Product was Bloom Energy’s largest product and service line in fiscal 2025, bringing in $809.80M of $1.35B (60%).
| Product and Service | FY 2016 | FY 2017 | FY 2017 | FY 2017 | FY 2018 | FY 2018 | FY 2018 | FY 2019 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $880.66M | $1.15B | $1.09B | $809.80M | |||||||||||
| Service | — | $2.60M | $224.44M | $228.30M | |||||||||||
| Installation | $92.12M | $107.60M | $122.32M | $256.37M | |||||||||||
| Electricity | $75.39M | $88.46M | $52.84M | $60.35M | |||||||||||
| Power Generation | — | — | — | — | |||||||||||
| Total | $1.05B | $1.35B | $1.48B | $1.35B |
Bloom Energy brought in $1.35B from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was down 8.7% from $1.48B in fiscal 2024. Product was the largest at $809.80M (59.8%), ahead of Installation at $256.37M (18.9%) and Service at $228.30M (16.9%). The remaining line, Electricity, brought in $60.35M.
Compared with fiscal 2024, Installation grew fastest, up 109.6% to $256.37M, while Product fell the most, down 25.4% to $809.80M.
Calculated Under Revenue Guidance In Effect Before Topic 606 was Bloom Energy’s largest revenue line in fiscal 2019, bringing in $359.47M of $362.32M (99%).
| Initial Application Period Cumulative Effect Transition | FY 2019 | FY 2019 |
|---|---|---|
| Calculated Under Revenue Guidance In Effect Before Topic 606 | $147.73M | $359.47M |
| Difference Between Revenue Guidance In Effect Before & After Topic 606 | $1.16M | $2.85M |
| Total | $148.89M | $362.32M |
Bloom Energy brought in $362.32M from its two revenue lines in fiscal 2019, the year ended June 30, 2019. That was up 143.4% from $148.89M in fiscal 2019. Calculated Under Revenue Guidance In Effect Before Topic 606 was the largest at $359.47M (99.2%), ahead of Difference Between Revenue Guidance In Effect Before & After Topic 606 at $2.85M (0.8%).
Bloom Energy (BE) reports its revenue by product and service and by initial application period cumulative effect transition. In fiscal 2025, Product was its largest product and service line, bringing in $809.80M (59.8% of the total), followed by Installation at $256.37M (18.9%).
Product was Bloom Energy's largest product and service line in fiscal 2025, bringing in $809.80M, or 59.8% of the $1.35B total across its four product and service lines.
Calculated Under Revenue Guidance In Effect Before Topic 606 was Bloom Energy's largest revenue line in fiscal 2019, bringing in $359.47M, or 99.2% of the $362.32M 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 109.6% from $122.32M to $256.37M.
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.