FCEL Q1 2026 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q1 2026 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$31M+60.7% YoY

Gross Profit

-$6M-19.2% margin

Operating Income

-$26M-86.1% margin

Net Income

-$24M-77.5% margin

EPS (Diluted)

$-0.49

QoQ Revenue Growth

-44.5%

Cash Flow

Operating Cash Flow

-$34M

Free Cash Flow

-$35M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$978M

Total Liabilities

$214M

Stockholders' Equity

$695M

Cash & Equivalents

$329M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$31M	$19M	+60.7%
Gross Profit	-$6M	-$5M	-12.5%
Operating Income	-$26M	-$33M	+20.0%
Net Income	-$24M	-$29M	+18.8%

Revenue Segments

Electricity, Generation

$370M86%

Product

$54M13%

Advanced Technologies

$5M1%

Service

$3M1%

Geographic Segments

UNITED STATES

$16M52%

KOREA, REPUBLIC OF

$14M47%

Europe

$118,0000%

CANADA

$106,0000%