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
DateValue
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%