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FuelCell Energy FCEL Contributions from noncontrolling interests

Contributions from noncontrolling interests at other companies

Plug Power logo
Plug PowerPLUG
$300K
Constellation Energy logo
Constellation EnergyCEG
$1.75B
Ormat Technologies logo
Ormat TechnologiesORA
$5.47M-46.7%

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$1.63B+1,661%
Enterprise value$1.29B-2,549%
P/S9.7×+9.1×

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:ProceedsFromMinorityShareholders.

The source filing: FuelCell Energy’s 10-Q, filed March 9, 2026.

Filed
Mar 9, 2026, 7:40 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001104659-26-024970
Line itemThree Months Ended January 31, 2026Three Months Ended January 31, 2025
Proceeds from the issuance of debt25,036-
Payment for deferred financing costs(2,262)(152)
Common stock issued for stock plans and related expenses916
Contributions received from sale of noncontrolling interest4,0004,000
Distribution to noncontrolling interest(637)(600)
Payments for taxes related to net share settlement of equity awards(593)(483)
Common stock issuance, net of fees54,9175,892
Payment of preferred dividends(800)(800)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FuelCell Energy's contributions from noncontrolling interests?
FuelCell Energy (FCEL) reported contributions from noncontrolling interests of $4M in Q4 2025.
How has FuelCell Energy's contributions from noncontrolling interests changed year-over-year?
FuelCell Energy's contributions from noncontrolling interests decreased by 0.0% year-over-year, from $4M to $4M.
What does contributions from noncontrolling interests mean?
Cash contributions received from minority interest holders in partially owned subsidiaries, increasing their investment.

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