Bloom Energy (BE) Gross Margin (2017 - 2026)
Bloom Energy's (BE) quarterly Gross Margin came in at 33.38% in Q2 2026, up 668.0% YoY from 4.35% in Q2 2025, and up 11.14% on a QoQ basis from 30.03% in Q1 2026.
Bloom Energy (BE) Gross Margin (2017 - 2026) Analysis & Trends
Bloom Energy (BE) has 10 years of Gross Margin data on file, last reported at 33.38% in Q2 2026.
- Quarterly Gross Margin rose 668.0% year-over-year to 33.38% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.24% (up 95.0% YoY) and the FY2025 annual result came in at 29.02%, up 157.0% from the prior year.
- Gross Margin advanced to 33.38% in Q2 2026, from 30.03% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 38.32% in Q4 2024 to a low of 1.3% in Q3 2023.
- A 5-year average of 21.39% and a median of 22.12% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin sank 1873 bps — and 2024, when it jumped 2513 bps.
- Tracing BE's Gross Margin over 5 years: stood at 15.43% in 2022, then soared by 68 bps to 25.89% in 2023, then soared by 48 bps to 38.32% in 2024, then dropped by 19 bps to 30.85% in 2025, then grew by 8 bps to 33.38% in 2026.
- The last three Gross Margin figures came in at 33.38% (Q2 2026), 30.03% (Q1 2026), and 30.85% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 37.71% |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 33.38% |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 37.93% |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 35.81% |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 41.13% |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 50.62% |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 30.57% |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 33.49% |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 48.70% |
| 10 | Atkore | 3.16 Bn | 2.82 Bn | 176.27 Mn | 22.18% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 33.38% |
| 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% |