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Home/News Feed/FuelCell Energy posts wider Q3 loss as costs exceed new data center contract pricing
FCEL
$14.58
-$2.50 -14.64%

FuelCell Energy posts wider Q3 loss as costs exceed new data center contract pricing

Company Fundamentals
02 Sep 2026
Proactive Investors
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Bearish
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FuelCell Energy reported a larger third-quarter loss due to higher costs linked to a new data center power deal, with revenue dropping 29% year-over-year to $33 million and adjusted loss per share at $0.64, wider than expected. The company’s gross loss surged 377%, driven by inventory and purchase-commitment charges under its agreement with Fit Energy. Despite the loss, backlog rose to $3.6 billion, and FuelCell signed a new 75 MW data center power deal in Texas after the quarter ended. The company aims to increase production to 100 MW by October 2026 and reach positive adjusted EBITDA by late 2027.

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FuelCell Energy stock drops 13% after wider loss and surprise charge despite first data center deal.

FuelCell Energy stock drops 13% after wider loss and surprise charge despite first data center deal.

FuelCell Energy's stock fell 13% following its fiscal Q3 2026 report, which showed a wider loss and a $17 million charge related to product costs and pricing issues with Fit Energy. Revenue dropped 29% year-over-year to $33 million, missing expectati...

Company Fundamentals
Bearish
5 hours ago
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