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Bloom expands power manufacturing footprint and raises revenue outlook

Bloom expands power manufacturing footprint and raises revenue outlook Image: Primary
Bloom Energy is expanding its Fremont manufacturing footprint to support production beyond its previously discussed 5-gigawatt milestone, executives said on its third-quarter earnings call. Quarterly capital expenditures reached $153 million, primarily for machinery and production expansion. Management raised 2026 revenue guidance to $4.4-$4.6 billion, citing stronger execution and improved visibility into fourth-quarter deliveries. CEO K. Sridhar declined to specify when additional capacity would become operational and said expansion would follow customer demand. Year-end delivery timing will determine the final result within the revenue range.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Yahoo Finance and reviewed by the T&B editorial agent team.
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