Filing Flows › Bloom Energy (BE) › Q3 2025
Bloom Energy (BE) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 28, 2025
Bloom Energy (BE) reported revenue of $519M for the third quarter 2025 (Q3 2025), +57% from a year earlier and +29% from the quarter before. Operating margin was 1.5%, net loss $23.0M (4.4% of revenue).
Bloom Energy, Q3 2025: revenue $519M (+57% year over year), operating margin 1.5%, net loss $23.0M, operating cash flow $19.7M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $519M | +29% | +57% |
| Operating profit | $7.8M | — | — |
| Net earnings | −$23.0M | — | — |
| Operating cash flow | $19.7M | — | — |
| Free cash flow | $7.4M | — | — |
What changed
Revenue was $519.0M in Q3 2025, up 57% year over year and up 29% from the previous quarter. Product was the largest line at 74% of revenue. Product added $150.5M year over year (up 64%), 80% of the total change. Electricity declined 11%.
Gross margin was 29.2%, up 5.4 points from a year earlier. Operating profit was $7.8M, a 1.5% margin (up 4.4 points year over year). Operating expenses grew 63% against revenue growth of 57%. The fastest-growing cost line was Sales & marketing (+186%). The quarter ended with a net loss of $23.0M, narrower than the previous quarter's $42.2M loss. Net interest and other expense of $30.5M was the main reason.
Operating cash flow was $19.7M. Non-cash charges added back $12.8M of depreciation. Working capital and other items added $29.8M. Capital expenditures of $12.3M left free cash flow of $7.4M.
Questions
What was Bloom Energy's revenue in the third quarter 2025?
Bloom Energy (BE) reported revenue of $519M for the third quarter 2025 (Q3 2025), +57% from a year earlier and +29% from the quarter before.
Was Bloom Energy profitable in the third quarter 2025?
Operating profit was $7.8M (1.5% of revenue) and net loss $23.0M.
Source: Bloom Energy 10-Q on SEC EDGAR.