Product was Bloom Energy’s largest product and service line in fiscal 2025, bringing in $1.53B of $2.02B (76%).
| Product and Service | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Product | $880.66M | $975.25M | $1.09B | $1.53B | ||||||
| Service | $150.95M | $183.07M | $213.54M | $228.30M | ||||||
| Installation | $92.12M | $92.80M | $122.32M | $204.07M | ||||||
| Electricity | $75.39M | $82.36M | $52.84M | $60.35M | ||||||
| Total | $1.20B | $1.33B | $1.47B | $2.02B |
Bloom Energy brought in $2.02B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 37.3% from $1.47B in fiscal 2024. Product was the largest at $1.53B (75.7%), ahead of Service at $228.30M (11.3%) and Installation at $204.07M (10.1%). The remaining line, Electricity, brought in $60.35M.
Compared with fiscal 2024, Installation grew fastest, up 66.8% to $204.07M. Every line above 2% of revenue grew. From fiscal 2022 to 2025, combined revenue from these lines grew from $1.20B to $2.02B, a compound annual growth rate of 19.1%. Product's share of the total rose from 73.4% to 75.7%.
Previously Reported was Bloom Energy’s largest revenue line in fiscal 2017, bringing in $376.00M of $365.62M (103%).
| Restatement | FY 2017 |
|---|---|
| Previously Reported | $376.00M |
| Restatement Adjustment | -$10.37M |
| Total | $365.62M |
Bloom Energy brought in $365.62M from its two revenue lines in fiscal 2017, the year ended December 31, 2017. Previously Reported was the largest at $376.00M (102.8%).
The total is net of Restatement Adjustment, which took $10.37M off revenue in fiscal 2017.
Bloom Energy (BE) reports its revenue by product and service and by restatement. In fiscal 2025, Product was its largest product and service line, bringing in $1.53B (75.7% of the total), followed by Service at $228.30M (11.3%).
Product was Bloom Energy's largest product and service line in fiscal 2025, bringing in $1.53B, or 75.7% of the $2.02B total across its four product and service lines.
Previously Reported was Bloom Energy's largest revenue line in fiscal 2017, bringing in $376.00M, or 102.8% of the $365.62M total across its two revenue lines.
Among Bloom Energy's product and service lines that make up at least 2% of revenue, Installation grew fastest in fiscal 2025, up 66.8% from $122.32M to $204.07M.
Every figure comes from Bloom Energy's annual financial filings, as reported. Each line keeps the name Bloom Energy gives it, and years follow its fiscal calendar.
Bloom Energy's revenue by product and service goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.