Earning Analysis
Welcome to our in-depth analysis of Fuelcell Energy Inc(FCEL) earnings, offering investors a detailed look into the company’s financial performance, revenue trends, earnings per share (EPS), and market reactions. This page provides a comprehensive overview of Fuelcell Energy Inc earnings history, forecasts, and key financial metrics, empowering you with the data needed to make informed investment decisions. Whether you're tracking quarterly results, analyzing earnings surprises, or exploring future projections, our detailed breakdown covers it all.
Earnings Forecast
Revenue
EPS
Currency: USD
Actual
Estimate
Surprise Analysis
| FY2025Q3 | 2025-09-09 | Pre-Market | -1.59 | -0.95 | +40.25 | 48.30M | 46.74M | -3.22 | +22.75 | +62.80 |
| FY2025Q2 | 2025-06-06 | Pre-Market | -1.51 | -1.79 | -18.54 | 32.42M | 37.41M | +15.39 | +24.42 | +27.69 |
| FY2025Q1 | 2025-03-11 | Pre-Market | -1.52 | -1.42 | +6.58 | 33.49M | 19.00M | -43.28 | +3.63 | -3.32 |
| FY2024Q4 | 2024-12-19 | - | -1.64 | -2.10 | -28.05 | 39.66M | 49.33M | +24.36 | -4.99 | +7.94 |
| - | 2024-12-17 | Pre-Market | -1.65 | - | - | 41.66M | - | - | -2.86 | +3.04 |
| FY2024Q3 | 2024-09-05 | Pre-Market | -0.08 | -0.07 | +12.50 | 22.62M | 23.70M | +4.74 | +2.44 | +9.76 |
| FY2024Q2 | 2024-06-10 | - | -0.08 | -0.07 | +12.50 | 21.35M | 22.42M | +5.03 | +12.64 | -5.75 |
| FY2024Q1 | 2024-03-07 | - | -0.08 | -0.05 | +37.50 | 25.60M | 16.69M | -34.80 | -9.02 | -15.57 |
| FY2023Q4 | 2023-12-19 | - | -0.08 | -0.07 | +12.50 | 25.56M | 22.46M | -12.12 | -4.58 | +15.03 |
| FY2023Q3 | 2023-09-11 | - | -0.08 | -0.06 | +25.00 | 28.50M | 25.51M | -10.48 | -3.47 | -13.89 |
FCEL Earnings Analysis
Our earnings analysis provides a granular look at the company’s performance across recent fiscal quarters, highlighting key metrics such as revenue, EPS, and operating margins. By examining actual results against analyst estimates, we uncover trends and surprises that drive stock price movements, offering valuable insights for both short-term traders and long-term investors.
In the most recent quarter, Fuelcell Energy Inc reported performance for FY2025Q3, announced on 2025-09-09. The company achieved an EPS of -0.95, compared to analyst estimates of -1.59 by 40.25% . Revenue for the quarter reached 46.74M compared to expectations of 48.30M by -3.22% .
The stock price reacted with a 22.75% one-day change and a 62.80% five-day change following the earnings release. These movements reflect market reaction in Fuelcell Energy Inc growth trajectory and strategic initiatives.
FCEL Earnings Forecast
Looking ahead, Fuelcell Energy Inc(FCEL) remains a focal point for investors seeking growth opportunities. Analyst forecasts for 2025/Q4 project quarter revenue of 47.22M and an EPS of -1.04.
However, recent estimate revisions provide additional context. Over the past three months, revenue estimates for FY2025 have been Revise Downward by -0.24%, while EPS estimates have been Revise Upward by 17.89%. For the upcoming Q4 2025, revenue estimates have been adjusted Revise Downward by -0.47% . These revisions correlate with a 99.01% change in stock price over the same period, suggesting potential buying opportunities for investors who believe in Fuelcell Energy Inc long-term fundamentals.
The relationship between earnings forecast revisions and stock price movements is critical for investors. Positive revisions in revenue or EPS often signal strengthening fundamentals, making temporary price dips attractive entry points. Conversely, downward revisions may reflect short-term challenges.
Estimate Revision
The chart shows the correlation between FCEL's stock price and earnings forecast revisions. Positive revisions in Revenue or EPS often strengthen the stock's fundamentals, making price dips potential buying opportunities.
Revenue Estimates for FY2025
Revise Downward
-0.24%
In Past 3 Month
EPS Estimates for FY2025
Revise Upward
+17.89%
In Past 3 Month
Revenue Estimates for Q4 2025
Revise Downward
-0.47%
In Past 3 Month
Stock Price
Go Up
+99.01%
In Past 3 Month
1Y
3Y
5Y
Annual FY 2025
Currency: USD
1Y
3Y
5Y
--
Revenue Estimate-Annual FY 2025:150.51M
--
EPS Estimate-Annual FY 2025:-7.45
—
Stock Price8.06
FCEL Revenue and EPS Performance: A Historical Perspective
Fuelcell Energy Inc revenue and earnings per share (EPS) performance over recent quarters provides a clear picture of its financial health. Below is a detailed breakdown of the company’s earnings history, showcasing actual results, analyst estimates, and surprise percentages for key fiscal quarters:
FY2025Q3 (2025-09-09,Pre-Market):
EPS: -0.95 (Actual) vs.-1.59 (Estimate) (40.25%)
Revenue: 46.74M (Actual) vs. 48.30M (Estimate) (-3.22%)
Price Reaction: 22.75%(1-Day), 62.80%(5-Day)
FY2025Q2 (2025-06-06,Pre-Market):
EPS: -1.79 (Actual) vs.-1.51 (Estimate) (-18.54%)
Revenue: 37.41M (Actual) vs. 32.42M (Estimate) (15.39%)
Price Reaction: 24.42%(1-Day), 27.69%(5-Day)
FY2025Q1 (2025-03-11,Pre-Market):
EPS: -1.42 (Actual) vs.-1.52 (Estimate) (6.58%)
Revenue: 19.00M (Actual) vs. 33.49M (Estimate) (-43.28%)
Price Reaction: 3.63%(1-Day), -3.32%(5-Day)
Earnings Reaction
The chart below shows how FCEL performed 10 days before and after its earnings report, based on data from the past quarters. Typically, FCEL sees a -4.52% change in stock price 10 days leading up to the earnings, and a +4.86% change 10 days following the report. On the earnings day itself, the stock moves by +4.04%. This data can give you a slight idea of what to expect for the next quarter's release.
For example, in JUL/2025, the stock changed 10.04% on the day following the earnings release and then changed by 75.29% over the next 10 days. These patterns provide investors with valuable insights into potential price movements and help inform trading strategies around earnings events.
Transcript Summary
Fuelcell Energy Inc (FCEL) Q3 2025 Earnings Call Summary
Neutral
2025-09-09
The earnings call revealed mixed signals: a revenue decline but improved gross loss, a strategic partnership with potential, and a focus on cost management. The Q&A highlighted strong data center opportunities but lacked clarity on specific timelines, which may temper investor enthusiasm. The backlog increase and strategic partnerships provide optimism, but ongoing losses and unclear guidance create uncertainty. Overall, the sentiment is neutral, reflecting both positive strategic developments and ongoing financial challenges.
Fuelcell Energy Inc (FCEL) Q2 2025 Earnings Call Summary
Positive
2025-06-06
The earnings call reveals strong financial growth with a 67% revenue increase and improved operational efficiency. Despite some concerns about reduced R&D investment and unclear timelines for achieving EBITDA neutrality, the company's strategic partnerships and increased backlog support positive sentiment. The share issuance and stable cash position further bolster financial health. The Q&A section highlights optimism in customer momentum and strategic focus on data centers. Overall, the positive aspects outweigh the negatives, suggesting a likely stock price increase in the short term.
Fuelcell Energy Inc (FCEL) Q1 2025 Earnings Call Summary
Neutral
2025-03-12
The earnings call highlights a mix of positive and negative factors. Positive elements include a 7.8% revenue increase, significant backlog growth, and improved operational performance. However, there are concerns about increased net loss per share and vague guidance on EBITDA positivity. The Q&A section reveals uncertainties, especially regarding the timeline for profitability and market impacts under the new US administration. The open market sale agreement could dilute shares, further contributing to a neutral sentiment. Without market cap data, predicting volatility is challenging, but overall, the sentiment remains neutral.
Fuelcell Energy Inc (FCEL) Q1 2025 Earnings Call Summary
Positive
2025-03-11
The earnings call shows a positive trend with a 7.8% revenue increase, a significant backlog growth, and improved operational performance. However, the net loss increase and management's vague responses in the Q&A create some uncertainty. The strategic plan and strong backlog, alongside partnerships, suggest optimism. The lack of specific guidance is a concern, but the overall sentiment leans positive with potential for growth, particularly with the new partnerships and backlog expansion.
FuelCell Energy, Inc. (FCEL) Q4 2024 Earnings Call Summary
Neutral
2024-12-19
The earnings call highlights strong revenue growth and improved EBITDA, but also increased net losses and lack of clear guidance on breakeven levels. Positive developments include a large backlog and strategic agreements, but concerns about margins and financial health persist. The Q&A revealed some optimism but lacked clarity on key financial metrics. Overall, the mixed signals suggest a neutral stock price reaction.
FuelCell Energy, Inc. (FCEL) Q3 2024 Earnings Call Summary
Positive
2024-09-05
The earnings call summary highlights several positive aspects such as the extension of the joint development agreement with ExxonMobil, significant commercial wins, and a growing backlog. The Q&A section reveals interest in follow-on projects, positive initial responses to new initiatives, and strategic partnerships. Despite some uncertainties around tax rule finalization, the overall sentiment remains optimistic with a focus on growth and new opportunities. This suggests a likely positive stock price movement over the next two weeks.
People Also Watch
FAQ
What were the key highlights of FCEL’s latest earnings report for FY2025Q3?
How did FCEL’s stock price react after the FY2025Q3 earnings release?
What are the revenue and EPS estimates for FCEL for 2025/Q4?
How does FCEL’s stock price correlate with earnings forecast revisions?
What should investors expect from FCEL’s next earnings report?