Company / Operating Income
FUELCELL ENERGY INC Operating Income History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
-$136.1M
FY2025
5-year range
-$143.7M / -$39.2M
FY2021-FY2025
Trend
+5.3%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Operating Income returned to growth in FY2025 after 2 years of decline, reaching -$136M.
Based on SEC 10-K filings.
-$136M in FY2025.
Declined from -$65M to -$136M over the past 2 years.
Operating Income over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- In FY2025, operating income increased 5.3% year-over-year.
- Peak operating income was recorded in FY2016.
- Lowest operating income in the period was in FY2024.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 1.00 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | -$136.1M | +5.3% |
| FY2024 | -$143.7M | -121.4% |
| FY2023 | -$64.9M | -65.7% |
| FY2022 | -$39.2M | +41.5% |
| FY2021 | -$66.9M | -50.0% |
| FY2020 | -$44.6M | +0.7% |
| FY2019 | -$44.9M | +3.1% |
| FY2018 | -$46.4M | -60.4% |
| FY2017 | -$28.9M | -5.8% |
| FY2016 | -$27.3M | +8.4% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026