FuelCell Energy Q3 FY26 revenue down 29% to $33M; net loss per share $(0.64)

FUELCELL ENERGY INC

Revenue $33.0M, down 29% YoY; gross loss $(24.5)M vs $(5.1)M; net loss per share $(0.64) vs $(3.78).
Committed backlog $1.3B (+4.1% YoY); awarded capacity backlog $2.35B from Fit Energy 350 MW option; total $3.65B.
Signed first data center capacity reservation for 75 MW Texas project with upfront payment; Fit Energy CEPA up to 380 MW.
Targeting positive adjusted EBITDA in Q4 FY2027; Torrington expansion to 500 MW by June 2028.
Delivered first two carbon capture modules to ExxonMobil in Rotterdam; repowered GGE park in Korea.

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