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FuelCell Energy FCEL Product — Cost of Goods Sold

Other product segments

Electricity Generation
$22.06M+19.8%
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$1.62B+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
Advanced Technologies4,7154,111
Total revenues35,58937,406
Costs of revenues:
Product20,28216,261
Service3,4899,067
Generation22,05518,411
Advanced Technologies2,6923,105
Total costs of revenues48,51846,844

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is FuelCell Energy's product — cost of goods sold?
FuelCell Energy (FCEL) reported product — cost of goods sold of $20.28M in Q1 2026.
How has FuelCell Energy's product — cost of goods sold changed year-over-year?
FuelCell Energy's product — cost of goods sold increased by 24.7% year-over-year, from $16.26M to $20.28M.
What is the long-term trend for FuelCell Energy's product — cost of goods sold?
Over 4 years (2021 to 2025), FuelCell Energy's product — cost of goods sold has grown at a 79.5% compound annual growth rate (CAGR), from $7.98M to $82.85M.
What does product — cost of goods sold mean?
This metric captures the direct costs attributable to the production, manufacturing, and delivery of products and services within a specific segment. It includes expenses such as raw materials, direct labor, and manufacturing overhead required to fulfill customer contracts. Monitoring this metric is essential for assessing the segment's gross margin performance and operational efficiency in managing production costs.

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