Bloom Energy Corporation (BE)财务
NYSE · Industrials · Electrical Equipment & Parts · 员工2,214人 · CEO K. R. Sridhar
- 股价
- $203.17 -8.61%
- 市值
- $600亿
- 企业价值
- $603亿
- 最近财报
- Q3 '26 2026-10-22提交
- 下次财报
- 2027-02-04 EPS预期 $1.06
营收(TTM)$38.3亿+110.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)14.8%+7.8 百分点 对比去年同期营业利润 $5.67亿
净利润(TTM)$5.18亿+3,294.5% 对比去年同期税后,含营业外收益
自由现金流(TTM)$4.4亿+225.6% 对比去年同期资本支出 $2.54亿
稀释EPS(TTM)$1.63+9,029.5% 对比去年同期最近4个季度之和
净现金-$2.95亿+67.8% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $600亿 EV $603亿
- 营收
- $38.3亿 过去12个月
- 营收增速
- +119% FY2026年一致预期
- 净利润率
- 13.5% 净利润 / 营收,TTM
- P/E
- 113.9× 预期 64.1×(FY2026)
- P/S
- 15.7× 股价 / 营收,TTM
- EV / EBITDA
- 97.9× TTM
- 自由现金流
- $4.4亿 过去12个月
- 净利润
- $5.18亿 过去12个月
- 营收预期
- $44.4亿 FY2026年一致预期
- 盈利
- 2027-02-04 营收预期 $14.2亿
- 股息
- – 无股息
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-22):营收超预期15.4%,EPS 超预期36.0%营收$12.4亿,预期$10.7亿(+15.4%);EPS $0.94,预期$0.69(+36.0%)。
- 营收增长加速:同比138.1%Q3 '26营收$12.4亿,此前四个季度的平均值为97.2%。
- 营业利润率14.8%(TTM),较去年同期+7.8 百分点营收增长110.6%,营业利润增长344.1%。
- 资本支出占营收的6.6%(去年为2.5%)最近4个季度投入$2.54亿(同比+465.9%)。自由现金流$4.4亿,相当于净利润的84.9%。
- 股东回报$92.5万 = 自由现金流的0.2%回购$0(去年为$0),股息$92.5万,股权激励$1.05亿(TTM)。
- 稀释股数一年内增加38.0%Q3 '26稀释股数3.24亿,一年前为2.35亿。
- 净债务 $2.95亿现金 + 短期投资 $24.9亿,含租赁债务 $27.8亿;一年前净债务 $9.18亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $12.4亿 | $5.19亿 | +138.1% |
| 毛利率 | 33.8% | 29.2% | +4.5 百分点 |
| 营业利润 | $2.25亿 | $785万 | +2,773.4% |
| 营业利润率 | 18.2% | 1.5% | +16.7 百分点 |
| 净利润 | $2.5亿 | -$2310万 | +1,183.8% |
| 稀释EPS | $0.78 | -$0.10 | +893.5% |
| 经营现金流 | -$2710万 | $1970万 | -238.0% |
| 资本支出 | $1.53亿 | $1230万 | +1,147.8% |
| 自由现金流 | -$1.81亿 | $737万 | -2,551.6% |
| R&D | $6410万 | $4870万 | +31.7% |
| 股权激励费用 | $5720万 | $3730万 | +53.6% |
实际 vs 一致预期
2026-10-22| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $12.4亿 | $10.7亿 | +15.4% |
| EPS(一致预期口径) | $0.94 | $0.69 | +36.0% |
来自2026-10-22发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Product | $10.7亿 | +179.4% | 86.6% | $33亿 | +107.5% | |
| Service | $6760万 | +15.3% | 5.4% | $2.6亿 | -4.9% | |
| Installation | $8900万 | +35.2% | 7.2% | $2.45亿 | +13.5% | |
| Electricity | $982万 | -5.2% | 0.8% | $3990万 | -46.9% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $6.94亿
- 资本支出
- -$2.54亿
- 股票回购
- $0
- 股息
- -$92.5万
- 收购
- $3.6万
- 债务净发行
- $14.4亿
- 股权激励费用
- $1.05亿
- 自由现金流
- $4.4亿
- 股东回报 / FCF
- 0.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 113.9× | – | – |
| EV / EBITDA | 97.9× | 566.7× 5年中的2年 | 64.7× – 1,068.6× |
| EV / 营收 | 15.8× | 5.1× | 3.0× – 10.6× |
| 股价 / FCF | 136.4× | 258.8× 5年中的2年 | 152.3× – 365.2× |
| 股价 / 净资产 | 31.0× | 13.2× 5年中的4年 | 6.3× – 27.2× |
| FCF收益率 | 0.7% | -5.0% | -14.5% – 0.7% |
| 投入资本回报率 | 10.7% | -6.7% | -17.8% – 1.9% |
| 净资产收益率 | 39.6% | 41.1% | -88.4% – 371.0% |
分析师
一致目标价 $293.06 (+44.2%)
区间 $176.00 – $351.00 · 评级 Buy
强烈买入0
买入17
持有12
卖出3
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $44.4亿 | +119.4% | $3.17 | +956.4% | 64.1× | 14 |
| FY2027 | $71.9亿 | +61.9% | $5.33 | +68.3% | 38.1× | 16 |
| FY2028 | $105亿 | +46.1% | $8.60 | +61.3% | 23.6× | 16 |
| FY2029 | $132亿 | +25.5% | $11.15 | +29.6% | 18.2× | 13 |
| FY2030 | $156亿 | +18.2% | $13.77 | +23.5% | 14.8× | 13 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Bloom Energy Corporation在近期10-Q / 10-K文件中标记的全部293项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $4.93亿 | $1.67亿 | +194.6% | $2.03亿 | $9270万 | +119.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $6.35亿 | $4.12亿 | +54.2% | $3.72亿 | $3.36亿 | +10.7% |
| Accounts Receivable, Allowance for Credit Loss | $300万 | $45.9万 | +553.2% | $46万 | $11.9万 | +286.6% |
| Accounts Receivable, Credit Loss Expense (Reversal) | $34万2025-09-30 | $160万 | -78.8% | $400万2024-12-31 | $550万 | -27.3% |
| Accrued Income Taxes, Current | $296万 | $147万 | +101.6% | $212万 | $78.4万 | +169.8% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$45.7万 | -$118万 | +61.2% | -$36.9万 | -$259万 | +85.8% |
| Additional Paid in Capital | $54亿 | $46.4亿 | +16.4% | $47.6亿 | $44.6亿 | +6.6% |
| Adjustments to Additional Paid in Capital, Increase in Carrying Amount of Redeemable Preferred Stock | – | – | – | -$1610万2023-12-31 | – | – |
| Adjustments to Additional Paid in Capital, Warrant Issued | – | – | – | $1590万 | – | – |
| AdjustmentToAdditionalPaidInCapitalConvertibleDebtInstrumentIssuedAtSubstantialPremium | $02025-12-31 | – | – | $2820万 | – | – |
| Amortization of Debt Issuance Costs and Discounts | $318万 | $181万 | +75.3% | $825万 | $680万 | +21.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | -588万2025-12-31 | 490万 | -219.9% | 6940万 | 6130万 | +13.1% |
| APIC, Share-based Payment Arrangement, Option, Increase for Cost Recognition | $5630万 | $3740万 | +50.7% | $1.4亿 | $8000万 | +75.4% |
| Asset Impairment Charges | – | – | – | $1270万 | $0 | – |
| Assets | $65.7亿 | $26.4亿 | +149.1% | $44亿 | $26.6亿 | +65.5% |
| Assets, Current | $52.1亿 | $20.5亿 | +154.3% | $37.3亿 | $20.4亿 | +82.5% |
| Assets, Fair Value Disclosure | $5.24亿2025-09-30 | $4.67亿 | +12.3% | $6.01亿2023-12-31 | $2.92亿 | +105.9% |
| Capital Expenditures Incurred but Not yet Paid | $737万 | -$202万 | +464.8% | $372万 | $165万 | +126.0% |
| Capitalized Contract Cost, Net, Noncurrent | $2520万 | $1330万 | +89.4% | $1910万 | $1340万 | +42.9% |
| Cash and Cash Equivalents, at Carrying Value | $24.9亿 | $5.95亿 | +317.9% | $24.5亿 | $8.03亿 | +205.7% |
| Cash and Cash Equivalents, Fair Value Disclosure | $23.7亿 | – | – | $23.9亿 | $7.49亿 | +218.5% |
| Cash Provided by (Used in) Operating Activities, Discontinued Operations | $1970万2025-09-30 | – | – | – | – | – |
| Cash Reserve Deposit Required and Made | $30.5万 | $30万 | +1.7% | $37.6万 | $34.8万 | +8.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $25.1亿 | $6.27亿 | +300.0% | $24.8亿 | $9.51亿 | +161.0% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$1.8亿 | $2100万 | -960.2% | $15.3亿 | $2.06亿 | +643.8% |
| Common Stock, Par or Stated Value Per Share | $0.00 | – | – | $0.002018-12-31 | $0.00 | -100.0% |
| Common Stock, Shares Authorized | 6亿 | – | – | 02018-12-31 | 1.13亿 | -100.0% |
| Common Stock, Shares, Issued | 2.96亿 | – | – | 02018-12-31 | 1040万 | -100.0% |
| Common Stock, Shares, Outstanding | 2.96亿 | – | – | 02018-12-31 | 1040万 | -100.0% |
| Common Stock, Value, Issued | $3万 | $2.4万 | +25.0% | $2.8万 | $2.3万 | +21.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $156万 | -$44万 | +454.5% | $158万 | $19.5万 | +708.7% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | -$2350万2025-09-30 | -$1420万 | -64.9% | -$3010万2024-12-31 | -$3.03亿 | +90.0% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $2.51亿 | -$2390万 | +1,150.1% | -$8460万 | -$2990万 | -182.7% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $8.59亿 | $2.59亿 | +231.7% | $2.41亿 | $1.45亿 | +66.1% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $7.93亿 | $2.59亿 | +206.3% | $1.79亿 | $1.45亿 | +23.3% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $6580万 | – | – | $6230万 | $0 | – |
| Contract with Customer, Asset, Reclassified to Receivable | $3350万 | $3160万 | +6.0% | $1.03亿 | $3430万 | +199.5% |
| Contract with Customer, Liability | $9300万 | $5370万 | +73.3% | $6560万 | $6630万 | -1.0% |
| Contract with Customer, Performance Obligation Satisfied in Previous Period | $4.64亿 | $1.61亿 | +188.6% | $1.83亿 | $1.28亿 | +42.3% |
| Contract with Customer, Receivable, after Allowance for Credit Loss | $6.35亿 | $4.12亿 | +54.2% | $3.72亿 | $3.36亿 | +10.7% |
| Conversion of Stock, Amount Issued | – | – | – | $0 | $0 | – |
| Cost of Goods and Services Sold | $750万 | $240万 | +212.5% | $1800万 | $2120万 | -15.1% |
| Cost of Revenue | $8.19亿 | $3.67亿 | +122.9% | $14.4亿 | $10.7亿 | +34.4% |
| Current Federal Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Current Foreign Tax Expense (Benefit) | – | – | – | $239万 | $118万 | +101.9% |
| Current Income Tax Expense (Benefit) | – | – | – | $263万 | $117万 | +124.8% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $24.1万 | -$1.3万 | +1,953.8% |
| Debt Issuance Costs, Current, Net | $74万 | – | – | – | – | – |
| Debt Issuance Costs, Noncurrent, Net | $238万 | – | – | $341万 | $0 | – |
| Deferred Costs, Current | $9570万 | $2410万 | +297.4% | $3070万 | $5880万 | -47.9% |
| Deferred Costs, Noncurrent | $2190万 | $343万 | +536.8% | $410万 | $363万 | +13.0% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $10.8万 | -$32.3万 | +133.4% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $10.8万 | -$32.3万 | +133.4% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $0 | $0 | – |
| Deferred Tax Assets, Gross | $9.4亿2025-12-31 | $8.82亿 | +6.6% | $9.4亿 | $8.82亿 | +6.6% |
| Deferred Tax Assets, in Process Research and Development | $6340万2025-12-31 | $7120万 | -11.0% | $6340万 | $7120万 | -11.0% |
| Deferred Tax Assets, Investments | $1120万2025-12-31 | $0 | – | $1120万 | $0 | – |
| Deferred Tax Assets, Net | $193万 | $185万 | +4.3% | $178万 | $189万 | -5.7% |
| Deferred Tax Assets, Net of Valuation Allowance | $6760万2025-12-31 | $6540万 | +3.4% | $6760万 | $6540万 | +3.4% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02