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FuelCell Energy FCEL Accrued Expenses

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Other financials

Income statement

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Revenue$35.6M-4.9%
Gross profit-$12.9M-37.0%
Operating income-$77.9M-118%
Net income-$77.9M-105%
EPS (diluted)-$1.45+19.0%

Balance sheet

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Cash & equivalents$373.2M+222%
Total debt$30.2M+14.7%
Total equity$719.4M+18.1%
Total assets$1.0B+13.5%

Cash flow

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Operating cash flow-$27.3M+8.7%
CapEx$1.7M-67.7%
Free cash flow-$29.0M+17.5%

Valuation

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Market cap$1.59B+1,609%
Enterprise value$1.24B-2,458%
P/S9.4×+8.8×

Profitability

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Gross margin-18.2%-3.7pp
Operating margin-135.7%+39.6pp
Net margin-132.4%+37.4pp
FCF margin-71.3%-22.3pp

Returns & leverage

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Return on equity-33.5%+31.9pp
Debt / equity0.0×
Current ratio8.6×+3.0×

Where this comes from

Reported directly by FuelCell Energy in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The source filing: FuelCell Energy’s 10-Q, filed June 8, 2026.

Filed
Jun 8, 2026, 7:40 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-071183
Line itemApril 30, 2026October 31, 2025
Current portion of long-term debt$17,351$15,847
Current portion of operating lease liabilities1,003932
Accounts payable16,46417,009
Accrued liabilities24,12331,318
Deferred revenue4,3592,733
Total current liabilities63,30067,839
Long-term deferred revenue10,3625,985
Long-term operating lease liabilities11,79911,954

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FuelCell Energy's accrued expenses?
FuelCell Energy (FCEL) reported accrued expenses of $24.12M in Q1 2026.
How has FuelCell Energy's accrued expenses changed year-over-year?
FuelCell Energy's accrued expenses decreased by 3.3% year-over-year, from $24.95M to $24.12M.
What is the long-term trend for FuelCell Energy's accrued expenses?
Over 5 years (2020 to 2025), FuelCell Energy's accrued expenses has grown at a 14.8% compound annual growth rate (CAGR), from $15.68M to $31.32M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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