Highest-materiality recent filing
FuelCell Energy CFO Michael Bishop to step down; Matthew Latino appointed CFO effective Oct 7
Michael S. Bishop ceased as EVP/CFO/Treasurer on Oct 6, 2026; will serve as Senior Advisor to the CEO from Oct 7, 2026 through April 6, 2027.
FuelCell Energy Q3 FY26 revenue down 29% to $33M; net loss per share $(0.64)
Revenue $33.0M, down 29% YoY; gross loss $(24.5)M vs $(5.1)M; net loss per share $(0.64) vs $(3.78).
FuelCell Energy prices upsized $225M common stock offering at $21.00/share
Offering upsized to 10,714,286 shares at $21.00/share; gross proceeds $225M.
FuelCell Energy signs up to 380 MW fuel cell deal with Fit Energy; warrants issued
Capital Equipment Purchase Agreement for up to 380 MW, initial 30 MW phase 0 delivery expected in 2026.
FuelCell Energy Q2 FY2026: Revenue down 5% to $35.6M; net loss widens to $(78.7)M
Revenue $35.6M (-5% YoY); gross loss $(12.9)M vs $(9.4)M; operating loss $(77.9)M (+118%).
FuelCell Energy Q1 revenue up 61% to $30.5M; net loss narrows to $0.49/share
Revenue $30.5M, up 61% YoY from $19.0M; gross loss $(5.9)M vs $(5.2)M.
FuelCell Energy names Amanda Schreiber General Counsel; Joshua Dolger out without cause
Joshua Dolger terminated as EVP, General Counsel & Corporate Secretary without cause, effective Jan 6, 2026.
FuelCell Energy Q4 revenue up 12% to $55M; FY revenue $158M (+41%); net loss narrows
Q4 revenue $55.0M (+12% YoY); gross loss improved to $(6.6)M from $(10.9)M.
FuelCell Energy sold 15.4M shares at avg $8.99, netting $135.5M in ATM offering through Nov 6
Issued 15,380,413 shares from Sep 15 to Nov 6, 2025 at avg $8.99 per share.
FuelCell Energy Q3 rev $46.7M (+97% YoY); net loss $(92.5M) due to $64.5M impairment
Product revenue $26.0M vs $0.3M YoY; $24M from GGE module delivery and commissioning.
FuelCell EVP Strategic Partnerships Michael Lisowski to leave July 4; severance $400K
Michael Lisowski, EVP Strategic Partnerships, terminated without cause effective July 4, 2025.
Revenue $37.4M (+67% YoY); backlog $1.26B (+19% YoY).
FuelCell Energy EVP & Chief Commercial Officer Mark Feasel Departs Without Cause
Mark Feasel terminated without cause effective May 2, 2025; separation agreement signed April 28.
FuelCell Energy Q1 FY2025 revenue $19.0M (+14% YoY), net loss $(32.4M), losses narrowing
Revenue $19.0M (+14% YoY); gross loss improved to $(5.2)M from $(11.7)M.
FuelCell Energy appoints Shankar Achanta EVP CPTO; FY2025 LTI awards to NEOs total ~$2.3M
Shankar Achanta promoted to EVP Chief Product & Technology Officer, effective Jan 1, 2025; base salary $400k, target bonus 60%.
FuelCell Energy Q4 revenue doubles to $49.3M but gross loss widens to $(10.9)M; net loss $(39.6)M
Q4 revenue $49.3M (+120% YoY) driven by module sales to GGE in South Korea and Ameresco contract.
FuelCell Energy regains Nasdaq minimum bid price compliance
Received Nasdaq letter on Nov 25, 2024 confirming compliance with Listing Rule 5450(a)(1).
FuelCell Energy cuts 13% of workforce (75 jobs), targets 15% cost reduction; cash >$300M
Board approved global restructuring on Nov 13, 2024; workforce reduced by ~13% or 75 employees.
FuelCell Energy stockholders approve reverse stock split at ratio 1:10 to 1:30
Special meeting held Oct 31, 2024; 258.7M shares voted (~47% of outstanding).
Revenue $23.7M, down 7% YoY; gross loss improved to $(6.2)M from $(8.2)M.
Special meeting scheduled for October 31, 2024 to consider authorizing a reverse stock split.
FuelCell Energy Q2 revenue falls 42% to $22.4M; net loss per share $(0.07)
Revenue of $22.4M, down 42% YoY from $38.3M; gross loss widened to $(7.1)M from $(6.1)M.
FuelCell Energy stock below $1.00 for 30 days; Nasdaq gives 180 days to cure
Nasdaq notified FuelCell on May 31, 2024, that closing bid price was below $1.00 for 30 consecutive business days.
FuelCell Energy signs $159.6M long-term service agreement with GGE for 58.8 MW Korean platform
Total contract value $159.6M for 42 replacement fuel cell modules, balance-of-plant parts, and O&M services.
FuelCell Energy ups ATM offering to $300M via amendment to sales agreement
Amended ATM agreement raises maximum aggregate offering price to $300,000,000 from prior 95,000,000 share cap.
FuelCell Energy and ExxonMobil Extend Joint Development Agreement Through 2026
Term extended to December 31, 2026, from original March 31, 2024 expiration.
FuelCell Energy receives EMTEC notice to negotiate commercial follow-on; JDA term expires March 31
On March 8, 2024, ExxonMobil's EMTEC issued notice under JDA to negotiate a follow-on commercial agreement for Generation 2 technology.
FuelCell Energy Q1 revenues $16.7M, down 55% YoY; operating loss widens to $42.5M
Net loss of $44.4M vs $21.1M YoY; EPS unchanged at $(0.05) on higher share count.
FuelCell Energy receives binding purchase order from ExxonMobil affiliate for carbon capture pilot
Esso Nederland B.V. ordered fuel cell modules and engineering services for a pilot plant at the Rotterdam complex.
FuelCell Energy Q4 revenue $22.5M (-43% YoY); FY2023 net loss $(108.1)M
Q4 revenue $22.5M, down from $39.2M YoY; gross loss improved to $(1.5)M from $(15.2)M.
On October 4, 2026, FuelCell Energy, Inc. (the “Company”) determined that Michael S. Bishop will end his service as Executive Vice President, Chief Financial Officer and Treasurer (Principal Financial Officer and Principal Accounting Officer) of the Company effective as of October 6, 2026,
On October 4, 2026, the Board of Directors (the “Board”) of the Company appointed Matthew Latino to serve as the Company’s Executive Vice President, Chief Financial Officer and Treasurer effective as of October 7, 2026.
elected a new director, John Livingston, to serve on the Board effective May 19, 2026
on June 3, 2025, FuelCell Energy, Inc. (the “Company”) made a determination to end its employment relationship with Michael Lisowski, its Executive Vice President, Strategic Partnerships, without cause, effective as of July 4, 2025.
On April 23, 2025, FuelCell Energy, Inc. (the “Company”) made a determination to end its employment relationship with Mark Feasel, its Executive Vice President and Chief Commercial Officer, without cause, effective as of May 2, 2025.
elected a new director – Tyrone Michael Jordan – to serve on the Board effective April 29, 2024
On April 4, 2024, Michael J. Lisowski, the Executive Vice President and Chief Operating Officer of FuelCell Energy, Inc. (the “Company”) resigned from his position as Chief Operating Officer of the Company, effective immediately.
the Board of Directors of the Company promoted and appointed Gregory Adams to the role of Senior Vice President, Finance, Risk Management and Treasurer of the Company, reporting to Mr. Bishop.
Michael S. Bishop, the Executive Vice President, Chief Financial Officer, and Treasurer of FuelCell Energy, Inc. (the “Company”) resigned from his position as Treasurer of the Company.
Jason Few, the Company’s President, Chief Executive Officer and Chief Commercial Officer, resigned his role of Chief Commercial Officer effective March 31, 2022.
On March 31, 2022, the Board of Directors (the “Board”) of FuelCell Energy, Inc. (the “Company”) appointed Mark Feasel to serve as the Company’s Executive Vice President and Chief Commercial Officer, effective April 18, 2022.
On December 10, 2021, the Board of Directors (the “Board”) of FuelCell Energy, Inc. (the “Company”) appointed Joshua Dolger, the Company’s Interim General Counsel and Corporate Secretary, to serve as the Company’s Executive Vice President and General Counsel.
Max materiality 0.90 · Median 0.60 · Most common event other_material