FuelCell Energy Revenue Jumps 97 Percent
FuelCell Energy (NASDAQ:FCEL) reported third-quarter 2025 results on September 9, 2025, with revenue increasing 97% year-over-year to $46.7 million and adjusted EBITDA loss improving to negative $16.4 million. The company detailed cost reductions from its June 2025 restructuring, disclosed an expanding data center pipeline, highlighted a significant Memorandum of Understanding (MOU) with Inuverse for up to 100 megawatts, executed in Q2, and outlined progress on South Korea module deliveries and new service agreements.
The June 2025 restructuring is projected to reduce operating expenses by 30% on an annualized basis versus 2024, with administrative and selling expenses already decreasing to $14.1 million and R&D spending down to $7.6 million. The company closed the quarter with $236.9 million in cash and equivalents, providing ample liquidity.
Cost control progress and balance sheet strength empower FuelCell Energy to pursue new growth platforms and offset ongoing net losses while continuing investments in product and partnership development.
Source Fool.com
