BE ▼ -14.1% - Bloom Energy Corporation $BE Bloom Energy Earnings Call Summary: Manufacturing Expansion Beyond 5 GW, Accelerating Backlog and New Utility Growth Opportunities ? • Capacity: Bloom is preparing manufacturing capacity beyond 5 GW annually, aiming to scale production without becoming a bottleneck for customer demand. • Backlog: Orders continue growing faster than revenue, even as revenue growth exceeds 100% YoY. • Utilities: Management sees significant opportunities for front-of-the-meter deployments, with utilities potentially including Bloom systems in their regulated asset base. • Carbon Capture: Hyperscalers increasingly request CCS-ready systems and are reportedly willing to pay ~10–15% more for near-zero-carbon power. • 800V DC: Bloom views adoption as inevitable, estimating over $5B in five-year savings for a 1 GW data center. • Nebius: Bloom says it will not be the bottleneck for the 300 MW project, with the first power block already ready ahead of customer infrastructure. • Manufacturing Efficiency: Management targets scaling from 100 MW to 5 GW per year with roughly 600 employees per production line. 22-OCT-2026 07:02 PM ET