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FuelCell Energy (HAM:FEY2) Gross Profit : €-25.13 Mil (TTM As of Jan. 2024)


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What is FuelCell Energy Gross Profit?

FuelCell Energy's gross profit for the three months ended in Jan. 2024 was €-10.76 Mil. FuelCell Energy's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was €-25.13 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FuelCell Energy's gross profit for the three months ended in Jan. 2024 was €-10.76 Mil. FuelCell Energy's Revenue for the three months ended in Jan. 2024 was €15.32 Mil. Therefore, FuelCell Energy's Gross Margin % for the quarter that ended in Jan. 2024 was -70.25%.

FuelCell Energy had a gross margin of -70.25% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of FuelCell Energy was 7.83%. The lowest was -35.01%. And the median was -4.44%.


FuelCell Energy Gross Profit Historical Data

The historical data trend for FuelCell Energy's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

FuelCell Energy Gross Profit Chart

FuelCell Energy Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.23 -6.57 -13.48 -30.02 -9.98

FuelCell Energy Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.86 -5.56 -7.43 -1.39 -10.76

Competitive Comparison of FuelCell Energy's Gross Profit

For the Electrical Equipment & Parts subindustry, FuelCell Energy's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FuelCell Energy's Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FuelCell Energy's Gross Profit distribution charts can be found below:

* The bar in red indicates where FuelCell Energy's Gross Profit falls into.



FuelCell Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

FuelCell Energy's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as

Gross Profit (A: Oct. 2023 )=Revenue - Cost of Goods Sold
=116.854 - 126.831
=-9.98

FuelCell Energy's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit (Q: Jan. 2024 )=Revenue - Cost of Goods Sold
=15.322 - 26.086
=-10.76

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-25.13 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

FuelCell Energy's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

Gross Margin % (Q: Jan. 2024 )=Gross Profit (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-10.76 / 15.322
=-70.25 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


FuelCell Energy  (HAM:FEY2) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

FuelCell Energy had a gross margin of -70.25% for the quarter that ended in Jan. 2024 => No sustainable competitive advantage


FuelCell Energy Gross Profit Related Terms

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FuelCell Energy (HAM:FEY2) Business Description

Address
3 Great Pasture Road, Danbury, CT, USA, 06810
FuelCell Energy Inc is a fuel-cell power company. FuelCell designs manufactures, sells, installs, operates, and services fuel cell products and electrolysis platforms that decarbonize power and produce hydrogen. It serves various industries such as Industrial, Wastewater treatment, Commercial and Hospitality, Data centers and Communications, Education and Healthcare, and others. Geographically, the company generates a majority of its revenue from the United States followed by South Korea.

FuelCell Energy (HAM:FEY2) Headlines

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