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FuelCell Energy FCEL Advanced Technologies — Cost of Goods Sold

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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$1.62B+1,516%
Enterprise value$1.28B-2,952%
P/S9.7×+9.0×

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:CostOfGoodsAndServicesSold.

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 itemThree Months Ended April 30, 2026Three Months Ended April 30, 2025
Product20,28216,261
Service3,4899,067
Generation22,05518,411
Advanced Technologies2,6923,105
Total costs of revenues48,51846,844
Gross loss(12,929)(9,438)
Operating expenses:
Administrative and selling expenses14,70816,470

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FuelCell Energy's advanced technologies — cost of goods sold?
FuelCell Energy (FCEL) reported advanced technologies — cost of goods sold of $2.69M in Q1 2026.
How has FuelCell Energy's advanced technologies — cost of goods sold changed year-over-year?
FuelCell Energy's advanced technologies — cost of goods sold decreased by 13.3% year-over-year, from $3.11M to $2.69M.
What is the long-term trend for FuelCell Energy's advanced technologies — cost of goods sold?
Over 4 years (2021 to 2025), FuelCell Energy's advanced technologies — cost of goods sold has grown at a -2.2% compound annual growth rate (CAGR), from $16.5M to $15.12M.
What does advanced technologies — cost of goods sold mean?
This metric captures the direct costs incurred to produce and deliver the goods and services associated with the advanced technologies segment. It includes expenses such as raw materials, direct labor, and manufacturing overhead specifically attributable to these specialized projects. Monitoring this cost is essential for assessing the gross margin efficiency and operational profitability of the company's advanced technology offerings.

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