Bloom Energy Corporation (BE) financial statements (2022 and earlier)

Company profile

Business Address 4353 NORTH FIRST STREET
SAN JOSE, CA 95134
State of Incorp. DE
Fiscal Year End December 31
SIC 362 - Electrical Industrial Apparatus (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments396247203325
Cash and cash equivalents396247203221
Short-term investments   104
Net investment in lease 5 
Restricted cash and investments93523129
Receivables931054586
Inventory, net of allowances, customer advances and progress billings143142110132
Inventory143142110132
Contract with customer, asset25   
Deferred costs25415862
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases6
Other undisclosed current assets31252633
Total current assets:806619473673
Noncurrent Assets
Finance lease, right-of-use asset30 
Operating lease, right-of-use asset10736 
Net investment in lease 45 
Property, plant and equipment 601607481
Long-term investments and receivables   67
Capital leases, lessor balance sheet, net investment in direct financing and sales type leases67
Intangible assets, net (including goodwill)2   
Goodwill2   
Restricted cash and investments12711714431
Deferred costs127103
Other noncurrent assets39354235
Other undisclosed noncurrent assets641(0)51 
Total noncurrent assets:919836850717
TOTAL ASSETS:1,7261,4541,3231,390
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities73585667
Accounts payable73585667
Debt2712133830
Other liabilities1141127070
Other undisclosed current liabilities129145111113
Total current liabilities:342436574280
Noncurrent Liabilities
Long-term debt and lease obligation609312299711
Long-term debt, excluding current maturities501270299711
Finance lease, liability20 
Operating lease, liability10642 
Liabilities, other than long-term debt17174666
Other liabilities17122856
Derivative instruments and hedges, liabilities 51810
Other undisclosed noncurrent liabilities550547572242
Total noncurrent liabilities:1,1768779161,019
Total liabilities:1,5191,3131,4901,299
Temporary equity, carrying amount2090057
Stockholders' equity
Stockholders' equity attributable to parent(44)79(260)(92)
Common stock0000
Additional paid in capital3,2193,1832,6872,481
Accumulated other comprehensive income (loss)(0)(0)00
Accumulated deficit(3,263)(3,104)(2,946)(2,572)
Stockholders' equity attributable to noncontrolling interest426291125
Total stockholders' equity:(2)141(168)33
TOTAL LIABILITIES AND EQUITY:1,7261,4541,3231,390

Income statement (P&L) ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues972794785742
Revenue from related parties16822832
Cost of revenue(775)(628)(688)(625)
Gross profit:19816698117
Operating expenses(312)(247)(330)(271)
Operating loss:(115)(81)(233)(154)
Nonoperating income (expense)(8)(7)63
Investment income, nonoperating0164
Other nonoperating income (expense)(8)(8)1(1)
Interest and debt expense(69)(92)(100)(86)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 04(22)
Loss from continuing operations before equity method investments, income taxes:(191)(179)(323)(258)
Other undisclosed loss from continuing operations before income taxes(1)   
Loss from continuing operations before income taxes:(192)(179)(323)(258)
Income tax expense(1)(0)(1)(2)
Net loss:(193)(179)(323)(259)
Net income attributable to noncontrolling interest  1918
Other undisclosed net income attributable to parent2922  
Net loss attributable to parent:(164)(158)(304)(242)
Preferred stock dividends and other adjustments  (2) 
Net loss available to common stockholders, diluted:(164)(158)(307)(242)

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net loss:(193)(179)(323)(259)
Other comprehensive income (loss)15(7)(0)2
Comprehensive loss:(179)(186)(324)(257)
Comprehensive income, net of tax, attributable to noncontrolling interest14281916
Other undisclosed comprehensive loss, net of tax, attributable to parent  (19) 
Comprehensive loss, net of tax, attributable to parent:(165)(158)(324)(241)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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