FuelCell Energy, Inc. (FCEL) Income Statement Analysis

See more : Dalal Street Investments Limited (DSINVEST.BO) Income Statement Analysis – Financial Results

Complete financial analysis of FuelCell Energy, Inc. (FCEL) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of FuelCell Energy, Inc., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.

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FuelCell Energy, Inc. (FCEL)

Industry: Electrical Equipment & Parts

Sector: Industrials

Website: https://www.fuelcellenergy.com

About FuelCell Energy, Inc.

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992
Revenue	112.13M	123.39M	130.48M	69.59M	70.87M	60.75M	89.44M	95.67M	108.25M	163.08M	180.29M	187.66M	120.60M	122.57M	69.78M	88.02M	100.74M	48.23M	33.29M	30.37M	31.39M	33.79M	41.23M	26.18M	20.72M	20.00M	24.30M	24.80M	29.40M	34.00M	30.10M	22.20M	17.00M
Cost of Revenue	148.05M	133.93M	160.06M	85.22M	78.60M	82.02M	86.34M	92.93M	108.61M	150.30M	166.57M	180.54M	120.16M	135.18M	88.43M	118.25M	150.10M	75.27M	71.86M	65.25M	67.25M	86.22M	77.79M	33.70M	4.56M	12.00M	14.20M	15.20M	20.70M	26.00M	21.80M	14.00M	10.40M
Gross Profit	-35.92M	-10.54M	-29.58M	-15.64M	-7.73M	-21.27M	3.09M	2.73M	-357.00K	12.78M	13.73M	7.12M	445.00K	-12.61M	-18.65M	-30.23M	-49.36M	-27.03M	-38.57M	-34.88M	-35.87M	-52.43M	-36.56M	-7.52M	16.15M	8.00M	10.10M	9.60M	8.70M	8.00M	8.30M	8.20M	6.60M
Gross Profit Ratio	-32.03%	-8.54%	-22.67%	-22.47%	-10.90%	-35.01%	3.46%	2.86%	-0.33%	7.83%	7.61%	3.80%	0.37%	-10.29%	-26.73%	-34.35%	-49.00%	-56.04%	-115.86%	-114.85%	-114.27%	-155.16%	-88.68%	-28.74%	77.98%	40.00%	41.56%	38.71%	29.59%	23.53%	27.57%	36.94%	38.82%
Research & Development	55.40M	61.02M	34.53M	11.32M	4.80M	13.79M	22.82M	20.40M	20.85M	17.44M	18.24M	15.72M	14.35M	16.77M	18.56M	19.33M	23.47M	27.49M	24.71M	21.84M	26.68M	8.51M	6.81M	3.11M	13.09M	1.80M	2.30M	1.30M	1.30M	900.00K	1.30M	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	64.60M	64.53M	79.62M	37.95M	26.64M	31.87M	24.91M	25.92M	25.15M	24.23M	22.80M	21.22M	18.22M	16.30M	17.15M	17.41M	19.97M	18.63M	17.76M	14.15M	14.90M	12.63M	10.45M	8.95M	7.92M	6.60M	7.00M	6.10M	4.80M	4.70M	4.70M	5.80M	5.20M
Other Expenses	0.00	0.00	3.71M	-694.00K	684.00K	93.00K	3.34M	247.00K	622.00K	2.44M	-7.52M	-1.21M	6.88M	9.30M	18.38M	15.94M	21.54M	25.21M	23.27M	22.05M	47.42M	26.63M	0.00	1.69M	1.88M	1.80M	1.90M	2.20M	2.20M	2.10M	2.00M	1.90M	1.20M
Operating Expenses	120.01M	125.55M	114.15M	49.26M	31.44M	45.66M	47.73M	46.31M	46.00M	41.67M	41.04M	36.94M	32.57M	33.07M	35.71M	36.75M	43.44M	46.11M	42.47M	35.99M	41.58M	21.14M	17.26M	13.75M	22.89M	10.20M	11.20M	9.60M	8.30M	7.70M	8.00M	7.70M	6.40M
Cost & Expenses	268.06M	259.48M	274.21M	134.49M	110.04M	127.68M	134.07M	139.25M	154.61M	191.97M	207.60M	217.47M	152.73M	168.25M	124.14M	155.00M	193.54M	121.38M	114.33M	101.24M	108.83M	107.36M	95.05M	47.46M	27.45M	22.20M	25.40M	24.80M	29.00M	33.70M	29.80M	21.70M	16.80M
Interest Income	13.72M	15.80M	3.39M	34.00K	15.29M	10.62M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.86M	1.35M	860.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-9.69M	7.25M	6.39M	7.36M	15.29M	10.62M	9.06M	9.17M	4.96M	2.96M	3.56M	3.97M	2.30M	2.58M	127.00K	265.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	0.00	25.38M	21.27M	19.87M	19.38M	12.35M	8.65M	8.52M	4.95M	4.10M	4.38M	4.10M	5.19M	6.43M	7.44M	9.43M	8.80M	9.19M	9.39M	7.31M	8.41M	6.37M	3.78M	2.03M	1.88M	1.80M	1.90M	2.20M	2.20M	2.10M	2.00M	1.90M	1.20M
EBITDA	-158.49M	-74.85M	-118.75M	-73.79M	-54.99M	-55.08M	-33.25M	-37.07M	-41.18M	-22.35M	-30.45M	-26.88M	-28.34M	-36.33M	-48.67M	-59.82M	-82.60M	-63.96M	-71.65M	-63.56M	-69.03M	-67.19M	-50.04M	-19.24M	-4.85M	-400.00K	800.00K	1.20M	2.60M	2.40M	2.30M	2.40M	1.40M
EBITDA Ratio	-141.34%	-60.66%	-107.31%	-94.27%	-54.30%	-110.01%	-46.17%	-45.30%	-42.24%	-16.22%	-19.32%	-16.51%	-27.18%	-35.31%	-80.41%	-78.42%	-83.39%	-132.67%	-214.67%	-209.53%	-181.13%	-199.66%	-122.01%	-74.53%	-24.71%	-9.50%	-0.82%	4.84%	6.12%	5.00%	5.98%	8.56%	4.71%
Operating Income	-158.49M	-136.08M	-143.72M	-64.90M	-39.17M	-66.93M	-44.63M	-44.94M	-46.35M	-28.89M	-27.31M	-29.81M	-32.13M	-45.68M	-54.37M	-66.98M	-92.80M	-73.15M	-81.04M	-70.87M	-89.64M	-73.57M	-53.82M	-21.28M	-6.73M	-2.20M	-1.10M	-1.00M	400.00K	300.00K	300.00K	500.00K	200.00K
Operating Income Ratio	-141.34%	-110.28%	-110.15%	-93.27%	-55.26%	-110.17%	-49.90%	-46.97%	-42.82%	-17.72%	-15.15%	-15.89%	-26.64%	-37.27%	-77.91%	-76.10%	-92.12%	-151.65%	-243.45%	-233.37%	-285.61%	-217.72%	-130.53%	-81.27%	-32.50%	-11.00%	-4.53%	-4.03%	1.36%	0.88%	1.00%	2.25%	1.18%
Total Other Income/Expenses	1.74M	28.61M	-2.69M	-36.12M	-49.90M	-10.53M	-5.72M	-8.92M	-4.34M	-518.00K	-11.08M	-5.14M	-3.71M	-184.00K	-1.39M	-2.31M	1.30M	4.47M	4.83M	3.94M	2.35M	6.15M	4.99M	5.84M	266.00K	1.50M	1.00M	1.60M	400.00K	300.00K	0.00	0.00	0.00
Income Before Tax	-156.75M	-107.48M	-146.41M	-101.02M	-89.06M	-77.46M	-50.35M	-53.86M	-50.69M	-29.41M	-38.40M	-34.95M	-35.84M	-45.86M	-56.24M	-69.29M	-91.50M	-68.67M	-76.21M	-66.93M	-87.29M	-67.41M	-48.83M	-15.44M	-6.47M	-700.00K	-100.00K	600.00K	800.00K	600.00K	300.00K	500.00K	200.00K
Income Before Tax Ratio	-139.79%	-87.10%	-112.21%	-145.18%	-125.67%	-127.50%	-56.30%	-56.30%	-46.83%	-18.03%	-21.30%	-18.62%	-29.71%	-37.42%	-80.59%	-78.72%	-90.83%	-142.38%	-228.95%	-220.40%	-278.11%	-199.51%	-118.44%	-58.97%	-31.22%	-3.50%	-0.41%	2.42%	2.72%	1.76%	1.00%	2.25%	1.18%
Income Tax Expense	-25.00K	581.00K	819.00K	2.00K	46.00K	109.00K	-3.02M	44.00K	519.00K	274.00K	488.00K	371.00K	69.00K	113.00K	91.00K	2.31M	556.00K	-4.51M	-4.75M	-2.76M	21.18M	-6.42M	7.00K	-6.11M	-2.54M	300.00K	-1.70M	200.00K	300.00K	200.00K	100.00K	200.00K	100.00K
Net Income	-129.21M	-107.57M	-147.23M	-101.03M	-89.11M	-77.57M	-47.33M	-53.90M	-50.96M	-29.36M	-38.13M	-34.36M	-35.50M	-45.71M	-53.30M	-69.29M	-93.36M	-68.67M	-76.11M	-68.19M	-86.44M	-67.41M	-48.84M	-15.44M	-4.46M	-1.00M	-400.00K	400.00K	500.00K	400.00K	200.00K	300.00K	100.00K
Net Income Ratio	-115.23%	-87.17%	-112.84%	-145.18%	-125.73%	-127.68%	-52.92%	-56.34%	-47.07%	-18.00%	-21.15%	-18.31%	-29.43%	-37.30%	-76.38%	-78.72%	-92.68%	-142.38%	-228.63%	-224.52%	-275.42%	-199.51%	-118.45%	-58.97%	-21.53%	-5.00%	-1.65%	1.61%	1.70%	1.18%	0.66%	1.35%	0.59%
EPS	-0.01	-0.26	-0.38	-0.30	-0.40	-1.41	-6.86	-12.96	-20.55	-14.39	-22.36	-26.57	-30.89	-52.87	-81.71	-137.83	-196.05	-159.53	-214.69	-203.45	-260.01	-246.75	-179.71	-64.70	-22.69	-5.78	-3.24	4.32	3.12	3.24	2.16	2.16	1.08
EPS Diluted	-0.01	-0.26	-0.38	-0.30	-0.40	-1.41	-6.86	-12.96	-20.54	-14.37	-22.35	-26.53	-30.89	-52.87	-81.71	-137.83	-196.05	-159.53	-214.69	-203.45	-260.01	-246.75	-179.71	-64.70	-22.69	-5.76	-3.24	4.32	2.95	3.24	2.16	2.16	1.08
Weighted Avg Shares Out	16.51B	419.75M	383.14M	334.74M	221.96M	55.08M	6.90M	4.16M	2.48M	2.04M	1.70M	1.29M	1.15M	864.56K	652.26K	502.72K	476.18K	430.49K	354.49K	335.15K	332.46K	273.21K	271.77K	238.60K	196.51K	172.96K	123.52K	138.95K	160.26K	123.52K	185.28K	138.95K	153.08K
Weighted Avg Shares Out (Dil)	16.51B	419.75M	383.14M	334.74M	221.96M	55.08M	6.90M	4.16M	2.48M	2.04M	1.71M	1.30M	1.15M	864.56K	652.26K	502.72K	476.18K	430.49K	354.49K	335.15K	332.46K	273.21K	271.77K	238.60K	196.51K	173.70K	123.52K	138.95K	169.29K	123.52K	185.28K	138.95K	153.08K

FuelCell Energy shares slip on mixed 4Q earnings report

December 19, 2023proactiveinvestors.com

FuelCell Energy (NASDAQ:FCEL) shares traded lower after the fuel cell technology company reported mixed results for the fourth quarter. It reported a 43% drop in revenue from $39.2 million in the year-ago quarter to $22.5 million, while it narrowed its...

FuelCell Energy (FCEL) Reports Q4 Earnings: What Key Metrics Have to Say

December 19, 2023zacks.com

While the top- and bottom-line numbers for FuelCell Energy (FCEL) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street...

FuelCell Energy (FCEL) Reports Q4 Loss, Misses Revenue Estimates

December 19, 2023zacks.com

FuelCell Energy (FCEL) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.11 per share a year ago.

FuelCell Energy Stock Falls as Revenue Drops 43%

December 19, 2023barrons.com

FuelCell reports fiscal fourth-quarter revenue of $22.5 million, down from $39.2 million a year earlier.

FuelCell's stock falls after revenue falls short of expectations

December 19, 2023marketwatch.com

Shares of FuelCell Energy Inc. FCEL, -0.65% fell 2% in premarket trading Tuesday, after the fuel cell technology company reported fiscal fourth-quarter revenue that fell short of expectations, as product revenue dropped. Net losses for the quarter to Oct. 31...