Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a power generation platform that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels, into electricity through an electrochemical process without combustion. It serves data centers, hospitals, healthcare manufacturing facilities, biotechnology facilities, grocery stores, hardware stores, banks, telecom facilities and other critical infrastructure applications. The company was formerly known as Ion America Corp. and changed its name to Bloom Energy Corporation in September 2006. Bloom Energy Corporation was incorporated in 2001 and is headquartered in San Jose, California.

Bloom Energy Corporation

Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid-oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information,
visit www.bloomenergy.com.

The Bloom Energy Server is a distributed electric power solution built for the digital age and capable of delivering highly reliable, uninterrupted, 24x7 constant power that is also clean and sustainable. Bloom’s unique on-site power generation systems are among the most efficient on the planet, providing significantly reduced operating costs and producing dramatically lower greenhouse gas emissions. By generating power where it is consumed, Bloom Energy offers increased electrical reliability and improved energy security, providing a clear path to energy independence.

Some of the largest companies in the world trust Bloom Energy to provide their businesses with clean, reliable and resilient energy. Bloom’s customers include many Fortune 100 companies and leaders in manufacturing, data centers, healthcare, retail, higher education, utilities, and other industries.

The company, headquartered in San Jose, California, is growing quickly and looking to add to its dynamic team. Stay up to date with Bloom Energy through our social channels.

Follow us on Twitter: https://twitter.com/Bloom_Energy 
Subscribe to our YouTube channel: http://www.youtube.com/bloomenergy 
Like us on Facebook: https://www.facebook.com/bloomenergy 
Follow us on Instagram: @bloomenergy

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Bloom Energy

⚡The U.S. faces challenges in ensuring uninterrupted electricity supply, especially for critical industries like #datacenters. It's time to explore innovative solutions. The answer? Fuel cells 💡.

Fuel cells act as standalone power producers, generating #cleanelectricity without relying on extensive transmission and distribution networks. ⚗ They harness a chemical reaction process to create power without burning fuel. 

💚That means #fuelcells offer reliability, energy security, and environmental benefits like:

🏭 Distributed power generation: Fuel cells produce #electricity where it's consumed, reducing the risks associated with traditional power generation. 

🌿 Fuel cells convert natural gas, biogas, and hydrogen to electricity efficiently and without combustion, lowering carbon emissions.

🛡️ Fuel cells enhance national security. Their distributed nature makes them less vulnerable to attacks, ensuring power resilience for critical infrastructure.

🌐Neil Chatterjee shares how fuel cells offer a path to a reliable, secure, and #sustainable energy future in his #OpEd: https://lnkd.in/eAv8FSxN 

Together, we can drive changes that prioritize this "definite necessity" for electric reliability. 

#FuelCells #CleanEnergy #ElectricReliability #TogetherWeCan

Ten years ago, our budding team in Delaware had a mission: create an innovative #fuelcell factory, develop a 21st century workforce, and become an integral part of the Delaware community. 🌎 This week we celebrate each of those goals as we commemorate 10 years of operations, growth, and manufacturing in Newark, Delaware.👨🏭

We want to give a huge thank you to the 1000+ people who came out to celebrate, including employees, veterans, community members, and public officials. 

Special thanks to Governor John Carney, Lt. Governor Dr. Bethany Hall-Long, the Delaware Army National Guard, Delaware State Chamber of Commerce, Delaware State University President Tony Allen, University of Delaware President Dennis Assanis, and Delaware Technical Community College President Mark Brainard for their continued support of the local community that fosters the talent pipeline we have cultivated at our facility. 

We are committed to future #growth, delivering the low carbon, clean energy the world needs for the transition to #netzero. 

Follow us on LinkedIn as we deliver on our mission to make abundant clean energy affordable for all!

#BEinDelaware #ManufacturingJobs #CleanEnergy #ClimateTech

On Tuesday 10/10 we celebrate our 10th anniversary manufacturing #fuelcells in Delaware 🎊🎇! Over a decade, we've powered economic growth and impact in the state. Some of our highlights include:

🌳 Commitment to #sustainability. Last year we celebrated opening our high-capacity electrolyzer production line, ready to deliver #cleanhydrogen for a green future.
🎖 Supporting our veterans. Bloom is honored to hire veterans, whose dedication, discipline and skills strengthen our team. 
🏫 Building the leaders of tomorrow. Our partnership with local universities including University of Delaware and Delaware Technical Community College means we continue to nurture and work with the bright students who will solve the challenges of the future 💡 . 

We're incredibly thankful for the support of our employees, community, partners and Delaware team. Together we have built a story of growth, innovation and progress over the last 10 years. 

We look forward to the next 10 years of powering progress too🌎⚡ 
#BEinDelaware #BeTheSolution #BloomEnergy

How much can family impact career paths? Hear from Rudy Ruvalcaba and Santina Carranza on the people and things that power them as we continue to honor Hispanic Heritage Month at Bloom.

🔊 Santina speaks to the importance of workplace #culture and mission to career growth. 

🎤 Rudy shares how family and cultural values motivate him to work for a better future - for both his family and the planet 🌎 

Watch their dialogue below!
#WhatPowersYou #HispanicHeritageMonth

Between extreme weather events and global efforts to cap temperature rise, there's increasing attention on the technologies needed for wide-scale decarbonization, and #hydrogen is one of them. 

While direct electrification is one tool to #decarbonize many applications, it doesn't cover everything. 🔋 Imagine flying an airplane around the globe with a heavy battery. ✈  Instead, 10-20% of the future #cleanenergy needs will likely be satisfied by other sources, such as clean hydrogen. 

Bloom Energy's Rick Beuttel, Head of Business Development, recently joined Ed Crooks on Wood Mackenzie's The Energy Gang podcast to discuss incentives for a successful, low-carbon hydrogen industry. 

🎧Hear below how a clean hydrogen economy advances decarbonization of heavy industry, and where Bloom's commercial-ready technology comes into play⚡ https://lnkd.in/gh7hG_tP

As the longest-serving woman in U.S. Senate history, Dianne Feinstein worked tirelessly to protect many of California's iconic landmarks and advance clean energy technology in the state. 

In her quest to combat climate change and protect the natural environment, we had the fortune of meeting Senator Feinstein years ago. We were honored to experience her dedication to her values, her support for innovative climate tech solutions and her service to the communities she served. 

We will long remember her and cherish her legacy.

Bloom's new Series 10 offering with CHP is packaged to help heavy industry decarbonize, and the U.S. Department of Energy (DOE)'s “Pathways to Commercial Liftoff” series illuminates the niche needs of these industries.

The Pathways initiative aims to catalyze commercialization of technologies critical to reaching #netzero.  

Their most recent reports show that U.S. industry is lagging on emissions cuts. See some highlights from the reports below and how Bloom’s #Series10 can help these industries make swift progress on #decarbonization goals.

🏭 Chemical and refinery industries leave the biggest carbon footprint, with 7% of the world's CO2 equivalent emissions being attributed to these two sectors.
🏗 As a stand-alone focus of the report, the cement industry is responsible for as much as 2% of U.S. carbon dioxide emissions and 8% of CO2 globally.

But Bloom's Series 10, built around our highly efficient, fuel flexible #fuelcell platform, could be the solution for many businesses - especially industries that use CHP to generate the process steam needed for their operations. 

Learn more in our latest LinkedIn blog: https://lnkd.in/gnYHrTsf

This year, we're celebrating the 10th anniversary of our Newark Manufacturing and Assembly Center in #Delaware. We're proud to call this community a home for #CleanEnergy technology production.

After investing in an empty lot that used to be an auto plant, we've grown our facility in Newark to:
💵 $97 million in economic impact from our operations
⚡ 15,000 Energy Servers delivered
👩🏭 750+ employees

Read more about our economic impact in the state in Delaware Business Now/Bird Street Media, authored by Barry Sharpe and Tyrone Jones: https://lnkd.in/gmUPVhi7

#CleanTech #manufacturing  #BEinDelaware

As El Nino ramps up this season, meteorologists predict a “substantially elevated chance of a wet winter” in California. We want to share some helpful information so you can know how #microgrids help vulnerable communities keep their lights on with resilient power independent from the grid.

⚡ Microgrids can use battery storage systems which will store energy and deploy it when needed, like during outages or periods of high grid demand. 
⚡ Microgrids can be powered using renewable energy sources which are more affordable than traditional fuel options and will help with the growing energy poverty issue.

💡 Interested in learning more? Check out this article from the Bloom Energy newsroom detailing how our #fuelcells are helping take Americas largest producer of fresh food off the grid.

https://lnkd.in/ghA6Pj2n 

#cleanenergy #extremeweather #PSPS

In July, Bloom Energy announced Series 10, a groundbreaking new way of buying power that disrupts the traditional electricity model. 

⚡Series 10 is our solution to real customer needs and the flexibility that today’s market demands, with short-term, five-year, flat-rate contracts and zero upfront costs. 

💸With a flat rate as low as 9.9 cents per kilowatt-hour, Bloom offers a cost-effective solution that gives #businesses the freedom to take charge of their electricity needs without worrying about cost increases.

Another highlight: our #fuelcells are deployed in as little as 50 days, so you don’t have to wait to see the results of your investment. Series 10 is installed, operated, and maintained by us, without any additional cost or hassle to our customers.

Eager to dive deeper into Series 10? Be part of the transformation at https://hubs.li/Q01-B8580. 🚀 

#BloomEnergy #Series10 #PoweringTheFuture

	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
net income	-336.32M -	-262.60M 21.92%	-259.49M 1.18%	-323.47M 24.65%	-179.09M 44.63%	-193.37M 7.97%	-315.09M 62.95%	-307.94M 2.27%
depreciation and amortization	43.10M -	46.10M 6.97%	43.46M 5.74%	78.58M 80.82%	52.28M 33.47%	53.45M 2.25%	61.61M 15.25%	62.61M 1.62%
deferred income tax	11.95M -	-6.84M 157.24%	20.30M 396.86%	87.74M 332.18%	15.56M 82.26%	14.93M 4.09%		137.05M -
stock based compensation	28.16M -	30.48M 8.25%	180.28M 491.50%	196.29M 8.88%	73.89M 62.36%	73.27M 0.84%	112.26M 53.20%	84.48M 24.75%
change in working capital	-63.27M -	78.44M 223.98%	-68.61M 187.47%	96.50M 240.65%	-73.19M 175.85%	-19.99M 72.69%	-186.84M 834.72%	-440.36M 135.69%
accounts receivables	-701K -	4.85M 791.73%	-54.57M 1,225.39%	51.95M 195.20%	-61.69M 218.73%	8.57M 113.89%	-162.86M 2,000.40%	-89.89M 44.81%
inventory	-209K -	-7.11M 3,299.52%	-42.22M 494.17%	18.43M 143.64%	-33.00M 279.13%	-885K 97.32%	-124.88M 14,010.51%	-231.69M 85.53%
accounts payables	4.81M -	7.08M 47.20%	18.31M 158.72%	-11.31M 161.78%	-620K 94.52%	13.13M 2,218.06%	86.50M 558.68%	-29.08M 133.62%
other working capital	-67.16M -	73.62M 209.61%	9.87M 86.59%	37.44M 279.33%	22.11M 40.93%	-40.81M 284.53%	14.40M 135.29%	-89.70M 722.86%
other non cash items	33.55M -	47.24M 40.81%	25.64M 45.73%	28.12M 9.67%	11.86M 57.84%	11.02M 7.01%	136.34M 1,136.74%	91.63M 32.79%
net cash provided by operating activities	-282.83M -	-67.18M 76.25%	-58.42M 13.04%	163.77M 380.35%	-98.69M 160.26%	-60.68M 38.52%	-191.72M 215.95%	-372.53M 94.31%
investments in property plant and equipment	-8.98M -	-5.14M 42.76%	-17.91M 248.54%	-51.05M 184.97%	-37.91M 25.74%	-49.81M 31.38%	-116.82M 134.54%	-83.74M 28.32%
acquisitions net			3.26M -	107.17M 3,191.46%	6.51M 93.92%	3.11M 52.19%	-9.19M 394.96%	6.99M 176.14%
purchases of investments		-29.04M -	-103.91M 257.79%	-103.91M 0%
sales maturities of investments		2.25M -	27M 1,100%	104.50M 287.04%
other investing activites			-3.26M -	-3.26M 0%	-6.51M 100.03%		9.19M -	-6.98M 175.98%
net cash used for investing activites	-8.98M -	-31.93M 255.64%	-94.83M 196.96%	53.45M 156.36%	-37.91M 170.94%	-46.70M 23.17%	-116.82M 150.18%	-83.72M 28.33%
debt repayment	-33.16M -	-21.42M 35.40%	-20.16M 5.88%	-130.43M 546.98%	-189.49M 45.28%	-137.02M 27.69%	-162.68M 18.73%	-209.84M 28.98%
common stock issued	1.24M -	432K 65.11%	294.05M 67,967.13%	12.71M 95.68%	23.49M 84.78%	89.79M 282.23%	400.68M 346.24%	16.95M 95.77%
common stock repurchased							4.18M -
dividends paid
other financing activites	315.30M -	82.79M 73.74%	-20.77M 125.09%	-2.60M 87.50%	341.92M 13,271.15%	353.60M 3.42%	-30.81M 108.71%	876.24M 2,943.82%
net cash used provided by financing activities	283.38M -	61.81M 78.19%	253.12M 309.54%	-120.31M 147.53%	175.93M 246.22%	306.38M 74.15%	211.36M 31.01%	683.35M 223.30%
effect of forex changes on cash						-594K -	434K 173.06%	-281K 164.75%
net change in cash	-8.42M -	-37.30M 342.92%	99.87M 367.73%	96.90M 2.97%	39.32M 59.42%	198.40M 404.56%	-96.75M 148.76%	226.81M 334.44%
cash at beginning of period	226.34M -	217.91M 3.72%	180.61M 17.12%	280.49M 55.30%	377.39M 34.55%	416.71M 10.42%	615.11M 47.61%	518.37M 15.73%
cash at end of period	217.91M -	180.61M 17.12%	280.49M 55.30%	377.39M 34.55%	416.71M 10.42%	615.11M 47.61%	518.37M 15.73%	745.18M 43.76%
operating cash flow	-282.83M -	-67.18M 76.25%	-58.42M 13.04%	163.77M 380.35%	-98.69M 160.26%	-60.68M 38.52%	-191.72M 215.95%	-372.53M 94.31%
capital expenditure	-8.98M -	-5.14M 42.76%	-17.91M 248.54%	-51.05M 184.97%	-37.91M 25.74%	-49.81M 31.38%	-116.82M 134.54%	-83.74M 28.32%
free cash flow	-291.81M -	-72.32M 75.22%	-76.33M 5.55%	112.72M 247.67%	-136.61M 221.19%	-110.49M 19.12%	-308.55M 179.25%	-456.27M 47.88%

NYSE:BE

Bloom Energy Corporation

Last Close

12.23

17/05 20:00

Market Cap

2.79B

Beta: 2.86

Volume Today

3.94M

Avg: 2.57M

PE Ratio

−6.49

PFCF: −4.00