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Bloom Energy (BE) Revenue & Revenue Breakdown

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Bloom Energy Revenue Highlights

Latest Revenue (Y)

$1.33B

Latest Revenue (Q)

$330.40M

Main Segment (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$208.54M20.62%
2015-12-31$172.89M-30.33%
2014-12-31$248.14M-

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
2024-09-30$330.40M-1.60%
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$65.27M25.76%
2016-09-30$51.90M-1.21%
2016-06-30$52.54M35.29%
2016-03-31$38.83M58.41%
2015-12-31$24.52M-13.68%
2015-09-30$28.40M-15.92%
2015-06-30$33.78M-60.81%
2015-03-31$86.19M-

Bloom Energy generated $330.40M in revenue during Q3 2024, up -1.60% compared to the previous quarter, and up 109.73% 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
Service$220.93M$241.96M$210.62M--
Product$975.25M$851.36M$992.82M--
Installation$105.73M$218.43M$137.31M--
Electricity$178.91M$110.95M$247.54M--
Financing Obligations-$3.30M$10.00M--

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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Electricity$13.82M$14.03M$39.53M$139.38M$13.73M$34.91M$79.28M$34.14M-$29.50M$27.88M$28.91M-$27.68M$27.15M$27.91M$146.09M---
Product$233.77M$153.36M$670.27M$304.98M-$380.12M$303.04M$239.29M-$222.25M$255.76M$225.22M$203.11M$199.32M$172.05M$461.35M----
Service$51.36M$56.51M$163.56M$57.37M-$79.14M$79.45M$77.06M-$78.84M$71.27M$72.53M$59.35M$54.86M$56.12M$94.33M----
Installation$35.69M$15.35M$79.83M$25.90M-$52.31M$29.46M$26.33M-$47.79M$65.39M$7.28M$54.48M$68.13M$37.40M$44.47M----
Financing Obligations----$1.50M$1.20M--------------
Write Off Of Energy Servers--------------------
Energy Servers, Change In Useful Lives-------------------$14.60M

Bloom Energy's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Product (69.86%), Service (15.35%), Installation (10.66%), and Electricity (4.13%).

Bloom Energy Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
BEBloom Energy$1.33B$330.40M
MVSTMicrovast$306.62M$101.39M
CBATCBAK Energy$204.44M$47.79M
FCELFuelCell Energy$112.13M$23.70M
SLDPSolid Power$17.41M$15.68M
ENVXEnovix$263.00K$3.77M
FREYFREYR Battery--
PLUGPlug Power-$143.35M

BE Revenue FAQ

What is Bloom Energy’s yearly revenue?

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.

What is Bloom Energy’s quarterly revenue?

Bloom Energy's quarterly revenue for Q3 2024 was $330.4M, a -1.60% decrease from the previous quarter (Q2 2024), and a -17.46% decrease year-over-year (Q3 2023). The company'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). BE'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).

What is Bloom Energy’s revenue growth rate?

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%.

What are Bloom Energy’s revenue streams?

Bloom Energy's revenue streams in c 23 are Service, Product, Installation, and Electricity. Service generated $220.93M in revenue, accounting 14.92% of the company's total revenue, down -8.69% year-over-year. Product generated $975.24M in revenue, accounting 65.86% of the company's total revenue, up 14.55% year-over-year. Installation generated $105.74M in revenue, accounting 7.14% of the company's total revenue, down -51.59% year-over-year. Electricity generated $178.91M in revenue, accounting 12.08% of the company's total revenue, up 61.25% year-over-year.

What is Bloom Energy’s main source of revenue?

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.