Every 10-Q that FUELCELL ENERGY INC PFD B (FCELB) 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 10-Q covers the quarterly report filed between annual reports, so if you follow FCELB 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 FCELB filings page.
FuelCell Energy, Inc. (FCEL) reported substantially lower quarterly revenue but a much smaller loss for the quarter ended July 31, 2026. Total revenues for the quarter were $33.0 million, down from $46.7 million a year earlier, driven by declines across product, service, generation and Advanced Technologies lines. The quarterly net loss attributable to FuelCell Energy, Inc. improved to $44.5 million from $91.7 million, with loss per share improving to $(0.64) from $(3.78).
For the nine months, revenue was $99.1 million versus $103.1 million, while net loss attributable to the company narrowed to $145.2 million from $158.0 million. Cash and cash equivalents increased sharply to $658.1 million from $278.1 million, supported by EXIM project financings, a $245.5 million underwritten equity offering at $21.00 per share, and $208.2 million of net proceeds from at-the-market sales.
The company entered a large Capital Equipment Purchase Agreement with Fit Energy USA LP, adding about $90.8 million to product and $110.7 million to service remaining performance obligations, and issued performance-based equity warrants with an estimated grant-date fair value of $141.6 million. FuelCell recorded a $42.6 million impairment related to upgrading the 7.4 MW Groton project and continues to rely on tax equity structures for the Derby, Groton and Yaphank projects. Shares outstanding rose to 79.95 million from 46.08 million, reflecting significant equity issuance.
FuelCell Energy reported a weak quarter for the three months ended April 30, 2026, with higher losses driven by a major asset write-down. Revenue was $35.6 million, slightly below $37.4 million a year earlier, while cost of revenues rose, leading to a gross loss of $12.9 million.
The company recorded a $42.6 million impairment tied mainly to its Groton project, pushing net loss attributable to common stockholders to $78.7 million, up from $38.8 million. For the first half, net loss to common reached $102.4 million. Operating cash outflow was $61.2 million over six months, though unrestricted cash and cash equivalents increased to $373.2 million, helped by at the market share sales that raised $155.3 million net. Management believes current liquidity, contracted backlog and restricted cash releases are sufficient to meet obligations for at least the next year, but the business still depends on external financing, project execution and cost reductions to reach profitability.
FuelCell Energy, Inc. reported higher quarterly revenue but continued losses. For the three months ended January 31, 2026, revenue rose to $30.5 million from $19.0 million, driven mainly by product sales to customers in South Korea and growth in service revenue.
The net loss attributable to common stockholders narrowed to $23.7 million from $29.1 million, with loss per share improving to $0.49 from $1.42 as the share count increased. Cash, cash equivalents and restricted cash totaled $379.6 million, including unrestricted cash of $311.8 million, supported by $54.9 million of net at-the-market equity proceeds and a new $25.0 million EXIM debt facility.