FuelCell Energy, Inc. (FCEL) Stock

About FuelCell Energy, Inc.

FuelCell Energy, Inc. is led by CEO Jason Few, employs 584 people, headquartered in US, publicly traded since 1992.

FuelCell Energy, Inc. (FCEL) stock trades at $11.11 with a market capitalization of $888.29M. The stock is valued at a negative price-to-earnings (P/E) ratio of -5.38, reflecting a net loss over the last twelve months, price-to-book of 1.33, price-to-sales of 9.58. Over the past 52 weeks the stock has ranged between $5.71 and $37.88, and currently trades 70.7% below its 52-week high.

On profitability, FuelCell Energy, Inc. generates a return on equity (ROE) of -22.15% (negative, reflecting a net loss), return on capital employed of -8.89%, an operating margin of -76.58%, a net profit margin of -113.94%.

FuelCell Energy, Inc. by the numbers, 2016–2025

Between 2016 and 2025 FuelCell Energy, Inc. reported revenue of $108.0M rising to $158.0M, a change of +46.3% across 10 years. Compounded, revenue has grown 17.4% a year over five years, 6.7% over three, 41.1% over the last twelve months. Net profit fell to $-188.0M.

Operating margin went from -42.8% in 2016 to -76.7% in 2025, a fall of 33.8 percentage points. The most recent net margin is -113.94%. On a trailing twelve-month basis to Jun '26, revenue is $155.0M and net profit $-177.0M.

Borrowings rose from $86.0M to $144.0M, cash from operations was $-125.0M in the latest year, positive in 1 of the last 10.

Return on equity has averaged -18.4% over five years, and was -26.0% in the most recent year.

The share price itself has compounded at —% a year over five years, —% over three, —% over the last year. Past price movement is history, not a forecast.

Figures are as reported and in the company's own reporting currency. They describe what has already happened and carry no implication about what follows.

FuelCell Energy, Inc. (FCEL) — frequently asked questions