Bloom Energy (BE) Invested Capital (2017 - 2026)
Bloom Energy's (BE) quarterly Invested Capital came in at $1.6 billion in Q2 2026, up 164.65% on a YoY basis from $620.9 million in Q2 2025, and up 72.62% quarter-over-quarter from $952.0 million in Q1 2026.
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Analysis
Bloom Energy (BE) Invested Capital (2017 - 2026) Analysis & Trends
Bloom Energy (BE) has reported Invested Capital for 10 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 164.65% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (up 164.65% YoY), and the FY2025 full-year result was $797.1 million, up 36.21% from the prior year.
- Invested Capital climbed to $1.6 billion in Q2 2026 per BE's latest filing, from $952.0 million in the prior quarter.
- Across five years, Invested Capital topped out at $1.6 billion in Q2 2026 and bottomed at -$130.2 million in Q2 2022.
- Historically, Invested Capital has averaged $551.1 million across 5 years, with a median of $552.9 million in 2023.
- The widest YoY moves for Invested Capital: up 2689.62% in 2022, down 188.38% in 2022.
- Over 5 years, Invested Capital stood at $392.1 million in 2022, then surged by 32.78% to $520.7 million in 2023, then gained by 12.4% to $585.2 million in 2024, then soared by 36.21% to $797.1 million in 2025, then jumped by 106.15% to $1.6 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $1.6 billion, $952.0 million, and $797.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 80.01 Bn | 77.37 Bn | 355.57 Mn | 1.64 Bn |
| 2 | Fuelcell Energy | 1.44 Bn | 785.67 Mn | -24.50 Mn | 1.00 Bn |
| 3 | Ballard Power Systems | 667.74 Mn | 162.59 Mn | 4.08 Mn | - |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 | - |
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 | 611.44 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();