FCEL
FuelCell Energy, Inc.
NASDAQ · Industrials · Electrical Equipment & Parts · US
$14.70
+0.24%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 154.1M | 158.2M | 112.1M | 123.4M | 130.5M |
| Cost of Revenue | 204.1M | 184.6M | 148.1M | 133.9M | 160.1M |
| Gross Profit | (49.9M) | (26.4M) | (35.9M) | (10.5M) | (29.6M) |
| Operating Expenses | |||||
| R&D Expense | 28.6M | 34.1M | 55.4M | 61.0M | 34.5M |
| SG&A Expense | 57.0M | 60.7M | 64.6M | 64.5M | 79.6M |
| General & Admin Expense | — | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | (27.5M) | — | — | — | — |
| Total Operating Expenses | 58.1M | 94.8M | 120.0M | 125.5M | 114.1M |
| Cost and Expenses | 262.2M | 279.4M | 268.1M | 259.5M | 274.2M |
| Operating Income (EBIT) | (108.1M) | (121.2M) | (155.9M) | (136.1M) | (143.7M) |
| Non-Operating | |||||
| Interest Income | 10.5M | 8.3M | 13.7M | 15.8M | 3.4M |
| Interest Expense | 11.2M | 10.4M | 9.7M | 7.2M | 6.4M |
| Net Interest Income | (651.0K) | (2.1M) | 4.0M | 8.5M | (3.0M) |
| Other Non-Op Income/Expense | (70.3M) | (70.0M) | (827.0K) | 28.6M | (2.7M) |
| Non-Operating Income (excl Interest) | 66.2M | 59.6M | (8.9M) | (35.9M) | (3.7M) |
| EBT (Pre-Tax Income) | (178.3M) | (191.2M) | (156.8M) | (107.5M) | (146.4M) |
| Income Tax Expense | (2.4M) | 137.0K | 25.0K | 581.0K | 819.0K |
| Bottom Line | |||||
| Net Income | (176.4M) | (187.9M) | (126.0M) | (107.6M) | (142.7M) |
| Earnings from Cont. Ops | (175.9M) | (191.4M) | (156.8M) | (108.1M) | (147.2M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | (178.0M) | (191.1M) | (129.2M) | (110.8M) | (145.9M) |
| Per Share | |||||
| Basic EPS | ($3.43) | ($7.42) | ($7.83) | ($0.26) | ($11.40) |
| Diluted EPS | ($3.43) | ($7.42) | ($7.83) | ($0.26) | ($11.40) |
| Revenue Per Share | $2.19 | $6.14 | $5.53 | $3.63 | $4.18 |
| Shares | |||||
| Basic Shares Outstanding | 70.4M | 25.7M | 20.3M | 34.0M | 31.2M |
| Diluted Shares Outstanding | 70.4M | 25.7M | 21.8M | 35.0M | 31.9M |
| Profitability Metrics | |||||
| EBITDA | (143.1M) | (140.5M) | (110.9M) | (74.9M) | (118.7M) |
| D&A | 40.6M | 40.4M | 36.2M | 25.4M | 21.3M |
| EBIT | (174.3M) | (180.9M) | (147.1M) | (100.2M) | (140.0M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jul 1, 2026