FCEL Q1 2023 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q1 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$37M+16.6% YoY

Gross Profit

$5M14.1% margin

Operating Income

-$22M-60.6% margin

Net Income

-$21M-56.9% margin

EPS (Diluted)

$-0.05

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$53M

Free Cash Flow

-$63M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$892M

Total Liabilities

$157M

Stockholders' Equity

$728M

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$37M	$32M	+16.6%
Gross Profit	$5M	-$3M	+280.9%
Operating Income	-$22M	-$45M	+49.9%
Net Income	-$21M	-$41M	+48.1%

Revenue Segments

Service

$14M37%

Generation

$10M26%

Product

$9M25%

Advanced Technologies

$5M12%