BE

Bloom Energy Corp

Ticker: BETechnologyElectronic Equipment
HQ SAN JOSE, CACIK 1664703FY end 12-31Book / share $4.98Shares 324M
Revenue (FY)
$2.02B+37.33%
TTM $3.11B
Op. margin
3.60%+2.04%
TTM 11.24%
Net income
$-87.14M-220.33%
TTM $251.01M
Operating cash
$113.95M+23.86%
TTM $737.78M
Free cash flow
$57.19M+72.54%
TTM $624.71M
Return on equity
-11.51%-6.31%
TTM 15.19%
Debt / equity
3.66+1.22%
TTM 1.63
Shares outstanding
240.4M+5.73%
TTM 323.6M

The business

Bloom Energy Corporation (NYSE: BE) is a global leader in onsite power generation, designing and manufacturing proprietary fuel cell energy systems for commercial and industrial applications. The company's primary product, the Bloom Energy Server, uses high-temperature solid-oxide fuel cell technology to convert natural gas, biogas, or hydrogen into electricity through an electrochemical, non-combustion process. Bloom also manufactures the Bloom Electrolyzer, which produces hydrogen using the same solid oxide platform. Both products share a unified manufacturing approach and supply chain, enabling the company to serve multiple markets with a single core technology platform.

The company operates three primary market segments: Data Centers, Commercial and Industrial (C&I), and Utilities. Data center customers, particularly those operating artificial intelligence infrastructure, represent a growing segment seeking reliable, continuously available electricity with rapid deployment capabilities. The C&I market spans diverse sectors including advanced manufacturing, healthcare, retail, education, and critical infrastructure. Utilities increasingly explore onsite generation solutions to address capacity constraints and grid limitations.

Headquartered in Silicon Valley, Bloom Energy employs more than 2,000 people worldwide and manufactures its systems in the United States, with primary facilities in Fremont, California and Newark, Delaware. The company has deployed approximately 1,100 Energy Server systems across nine countries, with the United States representing its largest market by revenue and installed base. South Korea is the second-largest market, where Bloom operates through strategic partnerships with SK ecoplant Co., Ltd. and SK eternix Co., Ltd., supporting nearly 682 megawatts of deployed systems.

Bloom's competitive advantages include rapid time-to-power deployment, superior emissions profiles compared to traditional generators, high reliability and resilience through modular design, and compatibility with artificial intelligence workload requirements. The company's solid oxide fuel cell technology enables direct current power generation suitable for emerging 800-volt data center standards and provides load-following capabilities critical for variable AI computing environments. The Energy Server operates with approximately 99.9 percent availability for non-redundant installations and can achieve near 99.999 percent availability with redundancy configurations.

Sector
Technology
Industry
Electronic Equipment
HQ
SAN JOSE, CA
FY end
12-31
CIK
1664703
SIC
3620
Financial performance · annual
20172025
$-667.13M$363.86M$1.39B$2.43B$3.46B201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds Bloom Energy Corp — across funds, superinvestors and bonds · N-PORT 2026Q1 · 13F 2026-03-31

554
funds hold it
2 of 36
superinvestors hold it
$12.85B
fund-held value
30.3%
of shares held by funds
3
bond issues held by funds

Top fund holders

Fund% of fundValue
Columbia Seligman Technology and Information Fund
SLMCX · Columbia Funds Series Trust II
10.63%$2.17B
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.06%$1.15B
iShares Russell 2000 ETF
IWM · iShares Trust
1.01%$724.02M
Columbia Seligman Global Technology Fund
SHGTX · Columbia Funds Series Trust II
12.40%$419.90M
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.25%$416.32M

Superinvestors in Bloom Energy Corp

Stanley DruckenmillerDECREASED -81.6%
Duquesne Family Office
0.6%
Polen CapitalDECREASED -10.9%
Polen Capital Management
0.1%

Share of each manager's reported 13F portfolio.

Bonds held by funds

Funds report holding 3 issues of Bloom Energy Corp's debt, $586.82M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 3.00%, maturing 20282030.

IssueCouponMaturesFundsFund-held
Bloom Energy Corp.0.000%None2030-11-1568$467.54M
BE 3 06/01/283.000%2028-06-017$106.07M
Bloom Energy Corporation3.000%2029-06-013$13.20M

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

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15 years of Bloom Energy Corp's financials

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