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FuelCell Energy, Inc. (FCEL) is a manufacturing and production company in the clean energy equipment manufacturers industry, based in Danbury, United States, with about 424 full-time employees.
It reported revenue of $158.16 million for fiscal year 2025, up 41.0% from fiscal year 2024, and net income of -$191.10 million. In Q3 2026 (the quarter ended July 31, 2026) revenue was $33.00 million, down 29.4% from a year before. United States was its largest region in fiscal year 2025, with 52% of revenue. Its market capitalization was $1.44 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended October 31, 2025; market data as of October 9, 2026.
, together with its subsidiaries, engages in the design, development, production, construction, operation, and servicing of high temperature fuel cells for clean electric power generation. The company engages in the provision of carbonate fuel cell technology; and commercialization of solid oxide electrolysis technology for distributed hydrogen.
FuelCell Energy reported $158.16 million in revenue for fiscal year 2025, up 41.0% from $112.13 million in fiscal year 2024. In Q3 2026 revenue was $33.00 million.
United States: 52% of revenue by region in fiscal year 2025, followed by South Korea (48%).
$1.44 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (clean energy equipment manufacturers) include Plug Power Inc. (PLUG), Flat Glass Group Co., Ltd. (FGSGF), Shoals Technologies Group, Inc. (SHLS), Canadian Solar Inc. (CSIQ).