FCEL Q1 2024 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q1 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$17M-55.0% YoY

Gross Profit

-$12M-70.2% margin

Operating Income

-$42M-254.5% margin

Net Income

-$20M-118.6% margin

EPS (Diluted)

$-0.04

QoQ Revenue Growth

-25.7%

Cash Flow

Operating Cash Flow

-$58M

Free Cash Flow

-$76M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$923M

Total Liabilities

$181M

Stockholders' Equity

$724M

Cash & Equivalents

$303M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$17M	$37M	-55.0%
Gross Profit	-$12M	$5M	-323.9%
Operating Income	-$42M	-$22M	-89.2%
Net Income	-$20M	-$21M	+6.1%

Revenue Segments

Generation

$346M95%

Advanced Technologies

$18M5%