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

Bloom Energy (BE) Research & Development (2017 - 2026)

Bloom Energy's (BE) quarterly Research & Development came in at $58.9 million in Q2 2026, up 44.41% on a YoY basis from $40.8 million in Q2 2025, and up 3.56% quarter-over-quarter from $56.8 million in Q1 2026.

Analysis

Bloom Energy (BE) Research & Development (2017 - 2026) Analysis & Trends

Bloom Energy (BE) has reported Research & Development for 10 consecutive years, with $58.9 million the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Research & Development rose 44.41% year-over-year to $58.9 million; the trailing twelve-month figure through Jun 2026 stood at $220.3 million (up 40.2% YoY), and the FY2025 full-year result was $186.0 million, up 25.14% from the prior year.
  • Research & Development advanced to $58.9 million in Q2 2026 per BE's latest filing, from $56.8 million in the prior quarter.
  • Across five years, Research & Development topped out at $58.9 million in Q2 2026 and bottomed at $33.6 million in Q4 2023.
  • Historically, Research & Development has averaged $42.0 million across 5 years, with a median of $40.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2024: Research & Development jumped 62.09% in 2022, then retreated 22.34% in 2024.
  • Over 5 years, Research & Development stood at $38.3 million in 2022, then retreated by 12.43% to $33.6 million in 2023, then rose by 17.61% to $39.5 million in 2024, then surged by 41.62% to $55.9 million in 2025, then rose by 5.34% to $58.9 million in 2026.
  • According to Business Quant data, Research & Development over the past three periods registered $58.9 million, $56.8 million, and $55.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 58.87 Mn
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn 8.51 Mn
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn 10.37 Mn
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 942,644.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 58.87 Mn
Mar 31, 2026 56.85 Mn
Dec 31, 2025 55.89 Mn
Sep 30, 2025 48.72 Mn
Jun 30, 2025 40.77 Mn
Mar 31, 2025 40.61 Mn
Dec 31, 2024 39.47 Mn
Sep 30, 2024 36.32 Mn
Jun 30, 2024 37.36 Mn
Mar 31, 2024 35.49 Mn
Dec 31, 2023 33.56 Mn
Sep 30, 2023 35.13 Mn
Jun 30, 2023 41.49 Mn
Mar 31, 2023 45.69 Mn
Dec 31, 2022 38.32 Mn
Sep 30, 2022 36.15 Mn
Jun 30, 2022 41.61 Mn
Mar 31, 2022 34.53 Mn
Dec 31, 2021 26.79 Mn
Sep 30, 2021 27.63 Mn