$21.81
-11%FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.
Negative gross margin indicates the company is losing money on each saleโunsustainable long-term.
Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.
Net losses indicate the company is burning cash. Sustainability depends on path to profitability.
High margin compression: Large gap between gross and net margins suggests operational inefficiencies or heavy debt burden. Focus on expense management and deleveraging.
FCEL โข NASDAQ
| FuelCell Energy, Inc. Income Statement | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 | Oct 2020 | Oct 2019 | Oct 2018 | Oct 2017 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | Oct 2008 | Oct 2007 | Oct 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
158.2M | 112.1M | 123.4M | 130.5M | 69.6M | 70.9M | 60.8M | 89.4M | 95.7M | 108.3M | 163.1M | 180.3M | 187.7M | 120.6M | 122.6M | 69.8M | 88M | 100.7M | 48.2M | 33.3M | |
GROSS PROFIT | ||||||||||||||||||||
(184.6M) | (148.1M) | (133.9M) | (160.1M) | (85.2M) | (78.6M) | (82M) | (86.3M) | (92.9M) | (108.6M) | (150.3M) | (166.6M) | (180.5M) | (120.2M) | (135.2M) | (88.4M) | (118.2M) | (150.1M) | (75.3M) | (71.9M) | |
-26.4M | -35.9M | -10.5M | -29.6M | -15.6M | -7.7M | -21.3M | 3.1M | 2.7M | -357K | 12.8M | 13.7M | 7.1M | 445K | -12.6M | -18.7M | -30.2M | -49.4M | -27M | -38.6M | |
OPERATING INCOME | ||||||||||||||||||||
(94.8M) | (120M) | (125.5M) | (114.1M) | (49.3M) | (31.4M) | (45.7M) | (47.7M) | (46.3M) | (46M) | (41.7M) | (41M) | (36.9M) | (32.6M) | (33.1M) | (35.7M) | (36.7M) | (43.4M) | (46.1M) | (42.5M) | |
(60.7M) | (64.6M) | (64.5M) | (79.6M) | (37.9M) | (26.6M) | (31.9M) | (24.9M) | (25.9M) | (25.2M) | (24.2M) | (22.8M) | (21.2M) | (18.2M) | (16.3M) | (17.2M) | (17.4M) | (20M) | (18.6M) | (17.8M) | |
(34.1M) | (55.4M) | (61M) | (34.5M) | (11.3M) | (4.8M) | (13.8M) | (22.8M) | (20.4M) | (20.8M) | (17.4M) | (18.2M) | (15.7M) | (14.4M) | (16.8M) | (18.6M) | (19.3M) | (23.5M) | (27.5M) | (24.7M) | |
-121.2M | -155.9M | -136.1M | -143.7M | -64.9M | -39.2M | -66.9M | -44.6M | -44.9M | -46.4M | -28.9M | -27.3M | -29.8M | -32.1M | -45.7M | -54.4M | -67M | -92.8M | -73.1M | -81M | |
PRE-TAX INCOME | ||||||||||||||||||||
(10.4M) | (9.7M) | (7.2M) | (6.4M) | (7.4M) | (15.3M) | (10.6M) | (9.1M) | (9.2M) | (5M) | (3M) | (3.6M) | (4M) | (2.3M) | (2.6M) | (127K) | (265K) | (0.0) | (0.0) | (0.0) | |
-2.1M | 4M | 8.5M | -3M | -7.3M | -15.3M | -10.6M | -9.1M | -9.2M | -5M | -3M | -3.6M | -4M | -2.3M | -2.6M | 1.2M | 595K | 0.0 | 0.0 | 0.0 | |
(0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (93K) | (0.0) | (247K) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
-70M | -827K | 28.6M | -2.7M | -36.1M | -49.9M | -10.5M | -5.7M | -8.9M | -4.3M | -518K | -11.1M | -5.1M | -3.7M | -184K | -1.4M | -2.3M | 1.3M | 4.5M | 4.8M | |
-191.2M | -156.8M | -107.5M | -146.4M | -101M | -89.1M | -77.5M | -50.3M | -53.9M | -50.7M | -29.4M | -38.4M | -34.9M | -35.8M | -45.9M | -56.2M | -69.3M | -91.5M | -68.7M | -76.2M | |
NET INCOME | ||||||||||||||||||||
(137K) | (25K) | (581K) | (819K) | (2K) | (46K) | (109K) | -3M | (44K) | (519K) | (274K) | (488K) | (371K) | (69K) | (113K) | (91K) | (2.3M) | (556K) | (0.0) | -4.7M | |
-187.9M | -126M | -107.6M | -142.7M | -101M | -89.1M | -77.6M | -47.3M | -53.9M | -51M | -29.4M | -38.1M | -34.4M | -35.5M | -45.7M | -53.3M | -69.3M | -93.4M | -68.7M | -76.1M |
FCEL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 21, 2026 | May 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 06, 2026 | April 02, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | March 09, 2026 | January 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 09, 2026 | March 09, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | February 18, 2026 | April 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 04, 2026 | February 03, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 07, 2026 | January 05, 2026 | 2026 | |
8-K 8-K 2025 N/A | December 30, 2025 | December 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | December 18, 2025 | December 18, 2025 | 2025 | |
10-K 10-K 2025 FY FY | December 18, 2025 | October 31, 2025 | 2025 |
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