FCEL Q3 2023 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q3 2023 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$26M-40.8% YoY

Gross Profit

-$8M-32.2% margin

Operating Income

-$41M-162.3% margin

Net Income

-$24M-95.2% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

-33.5%

Cash Flow

Operating Cash Flow

-$36M

Free Cash Flow

-$63M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$945M

Total Liabilities

$177M

Stockholders' Equity

$768M

Cash & Equivalents

$310M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$26M	$43M	-40.8%
Gross Profit	-$8M	-$4M	-96.5%
Operating Income	-$41M	-$28M	-47.9%
Net Income	-$24M	-$29M	+16.2%

Revenue Segments

Generation

$11M32%

Service

$10M28%

Product

$9M26%

Advanced Technologies

$5M14%