Sector: Industrials | Industry: Heavy Electrical Equipment |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 4353 N 1st St SAN JOSE CA 95134-1259 |
Tel: | N/A |
Website: | https://www.bloomenergy.com |
IR: | See website |
Key People | ||
K. R. Sridhar Chairman of the Board, Chief Executive Officer, Founder | Deepak Shukla Head of Service and Systems Operations | Daniel Berenbaum Chief Financial Officer |
Satish Chitoori Chief Operating Officer | Sonja Wilkerson Chief People Officer | Carlton Cottuli Senior Vice President '�� Development Engineering |
Ravi Prasher Chief Technology Officer | Aman Joshi Chief Commercial Officer | James Roth Head of Government Affairs and Policy | Timothy Schweikert Head of International Sales |
Business Overview |
Bloom Energy Corporation provides technology solutions to customers. The Company manufactures advanced and versatile energy platforms, which deliver two products: the Bloom Energy Server and the Bloom Electrolyzer. With over 1.2 gigawatts of Energy Servers operating in more than 1,200 locations and seven countries. Its solid oxide fuel cell technology platform is the foundation for its Energy Servers and Electrolyzers. Its power generation platform, the Bloom Energy Server, is designed to deliver reliable, resilient, clean and affordable energy for utilities and organizations alike. The Energy Server platform can be utilized in various applications: Carbon capture, Combined heat & power, Waste to Energy and Marine Fuel Cells. The Bloom Electrolyzer is designed to produce hydrogen solutions based on the same solid oxide platform as its Energy Server. The Bloom Electrolyzer is ideal for applications across gas, utilities, nuclear, concentrated solar, ammonia and heavy industries. |
Financial Overview |
For the six months ended 30 June 2024, Bloom Energy Corp revenues decreased 1% to $571.1M. Net loss decreased 13% to $119.3M. Revenues reflect Total revenue from contract with custome decrease of 7% to $379.7M, Electricity decrease of 29% to $28.2M. Lower net loss reflects Sales and marketing - Balancing value decrease of 38% to $26.1M (expense), Research and development decrease of 13% to $61.8M (expense). |
Employees: | 2,377 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,292M as of Jun 30, 2024 |
Annual revenue (TTM): | $1,328M as of Jun 30, 2024 |
EBITDA (TTM): | -$100.35M as of Jun 30, 2024 |
Net annual income (TTM): | -$283.80M as of Jun 30, 2024 |
Free cash flow (TTM): | -$405.14M as of Jun 30, 2024 |
Net Debt Last Fiscal Year: | $981.38M as of Jun 30, 2024 |
Shares outstanding: | 227,643,371 as of Aug 5, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |