Bloom Energy (BE) Tax Rate (2017 - 2026)
Bloom Energy (BE) reported Tax Rate of 0.54% for Q1 2026, up 241.0% on a YoY basis from 0.16% in Q1 2025, and down 98.59% quarter-over-quarter from 38.23% in Q4 2025.
Bloom Energy (BE) Tax Rate (2017 - 2026) Analysis & Trends
Bloom Energy has reported Tax Rate for 10 years, with the latest figure at 0.54% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate rose 241.0% year-over-year to 0.54%; the trailing twelve-month figure through Mar 2026 stood at 20.89% (down 91.0% YoY), and the FY2025 full-year result was 3.2%, down 16.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.54%, down from 38.23% in the prior quarter.
- The five-year high for Tax Rate was 38.23% in Q4 2025, with the low at 2.43% in Q2 2025.
- Historically, Tax Rate has averaged 2.66% across 5 years, with a median of 0.39% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate sank 1560 bps — and 2025, when it surged 3795 bps.
- Bloom Energy's Tax Rate stood at 0.42% in 2022, then surged by 3889 bps to 15.88% in 2023, then slumped by 98 bps to 0.28% in 2024, then surged by 13349 bps to 38.23% in 2025, then tumbled by 99 bps to 0.54% in 2026.
- The last three Tax Rate figures came in at 0.54% (Q1 2026), 38.23% (Q4 2025), and 1.49% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 120.33 Bn | 117.83 Bn | 999.70 Mn | 11.00% |
| 3 | Bloom Energy | 77.90 Bn | 75.44 Bn | 225.54 Mn | 0.54% |
| 4 | nVent Electric | 27.29 Bn | 27.10 Bn | 445.60 Mn | 20.63% |
| 5 | Hubbell | 26.02 Bn | 25.52 Bn | 505.30 Mn | 22.59% |
| 6 | Advanced Energy Industries | 13.90 Bn | 13.90 Bn | 200.90 Mn | 3.86% |
| 7 | Powell Industries | 11.03 Bn | 10.48 Bn | 87.94 Mn | 25.73% |
| 8 | Ballard Power Systems | 10.11 Bn | 9.58 Bn | 5.64 Mn | -0.15% |
| 9 | Acuity Inc. (De) | 9.28 Bn | 9.01 Bn | 520.40 Mn | 21.24% |
| 10 | EnerSys | 8.66 Bn | 8.22 Bn | 290.87 Mn | 22.01% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.54% |
| Mar 31, 2026 | 0.54% |
| Dec 31, 2025 | 38.23% |
| Dec 31, 2025 | 38.23% |
| Sep 30, 2025 | -1.49% |
| Sep 30, 2025 | -1.49% |
| Jun 30, 2025 | -2.43% |
| Jun 30, 2025 | -2.43% |
| Mar 31, 2025 | -1.87% |
| Mar 31, 2025 | -1.87% |
| Dec 31, 2024 | 0.28% |
| Dec 31, 2024 | 0.28% |
| Sep 30, 2024 | -0.69% |
| Sep 30, 2024 | -0.69% |
| Jun 30, 2024 | -1.42% |
| Jun 30, 2024 | -1.42% |
| Mar 31, 2024 | 0.88% |
| Mar 31, 2024 | 0.88% |
| Dec 31, 2023 | 15.88% |
| Dec 31, 2023 | 15.88% |