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Ticker FCEL · Nasdaq · DE
25/100
FUELCELL ENERGY INC is a U.S. business entity operating within the Electrical Industrial Apparatus sector (SIC 3620). Publicly traded on the Nasdaq under the ticker symbol FCEL, the company is incorporated in Delaware. Based on SEC EDGAR filings, FCEL reported fiscal year 2025 revenue of $158.2M, reflecting a year-over-year growth of 41.0%. Our proprietary Semantic Risk Score of 14 indicates high transparency and low reporting risk, derived from the frequency and consistency of 10-K, 10-Q, and 8-K filing patterns. As part of the SIC 3620 classification, FUELCELL ENERGY INC serves as a key benchmark for investors and analysts monitoring Delaware corporate performance.
Comparison based on Standard Industrial Classification (SIC) mapping from SEC EDGAR filings.
Filing data sourced from SEC EDGAR signals. 10-K = annual report · 10-Q = quarterly · 8-K = material event.
FUELCELL ENERGY INC (FCEL) — Key efficiency & solvency metrics · FY2025
Operating Margin
Sector avg: -44.42%
Net Margin
Sector avg: -32.34%
Debt-to-Equity
Sector avg: -0.09
Current Ratio
Sector avg: 4.1
| Key Metric | Company | Industry Avg | Status |
|---|---|---|---|
| Total RevenueYoY: +41% | $158.2M | $755.0M | ▼ Lagging |
| Net IncomeYoY: -49.1% | $-187,899,000 | — | — |
| Operating MarginOperating income as % of revenue | -121.6% | -44.42% | ▼ Lagging |
| Net MarginNet income as % of revenue | -118.8% | -32.34% | ▼ Lagging |
| Debt-to-EquityTotal liabilities / stockholders equity. Lower = safer. | 0.3 | -0.09 | ▼ Leveraged |
| Current RatioCurrent assets / current liabilities. Above 1.0 = solvent. | 6.63 | 4.1 | ▲ Outperform |
Source: SEC EDGAR XBRL filings (10-K annual reports). Industry benchmarks derived from 9 companies in SIC 3620.
Disclaimer: All financial data is sourced from raw SEC EDGAR filings. Sprytne.com provides automated data visualization and algorithmic analysis for informational purposes only. This is NOT financial advice, a recommendation to buy/sell, or a guarantee of accuracy. Always verify data via official SEC sources before making investment decisions.
Federal Contracts
200009!1700!000917!E614B !OFFICE OF NAVAL RESEARCH, HEADQU!N0001400C0169 !A!*!* !20000519!20030530!050627884!050627884!050627884!N!63161!FUELCELL ENERGY, INC. !3 GREAT PASTURE ROAD !DANBURY !CT!06813!18430!001!09!DANBURY !FAIRFIELD !CONN !0001!+000000030000!N!N!000000000000!AC33!RDTE/SHIPS-ADV TECH DEV !S1 !SERVICES !2000!NOT DISCERNABLE OR CLASSIFIED !8733!3!*!*!*!B!A!*!A !N!T!2!001!A!* !Z!Y!Z!* !* !N!B!N!A!*!A!A!A!A!* !*!N!A!B!N!*!*!*!*!*!
U435CFE BAA HIGH EFFICIENCY ELETROCHEMICAL SEPARATPR FOR CO-PRODUCTION OF ELECTRICITY, HYDROGEN, AND HEAT FROM FCE'S DFC AND SOFC POWER PLANTS
U435CFE BAA MOLTEN CARBONATE FUEL CELL DEMONSTRATION MARINE AIR/GROUND TASK FORCE CENTER, 29 PALMS, CA
RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)
U435CFE BAA INSTALLATION & DEMONSTRATION OF DFC300 MOLTEN CARBONATE FUEL CELL AT CAMP PARKS, CA
U435CFE HIGH EFFICIENCY ELECTROCHEMICAL SEPARATOR FOR CO-PRODUCTION OF ELECTRICITY, HYDROGEN, AND HEAT FROM FCE'S DFC AND SOFC POWER PLANTS
200412!002327!1700!E612A !OFFICE OF NAVAL RESEARCH, HEADQU!N0001404C0464 !A!N! !N! ! !20040930!20040929!050627884!050627884!050627884!N!FUELCELL ENERGY, INC !3 GREAT PASTURE ROAD !DANBURY !CT!06813!18430!001!09!DANBURY !FAIRFIELD !CONN !+000000350000!N!N!000000000000!AD95!RDTE/OTHER DEFENSE-ENG/MANUF DEVELOP !S1 !SERVICES !000 !* !541710!E! !3! ! ! ! ! !99990909!B! ! !A! !A!N!U!2!999!K! !Z!Y!Z! ! !N!B!N!N! ! !A! !B!A!00 !C!B!N! ! ! ! ! ! !0001! !
RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES
LIQUID HYDROGEN IS USED EXTENSIVELY BY NASA TO SUPPORT CRYOGENIC ROCKET TESTING. IN ADDITION, THERE ARE MANY COMMERCIAL APPLICATIONS IN WHICH DELIVERY AND USE OF CRYOGENIC HYDROGEN IS MORE ECONOMICAL THAN GASEOUS HYDROGEN. UNFORTUNATELY, LOSS OF HYDROGEN RESULTING FROM BOILOFF CAN BOTH INCREASE THE COST OF THE END PRODUCT AND CREATE SAFETY CONCERNS. SUSTAINABLE INNOVATIONS AND ITS TEAMMATES, THE UNIVERSITY OF CONNECTICUT AND FUELCELL ENERGY, INC., ARE DEVELOPING A HIGHLY EFFICIENT HYDROGEN RECOVERY SYSTEM (HRS) BASED ON AN ELECTROCHEMICAL PROCESS THAT CONVERTS COOL, GASEOUS HYDROGEN TO PURE, HIGH PRESSURE HYDROGEN THAT CAN BE STORED FOR SUBSEQUENT USE. WE ANTICIPATE THAT THIS CAN BRING SIGNIFICANT COST SAVINGS TO NASA'S ROCKET TEST FACILITIES, AND OPEN UP EXCITING NEW AVENUES FOR PRODUCT COMMERCIALIZATION.
RESEARCH AND DEVELOPMENT IN THE PHYSICAL, ENGINEERING, AND LIFE SCIENCES (EXCEPT BIOTECHNOLOGY)
Source: USAspending.gov (Official Federal Award Data). Reflects prime contracts only. Last sync: 2026-03-30.
Compared to 14 peers in Electrical Industrial Apparatus (SIC 3620)
Revenue
Net Margin
SEC EDGAR XBRL filings by fiscal year
Side-by-side financial showdown — revenue, margins, and growth.
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Methodology & compliance note
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