BLOOM ENERGY CORPORATION (BE) FY2024 Annual P&L / Income Statement

Income StatementCash FlowBalance Sheet

Revenue by Product and Service

2024-01-01 to 2024-12-31

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BLOOM ENERGY CORPORATION (BE) FY2024 Annual P&L / Income StatementIncome statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETProduct revenueService revenueInstallation revenueElectricity revenueTotal revenueGross profitTotal cost of revenueProduct cost of revenueService cost of revenueInstallation cost of revenueElectricity cost of revenueIncome (loss) from operationsTotal operating expensesGeneral and administrativeResearch and developmentSales and marketingLoss before income taxesOther income (expense), net (calculated)Net lossIncome tax provisionIncome (loss) from operationsIncome (loss)from operations$22.91 MLoss before income taxesLoss beforeincome taxes−$26.36 MTotal revenueTotal revenue$1.47 BGross profitGross profit$404.65 MNet lossNet loss−$27.20 MTotal operating expensesTotal operatingexpenses$381.74 MIncome tax provisionIncome taxes$846.00 KGeneral and administrativeGeneral and administrative$165.11 MProduct revenueProduct$1.09 BTotal cost of revenueTotal cost of revenue$1.07 BResearch and developmentResearch and development$148.63 MSales and marketingSales and marketing$68.01 MService revenueService$213.54 MOther income (expense), net (calculated)Other income,net (calculated)−$49.27 MProduct cost of revenueProduct$685.85 MInstallation revenueInstallation$122.32 MElectricity revenueElectricity$52.84 MService cost of revenueService$214.96 MInstallation cost of revenueInstallation$129.45 MElectricity cost of revenueElectricity$38.95 M
Chart details

BLOOM ENERGY CORPORATION (BE) FY2024 Annual P&L / Income Statement

Income statement for 2024-01-01 through 2024-12-31. View: Product and service. Revenue and costs use their disclosed categories.

Total revenue
1,473,856,000 US dollars
Total cost of revenue
1,069,208,000 US dollars
Gross profit
404,648,000 US dollars
Total operating expenses
381,739,000 US dollars
Income (loss) from operations
22,909,000 US dollars
Other income (expense), net (calculated)
negative 49,266,000 US dollars
Loss before income taxes
negative 26,357,000 US dollars
Income tax provision
846,000 US dollars
Net loss
negative 27,203,000 US dollars
Product revenue
1,085,153,000 US dollars
Installation revenue
122,318,000 US dollars
Service revenue
213,542,000 US dollars
Electricity revenue
52,843,000 US dollars
Product cost of revenue
685,847,000 US dollars
Installation cost of revenue
129,446,000 US dollars
Service cost of revenue
214,961,000 US dollars
Electricity cost of revenue
38,954,000 US dollars
Research and development
148,629,000 US dollars
Sales and marketing
68,005,000 US dollars
General and administrative
165,105,000 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to BLOOM ENERGY CORPORATION: −$29.23 M; to noncontrolling interests: $2.02 M.
BLOOM ENERGY CORPORATION (BE) FY2024 Annual P&L / Income Statement Sankey chart
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Gross margin

27.5%

Gross profit / revenue

Operating margin

1.6%

Operating profit / revenue

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