SequelSEC

FUELCELL ENERGY INC FCEL

Electrical Industrial Apparatus · CIK 0000886128 · Fiscal year ends 1031

AnnualQuarterlyTTM
Revenue
$154.14M
Fiscal year ended 2026-07-31
Operating income
-$179.19M
Fiscal year ended 2026-07-31
Free cash flow
Unavailable
Fiscal year ended 2026-07-31

Valuation, from the filing

Public float$93.08MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-04-30
Float per share$1.95Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue0.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-04-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-10-31 — the year that filing covered.

How this compares in its industry

Percentile among the Electrical Industrial Apparatus filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
R&D / revenue21.5%100th
Revenue YoY growth41.0%100th
Current ratio6.63x86th
Gross margin-16.7%20th
Net margin-118.8%25th
Operating margin-121.6%25th
SBC / revenue7.0%75th

FUELCELL ENERGY INC (FCEL) reported revenue of $154.14M and net income of -$175.10M for the fiscal year ended 2026-07-31. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from FUELCELL ENERGY INC’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Electrical Industrial Apparatus.

Income

FUELCELL ENERGY INC income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Revenue$154.14M
Cost of revenue$204.06M
Gross profit-$49.92M
Operating income-$179.19M
Net income-$175.10M
Research & development$28.64M
Weighted-average diluted sharesUnavailable
Pretax income-$178.34M
Income tax expenseUnavailable
Diluted EPSUnavailable
Selling, general & administrative$57.00M
General & administrativeUnavailable
Selling & marketingUnavailable

Balance

FUELCELL ENERGY INC balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Cash & equivalents$658.08M
Total assets$1.31B
Current assets$833.30M
Total liabilities$268.41M
Current liabilities$96.08M
Total equity incl. NCI$982.90M
Temporary (mezzanine) equity$59.86M
Inventory$86.38M
Accounts receivable$7.17M
GoodwillUnavailable
Long-term debt$134.78M
Accounts payable$16.33M

Cash flow

FUELCELL ENERGY INC cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Operating cash flow-$96.30M
Capital expendituresUnavailable
Investing cash flow-$16.93M
Financing cash flow$613.56M
Net change in cash$500.47M
Stock-based compensation$9.90M
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$40.56M

Derived

FUELCELL ENERGY INC derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-07-31
Free cash flowUnavailable
Gross margin-32.4%
Operating margin-116.3%
FCF marginUnavailable
SBC / revenue6.4%
Current ratio8.67x
Revenue YoY growth1.1%
Net margin-113.6%
R&D / revenue18.6%
CapEx / revenueUnavailable
Long-term debt / equity0.14x
Effective tax rateUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FCEL in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-09-02View SEC filing
10-Q · Filed 2026-06-08View SEC filing
10-Q · Filed 2026-03-09View SEC filing
10-K · Filed 2025-12-18View SEC filing
10-Q · Filed 2025-09-09View SEC filing
10-Q · Filed 2025-06-06View SEC filing

Companies in the same industry

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Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.