Bloom Energy Corporation reported its financial results for the fourth quarter ended December 31, 2024, on February 27, 2025. The company achieved record revenue of $572.393 million for the quarter.
The fourth quarter also saw a consolidated non-GAAP gross margin of 39.3% and Adjusted EBITDA of $147.3 million, both representing new all-time highs for the company. For the full year 2024, total revenue reached $1.47 billion.
Bloom Energy reiterated its full-year 2025 guidance, projecting revenue in the range of $1.65 billion to $1.85 billion. Non-GAAP gross margin is expected to be approximately 29%, and non-GAAP operating income is guided to be between $135 million and $165 million.
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