FuelCell Energy designs, manufactures and services stationary fuel cell power plants that generate electricity (and often useful heat) from natural gas or other fuels with low on-site emissions. Its platforms include molten carbonate and solid oxide technologies aimed at utilities, industrial sites and distributed-generation customers seeking baseload or resilient power. The business model combines equipment sales, long-term service and, in some cases, project ownership or power-purchase arrangements.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 37.4 | — | -38.9 | — |
| Q3 2025 | 46.7 | — | -92.5 | — |
| Q4 2025 | 55 | — | -30.7 | — |
| Q1 2026 | 30.5 | — | -23.7 | — |
| Q2 2026 | 35.6 | -4.9% | -78.7 | — |
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