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FuelCell Energy, Inc. (FCEL) Financial History

4 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

Industrials · Electrical Equipment & Parts · DATA UPDATED 2026-07-09

FuelCell Energy, Inc. (FCEL) operates in the Electrical Equipment & Parts industry and is headquartered in Danbury, United States with about 629 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-10-31, FCEL reported $158M in revenue and ($188M) in net income.

FuelCell Energy, Inc., together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation.

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FCEL Revenue & Earnings History — Annual Income Statement

Income statement2025-10-312024-10-312023-10-312022-10-312021-10-31
Total Revenue$158M$112M$123M$130M
Gross Profit($26M)($36M)($10M)($30M)
Operating Income (EBIT)($121M)($156M)($136M)($144M)
Net Income($188M)($126M)($108M)($143M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FCEL Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-04-302026-01-312025-10-312025-07-312025-04-30
Total Revenue$36M$30M$55M$47M$37M
Gross Profit($13M)($6M)($7M)($5M)($9M)
Operating Income (EBIT)($35M)($26M)($27M)($27M)($36M)
Net Income($78M)($23M)($30M)($92M)($38M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FCEL Free Cash Flow History

Cash flow2025-10-312024-10-312023-10-312022-10-312021-10-31
Dividends Paid($3M)($3M)($3M)($3M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FCEL Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-31
Dividends Paid($1M)($1M)($1M)($1M)($1M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FCEL Balance Sheet History

Balance sheet2025-10-312024-10-312023-10-312022-10-312021-10-31
Total Assets$932M$944M$956M$940M
Total Liabilities$201M$217M$195M$185M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FCEL viewer.

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