FuelCell Energy, Inc.
FuelCell Energy, Inc. (FCEL) Financial Performance & Income Statement Overview
Explore the financials of FuelCell Energy, Inc. (FCEL), including yearly and quarterly data on income, cash flow, and balance sheets.
FuelCell Energy, Inc. (FCEL) Income Statement & Financial Overview
View the income breakdown for FuelCell Energy, Inc. FCEL across both annual and quarterly reports.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $19.00M | $49.33M | $23.70M | $22.42M |
| Cost of Revenue | $24.20M | $60.24M | $29.90M | $29.49M |
| Gross Profit | -$5.20M | -$10.92M | -$6.20M | -$7.07M |
| Gross Profit Ratio | -$0.27 | -$0.22 | -$0.26 | -$0.32 |
| R&D Expenses | $11.08M | $11.61M | $12.82M | $16.63M |
| SG&A Expenses | $15.03M | $15.95M | $14.60M | $17.66M |
| Operating Expenses | $27.65M | $30.11M | $27.41M | $34.29M |
| Total Costs & Expenses | $51.85M | $90.36M | $57.31M | $63.78M |
| Interest Income | $2.39M | $2.99M | $3.27M | $3.39M |
| Interest Expense | $2.61M | $2.52M | $2.56M | $2.27M |
| Depreciation & Amortization | $9.95M | $8.80M | $9.24M | $9.55M |
| EBITDA | -$19.83M | -$28.25M | -$23.33M | -$25.83M |
| EBITDA Ratio | -$1.04 | -$0.57 | -$0.98 | -$1.15 |
| Operating Income | -$32.85M | -$41.03M | -$33.62M | -$41.36M |
| Operating Income Ratio | -$1.73 | -$0.83 | -$1.42 | -$1.84 |
| Other Income/Expenses (Net) | $465000.00 | $1.46M | -$1.50M | $3.71M |
| Income Before Tax | -$32.39M | -$39.58M | -$35.12M | -$37.66M |
| Income Before Tax Ratio | -$1.70 | -$0.80 | -$1.48 | -$1.68 |
| Income Tax Expense | -$3.26M | $23000.00 | $2000.00 | -$4.72M |
| Net Income | -$29.13M | -$41.42M | -$32.66M | -$32.14M |
| Net Income Ratio | -$1.53 | -$0.84 | -$1.38 | -$1.43 |
| EPS | -$1.42 | -$0.17 | -$0.07 | -$0.07 |
| Diluted EPS | -$1.42 | -$0.16 | -$0.06 | -$0.07 |
| Weighted Avg Shares Outstanding | $20.50M | $243.54M | $466.57M | $441.99M |
| Weighted Avg Shares Outstanding (Diluted) | $20.50M | $261.84M | $503.18M | $452.98M |
Over the past four quarters, FuelCell Energy, Inc. demonstrated steady revenue growth, increasing from $22.42M in Q2 2024 to $19.00M in Q1 2025. Operating income reached -$32.85M in Q1 2025, maintaining a consistent -173% margin over recent quarters. Despite fluctuations in R&D and SG&A expenses, EBITDA remained robust at -$19.83M, reflecting operational efficiency. Net income rose to -$29.13M, with EPS at -$1.42. Disciplined expense management helped sustain profitability, highlighting solid overall financial performance.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan