Why Shares of FuelCell Energy Are Skyrocketing Today

Core Viewpoint - FuelCell Energy's stock has rebounded significantly after reporting strong fourth-quarter 2025 financial results, with shares up 33.5% following a previous drop of 6.7% [1][7]. Financial Performance - The company reported Q4 2025 sales of $55 million, exceeding analysts' expectations of $47.2 million, marking a year-over-year increase of approximately 12% [3]. - FuelCell Energy's EBITDA loss for Q4 2025 was negative $18.5 million, an improvement from a loss of negative $32.3 million in Q4 2024 [4]. - The adjusted diluted EPS loss narrowed to negative $0.83 in Q4 2025 from negative $1.85 in Q4 2024 [4]. Future Outlook - FuelCell Energy ended Q4 2025 with a backlog of $1.19 billion, up from $1.16 billion the previous year, indicating growth potential [5]. - The company has unrestricted cash and cash equivalents totaling $278.1 million, supported by recent financing from the Export-Import Bank of the United States, which positions it well for future opportunities, particularly in the data center market [5]. Challenges - Despite improvements in revenue and backlog, the company reported a steeper EBITDA loss of $151.9 million in fiscal 2025 compared to $122.3 million in fiscal 2024, indicating ongoing challenges in achieving profitability [8].