Skip to content
Screener

FuelCell Energy FCEL Q2 2025 earnings

Reported June 6, 2025 · Before market open

Revenue$37.4MBeat by $5.0M
EPS-$1.79Miss by $0.28
Revenue estimate$32.4M
EPS estimate-$1.51

Next report

Sep 2, 2026 (In 5 days)
Revenue estimate$38.8M
EPS estimate-$0.41

Financials

Q2 2025

Income statement

See full
Revenue$37.4M+66.8%
Gross profit-$9.4M-33.4%
Operating income-$35.8M+13.4%
Net income-$38.0M-18.4%
EPS (diluted)-$1.79+17.9%

Balance sheet

See full
Cash & equivalents$116.1M-26.9%
Total debt$26.3M+23.2%
Total equity$609.2M-4.8%
Total assets$883.8M-3.6%

Cash flow

See full
Operating cash flow-$29.9M+19.5%
CapEx$5.3M-60.0%
Free cash flow-$35.2M+30.1%

Valuation & ratios

Valuation

as of 04/30/25
See full
Market cap$81.4M-80.6%
Enterprise value-$8.37M-103%
P/S0.6×-4.2×

Profitability

See full
Gross margin-24.5%-4.9pp
Operating margin-110.7%-31.8pp
Net margin-108.5%-11.0pp
FCF margin-130.9%-38.1pp

Returns & leverage

See full
Return on equity-22.5%+12.0pp
Debt / equity0×0.0×
Current ratio5.6×-0.9×

Segments

By product

See full
Electricity Generation$12.1M-14.1%
Service$8.1M+495%
Advanced Technologies$4.1M-40.7%

By geography

See full
US$23.5M+8.0%
KR$13.8M+142%

FAQ

When did FuelCell Energy report Q2 2025 earnings?
FuelCell Energy (FCEL) reported Q2 2025 earnings on June 6, 2025 before market open.
What were FuelCell Energy's Q2 2025 revenue and EPS?
FuelCell Energy reported revenue of $37.4M and eps of $-1.79 for Q2 2025.
Did FuelCell Energy beat estimates in Q2 2025?
Revenue beat the consensus estimate of $32.4M by $5.0M. EPS missed the consensus estimate of $-1.51 by $0.28.
How did FuelCell Energy's Q2 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 66.8% from $22.4M a year earlier and eps grew 14.8% from $-2.10.
Where can I find FuelCell Energy's Q2 2025 SEC filings?
You can read the 8-K earnings release (0001558370-25-008461) and the 10-Q periodic report (0001558370-25-008463) directly on SEC EDGAR. The filing index links above go to sec.gov.