BE · 10-Q · 2026Q1 · Full report

Manufacturing capacity expansion

Bloom Energy Corp · 2026-04-29 · Importance 52 · Surprise 42

Bloom expects to continue capital investments to expand production capacity at its Fremont, California and Delmarva, Delaware manufacturing facilities. Recent investing cash outflows included a $19.8 million JV investment and $11.9 million in tenant improvements for a Fremont engineering and manufacturing facility. Management states these purchases of new equipment and tenant improvements are part of a strategic plan to increase capacity to meet orders and delivery requirements. The timing and magnitude of further capex will depend on implementation milestones, supplier lead times, and customer demand.

Key facts

• Company expects to continue capital investments to expand production capacity at manufacturing facilities in Fremont, California and Delmarva, Delaware
• Expenditures on tenant improvements for a leased engineering and manufacturing facility in Fremont, California increased by $11.9 million during the three months ended March 31, 2026
• The Fremont, California engineering and manufacturing facility opened in July 2022