Bloom Energy (BE) Net Margin (2017 - 2026)
Bloom Energy's (BE) quarterly Net Margin came in at 18.42% in Q2 2026, up 2905.0% on a YoY basis from 0.61% in Q2 2025, and up 95.86% quarter-over-quarter from 9.41% in Q1 2026.
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Bloom Energy (BE) Net Margin (2017 - 2026) Analysis & Trends
Bloom Energy (BE) has reported Net Margin for 10 consecutive years, with 18.42% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 2905.0% year-over-year to 18.42%; the trailing twelve-month figure through Jun 2026 stood at 7.87% (up 642.0% YoY), and the FY2025 full-year result was 4.37%, down 239.0% from the prior year.
- Net Margin rose to 18.42% in Q2 2026 per BE's latest filing, from 9.41% in the prior quarter.
- Across five years, Net Margin topped out at 18.42% in Q2 2026 and bottomed at 48.84% in Q2 2022.
- Historically, Net Margin has averaged 12.78% across 5 years, with a median of 10.41% in 2022.
- The sharpest annual moves came in 2022 and 2024: Net Margin sank 2527 bps in 2022, then jumped 3777 bps in 2024.
- Over 5 years, Net Margin stood at 10.2% in 2022, then jumped by 112 bps to 1.26% in 2023, then jumped by 1349 bps to 18.31% in 2024, then sank by 99 bps to 0.14% in 2025, then soared by 13021 bps to 18.42% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 18.42%, 9.41%, and 0.14% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 18.42% |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | -137.17% |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -98.21% |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.42% |
| Mar 31, 2026 | 9.41% |
| Dec 31, 2025 | 0.14% |
| Sep 30, 2025 | -4.45% |
| Jun 30, 2025 | -10.62% |
| Mar 31, 2025 | -7.30% |
| Dec 31, 2024 | 18.31% |
| Sep 30, 2024 | -4.45% |
| Jun 30, 2024 | -18.40% |
| Mar 31, 2024 | -24.45% |
| Dec 31, 2023 | 1.26% |
| Sep 30, 2023 | -42.22% |
| Jun 30, 2023 | -21.94% |
| Mar 31, 2023 | -26.01% |
| Dec 31, 2022 | -10.20% |
| Sep 30, 2022 | -19.53% |
| Jun 30, 2022 | -48.84% |
| Mar 31, 2022 | -39.13% |
| Dec 31, 2021 | -9.74% |
| Sep 30, 2021 | -25.27% |