Friday 6 November 2026 Export FCEL’s income statement to Excel — free account

FuelCell Energy, Inc.

FCEL Industrials Electrical Equipment & Parts

FuelCell Energy, Inc.’s revenue for fiscal 2025 (year ended October 2025) was $158.2 million, up 41.0% from fiscal 2024.

Revenue: −29.4%
EPS: +83.1%
Free cash flow: +45.8%
Total debt: +21.6%

Quarter to July 2026, against a year earlier

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9.98 1.05 +11.76%

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Market cap: $714.0M
P/E: 0.0×
Fwd P/E: −3.9×
Dividend yield: —
F-score: 5/9
Altman Z: −2.24
Beneish M: n/a
Dividend safety: n/a

Overview

A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.

	Oct '16	Oct '17	Oct '18	Oct '19	Oct '20	Oct '21	Oct '22	Oct '23	Oct '24	Oct '25
Cash and Short Term Investments Full definition →	93.62	53.92	45.10	12.91	159.10	443.48	462.48	358.87	269.42	294.70
Receivables Full definition →	24.59	68.52	23.04	10.98	17.60	23.65	15.90	20.11	48.60	53.01
Inventory Full definition →	73.81	74.50	53.58	54.52	50.97	67.07	90.91	84.46	113.70	86.20
Other current assets Full definition →	10.18	6.57	8.59	5.92	6.31	9.18	10.99	12.88	12.74	15.91
Total current assets Full definition →	202.20	203.51	130.30	84.32	233.98	543.39	580.28	476.31	444.46	449.81
Property, Plant, Equpment (Net) Full definition →	36.64	43.57	48.20	41.13	36.33	39.42	58.14	89.67	130.69	96.44
Goodwill and Intangible Assets (Total) Full definition →	13.67	13.67	13.67	25.34	24.04	22.75	21.45	20.15	18.85	3.89
Long-term assets (Other) Full definition →	88.22	123.04	148.25	180.48	210.10	257.01	265.11	353.71	339.26	367.56
Total non-current assets Full definition →	138.53	180.28	210.12	249.13	289.56	331.86	359.44	479.21	499.67	482.34
Total Assets Full definition →	340.73	383.79	340.42	333.45	523.54	875.25	939.72	955.52	944.12	932.15
Accounts Payable Full definition →	18.48	42.62	22.59	16.94	9.58	19.27	28.20	26.52	22.59	17.01
Accrued Expenses Full definition →	20.90	18.38	7.63	11.45	15.68	16.10	27.42	26.31	30.36	31.32
Current Part of Debt Full definition →	5.01	28.28	17.60	21.92	21.37	10.09	13.20	10.07	15.92	15.85
Current Revenue (Deferred) Full definition →	6.81	7.96	11.35	11.47	10.40	6.29	16.34	2.41	4.23	2.73
Other current liabilities Full definition →	0.80	0.84	0.95	0.95	0.94	—	—	—	—	—
Total current liabilities Full definition →	52.00	98.08	60.12	62.73	58.90	52.77	85.80	65.90	73.90	67.84
Long Term Debt (Total) Full definition →	80.86	63.76	71.62	90.14	150.65	78.63	82.86	119.59	130.85	115.23
Non-current Revenue (Deferred) Full definition →	20.97	18.92	16.79	28.71	31.50	30.43	9.10	0.73	3.01	5.99
Preferred Shares of Subsidiary (Mandatory, Redeemable) Full definition →	59.86	87.56	94.73	59.86	78.12	59.86	59.86	59.86	59.86	59.86
Liabilities (Preferred Stock) Full definition →	12.65	14.22	14.97	16.28	18.27	—	—	—	—	—
Minority Interests Full definition →	—	—	—	—	—	3.03	3.03	0.00	—	—
Total non-current liabilities Full definition →	174.34	184.45	198.11	194.98	270.09	180.04	162.42	189.17	202.61	193.02
Total liabilities Full definition →	226.33	282.53	258.23	257.71	328.99	232.81	248.22	255.07	276.52	260.86
Additional Paid In Capital Full definition →	1,004.57	1,045.20	1,073.46	1,151.45	1,359.45	1,908.47	2,094.08	2,199.70	2,300.03	2,493.32
Common Stock (Net) Full definition →	0.00	0.01	0.00	0.02	0.03	0.04	0.04	0.00	0.00	0.01
Retained Earnings Full definition →	(889.63)	(943.53)	(990.87)	(1,075.09)	(1,164.20)	(1,265.25)	(1,407.97)	(1,515.54)	(1,641.55)	(1,829.45)
Treasury Stock Full definition →	0.18	0.28	0.36	0.47	0.43	0.59	0.86	1.08	1.20	1.41
Common Equity (Total) Full definition →	114.40	101.26	82.19	75.74	194.55	642.44	691.50	700.45	667.61	671.28
Shareholders Equity (Total) Full definition →	114.40	101.26	82.19	75.74	194.55	642.44	691.50	700.45	667.61	671.28
Shareholders Equity and Liabilities (Total) Full definition →	340.73	383.79	340.42	333.45	523.54	875.25	939.72	955.52	944.12	932.15
Shares (Common) Full definition →	0.10	0.19	0.27	6.45	9.81	12.21	13.51	15.02	20.38	46.08
Shareholders Equity (Tangible) Full definition →	100.73	87.59	68.53	50.40	170.51	619.69	670.05	680.30	648.76	667.39
Net Debt Full definition →	(7.76)	38.12	44.12	99.15	12.92	(354.76)	(366.42)	(229.22)	(122.64)	(163.63)
Total Debt Full definition →	85.87	92.04	89.22	112.06	172.02	88.72	96.06	129.66	146.77	131.07

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In millions of $ except per-share values · columns are period end dates · fundamentals updated 26 Oct 2026

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