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FuelCell Energy (FCEL) is a Industrials company in the Russell 2000. Latest news and coverage below.
| FY2016Oct 2016 | FY2017Oct 2017 | FY2018Oct 2018 | FY2019Oct 2019 | FY2020Oct 2020 | FY2021Oct 2021 | FY2022Oct 2022 | FY2023Oct 2023 | FY2024Oct 2024 | FY2025Oct 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $108.3M | $95.7M | $89.4M | $60.8M | $70.9M | $69.6M | $130.5M | $123.4M | $112.1M | $158.2M |
| Growth (year over year) | −33.6% | −11.6% | −6.5% | −32.1% | +16.7% | −1.8% | +87.5% | −5.4% | −9.1% | +41.0% |
| Gross profit | −$357.0K | $2.73M | $3.09M | −$21.3M | −$7.72M | −$15.6M | −$29.6M | −$10.5M | −$35.9M | −$26.4M |
| Gross margin | −0.3% | 2.9% | 3.5% | −35.0% | −10.9% | −22.5% | −22.7% | −8.5% | −32.0% | −16.7% |
| Operating income | −$46.4M | −$44.9M | −$44.6M | −$66.9M | −$39.2M | −$64.9M | −$143.7M | −$136.1M | −$158.5M | −$192.3M |
| Operating margin | −42.8% | −47.0% | −49.9% | −110.2% | −55.3% | −93.3% | −110.1% | −110.3% | −141.3% | −121.6% |
| Net income | −$51.0M | −$53.9M | −$47.3M | −$77.6M | −$89.1M | −$101.1M | −$142.7M | −$107.6M | −$126.0M | −$187.9M |
| Net margin | −47.1% | −56.3% | −52.9% | −127.7% | −125.7% | −145.2% | −109.4% | −87.2% | −112.4% | −118.8% |
| EPS (diluted) | −$655.20 | −$411.90 | −$270.30 | −$54.60 | −$12.60 | −$9.30 | −$11.43 | −$7.92 | −$7.83 | −$7.42 |
| Balance sheet | ||||||||||
| Cash and equivalents | $84.2M | $49.3M | $39.3M | $9.43M | $149.9M | $432.2M | $458.1M | $250.0M | $148.1M | $278.1M |
| Total assets | $340.7M | $383.8M | $340.4M | $333.4M | $523.5M | $875.2M | $939.7M | $955.5M | $944.1M | $932.1M |
| Total liabilities | $166.5M | $195.0M | $163.5M | $197.9M | $269.1M | $169.9M | $185.3M | $195.2M | $216.7M | $201.0M |
| Long-term debt | $76.8M | $59.5M | $70.3M | $84.4M | $144.0M | $77.6M | $69.2M | $109.4M | $115.7M | $103.8M |
| Shareholders' equity | $114.4M | $101.3M | $82.2M | $75.7M | $194.5M | $642.4M | $684.4M | $682.5M | $656.9M | $662.2M |
| Cash flow | ||||||||||
| Operating cash flow | −$46.6M | −$71.8M | $16.3M | −$30.6M | −$36.8M | −$70.4M | −$112.2M | −$140.3M | −$152.9M | −$125.3M |
| Capital expenditure | $7.73M | $12.4M | $10.0M | $2.15M | $382.0K | $6.35M | $21.1M | $39.4M | $47.7M | $18.6M |
| Free cash flow | −$54.3M | −$84.2M | $6.29M | −$32.7M | −$37.2M | −$76.8M | −$133.2M | −$179.6M | −$200.6M | −$143.9M |
| Q4 FY24†Oct 2024 | Q1 FY25Jan 2025 | Q2 FY25Apr 2025 | Q3 FY25Jul 2025 | Q4 FY25†Oct 2025 | Q1 FY26Jan 2026 | Q2 FY26Apr 2026 | Q3 FY26Jul 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $49.3M | $19.0M | $37.4M | $46.7M | $55.0M | $30.5M | $35.6M | $33.0M |
| Growth (year over year) | +119.6% | +13.8% | +66.8% | +97.3% | +11.5% | +60.7% | −4.9% | −29.4% |
| Gross profit | −$10.9M | −$5.20M | −$9.44M | −$5.13M | −$6.63M | −$5.86M | −$12.9M | −$24.5M |
| Gross margin | −22.1% | −27.4% | −25.2% | −11.0% | −12.1% | −19.2% | −36.3% | −74.2% |
| Operating income | −$41.0M | −$32.9M | −$35.8M | −$95.4M | −$28.3M | −$26.3M | −$77.9M | −$46.7M |
| Operating margin | −83.2% | −172.9% | −95.7% | −204.0% | −51.5% | −86.1% | −218.9% | −141.4% |
| Net income | −$41.4M | −$28.3M | −$38.0M | −$91.7M | −$29.9M | −$22.9M | −$77.9M | −$44.5M |
| Net margin | −84.0% | −149.1% | −101.7% | −196.1% | −54.3% | −74.9% | −218.9% | −134.7% |
| EPS (diluted) | −$2.29 | −$1.42 | −$1.79 | −$3.78 | −$0.43 | −$0.49 | −$1.45 | −$0.64 |
| Balance sheet | ||||||||
| Cash and equivalents | $148.1M | $98.1M | $116.1M | $174.7M | $278.1M | $311.8M | $373.2M | $658.1M |
| Total assets | $944.1M | $907.5M | $883.8M | $830.5M | $932.1M | $978.5M | $1.00B | $1.31B |
| Total liabilities | $216.7M | $202.4M | $205.0M | $205.5M | $201.0M | $214.5M | $215.0M | $268.4M |
| Long-term debt | $115.7M | $112.3M | $109.4M | $106.4M | $103.8M | $120.4M | $116.8M | $134.8M |
| Shareholders' equity | $656.9M | $635.2M | $609.2M | $556.2M | $662.2M | $694.9M | $719.4M | $975.1M |
| Cash flow | ||||||||
| Operating cash flow | $5.84M | −$45.7M | −$29.9M | −$26.8M | −$22.9M | −$33.9M | −$27.3M | −$12.2M |
| Capital expenditure | $10.5M | $7.06M | $5.28M | $5.25M | $1.01M | $773.0K | $1.70M | $1.32M |
| Free cash flow | −$4.70M | −$52.8M | −$35.2M | −$32.1M | −$23.9M | −$34.7M | −$29.0M | −$13.5M |
From FuelCell Energy's 10-K and 10-Q filings with the SEC; its fiscal year ends in October. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services power plants based on molten carbonate fuel cells.
Source: Wikipedia — FuelCell Energy