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How FUELCELL ENERGY, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$158M · 100%Cost of revenue$185M · 117%Gross profit−$26.4M · −17%Operating income−$192M · −122%Income before tax−$191M · −121%Income tax$137000 · 0%Net income−$188M · −119%As of 2025-10-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$158M100%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
Cost of revenue$185M117%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
−$26.4M−17%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
−$192M−122%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
Income before tax−$191M−121%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
Income tax$1370000%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
−$188M−119%
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
Source:
  • 10-K · FY 2025Filing detailsAccession 0001104659-25-122302 · filed Dec 18, 2025
· event Oct 31, 2025 · retrieved Oct 17, 2026 · annual-row source set
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