Every 8-K that FuelCell Energy Inc NEW (DE) (FCEL) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow FCEL and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full FCEL filings page.
FuelCell Energy, Inc. (FCEL) reported third fiscal quarter 2026 revenue of $33.0 million, down 29% year over year, and a net loss of $45.3 million, about half the prior-year loss due mainly to the absence of last year’s impairment and restructuring charges. Gross loss widened to $24.5 million, driven by product costs and overhead that currently exceed contractual pricing under the Fit Energy capital equipment purchase agreement, including $17.0 million of charges tied to Phase 0 inventory and purchase commitments.
Total Committed and Awarded Capacity Backlog rose sharply to $3.65 billion as of July 31, 2026, including $1.30 billion of committed backlog and $2.35 billion of awarded capacity backlog linked to 350 MW under future Fit Energy phases, which remain at Fit’s option. Cash, cash equivalents and restricted cash increased to $737.3 million, supported by a 12.3 million-share underwritten offering at $21.00 per share and an additional 4.1 million shares sold via the at-the-market program.
FuelCell Energy, Inc. reported that on July 21, 2026 it filed a prospectus supplement to its automatic shelf registration statement on Form S-3 (Registration No. 333-296607) with the SEC. The supplement describes securities for which a legal opinion was obtained.
The company also filed an opinion of Latham & Watkins LLP as Exhibit 5.1, addressing the legality of the issuance and sale of the securities described in the prospectus supplement, along with a related consent as Exhibit 23.1. This current report is limited to providing these legal exhibits.
FuelCell Energy, Inc. entered into an underwriting agreement with Citigroup and Barclays for an underwritten public offering of 10,714,286 shares of common stock at $21.00 per share. The underwriters also fully exercised a 30-day option for up to 1,607,143 additional shares on July 8, 2026.
The offering, registered on an automatic shelf registration statement on Form S-3ASR, is expected to close on July 9, 2026, subject to customary conditions. FuelCell Energy expects approximately $245.4 million of net proceeds from the completed offering and plans to use the funds for capital expenditures to expand manufacturing capacity, working capital and general corporate purposes.
FuelCell Energy entered a strategic capital equipment agreement with Fit Energy USA to supply carbonate fuel cell block systems with up to 380 MW of baseload power for data center applications, delivered in four phases. An initial 30 MW phase includes an immediate deposit, while later 100 MW and two 125 MW phases are at Fit’s option, each tied to milestone-based payments and long-term service agreements of 15–20 years.
In connection with the deal, FuelCell issued Fit three warrant tranches to purchase up to 12,000,000 common shares at $26.44 per share, vesting only upon specified non-refundable deposits for the 100 MW and 125 MW phases. Vested warrants are exercisable for 24 months, subject to a 19.99% beneficial ownership cap and a company right to mandate exercise if the share price exceeds 150% of the strike for 30 consecutive trading days.
FuelCell Energy reported second fiscal quarter 2026 revenue of $35.6 million, down 5% year over year, as lower service and generation revenue more than offset higher product and advanced technologies sales. Backlog was $1.14 billion as of April 30, 2026, about 9.9% lower than a year earlier.
Net loss widened to $77.6 million from $37.7 million, largely due to a $42.6 million impairment tied to upgrading equipment at the Groton Project, while Adjusted EBITDA improved modestly to $(17.1) million from $(19.3) million. Cash, cash equivalents and restricted cash rose to $440.9 million, helped by at-the-market stock sales totaling roughly $153.3 million in net proceeds, as the company plans to expand its Torrington facility toward an annualized production rate of up to 500 MW.
FuelCell Energy, Inc. has elected John Livingston to its Board of Directors, effective May 19, 2026, increasing the board size from eight to nine members. He will serve until the 2027 annual stockholders’ meeting or until an earlier resignation or removal.
Livingston joins the Audit, Finance and Risk Committee and the Compensation and Leadership Development Committee. As a non-employee director, he will receive an annual board retainer of $50,000, committee fees of $10,000 and $7,500, and a grant of 5,896 restricted stock units that vest at the 2027 annual meeting.
FuelCell Energy, Inc. reported results from its April 2, 2026 annual stockholder meeting, where shareholders approved updates to the company’s long-term incentive and employee stock purchase plans and re-elected all eight director nominees.
The Sixth Amended and Restated 2018 Omnibus Incentive Plan now authorizes awards covering up to 5,194,444 shares of common stock, including an additional 3,000,000 shares, with up to 61,111 shares issuable as incentive stock options. The Amended and Restated Employee Stock Purchase Plan permits issuance of up to 300,078 shares, including 300,000 newly authorized, and caps each participant’s purchases at 1,000 shares per offering period.
Stockholders also approved the company’s executive compensation on an advisory basis, ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending October 31, 2026, and supported amendments to both equity plans, while routine broker non-votes were recorded on applicable proposals.
FuelCell Energy, Inc. reported first‑quarter fiscal 2026 results showing much stronger revenue but continued losses. Revenue reached $30.5 million, up 61% from $19.0 million a year earlier, driven largely by higher product and service activity. Net loss narrowed to $26.1 million from $32.4 million, and net loss per share attributable to common stockholders improved to $(0.49) from $(1.42), aided by both lower operating expenses and a higher share count. Adjusted EBITDA was $(17.0) million, better than $(21.1) million in the prior-year quarter, reflecting reduced research and development and administrative spending after prior restructurings.
Cash, cash equivalents and restricted amounts rose to $379.6 million as of January 31, 2026, compared with $341.8 million on October 31, 2025, supported by at-the-market stock sales totaling about 6.4 million shares for $56.3 million in gross proceeds and a new Export-Import Bank of the United States financing. Backlog declined about 10.8% year over year to $1.17 billion as revenue was recognized, with a weighted average term of roughly 15 years across service and generation contracts. Management highlighted strong commercial interest from data center customers, citing over 1.5 gigawatts of new proposals and a collaboration with Sustainable Development Capital LLP targeting up to 450 megawatts of projects.
FuelCell Energy, Inc. disclosed the separation terms for former Executive Vice President, General Counsel and Corporate Secretary Joshua Dolger, whose employment ended effective January 6, 2026. On February 3, 2026, the parties entered into an employment separation agreement.
Under the agreement, and in exchange for a release of claims, Mr. Dolger will receive a severance payment of $398,494, equal to 12 months of his base salary, paid over 12 months. He remains eligible to earn a pro rata portion of his outstanding performance stock units and his fiscal 2025 management incentive plan award, each based on actual performance. The agreement also provides accelerated vesting of 44,911 unvested time-vesting restricted stock units and up to 12 months of Company-paid COBRA medical, dental and vision premiums, subject to conditions.
All other unearned performance stock units and any other outstanding unvested or unearned equity awards were forfeited at the end of his employment. His benefits depend on not revoking the release of claims and continued compliance with existing assignment, confidentiality, non-competition and non-solicitation covenants.
FuelCell Energy, Inc. reported a leadership change in its top legal role. The company is ending the employment of Executive Vice President, General Counsel and Corporate Secretary Joshua Dolger without cause effective January 6, 2026, and expects to negotiate a separation agreement consistent with his existing employment terms.
The Board has appointed Amanda J. Schreiber as Executive Vice President, General Counsel and Corporate Secretary effective January 12, 2026. Under a new employment agreement, she will receive an annual base salary of $470,000, a target annual bonus equal to 60% of base salary, and a fiscal 2026 long-term incentive target of $750,000 split between performance share units and time-vesting restricted stock units. If terminated without cause or she resigns for good reason, she is eligible for 12 months of base salary severance and up to 12 months of COBRA premiums, with enhanced severance and accelerated equity vesting if her termination occurs in connection with a change in control.
FuelCell Energy, Inc. furnished an update on its latest financial results and business progress. The company reported that it issued a press release covering its financial results and providing a business update for the three months and year ended October 31, 2025, and made this press release available as an exhibit.
FuelCell Energy also shared that it prepared investor presentation slides for use during its December 18, 2025 earnings call, and furnished these materials as a separate exhibit. Both the press release and presentation are provided for informational purposes and are not treated as filed financial statements under securities law.
FuelCell Energy, Inc. reported recent share sales under its at-the-market program. Between September 15, 2025 and November 6, 2025, the company issued and sold 15,380,413 shares at an average price of $8.99, generating $138.3 million in gross proceeds and $135.5 million in net proceeds after $2.8 million in sales commissions.
As of November 6, 2025, approximately $1.1 million of shares remained available for sale under the amended sales agreement. Shares outstanding were 47,676,043 as of the same date.
FuelCell Energy, Inc. furnished an update on its latest quarterly performance and business activities. The company issued a press release announcing financial results and a business update for the three and nine months ended July 31, 2025, and attached this release as Exhibit 99.1 to the report. These materials describe how the business performed over the quarter and year-to-date, but the specific figures are contained in the exhibits rather than in the body of the report.
The company also furnished an investor presentation, attached as Exhibit 99.2, that it planned to use during its September 9, 2025 earnings call. Both the press release and the presentation are being furnished, not filed, which means they are not automatically subject to certain Exchange Act liabilities or incorporated into other securities offerings unless specifically referenced.
FuelCell Energy, Inc. announced a leadership change in its commercial organization. On August 25, 2025, Michael Hill resigned as Executive Vice President and Chief Commercial Officer, effective September 5, 2025, to pursue another opportunity. The company stated that his departure is not due to any disagreement regarding its operations, policies or practices.
In connection with this change, FuelCell Energy promoted Eric Strayer, currently Vice President, International and Partner Sales, to Senior Vice President, Global Head of Sales, effective September 8, 2025. Strayer has been with the company since 2021 and previously held senior commercial roles at Altergy Systems and Doosan Fuel Cell America, Inc.