FuelCell Energy reported third fiscal quarter results ending July 31, 2026, with revenue of $33.0 million and a net loss per share of $(0.64). The company secured its first data center power agreement with Fit Energy for up to 380 MW across four phases and signed a capacity reservation agreement for a 75 MW project in Texas. Committed backlog rose approximately 4% to $1.3 billion, while awarded capacity backlog reached $2.4 billion, bringing total backlog to $3.6 billion. Cash and equivalents totaled $737.3 million following a July public offering that raised $245.5 million. The company is expanding its Torrington, CT manufacturing facility to 500 MW of annualized production capacity by June 2028. FuelCell Energy operates in the clean energy technology sector, designing and delivering fuel cell systems for baseload power generation.
