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$FCEL

FuelCell Energy

NASDAQINDUSTRIALSELECTRICAL EQUIPMENT & PARTS

CANONICAL $FCEL FLOW

What changed

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earnings · Impact 70

FuelCell Energy Q3 revenue falls 29%, loss widens; targets positive EBITDA by Q4 FY27

FuelCell Energy Q3 revenue $33M missed estimates, adj EPS -$0.64 vs -$0.35 consensus. Gross loss widened on CEPA charges. Cash $737M. First data center deal 75 MW signed post-quarter. Guides to positive EBITDA by Q4 FY27 and 500 MW capacity by June 2028.

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