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Fuel Cell Manufacturer Bloom Energy Reports 39% Surge in Q3 Revenues

The revenue rise was driven by a 40.7% YoY increase in product and service revenue

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Fuel cell manufacturer Bloom Energy announced that its total revenue at the end of the third quarter (Q3) of 2023 climbed to $400.3 million, registering a 39% increase from the same period in 2022. This was attributed to a year-over-year (YoY) increase of 40.7% in Products and Services, which stood at $352.5 million, against $250.6 million.

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