Bloom Energy vs Nextpower
Nextpower reported revenue of $3.6 billion in fiscal 2026, 1.8 times Bloom Energy's $2.0 billion in fiscal 2025. Bloom Energy's revenue grew 37.3% in its latest year, and Nextpower's grew 20.3%. Bloom Energy had an operating margin of 3.6%, against 19.6% at Nextpower. Free cash flow was $57 million at Bloom Energy and $514 million at Nextpower. Their fiscal years end in different months (December 31 and March 31), so the periods don't line up exactly.
Side by side
| Bloom Energy | Nextpower | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2026, Mar 31, 2026 |
| Revenue | $2.0B | $3.6B |
| Revenue growth | 37.3% | 20.3% |
| Revenue growth a year, last 5 years | 20.6% | — |
| Gross margin | 29.0% | 32.6% |
| Operating margin | 3.6% | 19.6% |
| Net margin | −4.3% | 16.5% |
| Free cash flow | $57M | $514M |
| Free cash flow margin | 2.8% | 14.4% |
| Return on capital | 5.8% | 54.5% |
| Net debt to EBITDA | 1.4x | −1.5x |
| Dividends and buybacks | $1M | $0M |
| Change in diluted share count | 5.7% | 2.3% |
| Last close | $203.92 | $76.48 |
| P/E at the last close | 124.3× | 19.8× |
| Insider trades, last 12 months | sold $165.2 million | sold $52.6 million |
| Piotroski F-score | 5 of 9 | 3 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Bloom EnergyNextpower
Operating margin
Percent of revenue
Bloom EnergyNextpower
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Bloom EnergyNextpower
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Bloom Energy and Nextpower pages.