NYSE$BE

Bloom Energy Corp · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

Bloom Energy reported Q3 2025 revenue of $519.0M.

Third-quarter revenue was $519.0 million as fuel-cell deployments and service revenue grew. The company serves data-center and industrial customers seeking on-site power solutions.

  • Q3 revenue $519.0M.
  • Fuel-cell platform targets data-center power demand.
  • Service revenue supports recurring cash flows.
  • Project timing and fuel costs influence quarterly results.

Headline financials

Total Revenue

$519M

Previous: $330M+57.1%
EPS (adj)

$0.15

Previous: -$0.06+350.0%
Capital Expenditures

-$33.8M

Previous: -$47.7M+29.2%
Free Cash Flow

-$56.8M

Previous: -$62.4M+9.0%
Net Income

-$23M

Previous: -$14.6M-56.9%
Operating Income

$7.85M

Previous: -$9.65M+181.3%
Gross Profit

$152M

Previous: $78.7M+92.6%
Cash & Equivalents

$595M

Previous: $496M+20.0%
Total Assets

$2.64B

Previous: $2.6B+1.3%

Revenue & EPS history

Bloom Energy · Revenue · Quarterly

$519M

Q3 2025+57.1%vs Q3 2024
Beat estimate in 9 of 15 quarters(60%)
ActualEstimate

Revenue by segment

Bloom Energy · $400M total across 4 segments · Q3 2023

  • Product Revenue
    $305M+43.0%
  • Service Revenue
    $47.5M+27.3%
  • Electricity Revenue
    $25.8M+36.0%
  • Installation Revenue
    $21.9M-3.4%

Forward guidance

The release discusses Bloom Energy's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Bloom Energy cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.
  • Commodity prices and industrial demand drive earnings volatility.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.7%

Avg return

Earnings day

-0.1%

Avg return

5 days after

+9.6%

Avg return

30 days after

47%

15 / 32 earnings

Positive

+40.1%

Q3 2019

Best reaction

-46.3%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+27.2%+27.4%+25.8%
Q4 2025+4.7%+13.9%-1.0%
Q3 2025+18.8%+25.7%-3.6%
Q2 2025-1.8%+3.9%+41.6%
Q1 2025-8.2%-10.8%+0.8%
Q4 2024+4.3%+4.7%-11.8%
Q3 2024+20.1%+23.4%+146.9%
Q2 2024+16.1%+19.8%+0.5%
Q1 2024-5.4%+5.8%+25.8%
Q4 2023-15.6%-23.8%-20.9%
Q3 2023+9.5%+6.8%+40.1%
Q2 2023-5.3%-6.0%-9.6%
Q1 2023-10.3%-25.0%-10.3%
Q4 2022+0.7%-2.8%-15.8%
Q3 2022+11.0%+12.5%+26.8%
Q2 2022+16.5%+21.1%+2.4%
Q1 2022-25.5%-34.5%-10.2%
Q4 2021+5.3%+24.3%+42.5%
Q3 2021+0.1%+7.3%-22.7%
Q2 2021-0.4%+7.8%+2.1%
Q1 2021-3.9%-13.2%+6.2%
Q4 2020-4.2%-3.3%-29.3%
Q3 2020-13.4%-0.5%+75.5%
Q2 2020-20.7%-25.0%+1.2%
Q1 2020+3.4%-3.3%+23.7%
Q4 2019-33.3%-33.3%+7.0%
Q3 2019+40.1%+50.7%+43.1%
Q2 2019-46.3%-40.2%-42.9%
Q1 2019-7.2%-12.4%-29.6%
Q4 2018-5.6%-6.5%+32.7%
Q3 2018-24.9%-15.3%-33.0%
Q2 2018+0.8%-1.0%+2.7%
Q4 2017
Q3 2017
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016
Q4 2015
Q3 2015
Q2 2015
Q1 2015

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