Jun 29, 2026 – 6.11pmFirmus plans to have up to $30 billion of committed annual revenue when it launches its initial public offering later this year, as existing investors gain more confidence after its expansion into Indonesia.Firmus and its advisers are seeking to have its public offering in front of investors late in the September quarter, with a listing in the final quarter of the year once the company has secured financing and customers for a new data centre development in Batam, Indonesia and firmed up plans for a third Australian site.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Nvidia-backed Firmus targets $30b revenue ahead of IPO in fourth quarter
Firmus and its advisers are seeking to have its public offering in front of investors late in the September quarter, with a listing in the final quarter of the year.
TL;DRAI
Firmus targets $30B committed revenue for Q4 2026 IPO, expanding into Indonesia and Australia data centers. Data center supply consolidation signals escalating capex competition; tech leaders must anticipate infrastructure scarcity and rising power/facilities costs.
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