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 three months ended 31 March 2024, Bloom Energy Corp revenues decreased 14% to $235.3M. Net loss decreased 20% to $57.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Sales and marketing - Balancing value decrease of 46% to $11.5M (expense), Research and development decrease of 18% to $30.4M (expense). |
Employees: | 2,377 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $3,294M as of Mar 31, 2024 |
Annual revenue (TTM): | $1,294M as of Mar 31, 2024 |
EBITDA (TTM): | -$137.27M as of Mar 31, 2024 |
Net annual income (TTM): | -$288.07M as of Mar 31, 2024 |
Free cash flow (TTM): | -$283.69M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | $774.44M as of Mar 31, 2024 |
Shares outstanding: | 227,020,024 as of May 7, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |