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FUELCELL ENERGY INC FCEL
FUELCELL ENERGY INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $158.2M | $112.1M | $123.4M | $130.5M | $69.6M | $70.9M | $60.8M | $89.4M | $95.7M | $108.3M |
| Gross profit | — | — | — | — | — | -$7.7M | -$21.3M | $3.1M | $2.7M | -$357,000 |
| R&D expense | $34.1M | $55.4M | $61.0M | $34.5M | $11.3M | $4.8M | $13.8M | $22.8M | $20.4M | $20.8M |
| SG&A expense | $60.7M | $64.6M | $64.5M | $79.6M | $37.9M | $26.6M | $31.9M | $24.9M | $25.9M | $25.1M |
| Operating income | -$192.3M | -$158.5M | -$136.1M | -$143.7M | -$64.9M | -$39.2M | -$66.9M | -$44.6M | -$44.9M | -$46.4M |
| Interest expense | $10.4M | $9.7M | $7.2M | $6.4M | $7.4M | $15.3M | $10.6M | $9.1M | $9.2M | $5.0M |
| Income tax | $137,000 | $25,000 | $581,000 | $819,000 | $2,000 | $46,000 | $109,000 | -$3.0M | $44,000 | $519,000 |
| Net income | -$187.9M | -$126.0M | -$107.6M | -$142.7M | -$101.1M | -$89.1M | -$77.6M | -$47.3M | -$53.9M | -$51.0M |
| EPS (diluted) | $-7.42 | $-3.92 | $-3.96 | $-5.71 | $-0.15 | $-0.21 | $-0.91 | $-4.50 | $-6.87 | $-0.46 |
| Operating cash flow | -$125.3M | -$152.9M | -$140.2M | -$112.2M | -$70.4M | -$36.8M | -$30.6M | $16.3M | -$71.8M | -$46.6M |
| Cash & equivalents | $278.1M | $148.1M | $250.0M | $458.1M | $432.2M | $149.9M | $9.4M | $39.3M | $49.3M | $84.2M |
| Inventory | $86.2M | $113.7M | $84.5M | $90.9M | $67.1M | $51.0M | $54.5M | $53.6M | $74.5M | $73.8M |
| Total assets | $932.1M | $944.1M | $955.5M | $939.7M | $875.2M | $523.5M | $333.4M | $340.4M | $383.8M | $340.7M |
| Total liabilities | $201.0M | $216.7M | $195.2M | $185.3M | $169.9M | $269.1M | $197.9M | $163.5M | $195.0M | $166.5M |
| Shareholders' equity | $671.3M | $667.6M | $700.4M | $691.5M | $642.4M | $194.5M | $75.7M | $82.2M | $101.3M | $114.4M |
Growth · year-over-year · Revenue CAGR 4.3%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | +41.0% | -9.1% | -5.4% | +87.5% | -1.8% | +16.7% | -32.1% | -6.5% | -11.6% | -33.6% |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-10-31. Facts plus Stocktoria's own computed scores — not investment advice.