What is FuelCell Energy's deferred revenue?

FuelCell Energy (FCEL) reported deferred revenue of $4.36M in Q1 2026.

How has FuelCell Energy's deferred revenue changed year-over-year?

FuelCell Energy's deferred revenue increased by 49.4% year-over-year, from $2.92M to $4.36M.

What is the long-term trend for FuelCell Energy's deferred revenue?

Over 5 years (2020 to 2025), FuelCell Energy's deferred revenue has grown at a -23.5% compound annual growth rate (CAGR), from $10.4M to $2.73M.

What does deferred revenue mean?

Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

FuelCell Energy FCEL Deferred Revenue

Deferred Revenue at other companies

Plug PowerPLUG

$29.62M-31.7%

ArganAGX

$565.77M+99.4%

Chart IndustriesGTLS

$285M-12.4%

GE VernovaGEV

$31.83B+70.1%

MTZ

MasTecMTZ

$800.31M+4.4%

Fluence Energy, Inc.FLNC

$5.5B+7.8%

Segments

By product

See full

Electricity Generation$370.3M-3.3%

Service$155.4M-5.5%

Advanced Technologies$4.9M-38.0%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$27.3M+8.7%

CapEx$1.7M-67.7%

Free cash flow-$29.0M+17.5%

Valuation

See full

Market cap$1.46B+973%

Enterprise value$1.11B+2,320%

P/S8.7×+7.6×

Profitability

See full

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

See full

Return on equity-33.5%+31.9pp

Debt / equity0×0.0×

Current ratio8.6×+3.0×

Where this comes from

Reported directly by FuelCell Energy in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The official record: FuelCell Energy’s 10-Q, filed June 8, 2026, on SEC EDGAR. View the filing →

Ask your AI about FuelCell Energy's deferred revenue.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is FuelCell Energy's deferred revenue?: FuelCell Energy (FCEL) reported deferred revenue of $4.36M in Q1 2026.
How has FuelCell Energy's deferred revenue changed year-over-year?: FuelCell Energy's deferred revenue increased by 49.4% year-over-year, from $2.92M to $4.36M.
What is the long-term trend for FuelCell Energy's deferred revenue?: Over 5 years (2020 to 2025), FuelCell Energy's deferred revenue has grown at a -23.5% compound annual growth rate (CAGR), from $10.4M to $2.73M.
What does deferred revenue mean?: Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.