BE · 10-Q · 2026Q1 · Full report

Liquidity and Cash Position

Bloom Energy Corp · 2026-04-29 · Importance 60 · Surprise 24

As of March 31, 2026 Bloom Energy reported unrestricted cash and cash equivalents of $2,491.4 million (money market funds of $2,431.0 million) and recourse debt of $2,598.7 million. Management states the combination of cash on hand and expected operating cash flow is expected to be sufficient to meet anticipated cash flow needs for at least the next 12 months, but notes it may seek additional equity or debt financing if needed. The filing discloses no amounts outstanding under the Revolving Credit Facility as of March 31, 2026 and that certain prior financings (0% Notes and Green Notes) supplemented liquidity in prior quarters. Bloom describes monitoring counterparty credit exposure and diversification of short-term investments to minimize cash-investment risk.

Key facts

• As of March 31, 2026, unrestricted cash and cash equivalents: $2,491.4 million
• As of December 31, 2025, unrestricted cash and cash equivalents: $2,454.1 million
• As of March 31, 2026, money market funds balance: $2,431.0 million
• As of December 31, 2025, money market funds balance: $2,386.6 million
• Cash proceeds from issuance of common stock for the three months ended March 31, 2026: $15,800 thousand
• Repayment of financing obligations for the three months ended March 31, 2026: $8,000 thousand
• Net cash used in investing activities for the three months ended March 31, 2026: $(45,939) thousand
• Cash used in investing activities increased by $31.7 million year-over-year for the three months ended March 31, 2026

Impact estimates