What is FuelCell Energy's SG&A?

FuelCell Energy (FCEL) reported SG&A of $14.71M in Q1 2026.

How has FuelCell Energy's SG&A changed year-over-year?

FuelCell Energy's SG&A decreased by 10.7% year-over-year, from $16.47M to $14.71M.

What is the long-term trend for FuelCell Energy's SG&A?

Over 4 years (2021 to 2025), FuelCell Energy's SG&A has grown at a 12.5% compound annual growth rate (CAGR), from $37.95M to $60.74M.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

FuelCell Energy FCEL SG&A

SG&A at other companies

Plug PowerPLUG

$70.21M-13.2%

ArganAGX

$15.72M+25.5%

GE VernovaGEV

$1.3B+9.3%

Franklin ElectricFELE

$123.01M+2.8%

NOVA, Inc.NOV

$332M+12.5%

EMCOR GroupEME

$460.11M+13.9%

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:SellingGeneralAndAdministrativeExpense.

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 sg&a.

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

Connect your AI

Claude

Questions, answered.

What is FuelCell Energy's SG&A?: FuelCell Energy (FCEL) reported SG&A of $14.71M in Q1 2026.
How has FuelCell Energy's SG&A changed year-over-year?: FuelCell Energy's SG&A decreased by 10.7% year-over-year, from $16.47M to $14.71M.
What is the long-term trend for FuelCell Energy's SG&A?: Over 4 years (2021 to 2025), FuelCell Energy's SG&A has grown at a 12.5% compound annual growth rate (CAGR), from $37.95M to $60.74M.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.