FCEL Q2 2023 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q2 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$38M+134.1% YoY

Gross Profit

-$6M-15.9% margin

Operating Income

-$36M-93.5% margin

Net Income

-$34M-88.4% margin

EPS (Diluted)

$-0.08

QoQ Revenue Growth

+3.4%

Cash Flow

Operating Cash Flow

-$35M

Free Cash Flow

-$62M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$859M

Total Liabilities

$153M

Stockholders' Equity

$698M

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$16M	+134.1%
Gross Profit	-$6M	-$7M	+16.6%
Operating Income	-$36M	-$28M	-27.1%
Net Income	-$34M	-$30M	-12.2%

Revenue Segments

Service

$26M55%

Product

$9M19%

Generation

$8M18%

Advanced Technologies

$4M8%