Quick Answer
Bloom Energy Corp reported R&D Expense of $185.99 million for fiscal year 2025.
Bloom Energy Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $185.99M | +25.1% |
| 2024 | $148.63M | -4.6% |
| 2023 | $155.87M | +3.5% |
| 2022 | $150.61M | +45.7% |
| 2021 | $103.40M | +23.7% |
| 2020 | $83.58M | -19.8% |
| 2019 | $104.17M | +16.9% |
| 2018 | $89.14M | +74.3% |
| 2017 | $51.15M | +9.2% |
| 2016 | $46.85M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $48.72M | +34.2% | +19.5% |
| June 30, 2025 | $40.77M | +9.1% | +0.4% |
| March 31, 2025 | $40.61M | +14.4% | +11.8% |
| September 30, 2024 | $36.31M | +3.4% | -2.8% |
| June 30, 2024 | $37.36M | -10.0% | +5.3% |
| March 31, 2024 | $35.48M | -22.3% | +1.0% |
| September 30, 2023 | $35.13M | -2.8% | -15.3% |
| June 30, 2023 | $41.49M | -0.3% | -9.2% |
- Bloom Energy Corp showed an increase of +25.1% in R&D Expense compared to the prior fiscal year.
- Over the 2016–2025 period, Bloom Energy Corp’s r&d expense has grown by 297.0% (from $46.85 million to $185.99 million).
- The most recent figure is from Bloom Energy Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 9, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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