Growth Metrics

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

Bloom Energy's Research & Development history spans 9 years, with the latest figure at $55.9 million for Q4 2025.

  • For Q4 2025, Research & Development rose 41.62% year-over-year to $55.9 million; the TTM value through Dec 2025 reached $186.0 million, up 25.14%, while the annual FY2025 figure was $186.0 million, 25.14% up from the prior year.
  • Research & Development reached $55.9 million in Q4 2025 per BE's latest filing, up from $48.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $55.9 million in Q4 2025 to a low of $23.3 million in Q1 2021.
  • Average Research & Development over 5 years is $37.2 million, with a median of $36.8 million recorded in 2024.
  • Peak YoY movement for Research & Development: skyrocketed 62.09% in 2022, then dropped 22.34% in 2024.
  • A 5-year view of Research & Development shows it stood at $26.8 million in 2021, then surged by 43.02% to $38.3 million in 2022, then dropped 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.
  • Per Business Quant, the three most recent readings for BE's Research & Development are $55.9 million (Q4 2025), $48.7 million (Q3 2025), and $40.8 million (Q2 2025).