Bloom Energy's solid oxide fuel cell (SOFC) technology is the core business, providing on-site distributed power generation for data centers, commercial buildings, and industrial facilities. The key competitive advantage is deployment speed: SOFCs install in 6-12 months behind the meter, while grid...

Bloom Energy's solid oxide technology is bidirectional: it can generate electricity from natural gas (fuel cell mode) or produce hydrogen from electricity (electrolyzer mode). This dual capability provides significant optionality on the green hydrogen economy. Bloom's solid oxide electrolyzers...

Bloom Energy's service segment provides long-term service agreements (LTSAs) for its installed base of fuel cell systems. The segment has achieved 8 consecutive quarters of profitability, reaching 20% gross margin in Q4 2025. The $14B service backlog provides exceptional long-term revenue...