---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-002672"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2024-03-07T23:59:59+00:00"
generated_at: "2026-06-05T02:14:38.474901+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FuelCell Energy Q1 revenues $16.7M, down 55% YoY; operating loss widens to $42.5M

## Summary
- Net loss of $44.4M vs $21.1M YoY; EPS unchanged at $(0.05) on higher share count.
- Gross loss of $11.7M vs profit of $5.2M; product revenue $0 vs $9.1M (prior-year option expiration).
- Generation portfolio grew to 62.8 MW (43.7 MW at FY23 end) with Derby, CT projects placed in service.
- Adjusted EBITDA loss of $29.1M vs $14.4M; operating expenses rose to $30.8M from $27.7M.
- No module exchanges expected until Q4 FY2024; management calls Q1 the low-water mark.

## SEC filing metadata
- accession: 0001558370-24-002672
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2024-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000155837024002672/0001558370-24-002672-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000155837024002672/fcel-20240307x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002672
- JSON: https://secwatch.observer/filing/0001558370-24-002672.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002672.txt

## Key facts
- Earnings Releases
  FUELCELL ENERGY INC reported first quarter ended January 31, 2024 results: revenue $16.7 million, net income net loss per share was $(0.05) in both quarters, EPS $(0.05) per basic and diluted share.
  - Period: first quarter ended January 31, 2024
  - Revenue: $16.7 million
  - Net income: net loss per share was $(0.05) in both quarters
  - EPS: $(0.05) per basic and diluted share
  - Result: reported results
  source text: Energy Reports First Quarter of Fiscal 2024 Results ​ ​ First Quarter Fiscal 2024 Financial Summary (All comparisons are year-over-year unless otherwise noted) ​ ● Revenues of $16.7 million compared to $37.1 million ● Gross loss of $11.7 million compared to a gross profit of $5.2 million ● Loss from operations of $(42.5) million compared to $(22.5) million ● Net
  evidence_url: https://www.sec.gov/Archives/edgar/data/886128/000155837024002672/0001558370-24-002672-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.