FuelCell Energy Inc (FCELB) company profile
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
- Website
- www.fuelcellenergy.com
- 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
| Name | Position | Shares owned |
|---|---|---|
| Jason Few | CEO, Director | 80,815 |
| Shankar Achanta | EVP, Chf. Product &Tech Ofc. | 2,618 |
| Amanda Justine Schreiber | *EVP, GC, and Corp Secy | – |
| Michael S. Bishop | EVP, TREASURER & CFO | 25,122 |
| Joshua Dolger | General Counsel & Corp Sec | 11,743 |
| Michael James Hill | EVP & Ch. Commercial Officer | – |
| Michael Lisowski | EVP, Strategic Partnerships | 8,610 |
| Mark Feasel | EVP & Ch. Commercial Officer | 7,349 |
| III Homer John Livingston | Director | 42,747 |
| James Herbert England | Director | 14,645 |
| Cynthia L. Hansen | Director | 18,579 |
| Althann Natica von | Director | 23,988 |
| Betsy B. Bingham | Director | 23,859 |
| Wilson Donna Sims | Director | 8,143 |
| Matthew F. Hilzinger | Director | 14,367 |
| Tyrone Michael Jordan | Director | – |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer 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
| Executive | Salary | Stock awards | Incentive pay | Other | Total | vs. 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