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FuelCell Energy Inc (FCELB) company profile

FCELBOTCElectrical Industrial ApparatusFiscal year ends October 31Also trades as FCEL
Financials through Q3 FY2026, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 2, 2026Score 7/3053% below fair value
$488.00+23.00 (+4.95%)

Close on Oct 19, 2026Market cap $839.52MP/E –Yield –

About FuelCell Energy

Electrical Industrial Apparatus, SIC 3620

The company develops and deploys fuel cell technology through business segments focused on electricity generation, advanced technologies, products, and contract services. Its activities center on clean power generation platforms, fuel cell modules, and technological research. The customer base includes industrial, utility, and corporate clients such as United Illuminating, Connecticut Light and Power, Ameresco, Esso Nederland, ExxonMobil Research and Engineering Company, Korea Southern Power Company, Korea Fuel Cell, and Gyeonggi Green Energy.

In terms of geographic footprint and scale, the business maintains operations and commercial relationships across the United States, South Korea, Canada, and Europe. Its project assets and construction sites include fuel cell facilities located in Derby, Groton, and Bridgeport within Connecticut, alongside international installations. While the provided text details these operating locations, project facilities, and target countries, it does not state a specific corporate headquarters address or city.

Summary of the business section of FuelCell Energy's latest annual report, written by StockData.

Company profile

Company

Legal name
FuelCell Energy Inc
Founded
1969
Headquarters
Danbury, CT
Address
3 Great Pasture Road 06810
Phone
(203) 825-6000
Employees
424, Oct 31, 2025
Industry
Electrical Industrial Apparatus
Incorporated in
Delaware
Fiscal year ends
October 31
Auditor
KPMG LLP, Philadelphia, Pennsylvania

Stock & identifiers

Ticker
FCELB
Other tickers
FCEL
Exchange
OTC
IPO date
Jun 25, 1992
Shares outstanding
80M, Aug 27, 2026
Public float
$93.08M, Apr 30, 2025
Filer category
Accelerated filer
Stock splits
1-for-30 reverse, Nov 11, 2024; 1-for-12 reverse, May 9, 2019; 1-for-12 reverse, Dec 4, 2015; 2-for-1, Jun 20, 2001; 2-for-1, Sep 14, 2000; 3-for-2, Nov 17, 1999
SEC CIK
886128
CUSIP
35952H700
ISIN
US35952H7008
LEI
549300SRU8020X1X9J22
EIN
06-0853042

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Jason FewCEO, Director80,815
Shankar AchantaEVP, Chf. Product &Tech Ofc.2,618
Amanda Justine Schreiber*EVP, GC, and Corp Secy–
Michael S. BishopEVP, TREASURER & CFO25,122
Joshua DolgerGeneral Counsel & Corp Sec11,743
Michael James HillEVP & Ch. Commercial Officer–
Michael LisowskiEVP, Strategic Partnerships8,610
Mark FeaselEVP & Ch. Commercial Officer7,349
III Homer John LivingstonDirector42,747
James Herbert EnglandDirector14,645
Cynthia L. HansenDirector18,579
Althann Natica vonDirector23,988
Betsy B. BinghamDirector23,859
Wilson Donna SimsDirector8,143
Matthew F. HilzingerDirector14,367
Tyrone Michael JordanDirector–

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2025$2.75M$2.37M$1.11M$15$75
FY2024$4.17M$817.72K$1.40M$17$45
FY2023$4.81M$1.44M$1.42M$55$49
FY2022$2.46M-$3.69M$1.39M$156$110
FY2021$3.59M$11.73M$1.24M$400$219

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Executive compensation, fiscal 2025

Summary compensation table from the latest proxy statement

ExecutiveSalaryStock awardsIncentive payOtherTotalvs. prior year
Jason Few
President and Chief Executive Officer
$582.04K$1.42M$686.38K$63.93K$2.75M-34%
Michael S. Bishop
Executive Vice President, Chief Financial Officer and Treasurer
$445.98K$551.83K$325.57K$15.83K$1.34M-29%
Shankar Achanta
Executive Vice President, Chief Product and Technology Officer
$400.00K$303.50K$251.40K$15.46K$970.36K–
Joshua Dolger
Former Executive Vice President, General Counsel and Corporate Secretary
$385.02K$303.50K$242.56K$15.61K$946.69K-23%
Michael J. Lisowski
Former Executive Vice President, Strategic Partnerships
$431.84K$446.18K$280.00K$132.96K$1.29M+5%
Mark Feasel
Former Executive Vice President and Chief Commercial Officer
$399.60K$306.64K$135.52K$183.26K$1.03M-19%

Stock and option awards are grant-date fair values, not realized pay. “Other” includes pension value changes and all other compensation. Source proxy statement.

Employees

Headcount reported in annual reports

“As of October 31, 2025 , we had 424 full-time employees, of which 381 were located in the United States, 25 were located in Canada, 7 were located in Germany, and 11 were located in South Korea.”

Corporate history

Events identified from SEC filings