布鲁姆能源 2025年度报告

BLOOM ENERGY CORPORATION(Exact name of registrant as specified in its charter)________________________________________________________________________ 77-0565408 (I.R.S. Employer Identification No.) (Zip Code) (408) 543-1500(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:Title of Each ClassTrading Symbol(s)Name of each exchange on which registeredClass A Common Stock, $0.0001 par valueBENew York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None.________________________________________________________________________ Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesNo Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past 90 days.YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany.See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financialaccounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☑ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect thecorrection of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo The aggregate market value of the registrant’s Class A common stock held by non-affiliates of the registrant was approximately $3.9billion based upon the closing price of$23.92 per share of our Class A common stock on the New York Stock Exchange on June30, 2025 (the last trading day of the registrant’s most recently completed secondquarter). Shares of Class A common stock held by each executive officer, director and holder of 10% or more of the outstanding Class A common stock have been excluded inthat such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes. As of February2, 2026, there were 280,548,215 shares of the registrant’s Class A common stock, $0.0001 par value, outstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s definitive proxy statement for the 2026 Annual Meeting of Stockholders are incorporated into Part III of this Annual Report on Form 10-K. Bloom Energy CorporationAnnual Report on Form 10-K for the Year Ended December 31, 2025Table of Contents Part I Item 1—BusinessItem 1A—Risk FactorsItem 1B—Unresolved Staff CommentsItem 1C—CybersecurityItem 2—PropertiesItem 3—Legal ProceedingsItem 4—Mine Safety Disclosures Part IIIItem 10—Directors, Executive Officers and Corporate Governance148Item 11—Executive Compensation148Item 12—Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters148Item 13—Certain Relationships and Related Transactions, and Director Independence148Item 14—Principal Accountant Fees and Services148 Part IV Item 15—Exhibits and Financial Statement SchedulesItem 16—Form 10-K SummarySignatures Unless the context otherwise requires, the terms“we,”“us,”“our,”“Bloom Energy,”“Bloom”and the“Company”each refer to Bloom EnergyCorporation and all of its subsidiaries. SPECIAL NOTE ABOUT FORWARD-