • Business Quant data shows BE's Gross Margin at 30.03% in Q1 2026, 30.85% in Q4 2025, and 29.22% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 33.45%
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 37.73%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 30.03%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 33.32%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 35.88%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 39.32%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 50.62%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 29.65%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 29.44%
10 Hayward Holdings 3.13 Bn 2.90 Bn 118.70 Mn 46.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.03%
Dec 31, 2025 30.85%
Sep 30, 2025 29.22%
Jun 30, 2025 26.70%
Mar 31, 2025 27.21%
Dec 31, 2024 38.32%
Sep 30, 2024 23.83%
Jun 30, 2024 20.41%
Mar 31, 2024 16.18%
Dec 31, 2023 25.89%
Sep 30, 2023 -1.30%
Jun 30, 2023 18.72%
Mar 31, 2023 19.72%
Dec 31, 2022 15.43%
Sep 30, 2022 17.43%
Jun 30, 2022 -0.81%
Mar 31, 2022 13.90%
Dec 31, 2021 20.06%
Sep 30, 2021 17.80%
Jun 30, 2021 16.35%