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FuelCell Energy FCEL Electricity Generation — Cost of Goods Sold

Other product segments

Service
$3.49M-61.5%
Advanced Technologies
$2.69M-13.3%

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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$1.46B+746%
Enterprise value$1.11B+4,228%
P/S8.7×+7.3×

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

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Questions, answered.

What is FuelCell Energy's electricity generation — cost of goods sold?
FuelCell Energy (FCEL) reported electricity generation — cost of goods sold of $22.06M in Q1 2026.
How has FuelCell Energy's electricity generation — cost of goods sold changed year-over-year?
FuelCell Energy's electricity generation — cost of goods sold increased by 19.8% year-over-year, from $18.41M to $22.06M.
What is the long-term trend for FuelCell Energy's electricity generation — cost of goods sold?
Over 4 years (2021 to 2025), FuelCell Energy's electricity generation — cost of goods sold has grown at a 15.4% compound annual growth rate (CAGR), from $36.02M to $63.97M.
What does electricity generation — cost of goods sold mean?
This metric captures the direct costs incurred to generate and deliver electricity, including fuel costs, maintenance, site operations, and depreciation of power generation assets. It serves as a primary measure of operational efficiency and the direct profitability of the energy generation business model. Monitoring this helps assess the company's ability to manage input costs relative to energy production output.