Financials in USD. Standardized financial statements.
A compact view of how FuelCell Energy, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $158.16M | $112.13M | $123.39M | $130.48M | $69.58M | $70.87M | $60.75M | $89.44M | $95.67M | $108.25M |
| Revenue Growth? | +41.0% | -9.1% | -5.4% | +87.5% | -1.8% | +16.7% | -32.1% | -6.5% | -11.6% | 0.0% |
| Cost of Revenue? | $184.57M | $148.05M | $133.93M | $160.06M | $85.22M | $78.60M | $82.02M | $86.34M | $92.93M | $108.61M |
| Gross Profit? | -$26.41M | -$35.92M | -$10.54M | -$29.57M | -$15.64M | -$7.72M | -$21.27M | $3.09M | $2.73M | -$357,000 |
| Gross Margin? | -16.7% | -32.0% | -8.5% | -22.7% | -22.5% | -10.9% | -35.0% | +3.5% | +2.9% | -0.3% |
| Operating Expenses? | $94.82M | $120.01M | $125.55M | $114.15M | $49.26M | $31.44M | $45.66M | $47.73M | $46.31M | $46.00M |
| Operating Income? | -$121.23M | -$155.93M | -$136.08M | -$143.72M | -$64.90M | -$39.17M | -$66.93M | -$44.63M | -$44.94M | -$46.35M |
| EBITDA? | -$140.46M | -$110.87M | -$74.85M | -$118.75M | -$73.79M | -$54.39M | -$55.08M | -$33.25M | -$37.07M | -$41.18M |
| Income Before Tax | -$191.24M | -$156.75M | -$107.47M | -$146.41M | -$101.02M | -$89.06M | -$77.46M | -$50.35M | -$53.86M | -$50.69M |
| Income Tax Expense | $137,000 | $25,000 | $581,000 | $819,000 | $2,000 | $46,000 | $109,000 | -$3.02M | $44,000 | $519,000 |
| Net Income? | -$187.90M | -$126.01M | -$107.57M | -$142.72M | -$101.03M | -$89.11M | -$77.57M | -$47.33M | -$53.90M | -$50.96M |
| EPS? | $-7.42 | $-0.53 | $-0.26 | $-0.39 | $-0.31 | $-0.42 | $-1.82 | $-9.01 | $-13.73 | $-21.84 |
| Diluted EPS? | $-7.42 | $-0.49 | $-0.26 | $-0.38 | $-0.30 | $-0.40 | $-1.41 | $-6.86 | $-12.96 | $-20.54 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality