Bloom Energy (BE) Work In Process (2017 - 2026)
Bloom Energy (BE) reported Work In Process of $104.27 million for Q3 2026, down 5.6% from $110.49 million a year earlier but up 25.6% from the prior quarter.
Bloom Energy (BE) Work In Process (2017 - 2026) Analysis & Trends
At the end of FY2025, Bloom Energy posted Work In Process of $125.04 million, up 57.1% from FY2024.
- Work In Process has increased for seven consecutive years, with a five-year compound annual growth rate of 33.9% (FY2020 to FY2025).
- By year, Work In Process came in at $79.6 million in FY2024 (+57.2%), $50.63 million in FY2023 (+13.4%), $44.66 million in FY2022 (+40.0%) and $31.89 million in FY2021 (+9.7%).
- Five-year quarterly Work In Process spans a low of $31.89 million in Q4 2021 and a high of $125.04 million in Q4 2025.
- Year over year, Work In Process gained in six of the last eight quarters, with growth averaging 19.3%.
- The high point for year-over-year Work In Process in five years was Q3 2024 (growth of 95.4%); the low point was Q2 2022 (a decline of 9.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $83.03 million (Q2 2026), $105.46 million (Q1 2026) and $125.04 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 209.61 Bn | 160.70 Bn | 3.11 Bn |
| 2 | Bloom Energy | 56.09 Bn | 45.99 Bn | 417.10 Mn |
| 3 | First Solar | 19.82 Bn | 11.19 Bn | 713.06 Mn |
| 4 | Nextpower | 15.58 Bn | 11.28 Bn | 345.32 Mn |
| 5 | BWX Technologies | 11.75 Bn | 9.57 Bn | 227.14 Mn |
| 6 | Generac Holdings | 10.81 Bn | 9.54 Bn | 516.04 Mn |
| 7 | Innio | 10.80 Bn | 10.80 Bn | 367.70 Mn |
| 8 | EnerSys | 5.49 Bn | 3.69 Bn | 313.36 Mn |
| 9 | Mirion Technologies | 4.67 Bn | 3.03 Bn | 131.50 Mn |
| 10 | Enphase Energy | 3.73 Bn | -585.71 Mn | 127.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 104.27 Mn |
| Jun 30, 2026 | 83.03 Mn |
| Mar 31, 2026 | 105.46 Mn |
| Dec 31, 2025 | 125.04 Mn |
| Sep 30, 2025 | 110.49 Mn |
| Jun 30, 2025 | 89.68 Mn |
| Mar 31, 2025 | 88.11 Mn |
| Dec 31, 2024 | 79.60 Mn |
| Sep 30, 2024 | 105.21 Mn |
| Jun 30, 2024 | 85.91 Mn |
| Mar 31, 2024 | 71.14 Mn |
| Dec 31, 2023 | 50.63 Mn |
| Sep 30, 2023 | 53.86 Mn |
| Jun 30, 2023 | 55.94 Mn |
| Mar 31, 2023 | 55.01 Mn |
| Dec 31, 2022 | 44.66 Mn |
| Sep 30, 2022 | 37.36 Mn |
| Jun 30, 2022 | 40.72 Mn |
| Mar 31, 2022 | 41.35 Mn |
| Dec 31, 2021 | 31.89 Mn |
Bloom Energy Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=BE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "BE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=BE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();