Bloom Energy BE
Share count +5.7% in a year
XBRL, latest 10-KNew shares against shares bought back
Dilution: new shares, stock pay and buybacks · S-3 and 424B, 3 years; 10-K
Shares offered
Since Nov 15, 2023: 2 shelf registrations; also 1 resale by holders.
- Sep 13, 2024 Shelf registration: shares and other securities, amount not fixed S-3ASR
- Sep 12, 2024 Shelf registration: shares and other securities, amount not fixed S-3
Every offering filing“Selling Securityholders From time to time, we may offer and sell the securities identified above, and the selling securityholders may offer and sell shares of our Class A common stock, $0.0001par value per share (“Class A common stock”), identified above (including up to an aggregate of 23,491,701 shares of Class A common stock by the Selling Securityholders identified in the “Selling Securityholders” section of …”
S-3ASR, Sep 13, 2024
Paid in stock
-
no stock-based pay line in the 10-K XBRL, year to Dec 31, 2025; shares sold for $59.1M in cash
Bought back
-
no buyback line in the 10-K XBRL, year to Dec 31, 2025
Diluted shares: 240.40M in the year to Dec 31, 2025 2025 +5.7%2024 +6.9%2023 +14.4%2022 +7.2%
Change in the diluted weighted average share count from the fiscal year before, stock splits taken out. Bars use one scale for stock pay and buybacks. Prospectuses are read from their cover page; preliminary ones are left out. How
Where the cash came from and where it went
FY2021 to FY2025, from the cash flow statements in the 10-Ks, added up
The same cash, step by step
Came from
| Debt raised ProceedsFromIssuanceOfDebt, 0001628280-24-005035; ProceedsFromIssuanceOfDebt, 0001628280-25-008747; ProceedsFromIssuanceOfDebt, 0001628280-26-006516 |
$3.7B |
| Shares sold ProceedsFromIssuanceOfCommonStock, 0001628280-24-005035; ProceedsFromIssuanceOfCommonStock, 0001628280-25-008747; ProceedsFromIssuanceOfCommonStock, 0001628280-26-006516 |
$193.5M |
Went to
| Operating cash flow (outflow) NetCashProvidedByUsedInOperatingActivities, 0001628280-24-005035; NetCashProvidedByUsedInOperatingActivities, 0001628280-25-008747; NetCashProvidedByUsedInOperatingActivities, 0001628280-26-006516 |
$419.0M |
| Capital spending PaymentsToAcquirePropertyPlantAndEquipment, 0001628280-24-005035; PaymentsToAcquirePropertyPlantAndEquipment, 0001628280-25-008747; PaymentsToAcquirePropertyPlantAndEquipment, 0001628280-26-006516 |
$366.0M |
| Dividends PaymentsOfDividends, 0001628280-25-008747; PaymentsOfDividends, 0001628280-26-006516 |
$2.4M |
| Added to cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0001628280-24-005035; CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0001628280-25-008747; CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect, 0001628280-26-006516 |
$2.1B |
| Other, net investments bought and sold, other financing and investing lines, and exchange rates |
$1.0B |
Each number is a line of the cash flow statement as the company tagged it. "Other, net" is what those lines do not cover (investments bought and sold, other financing and investing lines, and exchange rates); Tickdelta does not estimate it.
Where the operating cash went, year by year
FY2016 to FY2025 · cash flow statements, 10-K XBRL
| Fiscal year | Operating cash | Capital spending | Dividends |
|---|---|---|---|
| Dec 31, 2025 | $113.9M | $56.8M | $947K |
| Dec 31, 2024 | $92.0M | $58.9M | $1.5M |
| Dec 31, 2023 | -$372.5M | $83.7M | - |
| Dec 31, 2022 | -$191.7M | $116.8M | - |
| Dec 31, 2021 | -$60.7M | $49.8M | - |
| Dec 31, 2020 | -$98.8M | $37.9M | - |
| Dec 31, 2019 | $163.8M | $51.1M | - |
| Dec 31, 2018 | -$91.9M | $45.2M | - |
| Dec 31, 2017 | -$92.0M | $61.5M | - |
| Dec 31, 2016 | -$282.8M | $9.0M | - |
| Added up | -$820.8M | $570.6M | $2.4M |
Each bar is one fiscal year; its colours add up to what the cash flow statement says the company spent on each line, and the line across it is that year's operating cash flow. Spending above the line was paid from new debt, shares sold or cash on hand. A bar part links to the 10-K it comes from. A line the company did not report is left out, not estimated, so the shares are of operating cash only and can add up to more or less than 100%. Debt repaid is the gross amount, so refinanced debt is counted each time it is repaid. A reading aid, not a grade: Tickdelta does not say whether a split was good. Banks and insurers are left out.
Buybacks, dividends and share count
Year by year · XBRL, each 10-K
| Fiscal year to | Buybacks | Dividends | Diluted shares |
|---|---|---|---|
| Dec 31, 2025 | - | $947K | 240.40M |
| Dec 31, 2024 | - | $1.5M | 227.37M |
| Dec 31, 2023 | - | $0 | 212.68M |
| Dec 31, 2022 | - | $0 | 185.91M |
| Dec 31, 2021 | - | - | 173.44M |
From the XBRL of the 10-Ks (cash flow statement and diluted weighted average shares); each year as reported in the latest 10-K that includes it. Concepts: dividends = PaymentsOfDividends; issuance = ProceedsFromIssuanceOfCommonStock; diluted_shares = WeightedAverageNumberOfDilutedSharesOutstanding.
What the 10-Ks show for each CEO's years
Each CEO's years · the CEO of each fiscal year as named in the proxy's pay versus performance table
KR Sridhar
- Operating cash flow
- $113.9M
- Capital spending
- $56.8M
- Dividends
- $947K
- Diluted shares since FY2024
- +5.7%
- Revenue since FY2024
- +37%
- Debt since FY2024
- +$1.4B
- CEO pay (reported)
- $3.5M
Sources
The cash flow statement, dividends per share and diluted share count in each 10-K's XBRL; Part II Item 2 of each 10-Q for monthly buybacks; offering prospectuses (S-3, 424B) for new shares; Form D data sets for private raises.
Also
CEO pay: what the CEO was paid over the same years.
Work with it
Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/BE/export.csv") into a cell.