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Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.07B | $751.05M | $777.68M | $519.05M | $401.24M | $326.02M | $572.39M | $330.40M |
| Cost of revenue | $709.79M | $525.51M | $537.79M | $367.37M | $294.12M | $237.31M | $353.08M | $251.67M |
| Gross profit | $355.57M | $225.54M | $239.90M | $151.68M | $107.12M | $88.71M | $219.32M | $78.73M |
| Gross margin | 33.4% | 30.0% | 30.8% | 29.2% | 26.7% | 27.2% | 38.3% | 23.8% |
| Research and development | $58.87M | $56.85M | $55.89M | $48.72M | $40.77M | $40.61M | $39.47M | $36.32M |
| Selling, general and administrative | $114.46M | $96.51M | $96.48M | $95.11M | $69.86M | $67.17M | $75.15M | $52.07M |
| Operating expenses | $173.34M | $153.35M | $152.37M | $143.83M | $110.63M | $107.78M | $114.61M | $88.39M |
| Operating income | $182.24M | $72.19M | $87.53M | $7.85M | −$3.50M | −$19.07M | $104.71M | −$9.65M |
| Operating margin | 17.1% | 9.6% | 11.3% | 1.5% | -0.9% | -5.8% | 18.3% | -2.9% |
| EBITDA | $195.98M | $85.47M | $100.71M | $20.57M | $9.09M | −$7.08M | $118.59M | $3.60M |
| Interest income | $20.88M | $20.60M | $13.60M | $5.29M | $6.62M | $8.55M | $4.93M | $6.46M |
| Interest expense | −$8.91M | −$8.60M | −$10.65M | −$14.39M | −$14.44M | −$14.41M | −$15.95M | −$16.76M |
| Income before taxes | $200.33M | $74.14M | $2.38M | −$22.62M | −$41.18M | −$22.98M | $105.54M | −$14.52M |
| Income taxes | $1.47M | $445.00K | $952.00K | $336.00K | $1.02M | $431.00K | $382.00K | $109.00K |
| Net income | $198.86M | $73.69M | $1.43M | −$22.96M | −$42.19M | −$23.41M | $105.16M | −$14.63M |
| Net margin | 18.7% | 9.8% | 0.2% | -4.4% | -10.5% | -7.2% | 18.4% | -4.4% |
| EPS, basic | $0.68 | $0.25 | $0.00 | −$0.10 | −$0.18 | −$0.10 | $0.46 | −$0.06 |
| EPS, diluted | $0.62 | $0.23 | $0.00 | −$0.10 | −$0.18 | −$0.10 | $0.46 | −$0.06 |
| Diluted shares | 323.33M | 319.71M | 263.93M | 234.93M | 232.54M | 230.21M | 228.75M | 227.96M |
Figures describe Bloom Energy shares, not any token. As of Jul 28, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.