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FCEL

Fuelcell Energy Inc
$21.03 -1.97 (-8.57%) At close · Jul 10
Market Cap
$1.42B
Shares
67,608,173

Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.

Revenue
$158.16M +41%
FY2025 Revenue FY2009–FY2025
Net Income
-$187.9M -49.1%
FY2025 Net Income FY2009–FY2025
Gross Margin
-10.9% +24.1pp
FY2020 Gross Margin FY2009–FY2020
Operating Margin
-121.61% +19.7pp
FY2025 Operating Margin FY2009–FY2025
Diluted EPS
-$7.42 +5.2%
FY2025 Diluted EPS FY2009–FY2025
Operating Cash Flow
-$125.29M +18.1%
FY2025 Operating Cash Flow FY2009–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011 FY2010 FY2009
$167.88M $158.16M $112.13M $123.39M $130.48M $69.59M $70.87M $60.75M $89.44M $95.67M $108.25M $163.08M $180.29M $187.66M $120.6M $122.57M $69.78M $88.02M
$198.43M $184.57M $148.05M $133.93M $160.06M $85.22M $78.6M $82.02M $86.34M $92.93M $108.61M $150.3M $166.57M $180.54M $120.16M $135.18M $88.43M $118.03M
-$7.73M -$21.27M $3.09M $2.73M -$357K $12.78M $13.73M $7.12M $445K -$12.61M -$18.65M -$30.01M
-10.9% -35.01% 3.46% 2.86% -0.33% 7.83% 7.61% 3.8% 0.37% -10.29% -26.73% -34.1%
$27.77M $34.08M $55.4M $61.02M $34.53M $11.32M $4.8M $13.79M $22.82M $20.4M $20.85M $17.44M $18.24M $15.72M $14.35M $16.77M $18.56M $19.16M
$57.42M $60.74M $64.6M $64.53M $79.62M $37.95M $26.64M $31.87M $24.91M $25.92M $25.15M $24.23M $22.8M $21.22M $18.22M $16.3M $17.15M $17.19M
$1.3M $1.3M $1.3M $1.3M $1.3M
$40.4M $36.19M $25.38M $21.27M $19.87M $19.38M $12.35M $8.65M
$0 $0 $0 $1.36M $0
$197.34M $165.94M $122.57M $125.55M $114.15M $49.26M $31.44M $45.66M $47.73M $47.67M $46M $41.67M $41.04M $36.94M $32.57M $33.07M $35.71M $36.35M
-$227.89M -$192.35M -$158.49M -$136.08M -$143.72M -$64.9M -$39.17M -$66.93M -$44.63M -$44.94M -$46.35M -$28.89M -$27.31M -$29.81M -$32.13M -$45.68M -$54.37M -$66.37M
-121.61% -141.34% -110.28% -110.15% -93.27% -55.26% -110.17% -49.9% -46.97% -42.82% -17.72% -15.15% -15.89% -26.64% -37.27% -77.91% -75.4%
-$151.95M -$122.3M -$110.71M -$122.45M -$45.03M -$19.79M -$54.58M -$35.98M
$10.84M $10.38M $9.69M $7.25M $6.39M $7.36M $15.29M $10.62M $9.06M $9.17M $4.96M $2.96M $3.56M $3.97M $2.3M $2.58M -$127K $265K
$9.12M $8.31M $13.72M $15.8M $3.39M $34K
$4.7M $3.18M -$2.3M $4.72M $319K -$728K $684K $93K $3.34M $247K $622K $2.44M -$7.52M -$1.21M $1.24M $1.05M
$0 $0 $46K -$645K $58K -$730K -$812K
-$224.91M -$191.24M -$156.75M -$107.48M -$146.41M -$101.02M -$89.06M -$77.46M -$50.35M -$53.86M -$50.69M -$29.41M -$38.4M -$34.95M -$35.84M -$45.96M -$56.28M -$68.67M
$137K $25K $581K $819K $2000 $46K $109K -$3.02M $44K $519K $274K $488K $371K $69K $17K $44K
-$222.29M -$187.9M -$126.01M -$107.57M -$142.72M -$101.06M -$89.11M -$77.57M -$47.33M -$53.9M -$50.96M -$29.36M -$38.13M -$34.36M -$35.5M -$45.71M -$55.66M -$68.67M
-118.8% -112.38% -87.17% -109.38% -145.23% -125.73% -127.68% -52.92% -56.34% -47.07% -18% -21.15% -18.31% -29.43% -37.3% -79.77% -78.02%
-$2.63M -$3.47M -$30.77M -$488K -$4.51M $30K $0 $0 -$251K -$325K -$758K -$961K -$411K -$261K -$663K
-$225.49M -$191.1M -$129.21M -$110.77M -$145.92M -$104.26M -$92.44M -$100.25M -$62.17M -$57.1M -$54.16M -$32.56M -$41.33M -$37.56M -$38.7M -$57.9M -$58.86M -$71.88M
-$222.59M -$188.03M -$125.9M -$107.49M -$143.66M -$101.14M -$89.2M -$77.81M -$47.32M -$53.77M -$51.24M -$30.03M -$39.14M -$39.14M -$35.86M -$45.97M -$55.7M
USD/shares -$7.42 -$7.83 -$7.92 -$11.43 -$9.30 -$12.60 -$54.60 -$270.30 -$411.90 -$54.60 -$39.90 -$60.60 -$72.60 -$6.90 -$14.10 -$18.90 -$29.70
USD/shares -$7.42 -$7.83 -$7.92 -$11.43 -$9.30 -$12.60 -$54.60 -$270.30 -$411.90 -$54.60 -$39.90 -$60.60 -$72.60 -$6.90 -$14.10 -$18.90 -$29.70
shares 25.74M 16.51M 13.99M 12.77M 11.16M 7.4M 1.84M 229.87K 138.65K 992.46K 817.12K 682.46K 518.12K 5.52M 4.15M 3.13M 2.41M
shares 25.74M 16.51M 13.99M 12.77M 11.16M 7.4M 1.84M 229.87K 138.65K 992.46K 817.12K 682.46K 518.12K 5.52M 4.15M 3.13M 2.41M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
7.05×
Electrical Equipment & Parts median 2.04×
EV/EBIT
Electrical Equipment & Parts median 67.92×
P/E (TTM)
Electrical Equipment & Parts median 37.22×

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Geography (USD)

Component 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
United States $82,398,000 $86,962,000 $63,289,000 $60,290,000 $58,393,000 $67,750,000 $56,211,000 $50,953,000
South Korea $75,221,000 $22,836,000 $58,432,000 $68,341,000 $8,161,000 $2,059,000 $2,686,000 $36,279,000
Europe $428,000 $1,919,000 $1,673,000 $1,853,000 $3,031,000
Canada $115,000 $415,000 $23,000
Switzerland $623,000
Germany $414,000 $359,000 $1,795,000
United Kingdom $387,000
England $25,000 $1,496,000

By Product & Service (USD)

Component 2025-10-31 2024-10-31 2023-10-31 2022-10-31 2021-10-31 2020-10-31 2019-10-31 2018-10-31
Product $69,129,000 $25,675,000 $19,589,000 $60,000,000 $481,000 $52,490,000
Electricity Generation $48,013,000 $49,975,000 $37,508,000 $36,186,000 $24,027,000 $19,943,000 $14,034,000 $7,171,000
Advanced Technologies $20,622,000 $26,513,000 $17,213,000 $21,512,000 $25,767,000 $25,795,000 $19,619,000 $14,019,000
Service $20,398,000 $9,969,000 $49,084,000 $12,786,000
Financial Service Other $20,400,000 $15,100,000 $13,500,000
License And Service $19,791,000 $25,133,000 $26,618,000 $15,757,000
Key facts CIK 886128 CUSIP 35952H700 13F (30d) 8 filings 8 filers Visit website Investor relations