FuelCell Energy, Inc.
FuelCell Energy, Inc. (Nasdaq: FCEL) develops, manufactures, sells, installs, operates and maintains stationary molten carbonate fuel cell systems for clean power generation and emissions management. Its modular systems provide continuous electricity, and can also supply heat, support combined heat and power, produce… From the company’s description.
Over the twelve months to Jul 31, 2026, FuelCell Energy, Inc. reported revenue of $154.14M, up 1.1% from a year earlier, and a net loss of $178.30M. Its operating margin was −116.3%, and operations used $96.30M in cash. In fiscal 2025, it reported revenue of $158.16M, up 41.0% from fiscal 2024, and a net loss of $191.37M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What FuelCell Energy, Inc. does
In the company’s own words
FuelCell Energy, Inc. (Nasdaq: FCEL) develops, manufactures, sells, installs, operates and maintains stationary molten carbonate fuel cell systems for clean power generation and emissions management. Its modular systems provide continuous electricity, and can also supply heat, support combined heat and power, produce hydrogen and capture or separate carbon dioxide. Customers include utilities, independent power producers, data centers, industrial and commercial businesses, wastewater treatment facilities, and government and municipal organizations. The company generates revenue from product sales, long-term service agreements, electricity and related attributes from projects it owns, and customer- or government-sponsored technology programs. Its commercially available carbonate platform serves distributed generation, carbon capture and hydrogen applications; its solid oxide electrolysis technology remains under development. FuelCell Energy markets primarily in the United States and Canada, Europe and the United Kingdom, and selected Asian markets. Its systems are sold in 1.25-megawatt modules, and operating utility-scale projects include installations rated at 10, 20 and 58.8 megawatts.
Company details
- Sector
- Industrials
- Industry (SIC)
- Electronic Equipment
- Headquarters
- DANBURY, CT
- Fiscal year end
- October
- CIK
- 886128
- SIC
- 3620
Financial performance, year by year
Fiscal 2011–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns FuelCell Energy, Inc. — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · FuelCell Energy, Inc.’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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