Roast pumpkin: Toss cubes with olive oil, salt, and pepper. Roast at 400°F for 20 minutes or until golden and caramelized.
Cook bacon: In a large pot, cook bacon until crispy. Remove and set aside, leaving the fat in the pot.
Sauté aromatics: Add butter, onion, and garlic to the pot. Cook until soft and fragrant.
Blend: Add roasted pumpkin, broth, cream, paprika, and nutmeg. Simmer 5–10 minutes, then blend until smooth.
Adjust seasoning: Add more salt, pepper, or cream to taste.
Serve: Ladle into bowls, top with bacon and thyme, and drizzle with a little cream.