Bloom Energy BE
NYSE BE
$258.49 -10.79 (-4.01%)
As of: Sep 10, 2026 · 3:59 PM EDT

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% on a YoY basis from 4.35% in Q2 2025, and up 11.14% quarter-over-quarter from 30.03% in Q1 2026.

Analysis

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

Bloom Energy (BE) has reported Gross Margin for 10 consecutive years, with 33.38% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin rose 668.0% year-over-year to 33.38%; the trailing twelve-month figure through Jun 2026 stood at 31.24% (up 95.0% YoY), and the FY2025 full-year result was 29.02%, up 157.0% from the prior year.
  • Gross Margin rose to 33.38% in Q2 2026 per BE's latest filing, from 30.03% 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.
  • Historically, Gross Margin has averaged 21.39% across 5 years, with a median of 22.12% in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 1873 bps in 2023, then surged 2513 bps in 2024.
  • Over 5 years, 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 rose by 8 bps to 33.38% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 33.38%, 30.03%, and 30.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 33.38%
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn -74.25%
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn 19.81%
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
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%