Bloom Energy Corp
NYSE:BE
Income Statement
Earnings Waterfall
Bloom Energy Corp
Income Statement
Bloom Energy Corp
| Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | Mar-2025 | Jun-2025 | Sep-2025 | Dec-2025 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||||||||||||||||||||||||||||||
| Interest Expense |
81
|
87
|
94
|
103
|
124
|
124
|
124
|
114
|
106
|
105
|
104
|
109
|
94
|
111
|
102
|
99
|
79
|
71
|
71
|
65
|
69
|
68
|
68
|
66
|
53
|
51
|
51
|
106
|
108
|
111
|
113
|
61
|
63
|
63
|
62
|
59
|
54
|
|
| Revenue |
209
N/A
|
242
+16%
|
276
+14%
|
318
+15%
|
366
+15%
|
463
+27%
|
545
+18%
|
641
+18%
|
633
-1%
|
610
-4%
|
642
+5%
|
676
+5%
|
785
+16%
|
699
-11%
|
686
-2%
|
662
-3%
|
794
+20%
|
832
+5%
|
872
+5%
|
879
+1%
|
972
+11%
|
979
+1%
|
994
+2%
|
1 079
+9%
|
1 199
+11%
|
1 273
+6%
|
1 331
+5%
|
1 439
+8%
|
1 333
-7%
|
1 294
-3%
|
1 328
+3%
|
1 258
-5%
|
1 474
+17%
|
1 565
+6%
|
1 630
+4%
|
1 819
+12%
|
2 024
+11%
|
|
| Gross Profit | ||||||||||||||||||||||||||||||||||||||
| Cost of Revenue |
(312)
|
(329)
|
(356)
|
(369)
|
(382)
|
(426)
|
(470)
|
(528)
|
(527)
|
(547)
|
(583)
|
(597)
|
(688)
|
(621)
|
(611)
|
(573)
|
(629)
|
(631)
|
(661)
|
(687)
|
(775)
|
(808)
|
(862)
|
(933)
|
(1 051)
|
(1 099)
|
(1 098)
|
(1 262)
|
(1 132)
|
(1 109)
|
(1 132)
|
(978)
|
(1 069)
|
(1 109)
|
(1 136)
|
(1 252)
|
(1 425)
|
|
| Gross Profit |
(104)
N/A
|
(87)
+16%
|
(79)
+9%
|
(51)
+36%
|
(16)
+68%
|
37
N/A
|
75
+105%
|
114
+51%
|
106
-7%
|
64
-40%
|
59
-7%
|
79
+33%
|
98
+24%
|
78
-20%
|
76
-3%
|
89
+18%
|
166
+87%
|
201
+21%
|
212
+6%
|
193
-9%
|
198
+3%
|
171
-14%
|
132
-23%
|
146
+11%
|
148
+2%
|
175
+18%
|
233
+33%
|
177
-24%
|
201
+14%
|
185
-8%
|
197
+7%
|
281
+43%
|
405
+44%
|
455
+13%
|
494
+8%
|
567
+15%
|
599
+6%
|
|
| Operating Income | ||||||||||||||||||||||||||||||||||||||
| Operating Expenses |
(138)
|
(139)
|
(141)
|
(135)
|
(139)
|
(145)
|
(147)
|
(204)
|
(271)
|
(321)
|
(375)
|
(363)
|
(325)
|
(308)
|
(272)
|
(251)
|
(247)
|
(249)
|
(274)
|
(298)
|
(312)
|
(337)
|
(357)
|
(380)
|
(409)
|
(443)
|
(444)
|
(439)
|
(401)
|
(383)
|
(352)
|
(342)
|
(382)
|
(430)
|
(421)
|
(477)
|
(512)
|
|
| Selling, General & Administrative |
(91)
|
(91)
|
(93)
|
(87)
|
(88)
|
(90)
|
(91)
|
(133)
|
(182)
|
(218)
|
(256)
|
(248)
|
(220)
|
(209)
|
(184)
|
(166)
|
(163)
|
(166)
|
(184)
|
(200)
|
(209)
|
(222)
|
(226)
|
(241)
|
(259)
|
(272)
|
(283)
|
(279)
|
(247)
|
(228)
|
(213)
|
(201)
|
(233)
|
(249)
|
(264)
|
(307)
|
(329)
|
|
| Research & Development |
(47)
|
(48)
|
(48)
|
(49)
|
(51)
|
(55)
|
(57)
|
(71)
|
(89)
|
(103)
|
(119)
|
(115)
|
(104)
|
(99)
|
(88)
|
(84)
|
(84)
|
(84)
|
(90)
|
(98)
|
(103)
|
(115)
|
(131)
|
(139)
|
(151)
|
(162)
|
(162)
|
(161)
|
(154)
|
(144)
|
(140)
|
(141)
|
(149)
|
(154)
|
(157)
|
(170)
|
(183)
|
|
| Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(9)
|
0
|
0
|
0
|
(11)
|
0
|
0
|
0
|
(27)
|
0
|
0
|
0
|
|
| Operating Income |
(241)
N/A
|
(226)
+6%
|
(221)
+2%
|
(187)
+16%
|
(155)
+17%
|
(108)
+30%
|
(72)
+33%
|
(91)
-25%
|
(165)
-82%
|
(257)
-56%
|
(315)
-23%
|
(284)
+10%
|
(227)
+20%
|
(230)
-1%
|
(196)
+15%
|
(162)
+18%
|
(81)
+50%
|
(49)
+40%
|
(62)
-27%
|
(106)
-70%
|
(115)
-9%
|
(166)
-45%
|
(225)
-36%
|
(234)
-4%
|
(261)
-11%
|
(268)
-3%
|
(211)
+21%
|
(262)
-24%
|
(200)
+24%
|
(198)
+1%
|
(156)
+22%
|
(62)
+60%
|
23
N/A
|
26
+12%
|
72
+182%
|
90
+24%
|
88
-3%
|
|
| Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||
| Interest Income Expense |
(94)
|
(105)
|
(108)
|
(112)
|
(139)
|
(142)
|
(160)
|
(149)
|
(124)
|
(117)
|
(97)
|
(102)
|
(91)
|
(109)
|
(100)
|
(97)
|
(77)
|
(71)
|
(72)
|
(68)
|
(70)
|
(68)
|
(66)
|
(64)
|
(49)
|
(45)
|
(42)
|
(91)
|
(90)
|
(87)
|
(85)
|
(35)
|
(38)
|
(37)
|
(36)
|
(54)
|
(61)
|
|
| Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(6)
|
(14)
|
(14)
|
(13)
|
(13)
|
1
|
1
|
0
|
0
|
0
|
(4)
|
(4)
|
(9)
|
0
|
(8)
|
(9)
|
(14)
|
0
|
(36)
|
(34)
|
(27)
|
0
|
(32)
|
(32)
|
(113)
|
|
| Total Other Income |
(0)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
1
|
0
|
(3)
|
(4)
|
(8)
|
(8)
|
(5)
|
(2)
|
(8)
|
(11)
|
(12)
|
(10)
|
5
|
7
|
7
|
1
|
(3)
|
(3)
|
(3)
|
5
|
16
|
19
|
22
|
15
|
2
|
|
| Pre-Tax Income |
(336)
N/A
|
(331)
+1%
|
(329)
+0%
|
(298)
+9%
|
(294)
+1%
|
(251)
+15%
|
(234)
+7%
|
(240)
-3%
|
(290)
-21%
|
(376)
-30%
|
(413)
-10%
|
(387)
+6%
|
(323)
+17%
|
(353)
-9%
|
(314)
+11%
|
(275)
+12%
|
(179)
+35%
|
(127)
+29%
|
(137)
-8%
|
(176)
-28%
|
(192)
-9%
|
(245)
-27%
|
(308)
-26%
|
(312)
-1%
|
(314)
-1%
|
(307)
+2%
|
(254)
+17%
|
(362)
-42%
|
(306)
+15%
|
(288)
+6%
|
(280)
+3%
|
(127)
+55%
|
(26)
+79%
|
8
N/A
|
27
+249%
|
19
-30%
|
(84)
N/A
|
|
| Net Income | ||||||||||||||||||||||||||||||||||||||
| Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(2)
|
(1)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
|
| Income from Continuing Operations |
(336)
|
(332)
|
(330)
|
(299)
|
(295)
|
(252)
|
(235)
|
(241)
|
(291)
|
(378)
|
(414)
|
(389)
|
(324)
|
(353)
|
(314)
|
(276)
|
(179)
|
(127)
|
(138)
|
(177)
|
(193)
|
(246)
|
(309)
|
(313)
|
(315)
|
(307)
|
(255)
|
(363)
|
(308)
|
(290)
|
(282)
|
(128)
|
(27)
|
6
|
25
|
17
|
(87)
|
|
| Income to Minority Interest |
57
|
52
|
39
|
27
|
19
|
17
|
18
|
17
|
18
|
17
|
17
|
19
|
19
|
21
|
21
|
22
|
22
|
21
|
20
|
18
|
29
|
29
|
26
|
25
|
14
|
13
|
13
|
9
|
6
|
2
|
(2)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
| Net Income (Common) |
(280)
N/A
|
(280)
N/A
|
(291)
-4%
|
(272)
+7%
|
(276)
-2%
|
(235)
+15%
|
(217)
+8%
|
(224)
-3%
|
(274)
-22%
|
(361)
-32%
|
(397)
-10%
|
(370)
+7%
|
(307)
+17%
|
(335)
-9%
|
(296)
+12%
|
(256)
+13%
|
(158)
+38%
|
(107)
+32%
|
(118)
-11%
|
(158)
-34%
|
(164)
-4%
|
(218)
-33%
|
(283)
-30%
|
(288)
-2%
|
(301)
-5%
|
(295)
+2%
|
(242)
+18%
|
(354)
-46%
|
(302)
+15%
|
(288)
+5%
|
(284)
+1%
|
(130)
+54%
|
(29)
+77%
|
4
N/A
|
24
+428%
|
15
-35%
|
(88)
N/A
|
|
| EPS (Diluted) |
-2.64
N/A
|
-2.64
N/A
|
-2.75
-4%
|
-2.57
+7%
|
-2.61
-2%
|
-2.22
+15%
|
-2.05
+8%
|
-2.04
+0%
|
-2.5
-23%
|
-3.22
-29%
|
-3.49
-8%
|
-3.18
+9%
|
-2.67
+16%
|
-2.7
-1%
|
-2.34
+13%
|
-1.83
+22%
|
-1.14
+38%
|
-0.62
+46%
|
-0.68
-10%
|
-0.92
-35%
|
-0.95
-3%
|
-1.24
-31%
|
-1.6
-29%
|
-1.54
+4%
|
-1.62
-5%
|
-1.42
+12%
|
-1.15
+19%
|
-1.67
-45%
|
-1.42
+15%
|
-1.27
+11%
|
-1.24
+2%
|
-0.57
+54%
|
-0.13
+77%
|
0.02
N/A
|
0.11
+450%
|
0.07
-36%
|
-0.37
N/A
|
|