OakChart

Fuelcell Energy Inc

FCELIndustrials·Electrical Equipment & Parts·USA·Small·NASD·Nov 11 • 1:36 PM ET

11.10+0.82 (7.99%)
2026-11-11 19:36 CET
Market cap
821.93 USD m
Revenue, TTM
154.14 USD m
Net income, TTM
-178.30 USD m
Free cash flow, TTM
-101.29 USD m
EPS diluted, TTM
-3.43
P/E
-
Compare

Price

FCEL against its 20, 50 and 200-day averages
2050200miss
10.0020.0030.0013.6M27.1MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26FCELclose 11.1020-day 11.5550-day 14.63200-day 14.9911.1052w high

70.7% under the 52-week high of 37.88 on 30 Jun 2026. 52-week low 5.71 on 25 Nov 2025. Last 15 sessions, 60.2% high to low

Profile

FCEL
52-week range, 17% of the way up
5.7137.88

FuelCell Energy, Inc. is an American clean energy technology company that delivers continuous, scalable baseload power for mission-critical applications globally. It engages in the development, design, production, construction, operation, and servicing of high-temperature fuel cells for clean electric power generation. The company's fuel cell systems generate electricity directly at the point of use, enabling reliable, low-emission power for data centers, industrial facilities, utilities, and distributed generation customers. FuelCell Energy delivers commercially proven, modular, utility-scale systems backed by global fuel cell deployments approaching one gigawatt. The company was founded by Bernard Baker and Martin G. Klein in 1969 and is headquartered in Danbury, CT.

IndexRUT
Employees424
IPOJun 25, 1992
Beta2.50
ATR, 14d1.28
Rel volume0.69
Short float32.00%
Insider own7.76%
Inst own61.44%

Snapshot

6 groups

Valuation

IndexRUT
Market Cap887.58M
Enterprise Value438.47M
Income-178.30M
Sales154.14M
Book/sh12.21
Cash/sh8.54
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout-
Employees424
IPOJun 25, 1992

Ratios

P/E-
Forward P/E-
PEG-
P/S5.76
P/B0.91
P/C1.30
P/FCF-
EV/EBITDA-
EV/Sales2.84
Quick Ratio7.77
Current Ratio8.67
Debt/Eq0.16
LT Debt/Eq0.14
Option/ShortYes / Yes

Earnings

EPS (ttm)-3.43
EPS next Y-1.18
EPS next Q-0.39
EPS this Y61.83%
EPS next Y58.47%
EPS next 5Y55.85%
EPS past 3/5Y13.39% 9.89%
Sales past 3/5Y6.62% 17.42%
EPS Y/Y TTM62.70%
Sales Y/Y TTM1.09%
EPS Q/Q83.00%
Sales Q/Q-29.40%
EarningsSep 02 BMO
EPS/Sales Surpr.-55.11% -14.91%

Ownership

Insider Own7.76%
Insider Trans0.61%
Inst Own61.44%
Inst Trans39.00%
ROA-16.35%
ROE-21.21%
ROIC-14.82%
Gross Margin-32.39%
Oper. Margin-87.95%
Profit Margin-115.68%
SMA20-3.90%
SMA50-24.12%
SMA200-25.94%
Trades-

Technical

Shs Outstand79.89M
Shs Float73.75M
Short Float32.00%
Short Ratio3.34
Short Interest23.60M
52W High37.88 -70.69%
52W Low5.71 94.42%
Volatility13.23% 9.56%
ATR (14)1.28
RSI (14)43.28
Beta2.50
Rel Volume0.69
Avg Volume7.06M
Volume3,171,375

Performance

Perf Week5.32%
Perf Month-28.36%
Perf Quarter-45.42%
Perf Half Y-44.27%
Perf YTD51.86%
Perf Year50.22%
Perf 3Y-64.07%
Perf 5Y-96.67%
Perf 10Y-99.01%
Recom2.17
Target Price21.10
Prev Close10.28
Price11.10
Change %7.99%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 29, 2026InitiatedOOppenheimerOutperform$24+116.2%
Sep 24, 2026InitiatedBBarclaysEqual Weight$20+80.2%
Sep 15, 2026InitiatedCCitigroupNeutral$19+71.2%
Sep 09, 2026InitiatedCCraig HallumBuy$22+98.2%
Jul 14, 2026UpgradeUUBSNeutral → Buy$27+143.2%
Jun 29, 2026UpgradeRB. Riley SecuritiesNeutral → Buy$32+188.3%
Jun 26, 2026UpgradeJJefferiesHold → Buy$24+116.2%
Jun 09, 2026UpgradeCCanaccord GenuityHold → Buy$30+170.2%
Dec 19, 2025ReiteratedTTD CowenHold$7 → $9-18.9%
Dec 20, 2024ReiteratedTTD CowenHold$2 → $12+8.1%

Peers

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TGENTecogen Inc51.32M
CMICummins Inc63.76B
FLNCFluence Energy Inc970.98M
GEVGE Vernova Inc216.55B
NRGVEnergy Vault Holdings Inc715.53M

Insider trading

latest 14 of 23
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Achanta ShankarEVP, Chf. Product &Tech Ofc.Oct 06 '26Sale18.502,50046,250118Oct 08 05:06 PM
Achanta ShankarOfficerOct 06 '26Proposed Sale18.502,50046,250Oct 06 02:12 PM
Livingston III Homer JohnDirectorSep 14 '26Buy15.0516,404246,95542,747Sep 15 04:24 PM
Livingston III Homer JohnDirectorJul 16 '26Buy18.7926,343494,96726,343Jul 20 08:03 AM
Achanta ShankarEVP, Chf. Product &Tech Ofc.Jul 06 '26Sale28.712,50071,7752,618Jul 08 05:52 PM
Achanta ShankarOfficerJul 06 '26Proposed Sale28.712,50071,775Jul 06 10:20 AM
Achanta ShankarEVP, Chf. Product &Tech Ofc.May 08 '26Option Exercise0.002,02005,610May 12 08:29 PM
von Althann NaticaDirectorApr 21 '26Option Exercise0.0023,859023,988Apr 22 06:48 PM
Bingham Betsy BDirectorApr 21 '26Option Exercise0.0023,859023,859Apr 22 06:46 PM
Achanta ShankarEVP, Chf. Product &Tech Ofc.Apr 20 '26Sale8.002,50020,0003,590Apr 21 05:29 PM
Achanta ShankarOfficerApr 20 '26Proposed Sale8.002,50020,000Apr 20 04:00 PM
Few JasonCEODec 30 '25Option Exercise0.0029,250080,815Jan 02 05:20 PM
Dolger JoshuaGeneral Counsel & Corp SecDec 30 '25Option Exercise0.006,250013,702Jan 02 05:16 PM
Bishop Michael S.EVP, TREASURER & CFODec 30 '25Option Exercise0.0011,363025,122Jan 02 05:12 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
IWMiShares Russell 2000 Index FundAUM: 77.38B
VXFVanguard Extended Market Index ETFAUM: 30.47B
KOMPState Street SPDR S&P Kensho New Economies Composite ETFAUM: 2.46B
IWNiShares Russell 2000 Value ETFAUM: 14.10B
VTWOVanguard Russell 2000 Index ETFAUM: 16.75B
SCHASchwab U.S. Small-Cap ETFAUM: 22.25B
CNRGState Street SPDR S&P Kensho Grid Innovation ETFAUM: 160.58M
DFACU.S. Core Equity 2 Portfolio-ETF Class Shares-
DFASU.S. Small Cap Portfolio-ETF Class Shares-

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-09-02-0.640-0.413-0.64033.0038.798
2026Q22026-06-08-1.450-0.520-1.45235.5940.477
2026Q12026-03-09-0.490-0.660-0.49130.5342.177
2025Q42025-12-18-0.850-1.066-0.84855.0247.167
2025Q32025-09-09-3.780-1.442-3.78346.7448.297
2025Q22025-06-06-1.790-1.433-1.78737.4132.448
2025Q12025-03-11-1.420-1.478-1.42119.0033.498
2024Q42024-12-19-2.210-1.732-2.21549.3339.628
2024Q32024-09-05-2.100-2.185-1.99523.7022.637
2024Q22024-06-10-2.100-2.277-2.18222.4221.318
2024Q12024-03-07-1.500-2.289-1.36816.6925.748
2023Q42023-12-19-2.100-2.490-2.07522.4625.029
2023Q32023-09-11-1.800-2.310-1.80925.5127.689
2023Q22023-06-08-2.700-2.292-2.59238.3525.499
2023Q12023-03-09-1.500-2.106-1.43637.0726.859
2022Q42022-12-20-3.300-1.938-3.20239.2045.8010

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY-54.600-95.901-54.59960.7561.22
2020FY-12.600-11.613-12.49470.8771.11
2021FY-9.300-8.160-9.34469.5976.92
2022FY-11.400-10.212-11.426130.48137.04
2023FY-7.800-8.341-7.917123.39126.08
2024FY-7.830-7.478-7.828112.13102.4
2025FY-7.420-8.064-7.420158.16150.28
2026FY--2.832--147.84
2027FY--1.176--250.08
2028FY--0.639--419.28
2029FY-0.203--769.83
2030FY-1.000--1,021

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-20102348.3840.6066.00
2026Q4S2026-10-16103348.3840.6066.00
2026Q4S2026-10-02103348.4140.6066.00
2026Q4S2026-10-01113348.3540.6066.00
2026Q4S2026-09-28103348.4140.6066.00
2026Q4S2026-09-25103348.4140.6066.00
2026Q4S2026-09-1693349.2741.0066.00
2026Q4S2026-09-15103349.1341.0066.00
2026Q4S2026-09-0893349.2941.0066.00
2026Q4S2026-09-0483349.8141.0066.00
2026Q4S2026-09-0282249.7641.6766.00
2026Q4S2026-09-0182049.7639.6366.00
2026Q4S2026-08-2982049.7739.6366.00
2026Q4S2026-08-2282149.7739.6366.00

Estimate history

EPS, annual-410.4-270.446-54.599-12.494-9.344-11.426-7.917-7.828-7.423-3.4334
Period201720182019202020212022202320242025TTM
EPS, quarterly-1.995-2.215-1.421-1.787-3.783-0.848-0.491-1.452-0.643
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual95.66689.43760.75270.87169.585130.484123.394112.132158.162154.14
Period201720182019202020212022202320242025TTM
Sales, quarterly23.69549.32618.99737.40646.74355.01630.53135.58933.001
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual0.1930.2656.4529.82212.21813.51415.01320.36446.0379.893
Period201720182019202020212022202320242025MRQ
Shares, quarterly18.46120.36421.14422.77629.64546.0352.60963.49279.893
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue154.14158.16112.13123.39130.4869.5870.8760.7589.44
Cost of Goods Sold Incl. D&A204.06184.57146.79131.55158.2880.2076.1861.6685.84
Gross Profit-49.92-26.41-34.65-8.16-27.79-10.62-5.31-0.913.59
Selling, General and Administrative Excl. Other85.6494.22119.51124.65113.1548.7633.9445.4647.23
Research and Development28.6434.0855.4061.0234.5311.315.4013.7922.82
Other Operating Expense0.000.600.500.901.000.500.300.200.50
Operating Income-135.56-121.23-154.66-133.71-141.94-59.88-39.55-46.57-44.13
Interest Expense11.2010.389.697.256.397.3615.2910.629.05
Unusual Expense43.6271.820.73-16.261.7832.1535.8020.960.50
Net Income Before Taxes-178.34-191.24-156.75-107.47-146.41-101.02-89.66-78.06-50.95
Income Taxes-0.040.140.030.580.820.00-0.55-0.49-3.62
Consolidated Net Income-178.30-191.37-156.78-108.06-147.23-101.03-89.11-80.74-47.33
Net Income From Continuing Operations-175.10-187.90-126.01-107.57-142.72-101.06-89.11-80.74-47.33
Net Income-178.30-191.10-129.21-110.77-145.92-104.25-92.44-100.25-62.17
EPS (Recurring)-2.10-5.47-7.80-8.73-11.33-7.33-9.11-46.61-268.92
EPS (Basic, Before Extraordinaries)-3.43-7.42-7.83-7.92-11.43-9.34-12.49-54.60-270.45
EPS (Diluted)-3.43-7.42-7.83-7.92-11.43-9.34-12.49-54.60-270.45
EBITDA-95.00-80.83-118.47-108.33-120.67-40.01-20.17-34.22-35.48
Non-Operating Income (Expense)12.0412.198.3217.223.71-1.630.980.092.74
Other After Tax Adjustments0.000.000.000.000.000.000.00-3.170.00
Stock Option Compensation Expense8.778.619.069.155.203.061.331.992.49
Price To Sales Ratio9.871.461.523.719.1638.446.260.220.78
Gross Margin-32.39-16.70-30.90-6.61-21.30-15.25-7.49-1.504.02
Operating Margin-87.95-76.65-137.93-108.36-108.78-86.05-55.80-76.65-49.34
Net Margin-115.68-120.82-115.23-89.77-111.83-149.82-130.43-165.01-69.51
Shares Outstanding79.8946.0320.3615.0113.5112.229.826.450.27
Market Capitalization821.93821.93210.15490.911,264.912,927.66472.2646.1380.74

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue33.0035.5930.5355.0246.7437.4119.0049.33
Cost of Goods Sold Incl. D&A57.5048.5236.3961.6551.8846.8424.2060.09
Gross Profit-24.50-12.93-5.86-6.63-5.13-9.44-5.20-10.76
Selling, General and Administrative Excl. Other22.1622.4220.4320.6321.7126.3726.1127.55
Research and Development8.517.716.965.467.659.9011.0811.61
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income-46.66-35.35-26.29-27.27-26.85-35.80-31.32-38.31
Interest Expense2.902.862.762.672.552.552.612.52
Unusual Expense-1.0042.270.401.9669.12-1.592.44-3.58
Net Income Before Taxes-45.28-77.68-26.05-29.33-91.86-37.66-32.39-39.58
Income Taxes0.00-0.050.000.010.040.080.000.02
Consolidated Net Income-45.28-77.63-26.05-29.34-91.90-37.75-32.39-39.60
Net Income From Continuing Operations-44.47-77.91-22.86-29.87-91.66-38.05-28.33-41.42
Net Income-45.27-78.71-23.66-30.67-92.46-38.85-29.13-42.22
EPS (Recurring)-0.65-0.91-0.49-0.81-1.80-1.84-1.34-2.35
EPS (Basic, Before Extraordinaries)-0.64-1.45-0.49-0.85-3.78-1.79-1.42-2.21
EPS (Diluted)-0.64-1.45-0.49-0.85-3.78-1.79-1.42-2.21
EBITDA-37.27-24.50-15.77-17.45-17.10-24.91-21.37-29.51
Non-Operating Income (Expense)3.282.793.402.576.66-0.913.97-2.32
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense2.472.042.371.901.293.762.112.00
Price To Sales Ratio9.874.202.332.050.800.691.381.75
Gross Margin-74.25-36.33-19.18-12.05-10.98-25.23-27.39-21.81
Operating Margin-141.39-99.32-86.11-49.56-57.43-95.72-164.84-77.67
Net Margin-137.17-221.16-77.50-55.74-197.80-103.86-153.32-85.59
Shares Outstanding79.8963.4952.6146.0329.6522.7821.1420.36
Market Capitalization821.93688.71390.96289.04113.0486.69157.05210.15

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments294.70269.42358.87462.48443.48159.1012.9145.1053.92
Short Term Receivables53.0148.6020.1115.9023.6517.6010.9823.0468.52
Inventories86.20113.7084.4690.9171.0852.9256.4156.2775.53
Other Current Assets15.9112.7412.8810.995.174.354.025.805.41
Total Current Assets449.81444.46476.31580.28543.39233.9884.32130.21203.38
Net Property, Plant & Equipment107.67138.8198.0265.3347.5246.4341.1348.2043.56
Total Investments and Advances49.0948.5944.4718.5716.7332.9526.8735.1433.53
Long-Term Note Receivable82.1028.3025.809.7011.588.863.599.3812.81
Intangible Assets3.8918.8520.1521.4522.7524.0425.3413.6713.67
Deferred Tax Assets17.14--------
Other Assets239.59265.12290.77244.40233.28177.28152.19103.8276.84
Total Assets949.29944.12955.52939.72875.25523.54333.45340.42383.79
Short Term Debt Incl. Current Port. of LT Debt16.7816.7310.6713.8511.1223.2422.8718.5529.12
Accounts Payable17.0122.5926.5228.2019.279.5816.9422.5942.62
Other Current Liabilities34.0534.5928.7243.7622.3926.0822.9218.9826.34
Total Current Liabilities67.8473.9065.9085.8052.7758.9062.7360.1298.08
Long Term Debt115.75124.63118.3976.7585.72172.07100.6885.2573.73
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities17.14--------
Other Liabilities17.4218.1210.9222.7831.4438.1634.4418.1323.16
Total Liabilities218.15216.66195.22185.33169.92269.13197.85163.50194.97
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value59.8659.8659.8659.8659.8659.8659.8694.7387.56
Common Equity662.18656.92682.49684.39642.44194.5575.7482.19101.26
Total Shareholders Equity722.04716.78742.35744.25702.29254.41135.59176.92188.81
Accumulated Minority Interest9.1110.6917.9510.133.030.000.000.000.00
Total Equity731.14727.47760.30754.38705.33254.41135.59176.92188.81
Total Liabilities & Stockholders Equity949.29944.12955.52939.72875.25523.54333.45340.42383.79
Book Value Per Share14.3932.2645.4650.6452.5819.8111.74309.79525.22
Tangible Book Value Per Share14.3031.3344.1249.0650.7217.367.81258.28454.33
Full-Time Employees424584591513382316538452458
Price to Book Ratio0.840.320.721.854.394.900.610.981.50
Return on Assets-19.85-13.27-11.35-15.73-14.45-20.80-23.96-13.07-14.85
Return on Equity-26.12-17.27-14.47-19.73-21.13-45.70-51.67-25.88-29.69
Return on Invested Capital-22.43-14.98-12.50-17.38-12.82-20.89-34.17-18.05-20.53
Quick Ratio5.364.485.955.708.953.070.441.231.30
Current Ratio6.636.017.236.7610.303.971.342.172.07

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income-178.30-191.37-156.78-108.06-147.23-101.03-89.11-77.57-47.33
Depreciation40.5640.4036.1925.3821.2719.8719.3812.358.65
Other Funds (Non Cash)51.9275.3025.52-4.5615.3042.6648.0930.409.79
Funds from Operations-85.82-75.67-95.06-87.24-110.66-38.50-21.64-34.82-31.93
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-10.65-49.79-57.85-53.01-1.51-31.94-15.144.2548.25
Cash from Operating Activities-96.47-125.46-152.91-140.25-112.17-70.44-36.78-30.5716.32
Capital Expenditures-16.93-22.54-59.55-92.36-46.65-73.23-31.91-33.83-51.26
Net Assets From Acquisitions0.000.000.000.000.000.00-0.61-35.470.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.000.000.00
Purchase or Sale of Investments0.00111.40-0.50-100.000.000.000.000.000.00
Purchase of Investments0.00-660.97-835.74-299.090.000.000.000.000.00
Sale Or Maturity of Investments0.00772.37835.24199.090.000.000.000.000.00
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources0.000.000.00-0.000.000.000.00-
Cash from Investing Activities-16.9388.86-60.05-192.37-46.65-73.23-32.52-69.30-51.26
Cash Dividends Paid-3.20-3.20-3.20-3.20-3.20-3.20-6.47-1.84-4.18
Change in Capital Stock587.74185.7492.6797.50183.60526.82173.2043.6035.77
Repurchase of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Sale of Common Pref Stock587.74185.7492.6797.50183.60526.82173.2043.6035.77
Proceedsfrom Stock Options402.050.050.120.060.050.020.010.0235.77
Issuance or Reduction of Debt, Net27.84-14.4410.2549.20-9.54-88.8354.9417.90-3.88
Change in Long Term Debt27.84-14.4410.2549.20-9.54-88.8354.9417.90-3.88
Issuance of Long Term Debt45.750.0021.9597.030.009.8185.0666.2912.74
Reduction of Long Term Debt-17.91-14.44-11.70-47.83-9.54-98.64-30.12-48.40-16.62
Net Financing Active Other Cash Flow1.191.3422.437.579.73-22.880.000.000.00
Other Financing Activities Uses-2.81-2.66-2.69-1.48-2.19-22.880.000.000.00
Cash from Financing Activities613.73169.43122.15151.07180.58411.91221.6759.6627.72
Exchange Rate Effect0.140.080.110.08-0.93-0.08-0.09-0.240.01
Net Change in Cash500.47132.91-90.69-181.4720.83268.16152.27-40.46-7.21
Free Cash Flow-101.29-144.06-200.63-179.60-133.25-76.79-37.16-32.726.29
Preferred Dividends (Cash Flow)--3.20-3.20-3.20-3.20-3.20-6.47-1.84-4.18
Price to Free Cash Flow--------33.06
Deferred Taxes & Investment Tax Credit-0.000.000.000.000.000.000.00-3.04

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments682.99389.74329.45294.70190.75189.31
Short Term Receivables47.0551.3459.5853.0154.6755.44
Inventories86.3888.4590.2886.20104.60123.54
Other Current Assets16.8914.4015.4615.9120.3816.18
Total Current Assets833.30543.93494.76449.81370.40384.46
Net Property, Plant & Equipment105.43106.37106.81107.67108.70145.75
Total Investments and Advances57.1351.4155.8549.0946.2051.22
Intangible Assets2.923.243.573.894.2118.21
Deferred Tax Assets---17.14--
Other Assets187.18188.53232.59239.59247.63250.90
Total Assets1,311.161,003.38978.48949.29830.53883.84
Short Term Debt Incl. Current Port. of LT Debt19.8118.3518.7716.7817.5117.93
Accounts Payable16.3316.4614.5517.0116.4022.55
Other Current Liabilities59.9528.4828.8234.0535.1227.87
Total Current Liabilities96.0863.3062.1367.8469.0368.35
Long Term Debt146.42128.63132.27115.75118.07117.72
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---17.14--
Other Liabilities25.9123.0820.0717.4218.3618.97
Total Liabilities268.41215.01214.48218.15205.46205.05
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value59.8659.8659.8659.8659.8659.86
Common Equity975.11719.43694.87662.18556.17609.18
Total Shareholders Equity1,034.97779.29754.72722.04616.03669.03
Accumulated Minority Interest7.799.089.289.119.059.76
Total Equity1,042.76788.37764.00731.14625.08678.80
Total Liabilities & Stockholders Equity1,311.161,003.38978.48949.29830.53883.84
Book Value Per Share12.2111.3313.2114.3918.7626.75
Tangible Book Value Per Share12.1711.2813.1414.3018.6225.95
Full-Time Employees---424--
Price to Book Ratio0.840.980.570.480.190.14
Return on Assets-16.35-23.56-19.35-19.85-22.42-15.60
Return on Equity-21.21-30.70-25.17-26.12-29.51-20.52
Return on Invested Capital-3.76-8.58-2.58-3.57-12.49-4.84
Quick Ratio7.777.206.515.363.853.82
Current Ratio8.678.597.966.635.375.62

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income-45.28-77.63-26.05-29.34-91.90-37.75
Depreciation9.3910.8410.529.829.7510.89
Other Funds (Non Cash)0.2850.41-0.892.1165.307.93
Funds from Operations-35.61-16.38-16.42-17.41-16.85-18.93
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital23.41-10.92-17.52-5.62-9.87-10.92
Cash from Operating Activities-12.20-27.30-33.94-23.04-26.72-29.85
Capital Expenditures-7.15-5.69-2.98-1.11-8.87-5.19
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.004.00-4.000.000.00
Purchase or Sale of Investments0.000.000.000.0060.9250.46
Purchase of Investments0.000.000.000.000.00-282.05
Sale Or Maturity of Investments0.000.000.000.0060.92332.51
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.000.000.000.00
Cash from Investing Activities-7.15-5.691.02-5.1152.0645.27
Cash Dividends Paid-0.80-0.80-0.80-0.80-0.80-0.80
Preferred Dividends (Cash Flow)-0.80-0.80-0.80-0.80-0.80-0.80
Change in Capital Stock298.37100.3954.93134.0638.107.67
Repurchase of Common Pref Stock0.000.000.000.000.000.00
Sale of Common Pref Stock298.37100.3954.93134.0638.107.67
Proceedsfrom Stock Options298.32100.3954.92-51.5838.077.67
Issuance or Reduction of Debt, Net18.68-4.7317.90-4.02-4.08-3.31
Change in Long Term Debt18.68-4.7317.90-4.02-4.08-3.31
Issuance of Long Term Debt22.970.0022.770.000.000.00
Reduction of Long Term Debt-4.29-4.73-4.87-4.02-4.08-3.31
Net Financing Active Other Cash Flow-0.49-0.58-1.233.48-0.49-0.57
Other Financing Activities Uses-0.49-0.58-1.23-0.52-0.49-0.57
Cash from Financing Activities315.7694.2870.80132.9032.562.99
Exchange Rate Effect0.06-0.04-0.070.19-0.160.29
Net Change in Cash296.4761.2537.81104.9457.7418.69
Free Cash Flow-13.53-29.00-34.71-24.05-31.96-35.13

Revenue breakdown

Advanced Technologies2024: 26.51M 2025: 20.62M
Electricity, Generation2024: 49.98M 2025: 48.01M
Product2024: 25.68M 2025: 69.13M
Service2024: 9.97M 2025: 20.40M
Canada2024: 415.00K 2025: 115.00K
Europe2024: 1.92M 2025: 428.00K
South Korea2024: 22.84M 2025: 75.22M
United States2024: 86.96M 2025: 82.40M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-3032.00%23.6M73.8M7.22M
2026-10-1535.00%25.8M73.8M7.82M
2026-09-3032.14%24.5M76.1M8.72M
2026-09-1532.72%24.9M76.1M10.62M
2026-08-3126.40%20.1M76.1M11.02M
2026-08-1422.08%16.8M76.1M11.88M
2026-07-3121.13%15.9M75.4M12.46M
2026-07-1520.01%15.1M75.4M12.39M
2026-06-3015.24%10.3M67.4M10.25M
2026-06-1510.17%6.9M67.4M7.63M
2026-05-2910.23%5.4M52.8M6.17M
2026-05-1510.36%5.5M52.8M4.59M
2026-04-308.69%4.6M52.8M2.85M
2026-04-157.39%3.9M52.9M1.81M
2026-03-317.30%3.9M52.8M1.82M
2026-03-136.70%3.5M52.8M2.28M
2026-02-277.10%3.4M47.6M2.32M
2026-02-137.26%3.5M47.6M2.44M
2026-01-306.64%3.2M47.6M2.88M
2026-01-159.97%4.7M47.6M2.80M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call4.006.907.306.9710.40321.003.000.982-0.0720.000
call5.005.706.406.059.41223.002.000.977-0.0700.000
call5.505.205.805.227.52112.006.000.974-0.0690.000
call6.004.605.304.796.74214.003.000.971-0.0680.001
call6.503.904.803.506.02210.000.000.968-0.0660.001
call7.003.804.304.015.3523.001.000.963-0.0640.001
call7.503.003.803.324.72410.001.000.958-0.0630.001
call8.002.903.303.094.1296.002.000.952-0.0600.001
call8.502.052.902.394.12331.001.000.944-0.0580.001
call9.001.902.352.043.2731011.000.934-0.0550.001
call9.501.351.801.522.4711972.000.919-0.0510.001
call10.001.051.351.202.14338613.000.847-0.0740.002
call10.500.700.800.701.3811762580.711-0.1100.003
call11.000.400.500.421.39071141.000.556-0.1220.003
call11.500.200.300.251.43763459.000.394-0.1200.003
call12.000.100.150.141.39446068.000.247-0.0960.003
call12.500.000.100.081.54533943.000.160-0.0780.002
call13.000.000.100.051.8683942.000.138-0.0860.002
call13.500.000.300.032.16361.000.000.123-0.0920.002
call14.000.000.050.032.06216524.000.071-0.0590.001
call14.500.000.150.082.29515.000.000.066-0.0610.001
call15.000.000.100.022.5157340.000.061-0.0630.001
call15.500.000.300.132.7238.000.000.057-0.0650.001
call16.000.000.300.052.92120.000.000.054-0.0670.001
call16.500.000.150.103.1102.000.000.051-0.0680.001
call17.000.000.050.033.31628.000.000.048-0.0660.001
call17.500.000.300.033.4641.000.000.047-0.0710.001
call18.000.000.050.053.55586.000.000.045-0.0680.001
call18.500.000.300.003.7914.000.000.044-0.0730.001
call19.000.000.050.103.86830.000.000.042-0.0710.001
call19.500.000.300.004.0930.000.000.041-0.0750.001
call20.000.000.050.104.20074.000.000.040-0.0750.001
call20.500.000.300.004.3760.000.000.039-0.0770.001
call21.000.000.050.014.46722.000.000.038-0.0770.001
call21.500.000.300.104.6412.000.000.037-0.0790.001
call22.000.000.300.054.7682.000.000.037-0.0800.001
call22.500.000.300.004.8910.000.000.036-0.0800.001
call23.000.000.300.655.0100.000.000.035-0.0810.001
call23.500.000.300.005.1260.000.000.035-0.0820.001
call24.000.000.300.155.2395.000.000.034-0.0820.001
call24.500.000.300.005.3480.000.000.033-0.0830.001
call25.000.000.051.275.40514.000.000.033-0.0820.001
call26.000.000.300.005.6620.000.000.032-0.0850.001
call30.000.000.050.335.71720.000.000.030-0.0620.001
put4.000.000.150.037.7077.000.00-0.018-0.0710.000
put5.000.000.150.106.1584.000.00-0.023-0.0690.000
put5.500.000.150.005.5010.000.00-0.026-0.0680.000
put6.000.000.150.004.8970.000.00-0.029-0.0670.001
put6.500.000.150.004.3420.000.00-0.032-0.0650.001
put7.000.000.050.203.79142.000.00-0.037-0.0630.001
put7.500.000.200.013.3366.000.00-0.042-0.0620.001
put8.000.000.050.042.87369.000.00-0.048-0.0590.001
put8.500.000.050.052.4335750.00-0.056-0.0570.001
put9.000.000.050.052.0092342.00-0.066-0.0540.001
put9.500.000.050.051.5953233.00-0.081-0.0500.001
put10.000.050.100.071.47713016.00-0.153-0.0730.002
put10.500.150.250.201.57246.0022.00-0.289-0.1080.003
put11.000.300.450.411.55470.009.00-0.444-0.1210.003
put11.500.600.751.181.6059.000.00-0.606-0.1190.003
put12.000.901.201.101.95465.0027.00-0.753-0.0940.003
put12.501.351.801.922.74748.000.00-0.840-0.0770.002
put13.001.652.702.354.51275.000.00-0.862-0.0840.002
put13.502.203.002.704.15411.000.00-0.878-0.0900.002
put14.002.703.403.404.23944.0011.00-0.929-0.0570.001
put14.503.204.103.305.2901.000.00-0.934-0.0590.001
put15.003.704.304.304.47221.0010.00-0.939-0.0620.001
put15.504.205.106.755.9120.000.00-0.943-0.0630.001
put16.004.705.606.466.1956.000.00-0.946-0.0650.001
put16.505.206.100.006.4650.000.00-0.949-0.0660.001
put17.005.706.707.387.0903.000.00-0.951-0.0680.001
put17.506.207.006.806.5760.001.00-0.953-0.0690.001
put18.006.707.207.205.45910.003.00-0.955-0.0700.001
put18.507.208.107.667.4210.001.00-0.956-0.0710.001
put19.007.708.803.408.3880.000.00-0.958-0.0720.001
put19.508.209.208.678.2274.000.00-0.959-0.0730.001
put20.008.709.809.048.7314.001.00-0.960-0.0740.001
put20.509.2010.209.468.6200.001.00-0.961-0.0750.001
put21.009.7010.8011.109.1893.000.00-0.962-0.0760.001
put21.5010.2011.3010.689.3711.000.00-0.963-0.0760.001
put22.0010.7011.8011.249.5480.000.00-0.963-0.0770.001
put22.5011.2012.3011.609.7181.000.00-0.964-0.0780.001
put23.0011.7012.8013.249.8850.000.00-0.965-0.0790.001
put23.5012.2013.300.0010.0460.000.00-0.965-0.0790.001
put24.0012.7013.8013.6810.1231.000.00-0.966-0.0790.001
put24.5013.2014.3014.1210.3541.000.00-0.967-0.0800.001
put25.0013.7014.8014.1010.5010.000.00-0.967-0.0810.001
put26.0014.7015.8016.1510.7820.000.00-0.968-0.0820.001
put30.0018.5019.8019.7011.6481.000.00-0.971-0.0850.001

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-10-30SCHEDULE 13GSEC
2026-10-304Statement of changes in beneficial ownership of securities2026-10-26SEC
2026-10-303Initial statement of beneficial ownership of securities2026-10-26SEC
2026-10-288-KCurrent report2026-10-26SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-194Statement of changes in beneficial ownership of securities2026-10-15SEC
2026-10-163Initial statement of beneficial ownership of securities2026-10-07SEC
2026-10-15SCHEDULE 13GSEC
2026-10-084Statement of changes in beneficial ownership of securities2026-10-06SEC
2026-10-078-KCurrent report2026-10-04SEC
2026-10-06144Filing for proposed sale of securities under Rule 144.SEC
2026-09-154Statement of changes in beneficial ownership of securities2026-09-14SEC
2026-09-0210-QQuarterly report pursuant to Section 13 or 15(d)2026-07-31SEC
2026-09-028-KCurrent report2026-09-02SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-04SCHEDULE 13GSEC
2026-07-28SCHEDULE 13GSEC
2026-07-218-KCurrent report2026-07-21SEC
2026-07-21424B7SEC
2026-07-204Statement of changes in beneficial ownership of securities2026-07-16SEC
2026-07-164Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-164Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-164Statement of changes in beneficial ownership of securities2026-07-15SEC
2026-07-13SCHEDULE 13GSEC
2026-07-098-KCurrent report2026-07-07SEC
2026-07-08424B5SEC
2026-07-084Statement of changes in beneficial ownership of securities2026-07-06SEC
2026-07-07424B5SEC
2026-07-06144Filing for proposed sale of securities under Rule 144.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100046.25K1
2026-09246.96K100
2026-080000
2026-07494.97K171.78K1
2026-060000
2026-050000
2026-040020.00K1
2026-030000
2026-020000
2026-010000
2025-120073.37K1
2025-110000

Institutional holders

Manager% owned
BlackRock, Inc.6.38%
Legal & General Group Plc3.58%
VANGUARD CAPITAL MANAGEMENT LLC3.45%
STATE STREET CORP3.17%
TWO SIGMA INVESTMENTS, LP3.05%
CloudAlpha Capital Management Limited/Hong Kong2.43%
GEODE CAPITAL MANAGEMENT, LLC2.17%
UBS Group AG2.07%
Encompass Capital Advisors LLC2.02%
RENAISSANCE TECHNOLOGIES LLC1.88%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND2.47%
iShares Russell 2000 ETF2.09%
Strategas Macro Thematic Opportunities ETF1.15%
VANGUARD EXTENDED MARKET INDEX FUND0.90%
State Street(R) SPDR(R) S&P Kensho New Economies Composite ETF0.89%
iShares Russell 2000 Value ETF0.75%
Fidelity Small Cap Index Fund0.74%
T. Rowe Price Small-Cap Value Fund, Inc.0.59%
State Street(R) SPDR(R) S&P Kensho Clean Power ETF0.58%
Nuveen Quant Small Cap Equity Fund0.55%

OakChart. FCEL. Cached 15 minutes.