FuelCell Energy Reports Third Fiscal Quarter 2026 Results; Executes First Data Center Power Agreement, Increases Annualized Production Rate & Focuses on Capacity Expansion
FuelCell Energy reported fiscal Q3 2026 revenue of $33.0 million, down 29% year-over-year, with a net loss per share of $(0.64) and a gross loss that widened roughly 377% to $(24.5) million, including $17.0 million of charges tied to below-market contractual pricing on Phase 0 of the Fit Energy agreement.
Key figures
- Revenue
- 33001000
- Guidance
- Targeting positive Adjusted EBITDA in Q4 fiscal 2027; targeting 100 MW annualized production rate in October 2026; Torrington expansion to 500 MW annualized capacity to complete by June 2028
- Total backlog
- 3646260000
- Committed backlog
- 1296010000
- Sales pipeline gw
- approximately 10 GW
- Shares outstanding
- 79954196
- Q3 production rate mw
- 37.1
- Cepa inventory charges
- 17000000
- Awarded capacity backlog
- 2350250000
- Cash and restricted cash
- 737300000
- Data center reservation mw
- 75
- Fit energy total capacity mw
- 380
- Shares outstanding prior year
- 46075237
AI analysis
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