Latest revenue
$30.5M
as of 2026-01-31
Latest net income
$-22.9M
as of 2026-01-31
Net margin
-74.9%
as of 2026-01-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $1.32B
- Enterprise value
- $1.32B
- P/E (trailing)
- —
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $27.33
- 52-wk low
- $3.78
- Beta
- —
- Shares out
- 53.0M
5-year trend
What this company does
Index to Item 1. BUSINESS Page Forward-Looking Statement Disclaimer 4 Risk Factor Summary 6 Background 7 Additional Technical Terms and Definitions 8 At a Glance 10 Overview 10 Business Model, Strategy and Competitive Advantages 11 Products 14 Advanced Technologies Programs 18 Markets 23 Growth and Market Adoption Targets 25 Manufacturing and Service Facilities 27 Raw Materials and Supplier Relationships 29 Engineering, Procurement and Construction 29 Services and Warranty Agreements 29 License Agreements and Royalty Income; Relationship with POSCO Energy 30 Company Funded Research and Development 32 Backlog 33 Competition 33 Regulatory and Legislative Environment 35 Government Regulation…
AI summary unavailable — showing raw filing excerpt
Generated from FCEL's filing dated 2021-01-21
Key risks
ITEM 1A.RISK FACTORS An investment in our common stock involves a high degree of risk. Prior to making a decision about investing in our securities, you should carefully consider the specific risk factors discussed below, together with all of the other information in this Annual Report on Form 10-K, including the section titled “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and related notes. The risks and uncertainties we have described are not the only ones we face. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also affect our business, financial…
AI summary unavailable — showing raw filing excerpt
Generated from FCEL's filing dated 2021-01-21
Profitability
Operating margin
-121.6%
14.0%Net margin
-118.8%
5.7%Return on equity
-28.4%
47.9%Return on assets
-20.2%
51.0%Leverage
Debt / equity
0.41×
6.7%Debt / assets
29.0%
4.8%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-01-31 | $30.5M | +60.7% | $-22.9M | +19.3% | -74.9% |
Q4 2025 2025-10-31 | $55.0M | +11.5% | $-29.9M | +27.9% | -54.3% |
Q3 2025 2025-07-31 | $46.7M | +97.3% | $-91.7M | -180.6% | -196.1% |
Q2 2025 2025-04-30 | $37.4M | +66.8% | $-38.0M | -18.4% | -101.7% |
Q1 2025 2025-01-31 | $19.0M | +13.8% | $-28.3M | -43.1% | -149.1% |
Q4 2024 2024-10-31 | $49.3M | — | $-41.4M | — | -84.0% |
Q3 2024 2024-07-31 | $23.7M | -7.1% | $-32.7M | -34.5% | -137.8% |
Q2 2024 2024-04-30 | $22.4M | — | $-32.1M | — | -143.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Electrical Industrial Apparatus · SIC 3620
Your notes
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Insider activity
Insider buying
$0
Insider selling
$93.4K
Net activity
−$93.4K
Distinct insiders
2
Open-market trades over the last 365 days.
Recent transactions
| Date | Insider | Type | Shares | Price | Value | |
|---|---|---|---|---|---|---|
| 2026-04-20 | Shankar Achanta EVP, Chf. Product &Tech Ofc. | Sale | 2,500 | $8.00 | $20.0K | |
| 2025-12-22 | Betsy B Bingham Director | Sale | 8,608 | $8.52 | $73.4K |
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns FCEL
Institutional value
$79.9M
Total shares held
13.0M
Distinct holders
76
-61 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | Legal & General Group Plc | 2.9M | $18.7M | -27.4K (-0.9%) | Trimmed |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 2.2M | $14.2M | — | New |
| 3 | Invesco Ltd. | 1.2M | $7.9M | -289.7K (-19.2%) | Trimmed |
| 4 | BlackRock, Inc. | 1.0M | $6.8M | +83.0K (+8.7%) | Added |
| 5 | CenterBook Partners LP | 986.0K | $6.4M | -292.7K (-22.9%) | Trimmed |
| 6 | JPMORGAN CHASE & CO | 643.3K | $4.0M | +358.9K (+126.2%) | Added |
| 7 | UBS Group AG | 600.7K | $3.9M | +453.8K (+309.0%) | Added |
| 8 | BANK OF MONTREAL /CAN/ | 459.3K | $3.0M | — | New |
| 9 | FEDERATED HERMES, INC. | 343.8K | $2.2M | -92.0K (-21.1%) | Trimmed |
| 10 | DIMENSIONAL FUND ADVISORS LP | 312.5K | $2.0M | +256.6K (+459.1%) | Added |
| 11 | VANGUARD FIDUCIARY TRUST CO | 284.4K | $1.9M | — | New |
| 12 | Connor, Clark & Lunn Investment Management Ltd. | 211.3K | $1.4M | -211.3K (-50.0%) | Trimmed |
| 13 | DEUTSCHE BANK AG\ | 209.1K | $1.4M | -214.5K (-50.6%) | Trimmed |
| 14 | MIRABELLA FINANCIAL SERVICES LLP | 200.0K | $1.3M | -33.8K (-14.5%) | Trimmed |
| 15 | FIRST TRUST ADVISORS LP | 116.1K | $758.2K | — | New |
| 16 | CITIGROUP INC | 112.6K | $735.4K | +101.7K (+932.1%) | Added |
| 17 | BNP PARIBAS FINANCIAL MARKETS | 110.5K | $721.3K | -90.4K (-45.0%) | Trimmed |
| 18 | Hudson Bay Capital Management LP | 85.5K | $558.6K | +33.7K (+65.1%) | Added |
| 19 | LPL Financial LLC | 66.8K | $436.5K | +8.2K (+14.0%) | Added |
| 20 | VANGUARD PORTFOLIO MANAGEMENT LLC | 56.0K | $366.0K | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once FCEL's latest filing finishes processing.