---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-25-002636"
form_type: "8-K"
ticker: "FCEL"
cik: "0000886128"
company_name: "FUELCELL ENERGY INC"
filed_at: "2025-03-11T23:59:59+00:00"
generated_at: "2026-05-25T00:28:48.612367+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FuelCell Energy Q1 FY2025 revenue $19.0M (+14% YoY), net loss $(32.4M), losses narrowing

## Summary
- Revenue $19.0M (+14% YoY); gross loss improved to $(5.2)M from $(11.7)M.
- Net loss $(32.4M) vs $(44.4M) YoY; net loss per share $(1.42) (adjusted for Nov 2024 reverse split).
- Adjusted EBITDA $(21.1)M vs $(29.1)M YoY; operating loss $(32.9)M narrowed.
- CEO expects Q1 to be FY2025 revenue low-water mark; post-quarter data center partnership with Diversified Energy/TESIAC and electrolysis JDA with Malaysia Marine.
- Generation revenue $11.3M (Derby projects); Advanced Technologies $5.7M (ExxonMobil JDA $1.2M, Rotterdam $3.5M).

## SEC filing metadata
- accession: 0001558370-25-002636
- form_type: 8-K
- ticker: FCEL
- cik: 0000886128
- company_name: FUELCELL ENERGY INC
- filed_at: 2025-03-11T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886128/000155837025002636/0001558370-25-002636-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886128/000155837025002636/fcel-20250311x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-002636
- JSON: https://secwatch.observer/filing/0001558370-25-002636.json
- Plain text: https://secwatch.observer/filing/0001558370-25-002636.txt

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