FuelCell Energy Cash Flow Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021	2016 - 2020
Net Income	-187.9	-126.01	-107.57	-142.72	-101.06	Upgrade
Depreciation & Amortization	40.4	36.19	25.38	21.27	19.87	Upgrade
Asset Writedown & Restructuring Costs	65.78	1.26	2.38	1.78	5.02	Upgrade
Stock-Based Compensation	11.09	11.76	11.95	6.79	4.29	Upgrade
Other Operating Activities	-4.87	-18.27	-19.38	2.22	33.37	Upgrade
Change in Accounts Receivable	-58.39	-30.99	-20.85	8.97	-8.78	Upgrade
Change in Inventory	15.87	-29.25	4.69	-28.06	-18.76	Upgrade
Change in Accounts Payable	-2.76	-1	3	6.33	1.99	Upgrade
Change in Unearned Revenue	1.48	4.1	-22.3	-11.28	-5.19	Upgrade
Change in Other Net Operating Assets	-6	-0.71	-17.55	22.52	-1.21	Upgrade
Operating Cash Flow	-125.29	-152.91	-140.25	-112.17	-70.44	Upgrade
Capital Expenditures	-22.54	-59.55	-92.36	-46.65	-73.23	Upgrade
Investment in Securities	111.4	-0.5	-100	-	-	Upgrade
Investing Cash Flow	88.86	-60.05	-192.37	-46.65	-73.23	Upgrade
Long-Term Debt Issued	-	23.1	100.5	-	13.18	Upgrade
Long-Term Debt Repaid	-14.44	-11.7	-47.83	-9.54	-120.18	Upgrade
Net Debt Issued (Repaid)	-14.44	11.41	52.67	-9.54	-107.01	Upgrade
Issuance of Common Stock	185.74	92.68	97.5	183.6	526.82	Upgrade
Repurchase of Common Stock	-0.55	-1.07	-0.89	-1.89	-0.34	Upgrade
Preferred Dividends Paid	-3.2	-3.2	-3.2	-3.2	-3.2	Upgrade
Dividends Paid	-3.2	-3.2	-3.2	-3.2	-3.2	Upgrade
Other Financing Activities	1.72	22.34	4.99	11.62	-4.36	Upgrade
Financing Cash Flow	169.26	122.15	151.07	180.58	411.91	Upgrade
Foreign Exchange Rate Adjustments	0.08	0.11	0.08	-0.93	-0.08	Upgrade
Net Cash Flow	132.91	-90.69	-181.47	20.83	268.16	Upgrade
Free Cash Flow	-147.83	-212.46	-232.61	-158.82	-143.67	Upgrade
Free Cash Flow Margin	-93.47%	-189.47%	-188.51%	-121.71%	-206.46%	Upgrade
Free Cash Flow Per Share	-5.74	-12.87	-16.63	-12.44	-12.88	Upgrade
Cash Interest Paid	7.25	6.8	3.09	1.56	5.77	Upgrade
Cash Income Tax Paid	0.15	0.02	0.01	0	0.01	Upgrade
Levered Free Cash Flow	-44.37	-178.92	-160.22	-92.05	-112.15	Upgrade
Unlevered Free Cash Flow	-37.44	-170.92	-155.69	-88.05	-107.55	Upgrade
Change in Working Capital	-49.79	-57.85	-53.01	-1.51	-31.94	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.