FCEL Q2 2024 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q2 2024 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$22M-41.5% YoY

Gross Profit

-$7M-31.6% margin

Operating Income

-$41M-184.5% margin

Net Income

-$32M-143.4% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

+34.3%

Cash Flow

Operating Cash Flow

-$37M

Free Cash Flow

-$51M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$917M

Total Liabilities

$205M

Stockholders' Equity

$700M

Cash & Equivalents

$164M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$22M	$38M	-41.5%
Gross Profit	-$7M	-$6M	-16.1%
Operating Income	-$41M	-$36M	-15.3%
Net Income	-$32M	-$34M	+5.2%

Revenue Segments

Generation

$335M92%

Advanced Technologies

$14M4%

Product

$12M3%

Service

$1M0%