Bloom Energy (BE) Invested Capital (2017 - 2026)
Bloom Energy's Invested Capital came in at $1.64 billion for Q2 2026, up 164.7% from $620.91 million a year earlier and up 72.6% from the prior quarter.
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Analysis
Bloom Energy (BE) Invested Capital (2017 - 2026) Analysis & Trends
For FY2025, Bloom Energy's Invested Capital was $797.12 million, up 36.2% from FY2024.
- Invested Capital has increased in each of the last three years, with a five-year compound annual growth rate of 24.9% (FY2020 to FY2025).
- Going back by year, Invested Capital was $585.22 million in FY2024 (+12.4%), $520.67 million in FY2023 (+32.8%), $392.12 million in FY2022 and $15.66 million in FY2021 (-94.0%).
- The Q2 2026 figure represents the highest quarterly Invested Capital in data going back to Q4 2017.
- Business Quant data shows BE's Invested Capital at $951.97 million (Q1 2026), $797.12 million (Q4 2025) and $678.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 262.74 Bn | 222.66 Bn | 2.36 Bn | 15.91 Bn |
| 2 | Bloom Energy | 72.70 Bn | 64.49 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 19.81 Bn | 10.76 Bn | 605.00 Mn | 10.36 Bn |
| 4 | Nextpower | 13.05 Bn | 8.94 Bn | 335.85 Mn | - |
| 5 | BWX Technologies | 12.53 Bn | 10.83 Bn | 202.31 Mn | 3.35 Bn |
| 6 | Generac Holdings | 12.20 Bn | 11.03 Bn | 521.81 Mn | 4.21 Bn |
| 7 | EnerSys | 6.33 Bn | 4.52 Bn | 313.36 Mn | 3.01 Bn |
| 8 | Enphase Energy | 4.09 Bn | -765.63 Mn | 175.01 Mn | 1.75 Bn |
| 9 | Mirion Technologies | 3.93 Bn | 1.77 Bn | 133.10 Mn | 2.32 Bn |
| 10 | QuantumScape | 2.57 Bn | -1.17 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.64 Bn |
| Mar 31, 2026 | 951.97 Mn |
| Dec 31, 2025 | 797.12 Mn |
| Sep 30, 2025 | 678.90 Mn |
| Jun 30, 2025 | 620.91 Mn |
| Dec 31, 2024 | 585.22 Mn |
| Dec 31, 2023 | 520.67 Mn |
| Sep 30, 2023 | 505.20 Mn |
| Jun 30, 2023 | 357.05 Mn |
| Mar 31, 2023 | 445.27 Mn |
| Dec 31, 2022 | 392.12 Mn |
| Sep 30, 2022 | 218.32 Mn |
| Jun 30, 2022 | -130.19 Mn |
| Mar 31, 2022 | -36.82 Mn |
| Dec 31, 2021 | 15.66 Mn |
| Sep 30, 2021 | 7.83 Mn |
| Jun 30, 2021 | 147.30 Mn |
| Mar 31, 2021 | 182.51 Mn |
| Dec 31, 2020 | 261.87 Mn |
| Sep 30, 2020 | -8.42 Mn |
API Access
Bloom Energy Invested Capital 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=invested-capital&ticker=BE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=BE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();