Bloom Energy Corp
For the period ended Dec 31, 2025. Filed Feb 9, 2026.
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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$185.42-4.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 15. Exhibits and Financial Statement Schedules
(a) The following documents are filed as part of this report:
- Financial Statements
See “Index to Consolidated Financial Statements and Supplementary Data” within the Consolidated Financial Statements herein.
- Financial Statement Schedules
All financial statement schedules have been omitted since the required information was not applicable or was not present in amounts sufficient to require submission of the schedules, or because the information required is included in the consolidated financial statements or the accompanying notes.
- Exhibits
See the following Index to Exhibits.
Index to Exhibits
The exhibits listed below are filed or incorporated by reference as part of this Annual Report on Form 10-K.
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| Exhibit Number | Description | Form | File No. | Exhibit | Filing Date |
| 3.1 | Restated Certificate of Incorporation | 10-Q | 001-38598 | 3.1 | 9/7/2018 |
| 3.2 | Certificate of Amendment to the Restated Certificate of Incorporation of Bloom Energy Corporation | 10-Q | 001-38598 | 3.1 | 8/9/2022 |
| 3.3 | Certificate of Amendment to the Certificate of Designation of Series B Redeemable Convertible Preferred Stock | 8-K | 001-38598 | 3.1 | 4/18/2023 |
| 3.4 | Certificate of Withdrawal of Certificate of Designation of Series A Redeemable Convertible Preferred Stock | 10-Q | 001-38598 | 3.3 | 5/9/2023 |
| 3.5 | Certificate of Retirement for Class B Common Stock | 10-Q | 001-38598 | 3.2 | 11/8/2023 |
| 3.6 | Certificate of Elimination of Certificate of Designations of Series B Convertible Preferred Stock | 10-Q | 001-38598 | 3.3 | 11/8/2023 |
| 3.7 | Amended and Restated Bylaws, as effective August 7, 2024 | 10-Q | 001-38598 | 3.7 | 8/8/2024 |
| 4.1 | Form of Common Stock Certificate of the Registrant | S-1/A | 333-225571 | 4.1 | 7/9/2018 |
| 4.2 | Description of Company’s securities registered pursuant to Section 12 of the Securities Exchange Act of 1934, as amended | Filed herewith | |||
| 4.3 | Indenture, dated as of May 16, 2023, between Bloom Energy Corporation and U.S. Bank Trust Company, National Association, as trustee | 8-K | 001-38598 | 4.1 | 5/16/2023 |
| 4.4 | Form of certificate representing the 3.00% Green Convertible Senior Notes due 2028 (included as Exhibit A the preceding exhibit) | 8-K | 001-38598 | 4.1 | 5/16/2023 |
| 4.5 | Indenture, dated as of May 29, 2024, between Bloom Energy Corporation and U.S. Bank Trust Company, National Association, as trustee | 8-K | 001-38598 | 4.1 | 5/29/2024 |
| 4.6 | Form of certificate representing the 3.00% Green Convertible Senior Notes due 2029 (included as Exhibit A to the preceding exhibit) | 8-K | 001-38598 | 4.1 | 5/29/2024 | |
| 4.7 | Irrevocable Proxy of SK ecoplant Co., LTD. | 10-K | 001-38598 | 4.7 | 2/27/2025 | |
| 4.8 | Indenture, dated as of November 4, 2025, between Bloom Energy Corporation and U.S. Bank Trust Company, National Association, as trustee | 8-K | 001-38598 | 4.1 | 11/4/2025 | |
| 4.9 | Form of certificate representing the 0% Convertible Senior Notes due 2030 (included as Exhibit A to the preceding exhibit) | 8-K | 001-38598 | 4.1 | 11/4/2025 | |
| 10.1 | ^ | 2012 Equity Incentive Plan and form of agreements used thereunder | S-1 | 333-225571 | 10.3 | 6/12/2018 |
| 10.2 | ^ | 2018 Equity Incentive Plan and form of agreements used thereunder | S-1/A | 333-225571 | 10.4 | 7/9/2018 |
| 10.3 | ^ | Amended and Restated 2018 Employee Stock Purchase Plan | 8-K | 001-38598 | 10.1 | 5/16/2022 |
| 10.4 | ^ | Form of Performance-Based Stock Unit Agreement under 2018 Equity Incentive Plan | 10-K | 001-38598 | 10.46 | 2/25/2022 |
| 10.5 | ^ | Form of Performance Stock Option Agreement under 2018 Equity Incentive Plan | 10-Q | 001-38598 | 10.3 | 5/9/2024 |
| 10.6 | Ground Lease, dated as of March 2012, by and between the Company and 1743 Holdings, LLC | S-1 | 333-225571 | 10.8 | 6/12/2018 | |
| 10.7 | Net Lease Agreement, dated as of April 4, 2018, by and between the Company and 237 North First Street Holdings, LLC | S-1 | 333-225571 | 10.29 | 6/12/2018 | |
| 10.8 | First Amendment to Net Lease Agreement, dated as of April 18, 2018, by and between the Company and 237 North First Street Holdings, LLC | Filed herewith | ||||
| 10.9 | Second Amendment to Net Lease Agreement, dated as of June 24, 2019, by and between the Company and 237 North First Street Holdings, LLC | Filed herewith | ||||
| 10.10 | Third Amendment to Net Lease Agreement, dated as of June 6, 2021, by and between the Company and SPUS9 237 at First Street, LP | 10-Q | 001-38598 | 10.2 | 8/6/2021 | |
| 10.11 | Fourth Amendment to Net Lease Agreement, dated as of October 20, 2021, by and between the Company and SPUS9 237 at First Street, LP | Filed herewith | ||||
| 10.12 | Lease Agreement between Pacific Commons Owner, LP, and Bloom Energy Corporation entered into as of March 13, 2021 | 10-Q | 001-38598 | 10.1 | 5/6/2021 | |
| 10.13 | * | Amended and Restated Preferred Distributor Agreement, dated October 23, 2021, by and among the Company, Bloom SK Fuel Cell, LLC, and SK ecoplant Co., Ltd. | 10-Q | 001-38598 | 10.2 | 11/5/2021 |
| 10.14 | First Amendment to the Amended and Restated Preferred Distributor Agreement, dated September 29, 2023, among the Company, SK Fuel Cell, LLC, and SK ecoplant Co., Ltd. | 8-K | 001-38598 | 10.1 | 12/22/2023 | |
| 10.15 | * | Second Amendment to the Amended and Restated Preferred Distributor Agreement, dated December 21, 2023, among the Company, SK Fuel Cell, LLC, and SK ecoplant Co., Ltd. | 8-K | 001-38598 | 10.2 | 12/22/2023 |
| 10.16 | Third Amendment to the Amended and Restated Preferred Distribution Agreement, dated March 27, 2024, among the Company, SK Fuel Cell, LLC, and SK ecoplant Co., Ltd. | 10-Q | 001-38598 | 10.1 | 5/9/2024 | |
| 10.17 | Securities Purchase Agreement, dated October 23, 2021, by and between the Company and SK ecoplant Co., Ltd. | 8-K | 001-38598 | 10.1 | 10/25/2021 | |
| 10.18 | Investor Agreement, dated December 29, 2021, by and between the Company and SK ecoplant Co., Ltd. | 8-K | 001-38598 | 10.1 | 12/30/2021 | |
| 10.19 | Amendments to Securities Purchase Agreement and Investor Agreement, dated March 20, 2023, between the Company and SK ecoplant Co., Ltd. | 8-K | 001-38598 | 10.1 | 3/23/2023 | |
| 10.20 | * | Preferred Distributor Agreement by and between the Company and SK D&D Co., Ltd dated January 30, 2019 | 10-K | 001-38598 | 10.44 | 2/26/2021 |
| 10.21 | * | Amended and Restated Joint Venture Agreement, dated September 15, 2023, by and between the Company and SK ecoplant Co., Ltd. | Filed herewith | |||
| 10.22 | * | Master Supply Agreement, dated December 24, 2021, by and between the Company and SK E&C BETEK Corporation | 10-K | 001-38598 | 10.51 | 2/25/2022 |
| 10.23 | ^ | Form of Indemnification Agreement | 10-Q | 001-38598 | 10.1 | 9/7/2018 |
| 10.24 | ^ | Bloom Energy Corporation 2021 Deferred Compensation Plan | 10-K | 001-38598 | 10.26 | 2/26/2021 |
| 10.25 | ^ | Form of Employment, Change in Control and Severance Agreement | 10-Q | 001-38598 | 10.5 | 8/6/2021 |
| 10.26 | Form of Confirmation of Call Option Transaction, between Bloom Energy Corporation and each Option Counterparty | 8-K | 001-38598 | 10.1 | 5/16/2023 | |
| 10.27 | ^ | Offer Letter between the Company and Aman Joshi, dated January 5, 2024 | 8-K | 001-38598 | 10.1 | 1/9/2024 |
| 10.28 | Credit Agreement, dated as of December 19, 2025, among the Company, as the Parent Borrower, Wells Fargo Bank, National Association, as Administrative Agent, Collateral Agent, and L/C Issuer, and the lenders party thereto | 8-K | 001-38598 | 10.1 | 12/23/2025 | |
| 19.1 | Insider Trading Policies and Procedures | 10-K | 001-38598 | 19.1 | 2/27/2025 | |
| 21.1 | List of Subsidiaries | Filed herewith | ||||
| 23.2 | Consent of Independent Registered Public Accounting Firm, Deloitte & Touche LLP | Filed herewith | ||||
| 31.1 | Certification of Chief Executive Officer pursuant to Rules 13a-14(a) and 15d-14(a) of the Securities and Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | Filed herewith | ||||
| 31.2 | Certification of Chief Financial Officer pursuant to Rules 13a-14(a) and 15d-14(a) of the Securities and Exchange Act of 1934, as amended, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 | Filed herewith | ||||
| 32.1 | ** | Certifications of the Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 | Furnished herewith | |||
| 97 | Policy on Recoupment and Forfeiture of Incentive Compensation Following a Restatement (Officers) | 10-K | 001-38598 | 97 | 2/27/2025 | |
| 101.INS | XBRL Instance Document- the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document | Filed herewith | ||||
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document | Filed herewith |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document | Filed herewith |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document | Filed herewith |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document | Filed herewith |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document | Filed herewith |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) |
| ^ | Management contracts or compensation plans or arrangements in which directors or executive officers are eligible to participate. |
|---|---|
| * | Certain identified information has been omitted by means of marking such information with asterisks in reliance on Item 601(b)(10)(iv) of Regulation S-K because it is both (i) not material and (ii) the type that the registrant treats as private or confidential. |
| ** | The certifications furnished in Exhibit 32.1 hereto are deemed to accompany this Annual Report on Form 10-K and will not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended. |
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