NASDAQ$FCEL
FuelCell Energy Inc · Q4 2021 earnings
Q4 2021 earnings · · Investor relations
Briefing
FuelCell Energy's Q4 2021 earnings decreased due to lower revenues and increased operating expenses.
FuelCell Energy reported a decrease in revenue and an increase in net loss for the fourth quarter of fiscal year 2021. Revenue decreased by 18% to $13.9 million, and the loss from operations increased to $(22.6) million. The company continues to focus on its long-term growth strategy, investing in operational capabilities and technology innovation.
- Revenues decreased to $13.9 million compared to $17.0 million year-over-year.
- Loss from operations increased to $(22.6) million compared to $(17.1) million year-over-year.
- Unrestricted cash and cash equivalents were $432.2 million as of October 31, 2021, compared to $149.9 million as of October 31, 2020.
- Backlog remained comparable at $1.29 billion as of October 31, 2021.
Headline financials
Revenue & EPS history
FuelCell Energy · Revenue · Quarterly
$13.9M
Revenue by segment
FuelCell Energy · $13.9M total across 3 segments · Q4 2021
- Advanced Technologies$7.34M+14.4%52.7%
- Generation$6.72M+30.6%48.2%
- Service-$126K-102.3%-0.9%
Forward guidance
FuelCell Energy plans to focus on continued investment to achieve long-term growth in fiscal year 2022, rather than focusing on shorter-term financial metrics such as revenue growth and Adjusted EBITDA.
Tailwinds
- Capital expenditures are expected to range between $40 million to $50 million for fiscal year 2022.
- Investments in factories for carbonate and solid oxide production capacity expansion.
- Addition of test facilities for new products and components.
- Expansion of laboratories and upgrades to and expansion of business systems.
- Company funded research and development activities are expected to increase to $45.0 million to $55.0 million in fiscal year 2022
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 Q4 2021
-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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro