Bloom Energy Corp
For the period ended Dec 31, 2025. Filed Feb 9, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 9, 2026
BE$193.88+11.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of
Consolidated Statements of Changes in Stockholders’ Equity
(in thousands, except share data)
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · Accumulated Deficit · Total Equity Attributable to Common Stockholders · Noncontrolling Interest · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balances at December 31, 2024 | 229,142,474 | $23 | $4,462,659 | $(2,593) | $(3,897,618) | $562,471 | $22,745 | $585,216 |
| Issuance of restricted stock awards | 5,184,791 | 1 | — | — | — | 1 | — | 1 |
| ESPP purchase | 1,073,929 | — | 11,354 | — | — | 11,354 | — | 11,354 |
| Exercise of stock options | 2,098,714 | — | 47,768 | — | — | 47,768 | — | 47,768 |
| Stock-based compensation | — | — | 140,222 | — | — | 140,222 | — | 140,222 |
| Accrued dividend | — | — | — | — | (1,024) | (1,024) | — | (1,024) |
| Legal reserve | — | — | — | — | 93 | 93 | — | 93 |
| Premium on convertible debt (Note 8) | — | — | 28,247 | — | — | 28,247 | — | 28,247 |
| Conversion of 2.5% Green Notes to common stock (Note 8) | 137,606 | — | 2,230 | — | — | 2,230 | — | 2,230 |
| Induced conversion of convertible notes (Note 8) | 42,407,945 | 4 | 47,538 | — | — | 47,542 | — | 47,542 |
| Share-based consideration payable to customer’s customer (Note 3) | — | — | 15,947 | — | — | 15,947 | — | 15,947 |
| Foreign currency translation adjustment | — | — | — | 2,224 | — | 2,224 | 283 | 2,507 |
| Net (loss) income | — | — | — | — | (88,434) | (88,434) | 1,294 | (87,140) |
| Balances at December 31, 2025 | 280,045,459 | $28 | $4,755,965 | $(369) | $(3,986,983) | $768,641 | $24,322 | $792,963 |
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · AccumulatedDeficit · Total Equity Attributable to Common Stockholders · NoncontrollingInterest · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balances at December 31, 2023 | 224,717,533 | $21 | $4,370,343 | $(1,687) | $(3,866,599) | $502,078 | $18,592 | $520,670 |
| Issuance of restricted stock awards | 3,067,129 | 2 | — | — | — | 2 | — | 2 |
| ESPP purchase | 1,049,955 | — | 10,344 | — | — | 10,344 | — | 10,344 |
| Exercise of stock options | 307,857 | — | 2,021 | — | — | 2,021 | — | 2,021 |
| Stock-based compensation | — | — | 79,951 | — | — | 79,951 | — | 79,951 |
| Contributions from noncontrolling interest (Note 12) | — | — | — | — | — | — | 3,958 | 3,958 |
| Accrued dividend | — | — | — | — | (1,620) | (1,620) | — | (1,620) |
| Legal reserve | — | — | — | — | 147 | 147 | — | 147 |
| Subsidiary liquidation | — | — | — | — | (319) | (319) | — | (319) |
| Foreign currency translation adjustment | — | — | — | (906) | — | (906) | (1,829) | (2,735) |
| Net (loss) income | — | — | — | — | (29,227) | (29,227) | 2,024 | (27,203) |
| Balances at December 31, 2024 | 229,142,474 | $23 | $4,462,659 | $(2,593) | $(3,897,618) | $562,471 | $22,745 | $585,216 |
| Common Stock · Additional Paid-In Capital · Accumulated Other Comprehensive Loss · AccumulatedDeficit · Total Equity attributable to Common Stockholders · NoncontrollingInterest · Total Stockholders’ Equity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Shares · Amount | ||||||||
| Balances at December 31, 2022 | 205,664,690 | $20 | $3,906,491 | $(1,251) | $(3,564,483) | $340,777 | $38,039 | $378,816 |
| Issuance of restricted stock awards | 4,160,416 | — | — | — | — | — | — | — |
| ESPP purchase | 875,695 | — | 13,363 | — | — | 13,363 | — | 13,363 |
| Exercise of stock options | 525,031 | — | 3,582 | — | — | 3,582 | — | 3,582 |
| Stock-based compensation | — | — | 87,076 | — | — | 87,076 | — | 87,076 |
| Contributions from noncontrolling interest (Note 11) | — | — | — | — | — | — | 6,979 | 6,979 |
| Distributions and payments to noncontrolling interest (Note 11) | — | — | — | — | — | — | (2,265) | (2,265) |
| Buyout of noncontrolling interest (Note 11) | — | — | 11,482 | — | — | 11,482 | (18,346) | (6,864) |
| Derecognition of the pre-modification forward contract fair value (Note 17) | — | — | 76,242 | — | — | 76,242 | — | 76,242 |
| Equity component of redeemable convertible preferred stock (Note 17) | — | — | 16,145 | — | — | 16,145 | — | 16,145 |
| Purchase of capped call related to convertible notes (Note 8) | — | — | (54,522) | — | — | (54,522) | — | (54,522) |
| Conversion of redeemable convertible preferred stock (Note 17) | 13,491,701 | 1 | 310,484 | — | — | 310,485 | — | 310,485 |
| Foreign currency translation adjustment | — | — | — | (436) | — | (436) | 6 | (430) |
| Net loss | — | — | — | — | (302,116) | (302,116) | (5,821) | (307,937) |
| Balances at December 31, 2023 | 224,717,533 | $21 | $4,370,343 | $(1,687) | $(3,866,599) | $502,078 | $18,592 | $520,670 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.