Bloom Energy (BE) Revenue & Revenue Breakdown


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Bloom Energy Revenue Highlights


Latest Revenue (Y)

$1.33B

Latest Revenue (Q)

$335.77M

Main Segment (Y)

Product

Main Geography (Y)

Product

Bloom Energy Revenue by Period


Bloom Energy Revenue by Year

DateRevenueChange
2023-12-31$1.33B11.20%
2022-12-31$1.20B23.34%
2021-12-31$972.18M22.40%
2020-12-31$794.25M1.16%
2019-12-31$785.18M5.81%
2018-12-31$742.04M97.35%
2017-12-31$376.00M80.30%
2016-12-31$208.54M-

Bloom Energy generated $1.33B in revenue during NA 2023, up 11.20% compared to the previous quarter, and up 179.70% compared to the same period a year ago.

Bloom Energy Revenue by Quarter

DateRevenueChange
2024-06-30$335.77M42.70%
2024-03-31$235.30M-34.07%
2023-12-31$356.92M-10.83%
2023-09-30$400.27M32.94%
2023-06-30$301.10M9.41%
2023-03-31$275.19M-40.51%
2022-12-31$462.58M58.27%
2022-09-30$292.27M20.16%
2022-06-30$243.24M20.99%
2022-03-31$201.04M-41.30%
2021-12-31$342.47M65.26%
2021-09-30$207.23M-9.30%
2021-06-30$228.47M17.76%
2021-03-31$194.01M-22.21%
2020-12-31$249.39M24.50%
2020-09-30$200.31M6.63%
2020-06-30$187.86M19.88%
2020-03-31$156.70M33.68%
2019-12-31$117.22M-49.79%
2019-09-30$233.47M-0.13%
2019-06-30$233.78M16.48%
2019-03-31$200.71M-6.04%
2018-12-31$213.61M12.31%
2018-09-30$190.19M12.62%
2018-06-30$168.88M-0.28%
2018-03-31$169.36M37.41%
2017-12-31$123.25M31.45%
2017-09-30$93.77M8.05%
2017-06-30$86.78M20.20%
2017-03-31$72.20M10.61%
2016-12-31$65.27M-

Bloom Energy generated $335.77M in revenue during Q2 2024, up 42.70% compared to the previous quarter, and up 122.01% compared to the same period a year ago.

Bloom Energy Revenue Breakdown


Bloom Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Installation$105.73M$92.12M$96.06M$101.89M$60.83M
Electricity$178.91M$75.39M$68.42M$10.84M-
Service$220.93M$150.95M$144.18M$109.63M$95.79M
Product$975.25M$880.66M$663.51M$518.63M$557.34M
Financing Obligations-$3.30M---

Bloom Energy's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (65.86%), Service (14.92%), Electricity (12.08%), and Installation (7.14%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Sep 19Jun 19Mar 19
Product$153.36M$670.27M$304.98M$214.71M$193.75M$360.25M$213.24M$173.63M$133.55M$250.16M$128.55M$146.87M$137.93M$171.80M$131.08M$116.20M$99.56M$182.62M$179.90M$141.73M
Installation$15.35M$79.83M$25.90M$24.32M$20.52M$43.16M$22.68M$12.73M$13.55M$42.35M$22.17M$28.88M$2.66M$28.83M$26.60M$29.84M$16.62M$22.26M--
Electricity$14.03M$39.53M$139.38M$19.77M$20.26M$19.23M$19.00M$18.46M$18.70M$17.15M$17.25M$17.02M$17.00M$16.62M---$13.43M--
Service$56.51M$163.56M$57.37M$42.30M$40.66M$39.94M$37.35M$38.43M$35.24M$32.81M$39.25M$35.71M$36.42M$32.14M$26.14M$26.21M$25.15M$23.29M--
Financing Obligations---$1.50M----------------
Sale Of Energy Servers-----------------$71.50M$87.80M-
Write Off Of Energy Servers------------------$25.60M-
Installation Services Of Energy Servers-----------------$3.20M$3.90M-
Energy Servers, Change In Useful Lives-----------------$14.60M$8.10M-
Repurchase Of Energy Servers------------------$26.30M-

Bloom Energy's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (64.10%), Service (23.62%), Installation (6.42%), and Electricity (5.86%).

Bloom Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 22Dec 21Dec 20Dec 19Dec 18
Installation$92.12M$96.06M$101.89M$60.83M-
Electricity$75.39M$68.42M$10.84M$55.91M-
Product$880.66M$663.51M$518.63M$557.34M$512.32M
Service$150.95M$144.18M$109.63M$95.79M$82.39M

Bloom Energy's latest annual revenue breakdown by geography, as of Dec 22: Product (73.44%), Service (12.59%), Installation (7.68%), and Electricity (6.29%).

Bloom Energy Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BEBloom Energy$1.33B$335.77M
MVSTMicrovast$306.62M$83.67M
CBATCBAK Energy$204.44M$47.79M
FCELFuelCell Energy$123.39M$23.70M
SLDPSolid Power$17.41M$5.08M
ENVXEnovix$263.00K$200.00K
FREYFREYR Battery--
PLUGPlug Power-$143.35M

BE Revenue FAQ


Bloom Energy's yearly revenue for 2023 was $1.33B, representing an increase of 11.20% compared to 2022. The company's yearly revenue for 2022 was $1.2B, representing an increase of 23.34% compared to 2021. BE's yearly revenue for 2021 was $972.18M, representing an increase of 22.40% compared to 2020.

Bloom Energy's quarterly revenue for Q2 2024 was $335.77M, a 42.70% increase from the previous quarter (Q1 2024), and a 11.52% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $235.3M, a -34.07% decrease from the previous quarter (Q4 2023), and a -14.50% decrease year-over-year (Q1 2023). BE's quarterly revenue for Q4 2023 was $356.92M, a -10.83% decrease from the previous quarter (Q3 2023), and a -22.84% decrease year-over-year (Q4 2022).

Bloom Energy's revenue growth rate for the last 3 years (2021-2023) was 37.16%, and for the last 5 years (2019-2023) was 69.83%.

Bloom Energy's revenue streams in c 23 are Installation, Electricity, Service, and Product. Installation generated $105.74M in revenue, accounting 7.14% of the company's total revenue, up 14.78% year-over-year. Electricity generated $178.91M in revenue, accounting 12.08% of the company's total revenue, up 137.32% year-over-year. Service generated $220.93M in revenue, accounting 14.92% of the company's total revenue, up 46.35% year-over-year. Product generated $975.24M in revenue, accounting 65.86% of the company's total revenue, up 10.74% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Bloom Energy was Product. This segment made a revenue of $975.24M, representing 65.86% of the company's total revenue.