Company / R&D Expense
Bloom Energy Corp R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$186.0M
FY2025
5-year range
$83.6M / $186.0M
FY2021-FY2025
Trend
+25.1%
vs FY2024
Sector context
#49 of 174
Industrials
What the data says
At $186M, Bloom Energy Corp's r&d expense ranks #49 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $47M in FY2016 to $186M in FY2025.
Based on SEC 10-K filings.
$186M in FY2025 with a 5-year CAGR of +17.3%.
Improved from $156M to $186M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +30.6%
- 5-Year CAGR
- +17.3%
- 10-Year CAGR
- -
Sector benchmark
#49 of 174 in IndustrialsTop 28% of 174This company $186.0M Sector average $273.7M
▼
-32.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +17.3%, indicating consistent growth.
- In FY2025, r&d expense increased 25.1% year-over-year.
- Ranks #49 out of 174 companies in the Industrials sector.
- Lowest r&d expense in the period was in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.34 (distress zone, below 1.8 threshold)
- Negative profit margin: -20.5%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $186.0M | +25.1% |
| FY2024 | $148.6M | -4.6% |
| FY2023 | $155.9M | +86.5% |
| FY2022 | $83.6M | -19.2% |
| FY2021 | $103.4M | +23.7% |
| FY2020 | $83.6M | -19.8% |
| FY2019 | $104.2M | +16.9% |
| FY2018 | $89.1M | +74.3% |
| FY2017 | $51.1M | +9.2% |
| FY2016 | $46.8M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026