FuelCell Energy Reports Second Fiscal Quarter 2026 Results; Advances Data Center Power Strategy
<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css" /> <p align="justify">DANBURY, Conn., June 08, 2026 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. ("FuelCell Energy" or the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/FCEL" rel="nofollow">FCEL</a>) today reported financial results for its second quarter ended April 30, 2026.</p> <p align="justify"><strong>Second Fiscal Quarter 2026 Operational and Financial Highlights</strong></p> <p align="justify">(All comparisons are year-over-year unless otherwise noted)</p> <ul type="disc"> <li style="text-align:justify;">Backlog of $1.14 billion as of April 30, 2026, compared to $1.26 billion as of April 30, 2025, a decrease of approximately 9.9%</li> <li style="text-align:justify;">Sales pipeline<sup>1</sup> in Q2 2026 totals 4 gigawatts ("GW"), a 267% increase from Q1 2026</li> <li style="text-align:justify;">Advanced expansion of Torrington, CT manufacturing capacity</li> <li style="text-align:justify;">First two carbon capture modules en route to Rotterdam, The Netherlands in advancement of carbon capture collaboration with ExxonMobil Technology and Engineering Company</li> <li style="text-align:justify;">Revenue of $35.6 million, compared to $37.4 million, a decrease of approximately 5%</li> <li style="text-align:justify;">Gross loss of $(12.9) million, compared to $(9.4) million, an increase of approximately 37%</li> <li style="text-align:justify;">Loss from operations of $(77.9) million, compared
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