Brenmiller Energy
Builds crushed-rock thermal batteries for industrial heat and steam.
Something off on this page? Send us feedback.
Profile
Provides bGen thermal batteries that turn electricity or residual heat into industrial heat, steam, or power. Revenue can come from system sales, engineering and maintenance, or long-term Energy-as-a-Service arrangements, with a planned shift toward owning and operating integrated energy assets.
Designs and deploys bGen thermal energy storage systems, which use crushed rock to convert electricity or residual heat into industrial steam, hot air, hot water, heat, or power. Modular bCube units are manufactured in Israel and assembled on site; a gated product-development process runs from feasibility and basic design through alpha and beta sites to a detailed product file. Target markets include the United States, Europe, and Israel.
Generates revenue through equipment sales and integration, engineering and maintenance, and Energy-as-a-Service agreements to supply heat or steam. Plans under the BrenX brand also encompass solar generation, battery storage, energy management, and ownership of integrated energy assets. Project financing, construction and performance, local energy and boiler approvals, third-party suppliers and contractors, and the bGen platform are central dependencies.
Company facts
Key statistics
Year to date −96.6% · Average volume (30d) 765.2K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Sep 30, 2025Q2 FY25 | — | −$0.67 | — | — | $193.5K | — | +1.90% |
| Jul 1, 2025Q1 FY25 | — | −$0.67 | — | — | $193.5K | — | +5.43% |
| Mar 4, 2025Q4 FY24 | — | −$12.95 | — | — | — | — | −11.11% |
| Oct 4, 2024Q2 FY24 | — | −$1.50 | — | — | — | — | +3.64% |
Financial highlights
| 12 quarters | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $0 | $0 | $193.5K | $193.5K | $0 | $0 | |
| Gross profit | −$288.5K | −$288.5K | −$734.0K | −$734.0K | −$870.5K | −$870.5K | |
| Operating income | −$2.6M | −$2.6M | −$3.3M | −$3.3M | −$3.1M | −$3.1M | |
| Net income | −$2.6M | −$2.6M | −$3.7M | −$3.7M | −$3.2M | −$3.2M | |
| Diluted EPS | −$12.95 | −$12.95 | −$66.50 | −$66.50 | −$74.08 | −$74.08 | |
| Gross margin | — | — | -379.3% | -379.3% | — | — | |
| Operating margin | — | — | -1,698.2% | -1,698.2% | — | — |
Fiscal years (4-quarter sums)FY21 $395.0K · FY22 $1.5M · FY23 $621.0K · FY24 $0 · FY25 $387.0K
Balance sheet, Dec 31, 2025Cash & short-term investments $4.5M · Total debt $5.8M · Total assets $12.5M · Shareholders' equity $3.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 436.8K · Float 414.7K
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.