NASDAQ$FCEL
FuelCell Energy Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
FuelCell Energy's first quarter of fiscal year 2022 results were reported, highlighted by increased revenues and progress in key projects.
FuelCell Energy reported a significant increase in revenue, driven by product sales, particularly the delivery of fuel cell modules to Korea Fuel Cell Co., Ltd. However, the company experienced a loss from operations, impacted by a non-recurring legal expense. The company also achieved a technical milestone in its carbon capture application and is focused on expanding its geographic markets and commercializing advanced technologies.
- Revenues increased by 114% year-over-year, driven by product revenue.
- Gross loss decreased compared to the prior-year quarter.
- Operating expenses increased due to non-recurring legal fees and investments in sales and commercialization efforts.
- The company is focused on optimizing its core business and expanding into new markets and technologies.
Headline financials
Revenue & EPS history
FuelCell Energy · Revenue · Quarterly
$31.8M
Revenue by segment
FuelCell Energy · $29.6M total across 3 segments · Q1 2022
- Product$18M—60.8%
- Generation$7.5M+53.3%25.3%
- Advanced Technologies$4.13M-18.5%13.9%
Forward guidance
FuelCell Energy is focused on executing its Powerhouse business strategy, including optimizing its core business, investing in people and capabilities, commercializing advanced technologies, and expanding geographic markets.
Tailwinds
- Optimizing core business operations
- Investing in people and capabilities
- Driving to commercial availability Advanced Technologies solutions
- Expanding geographic markets
- Supporting accelerating energy transition
Headwinds
- General risks associated with product development and manufacturing
- General economic conditions
- Changes in interest rates, which may impact project financing
- Supply chain disruptions
- Changes in the utility regulatory environment
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-2.8%
Avg return
Earnings day
-3.4%
Avg return
5 days after
-5.7%
Avg return
30 days after
30%
20 / 67 earnings
Positive
+29.6%
Q1 2020
Best reaction
-38.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -10.4% | -2.1% | — | |
| Q1 2026 | -2.9% | -12.8% | -15.7% | |
| Q4 2025 | +22.5% | +11.3% | +1.8% | |
| Q3 2025 | +23.3% | +62.8% | +134.1% | |
| Q2 2025 | +0.0% | +0.8% | -12.9% | |
| Q1 2025 | +3.6% | -2.4% | -38.4% | |
| Q4 2024 | +6.1% | +5.7% | -2.3% | |
| Q3 2024 | +6.4% | +4.9% | -14.6% | |
| Q2 2024 | +6.1% | -5.7% | -31.0% | |
| Q1 2024 | -7.4% | -13.1% | -7.4% | |
| Q4 2023 | -5.2% | +7.8% | -25.5% | |
| Q3 2023 | -6.3% | -13.9% | -4.9% | |
| Q2 2023 | -2.1% | +17.2% | -12.6% | |
| Q1 2023 | -6.1% | -5.2% | -27.6% | |
| Q4 2022 | -17.2% | -18.1% | -4.0% | |
| Q3 2022 | +6.3% | +3.3% | -22.1% | |
| Q2 2022 | -7.6% | -18.4% | +6.1% | |
| Q1 2022 | +6.2% | -7.1% | -14.7% | |
| Q4 2021 | -9.2% | -1.5% | -37.3% | |
| Q3 2021 | +9.3% | +16.5% | +28.5% | |
| Q2 2021 | -6.1% | -18.3% | -28.6% | |
| Q1 2021 | -7.8% | -12.1% | -43.3% | |
| Q4 2020 | +8.2% | +29.1% | +20.6% | |
| Q3 2020 | -17.5% | -8.0% | -0.4% | |
| Q2 2020 | -0.4% | -7.5% | +20.4% | |
| Q1 2020 | +29.6% | +6.1% | +33.9% | |
| Q4 2019 | -38.9% | -46.5% | -12.5% | |
| Q3 2019 | +6.0% | +0.0% | -22.5% | |
| Q2 2019 | -13.5% | -44.4% | -16.7% | |
| Q1 2019 | -12.7% | -16.7% | -35.4% | |
| Q4 2018 | -6.8% | +0.0% | -19.6% | |
| Q3 2018 | -6.7% | -11.7% | -13.3% | |
| Q2 2018 | -8.9% | -4.7% | -27.1% | |
| Q1 2018 | +6.4% | +5.3% | +5.3% | |
| Q4 2017 | +7.0% | +5.4% | -10.8% | |
| Q3 2017 | -0.7% | +0.0% | +50.7% | |
| Q2 2017 | +1.9% | +5.6% | +15.7% | |
| Q1 2017 | -6.7% | -10.0% | +6.7% | |
| Q4 2016 | -2.6% | -7.7% | -23.1% | |
| Q3 2016 | -0.2% | -3.4% | -1.7% | |
| Q2 2016 | -19.7% | -29.0% | -24.8% | |
| Q1 2016 | -3.1% | — | — | |
| Q4 2015 | -14.5% | — | — | |
| Q3 2015 | +6.3% | — | — | |
| Q2 2015 | -5.7% | — | — | |
| Q1 2015 | +0.8% | — | — | |
| Q4 2014 | -1.9% | — | — | |
| Q3 2014 | -6.9% | — | — | |
| Q2 2014 | -9.1% | — | — | |
| Q1 2014 | -7.1% | — | — | |
| Q4 2013 | -20.8% | — | — | |
| Q3 2013 | +10.6% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | -5.8% | — | — | |
| Q4 2012 | -4.8% | — | — | |
| Q3 2012 | -11.3% | — | — | |
| Q2 2012 | -15.9% | — | — | |
| Q1 2012 | +4.1% | — | — | |
| Q4 2011 | -1.8% | — | — | |
| Q3 2011 | -4.9% | — | — | |
| Q4 2010 | -4.9% | — | — | |
| Q4 2009 | -4.9% | — | — | |
| Q2 2011 | -5.4% | — | — | |
| Q1 2011 | +6.7% | — | — | |
| Q3 2010 | +0.0% | — | — | |
| Q2 2010 | -9.2% | — | — | |
| Q1 2010 | -5.2% | — | — |
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