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Fuelcell Energy FCEL · USD

Industrials · US listing · 🇺🇸 United States

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10.82

+8.69%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$158.2m

FY2016FY2025

Net income

−$187.9m

FY2016FY2025

Free cash flow

−$147.8m

FY2016FY2025

Shareholders' equity

$722.0m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$158.2m$112.1m$123.4m$130.5m$69.6m$70.9m$60.8m$89.4m$95.7m$108.3m
Research and development$34.1m$55.4m$61.0m$34.5m$11.3m$4.8m$13.8m$22.8m$20.4m$20.8m
Operating income−$180.9m−$155.9m−$136.1m−$140.0m−$64.9m−$73.8m−$67.4m−$41.9m−$45.6m−$46.1m
Net income−$187.9m−$126.0m−$107.6m−$142.7m−$101.0m−$89.1m−$77.6m−$47.3m−$53.9m−$51.0m
Diluted earnings per share-5.20-5.77-2.86-4.22-3.31-4.17-0.50-6.11-10.48-18.51

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$932.1m$944.1m$955.5m$939.7m$875.2m$523.5m$333.4m$340.4m$383.8m$342.1m
Cash and short-term investments$278.1m$257.3m$353.7m$458.1m$432.2m$149.9m$9.4m$39.3m$49.3m$84.2m
Total liabilities$201.0m$216.7m$195.2m$185.3m$169.9m$269.1m$197.9m$163.5m$195.0m$167.9m
Debt$119.6m$131.7m$119.5m$82.4m$87.7m$184.6m$129.3m$105.1m$107.1m$99.3m
Shareholders' equity$722.0m$716.8m$742.4m$744.2m$702.3m$254.4m$135.6m$176.9m$188.8m$174.3m
Shares outstanding36m22m38m34m31m21m154m8m5m3m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations−$125.3m−$152.9m−$140.3m−$112.2m−$70.4m−$36.8m−$30.6m$16.3m−$71.8m−$46.6m
Capital spending−$22.5m−$59.6m−$92.4m−$46.7m−$73.2m−$31.9m−$33.8m−$51.3m−$32.1m−$7.7m
Free cash flow−$147.8m−$212.5m−$232.6m−$158.8m−$143.7m−$68.7m−$64.4m−$34.9m−$103.9m−$54.3m
Dividends paid−$3.2m−$3.2m−$3.2m−$3.2m−$3.2m−$6.5m−$1.8m−$4.2m−$4.2m−$4.2m

Latest quarters

By quarter end

Jul 2026Apr 2026Jan 2026Oct 2025Jul 2025Apr 2025Jan 2025Oct 2024
Revenue$33.0m$35.6m$30.5m$55.0m$46.7m$37.4m$19.0m$49.3m
Operating income−$46.7m−$77.9m−$26.3m$42.8m−$95.4m−$36.9m−$32.9m−$41.0m
Net income−$44.5m−$77.6m−$23.7m−$29.9m−$91.7m−$38.0m−$29.1m−$41.4m
Diluted earnings per share-0.63-1.10-0.34-0.83-2.53-1.05-0.81-1.90
Cash from operations−$12.0m−$27.0m−$33.0m−$22.0m−$26.0m−$29.0m−$45.0m$5.0m
Capital spending−$7.0m—−$2.0m−$1.0m−$8.0m−$5.0m−$7.0m−$10.0m
Free cash flow−$19.0m—−$35.0m−$23.0m−$34.0m−$34.0m−$52.0m−$5.0m
Total assets$1.31bn$1.00bn$978.5m$932.1m$830.5m$883.8m$907.5m$944.1m
Cash and short-term investments$658.1m$373.2m$311.8m$278.1m$174.7m$177.0m$208.4m$257.3m
Debt$166.5m$147.9m$150.7m$132.0m$136.8m$142.1m$143.5m$147.6m
Shareholders' equity$975.1m$719.4m$754.7m$722.0m$616.0m$669.0m$695.1m$716.8m

Growth per year

Compound annual rate

3 years5 years10 years
Revenue6.6%17.4%-0.3%
Operating income8.9%19.6%20.1%
Net income9.6%16.1%20.4%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin-124.6%-116.9%-113.1%-83.1%
Net margin-116.1%-107.6%-113.5%-85.8%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings-1.4-1.6-16.8-19.7-47.2-80.3-149.9-17.1-30.8-18.0
Price to sales1.71.814.621.668.5101.0191.49.117.48.4

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-2%-78%-55%-46%-36%1103%-74%-73%-20%-61%

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years.

  • 30-to-1 reverse split · 11 Nov 2024
  • 12-to-1 reverse split · 9 May 2019
  • 12-to-1 reverse split · 4 Dec 2015
  • 2-for-1 split · 20 Jun 2001
  • 2-for-1 split · 14 Sept 2000
  • 3-for-2 split · 17 Nov 1999

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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