When did FuelCell Energy report Q1 2025 earnings?

FuelCell Energy (FCEL) reported Q1 2025 earnings on March 11, 2025 before market open.

What were FuelCell Energy's Q1 2025 revenue and EPS?

FuelCell Energy reported revenue of $19.0M and diluted EPS of $-1.42 for Q1 2025.

Did FuelCell Energy beat estimates in Q1 2025?

Revenue missed the consensus estimate of $33.9M by $14.9M. EPS beat the consensus estimate of $-1.52 by $0.10.

Where can I find FuelCell Energy's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0001558370-25-002637) directly on SEC EDGAR. The filing index links above go to sec.gov.

FuelCell Energy FCEL Q1 2025 earnings

Reported March 11, 2025 · Before market open

Revenue$19.0MMiss by $14.9M Diluted EPS-$1.42Beat by $0.10

Revenue estimate$33.9M

EPS estimate-$1.52

Next report

Sep 8, 2026 (in 2 months)

Revenue estimate$40.6M

EPS estimate-$0.40

Financials

Q1 2025

Income statement

See full

Revenue$19.0M+13.8%

Gross profit-$5.2M+55.6%

Operating income-$32.9M+22.7%

Net income-$28.3M-43.1%

EPS (diluted)-$1.42-3.6%

Balance sheet

See full

Cash & equivalents$98.1M-67.0%

Total debt$26.4M+33.2%

Total equity$635.2M-4.3%

Total assets$907.5M-1.7%

Cash flow

See full

Operating cash flow-$45.7M+21.6%

CapEx$7.1M-33.2%

Free cash flow-$52.8M+23.3%

Valuation & ratios

Valuation

as of 01/31/25

See full

Market cap$157.05M-71.0%

Enterprise value$85.36M-67.7%

P/S1.4×-3.9×

Profitability

See full

Gross margin-25.7%-0.9pp

Operating margin-130.1%-16.1pp

Net margin-117.6%+15.1pp

FCF margin-161.3%-16.4pp

Returns & leverage

See full

Return on equity-20.7%+7.6pp

Debt / equity0×0.0×

Current ratio6.3×-1.9×

Segments

By geography

See full

US$17.9M-17.8%

KR$899.0K-84.3%

CA$115.0K+10.8%

By product

See full

Electricity Generation$11.3M+8.1%

Advanced Technologies$5.7M+25.1%

Service$1.8M+14.3%

Versus estimates

Revenue

Q2 2026$35.6MMiss by $4.9M Q1 2026$30.5MMiss by $11.6M Q4 2025$55.0MBeat by $7.4M Q3 2025$46.7MMiss by $672.3K Q2 2025$37.4MBeat by $5.0M

Q1 2025$19.0MMiss by $14.9M

Diluted EPS

Q2 2026-$0.53Miss by $0.01 Q1 2026-$0.52Beat by $0.16 Q4 2025-$0.83Beat by $0.14 Q3 2025-$0.95Beat by $0.64 Q2 2025-$1.79Miss by $0.28

Q1 2025-$1.42Beat by $0.10

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Questions, answered.

When did FuelCell Energy report Q1 2025 earnings?: FuelCell Energy (FCEL) reported Q1 2025 earnings on March 11, 2025 before market open.
What were FuelCell Energy's Q1 2025 revenue and EPS?: FuelCell Energy reported revenue of $19.0M and diluted EPS of $-1.42 for Q1 2025.
Did FuelCell Energy beat estimates in Q1 2025?: Revenue missed the consensus estimate of $33.9M by $14.9M. EPS beat the consensus estimate of $-1.52 by $0.10.
Where can I find FuelCell Energy's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0001558370-25-002637) directly on SEC EDGAR. The filing index links above go to sec.gov.