earnings
confidence high
sentiment negative
materiality 0.80
FuelCell Energy Q2 FY2026: Revenue down 5% to $35.6M; net loss widens to $(78.7)M
FUELCELL ENERGY INC
- Revenue $35.6M (-5% YoY); gross loss $(12.9)M vs $(9.4)M; operating loss $(77.9)M (+118%).
- Net loss attributable to common stockholders $(78.7)M ($1.45/sh) vs $(38.8)M ($1.79/sh) a year ago.
- Adjusted EBITDA loss narrowed to $(17.1)M from $(19.3)M; adjusted EPS loss $(0.53) vs $(1.53).
- Backlog $1.14B down 9.9% YoY; sales pipeline 4 GW (up 267% from Q1).
- Torrington factory expansion target raised to 500 MW annualized; $200-275M cost over 24 months.