GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Bloom Energy Corp (WBO:BE) » Definitions » Gross Profit

Bloom Energy (WBO:BE) Gross Profit : €254 Mil (TTM As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Bloom Energy Gross Profit?

Bloom Energy's gross profit for the three months ended in Sep. 2024 was €71 Mil. Bloom Energy's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was €254 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bloom Energy's gross profit for the three months ended in Sep. 2024 was €71 Mil. Bloom Energy's Revenue for the three months ended in Sep. 2024 was €298 Mil. Therefore, Bloom Energy's Gross Margin % for the quarter that ended in Sep. 2024 was 23.83%.

Bloom Energy had a gross margin of 23.83% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 8 years, the highest Gross Margin % of Bloom Energy was 22.07%. The lowest was -49.63%. And the median was 13.63%.

Warning Sign:

Bloom Energy Corp gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Bloom Energy Gross Profit Historical Data

The historical data trend for Bloom Energy's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bloom Energy Gross Profit Chart

Bloom Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 87.83 136.28 174.86 139.98 181.38

Bloom Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.89 84.72 35.03 63.66 70.94

Competitive Comparison of Bloom Energy's Gross Profit

For the Electrical Equipment & Parts subindustry, Bloom Energy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bloom Energy's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bloom Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bloom Energy's Gross Profit falls into.



Bloom Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Bloom Energy's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1222.792 - 1041.415
=181

Bloom Energy's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=297.689 - 226.75
=71

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €254 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Bloom Energy's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=71 / 297.689
=23.83 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Bloom Energy  (WBO:BE) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bloom Energy had a gross margin of 23.83% for the quarter that ended in Sep. 2024 => Competition eroding margins


Bloom Energy Gross Profit Related Terms

Thank you for viewing the detailed overview of Bloom Energy's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Bloom Energy Business Description

Traded in Other Exchanges
Address
4353 North First Street, San Jose, CA, USA, 95134
Bloom Energy designs, manufactures, sells, and installs solid-oxide fuel cell systems ("Energy Servers") for on-site power generation. Bloom Energy Servers are fuel-flexible and can use natural gas, biogas, and hydrogen to create 24/7 electricity for stationary applications. In 2021, the company announced plans to leverage its technology and enter the electrolyzer market. Bloom primarily sells its systems in the United States and internationally.