FCELFUELCELL ENERGY INC
Electrical Industrial Apparatus
- Revenue
- $158M
- 41% YoY
- Operating margin
- -121.6%
- 14% YoY
- EBITDA
- −$152M
- 24% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- —
- −$575M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear—Cash flow under 80% of net income
- Dilutive SBCClear7% of revenueOver 10% of revenue
- Payouts exceed cash flowClear0% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear0% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $70M | $130M | $123M | $112M | $158M | 41% |
| Operating income | −$65M | −$144M | −$136M | −$158M | −$192M | 21% |
| Net income | −$101M | −$143M | −$108M | −$126M | −$188M | 49% |
| Operating cash flow | −$70M | −$112M | −$140M | −$153M | −$125M | 18% |
| Capex | $6M | $21M | $39M | $48M | $19M | 61% |
| Stock-based comp | $4M | $7M | $12M | $12M | $11M | 5.7% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $247K · 1
- Open-market sells, 12 mo
- $46K · 1
- Net
- $201K
Pay vs performance
No pay-versus-performance disclosure yet.