Bloom Energy Corporation designs, manufactures, and sells solid-oxide fuel cell systems. The Company offers Bloom Energy Server, a stationary power generation platform that converts standard low-pressure natural gas or biogas into electricity through an electrochemical process without combustion. 

Employee Rating

2.5More
TypePublic
HQSunnyvale, US
Founded2001
Size (employees)1,452 (est)+4%
Websitebloomenergy.com
Bloom Energy was founded in 2001 and is headquartered in Sunnyvale, US
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Key People/Management at Bloom Energy

KR Sridhar

KR Sridhar

CEO
Randy Furr

Randy Furr

CFO
Susan Brennan

Susan Brennan

Chief Operations Officer
Venkat Venkataraman

Venkat Venkataraman

Chief Technology Officer
Matt Ross

Matt Ross

Chief Marketing Officer
Bill Kurtz

Bill Kurtz

Chief Commercial Officer
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Bloom Energy Office Locations

Bloom Energy has offices in Sunnyvale, Newark, Mumbai, Hyderabad and in 2 other locations
Sunnyvale, US (HQ)
1299 Orleans Drive
Newark, US
200 Christina Pkwy
Tokyo, JP
Tokyo Shiodome Building 9-1 Higashi Shimbashi 1-chome Minato-ku
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Bloom Energy Financials and Metrics

Bloom Energy Revenue

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Bloom Energy's revenue was reported to be $376 m in FY, 2017 which is a 80.3% increase from the previous period.
USD

Revenue (Q1, 2018)

169.4m

Gross profit (Q1, 2018)

43.7m

Gross profit margin (Q1, 2018), %

25.8%

Net income (Q1, 2018)

(22.3m)

EBIT (Q1, 2018)

5.7m

Market capitalization (14-Dec-2018)

1.5b

Closing stock price (14-Dec-2018)

14.1

Cash (31-Mar-2018)

88.2m

EV

2.4b
Bloom Energy's current market capitalization is $1.5 b.
Annual
USDFY, 2015FY, 2016FY, 2017

Revenue

172.9m208.5m376.0m

Revenue growth, %

21%80%

Cost of goods sold

354.6m312.0m394.0m

Gross profit

(181.7m)(103.5m)(18.0m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

38.8m52.5m51.9m72.2m86.8m93.8m169.4m

Cost of goods sold

64.5m66.1m95.5m81.4m92.6m108.9m125.7m

Gross profit

(25.6m)(13.5m)(43.6m)(9.2m)(5.8m)(15.1m)43.7m

Gross profit Margin, %

(66%)(26%)(84%)(13%)(7%)(16%)26%
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

135.0m156.6m103.8m

Accounts Receivable

34.5m35.2m30.3m

Prepaid Expenses

16.2m23.4m26.7m

Inventories

82.9m83.2m90.3m
Quarterly
USDQ1, 2018

Cash

88.2m

Accounts Receivable

58.5m

Prepaid Expenses

27.8m

Inventories

97.1m
Annual
USDFY, 2015FY, 2016FY, 2017

Net Income

(341.0m)(279.7m)(262.6m)

Depreciation and Amortization

39.0m45.3m46.2m

Inventories

34.0m(209.0k)(7.1m)

Accounts Payable

1.9m4.8m7.1m
Quarterly
USDQ1, 2017Q1, 2018

Net Income

(59.5m)(17.7m)

Depreciation and Amortization

11.9m10.8m

Inventories

(29.1m)(6.8m)

Accounts Payable

(2.4m)(827.0k)
USDY, 2018

EV/EBIT

423.4 x

EV/CFO

-69.8 x

Revenue/Employee

120.2k

Debt/Assets

0.8 x
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Bloom Energy Operating Metrics

Bloom Energy's Enterprise Customers was reported to be 71 in Jan, 2018.
FY, 2015Oct, 2016Q2, 2017Q3, 2017Jan, 2018Q1, 2018

Additional Product Sales Backlog, MW

87.90 m87.10 87.10 108.20

Enterprise Customers

71

Patents (Foreign)

60 77 80 90

Total Systems Installed, MW

187 200 263 277 312
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Bloom Energy Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
PowerSecure Lighting - EfficientLights / EnergyLite / Solais Lighting

Bloom Energy Revenue Breakdown

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Bloom Energy revenue breakdown by business segment: 14.9% from Electricity, 20.5% from Service, 16.8% from Installation and 47.8% from Product

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Bloom Energy Online and Social Media Presence

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Bloom Energy News and Updates

North America Solid Oxide Fuel Cells Market Report 2018 Featuring Bloom Energy, Doosan Fuel Cell America, LG Fuel Cell Systems, Fuel Cell Energy & Atrex Energy

DUBLIN, Nov. 29, 2018 /PRNewswire/ -- The "North America Solid Oxide Fuel Cells Market By Type (Tubular and Planar), By Application (Stationary, Transportation, and Portable), By Country (USA, Canada and Mexico), Competition Forecast and Opportunities, 2013-2023" report has been added to...

Insightful Forecast on Zinc Air Fuel Cells Market by Industry Expert with Emerging Technology During 2018 – 2026 key player like AFC Fuel cell, Ballard Fuel Cell Products and Bloom Energy Corp

The report firstly introduced the Zinc Air Fuel Cells (ZAFC) basics: definitions, classifications, applications and industry chain overview; industry policies and plans; product specifications; manufacturing processes; cost structures and so on. Then it analyzed the world's main region market condit…

The Ratings Game: Bloom Energy stock slammed as earnings and guidance disappoint

Clean-energy provider posted a wider-than-expected net loss as stock-based compensation costs rose sharply, while storms and wildfires caused project delays.

Bloom Energy reports narrower Q3 loss, but misses sales expectations

Shares of Bloom Energy Corp. fell slightly in the extended session Monday after the clean-energy company reported a narrower-than-expected third-quarter loss but its sales fell short of the mark. Bloom said it lost $79 million, or 97 cents a share, compared with a loss of $72 million, or $6.97 a sh…

Bloom Energy shares down 7% as Credit Suisse keeps sell rating on stock

Shares of Bloom Energy lost 7% on Friday as analysts at Credit Suisse kept the equivalent of a sell rating on the stock and a price target of $24, which represents 20% downside over Friday prices. In a note Friday, the analysts, led by Michael Weinstein, highlighted Bloom's fuel-cell improvements in…

The Ratings Game: Bloom Energy gets thumbs-up from Wall Street following July IPO

Bloom Energy’s stock run-up post IPO sets Wall Street on a cautiously optimistic view of the clean-energy company.
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Bloom Energy Company Life and Culture

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Bloom Energy Frequently Asked Questions

  • When was Bloom Energy founded?

    Bloom Energy was founded in 2001.

  • Who are Bloom Energy key executives?

    Bloom Energy's key executives are KR Sridhar, Randy Furr and Susan Brennan.

  • How many employees does Bloom Energy have?

    Bloom Energy has 1,452 employees.

  • What is Bloom Energy revenue?

    Latest Bloom Energy annual revenue is $376 m.

  • What is Bloom Energy revenue per employee?

    Latest Bloom Energy revenue per employee is $259 k.

  • Who are Bloom Energy competitors?

    Competitors of Bloom Energy include FuelCell Energy, Plug Power and General Electric.

  • Where is Bloom Energy headquarters?

    Bloom Energy headquarters is located at 1299 Orleans Drive, Sunnyvale.

  • Where are Bloom Energy offices?

    Bloom Energy has offices in Sunnyvale, Newark, Mumbai, Hyderabad and in 2 other locations.

  • How many offices does Bloom Energy have?

    Bloom Energy has 6 offices.