FCEL Q3 2025 Earnings — FuelCell Energy, Inc. Revenue & Financial Results | Market Cap Arena

FCELFuelCell Energy, Inc.

$347M

Q3 2025 Earnings

Industrials Electrical Equipment & Parts

Income Statement

Revenue

$47M+97.3% YoY

Gross Profit

-$5M-11.0% margin

Operating Income

-$95M-204.0% margin

Net Income

-$92M-196.1% margin

EPS (Diluted)

$-3.78

QoQ Revenue Growth

+25.0%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$32M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$831M

Total Liabilities

$205M

Stockholders' Equity

$616M

Cash & Equivalents

$175M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$47M	$24M	+97.3%
Gross Profit	-$5M	-$6M	+17.2%
Operating Income	-$95M	-$34M	-183.7%
Net Income	-$92M	-$33M	-180.6%

Revenue Segments

Electricity, Generation

$379M78%

Product

$96M20%

Advanced Technologies

$7M1%

Service

$3M1%