Bloom Energy manufactures and installs on-site distributed power generators worldwide. The Company has developed an on-site primary (base load) power generation system called a Bloom Energy Server based on proprietary fuel cell technology that provides a reliable, clean and cost-effective alternative to the traditional electric power grid. This solution is designed to help businesses become more resilient and reduce uncertainty from grid dependence. Bloom Energy's technology provides significantly reduced operating costs and produces lower greenhouse gas emissions.
Type
Public
HQ
Sunnyvale, US
Founded
2001
Size (employees)
1,409 (est)
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 New York, Mumbai, Los Angeles, Bristol and in 6 other locations
Sunnyvale, US (HQ)
1299 Orleans Drive
Newark, US
200 Christina Pkwy
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Bloom Energy Financials and Metrics

Bloom Energy Financials

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)

169.4 m

Gross profit (Q1, 2018)

43.7 m

Gross profit margin (Q1, 2018), %

25.8%

Net income (Q1, 2018)

(22.3 m)

EBIT (Q1, 2018)

5.7 m

Cash (31-Mar-2018)

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

Revenue

172.9 m208.5 m376 m

Revenue growth, %

21%80%

Cost of goods sold

354.6 m312 m394 m

Gross profit

(181.7 m)(103.5 m)(18 m)
Quarterly
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

156.6 m103.8 m

Accounts Receivable

35.2 m30.3 m

Prepaid Expenses

23.4 m26.7 m

Inventories

83.2 m90.3 m
Quarterly
USDQ1, 2018

Cash

88.2 m

Accounts Receivable

58.5 m

Prepaid Expenses

27.8 m

Inventories

97.1 m
Annual
USDFY, 2016FY, 2017

Net Income

(279.7 m)(262.6 m)

Depreciation and Amortization

43.1 m46.1 m

Inventories

(209 k)(7.1 m)

Accounts Payable

4.8 m7.1 m
Quarterly
USDQ1, 2017Q1, 2018

Net Income

(59.5 m)(17.7 m)

Depreciation and Amortization

11.9 m10.8 m

Inventories

(29.1 m)(6.8 m)

Accounts Payable

(2.4 m)(827 k)
USDY, 2018

Revenue/Employee

120.2 k
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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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