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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and FLUSHING FINANCIAL CORP (FFIC). Click either name above to swap in a different company.

FLUSHING FINANCIAL CORP is the larger business by last-quarter revenue ($58.8M vs $55.0M, roughly 1.1× FUELCELL ENERGY INC). FLUSHING FINANCIAL CORP runs the higher net margin — 6.8% vs -54.3%, a 61.1% gap on every dollar of revenue. On growth, FLUSHING FINANCIAL CORP posted the faster year-over-year revenue change (2597.7% vs 11.5%). FLUSHING FINANCIAL CORP produced more free cash flow last quarter ($55.8M vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 13.7%).

FuelCell Energy, Inc. is a publicly traded fuel cell company headquartered in Danbury, Connecticut. It designs, manufactures, operates and services power plants based on molten carbonate fuel cells.

Flagstar Bank, N.A. (FLG), is an American regional financial services holding company headquartered in Hicksville, New York. In 2023, the bank operated 395 branches However, they rebranded all of these under the Flagstar name on February 21, 2024.

FCEL vs FFIC — Head-to-Head

Bigger by revenue
FFIC
FFIC
1.1× larger
FFIC
$58.8M
$55.0M
FCEL
Growing faster (revenue YoY)
FFIC
FFIC
+2586.1% gap
FFIC
2597.7%
11.5%
FCEL
Higher net margin
FFIC
FFIC
61.1% more per $
FFIC
6.8%
-54.3%
FCEL
More free cash flow
FFIC
FFIC
$79.7M more FCF
FFIC
$55.8M
$-23.9M
FCEL
Faster 2-yr revenue CAGR
FCEL
FCEL
Annualised
FCEL
81.6%
13.7%
FFIC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FCEL
FCEL
FFIC
FFIC
Revenue
$55.0M
$58.8M
Net Profit
$-29.9M
$4.0M
Gross Margin
-12.1%
Operating Margin
-51.5%
13.3%
Net Margin
-54.3%
6.8%
Revenue YoY
11.5%
2597.7%
Net Profit YoY
27.9%
108.2%
EPS (diluted)
$-0.43
$0.12

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FCEL
FCEL
FFIC
FFIC
Q4 25
$55.0M
$58.8M
Q3 25
$46.7M
$58.6M
Q2 25
$37.4M
$63.5M
Q1 25
$19.0M
$58.1M
Q4 24
$49.3M
$2.2M
Q3 24
$23.7M
$51.9M
Q2 24
$22.4M
$47.0M
Q1 24
$16.7M
$45.5M
Net Profit
FCEL
FCEL
FFIC
FFIC
Q4 25
$-29.9M
$4.0M
Q3 25
$-91.7M
$10.4M
Q2 25
$-38.0M
$14.2M
Q1 25
$-28.3M
$-9.8M
Q4 24
$-41.4M
$-49.2M
Q3 24
$-32.7M
$8.9M
Q2 24
$-32.1M
$5.3M
Q1 24
$-19.8M
$3.7M
Gross Margin
FCEL
FCEL
FFIC
FFIC
Q4 25
-12.1%
Q3 25
-11.0%
Q2 25
-25.2%
Q1 25
-27.4%
Q4 24
-22.1%
Q3 24
-26.2%
Q2 24
-31.6%
Q1 24
-70.2%
Operating Margin
FCEL
FCEL
FFIC
FFIC
Q4 25
-51.5%
13.3%
Q3 25
-204.0%
23.4%
Q2 25
-95.7%
29.8%
Q1 25
-172.9%
-10.2%
Q4 24
-83.2%
-3296.2%
Q3 24
-141.9%
22.1%
Q2 24
-184.5%
15.2%
Q1 24
-254.5%
11.0%
Net Margin
FCEL
FCEL
FFIC
FFIC
Q4 25
-54.3%
6.8%
Q3 25
-196.1%
17.8%
Q2 25
-101.7%
22.4%
Q1 25
-149.1%
-16.9%
Q4 24
-84.0%
-2258.9%
Q3 24
-137.8%
17.2%
Q2 24
-143.4%
11.3%
Q1 24
-118.6%
8.1%
EPS (diluted)
FCEL
FCEL
FFIC
FFIC
Q4 25
$-0.43
$0.12
Q3 25
$-3.78
$0.30
Q2 25
$-1.79
$0.41
Q1 25
$-1.42
$-0.29
Q4 24
$-2.29
$-1.67
Q3 24
$-1.99
$0.30
Q2 24
$-2.18
$0.18
Q1 24
$-1.37
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FCEL
FCEL
FFIC
FFIC
Cash + ST InvestmentsLiquidity on hand
$278.1M
Total DebtLower is stronger
$103.8M
Stockholders' EquityBook value
$662.2M
$708.0M
Total Assets
$932.1M
$8.7B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCEL
FCEL
FFIC
FFIC
Q4 25
$278.1M
Q3 25
$174.7M
Q2 25
$177.0M
Q1 25
$208.4M
Q4 24
$257.3M
Q3 24
$267.2M
Q2 24
$260.1M
Q1 24
$297.5M
Total Debt
FCEL
FCEL
FFIC
FFIC
Q4 25
$103.8M
Q3 25
$106.4M
Q2 25
$109.4M
Q1 25
$112.3M
Q4 24
$115.7M
Q3 24
$112.7M
Q2 24
$116.2M
Q1 24
$107.2M
Stockholders' Equity
FCEL
FCEL
FFIC
FFIC
Q4 25
$662.2M
$708.0M
Q3 25
$556.2M
$711.2M
Q2 25
$609.2M
$706.4M
Q1 25
$635.2M
$702.9M
Q4 24
$656.9M
$724.5M
Q3 24
$675.8M
$666.9M
Q2 24
$639.8M
$665.3M
Q1 24
$663.9M
$669.8M
Total Assets
FCEL
FCEL
FFIC
FFIC
Q4 25
$932.1M
$8.7B
Q3 25
$830.5M
$8.9B
Q2 25
$883.8M
$8.8B
Q1 25
$907.5M
$9.0B
Q4 24
$944.1M
$9.0B
Q3 24
$948.9M
$9.3B
Q2 24
$916.8M
$9.1B
Q1 24
$923.2M
$8.8B
Debt / Equity
FCEL
FCEL
FFIC
FFIC
Q4 25
0.16×
Q3 25
0.19×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
Q3 24
0.17×
Q2 24
0.18×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FCEL
FCEL
FFIC
FFIC
Operating Cash FlowLast quarter
$-22.9M
$61.0M
Free Cash FlowOCF − Capex
$-23.9M
$55.8M
FCF MarginFCF / Revenue
-43.4%
94.9%
Capex IntensityCapex / Revenue
1.8%
8.9%
Cash ConversionOCF / Net Profit
15.16×
TTM Free Cash FlowTrailing 4 quarters
$-143.9M
$104.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCEL
FCEL
FFIC
FFIC
Q4 25
$-22.9M
$61.0M
Q3 25
$-26.8M
$19.6M
Q2 25
$-29.9M
$25.8M
Q1 25
$-45.7M
$6.9M
Q4 24
$5.8M
$12.4M
Q3 24
$-63.4M
$5.4M
Q2 24
$-37.1M
$9.6M
Q1 24
$-58.3M
$-6.2M
Free Cash Flow
FCEL
FCEL
FFIC
FFIC
Q4 25
$-23.9M
$55.8M
Q3 25
$-32.1M
$19.3M
Q2 25
$-35.2M
$24.4M
Q1 25
$-52.8M
$5.2M
Q4 24
$-4.7M
$10.1M
Q3 24
$-76.8M
$4.8M
Q2 24
$-50.3M
$8.8M
Q1 24
$-68.8M
$-6.5M
FCF Margin
FCEL
FCEL
FFIC
FFIC
Q4 25
-43.4%
94.9%
Q3 25
-68.6%
33.0%
Q2 25
-94.0%
38.5%
Q1 25
-277.8%
8.9%
Q4 24
-9.5%
463.4%
Q3 24
-324.0%
9.3%
Q2 24
-224.5%
18.7%
Q1 24
-412.4%
-14.3%
Capex Intensity
FCEL
FCEL
FFIC
FFIC
Q4 25
1.8%
8.9%
Q3 25
11.2%
0.4%
Q2 25
14.1%
2.1%
Q1 25
37.2%
2.9%
Q4 24
21.4%
106.0%
Q3 24
56.6%
1.1%
Q2 24
58.9%
1.7%
Q1 24
63.3%
0.6%
Cash Conversion
FCEL
FCEL
FFIC
FFIC
Q4 25
15.16×
Q3 25
1.87×
Q2 25
1.81×
Q1 25
Q4 24
Q3 24
0.61×
Q2 24
1.80×
Q1 24
-1.69×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FCEL
FCEL

Other$30.0M55%
Electricity Generation$12.2M22%
Services$7.3M13%
Advanced Technologies$5.5M10%

FFIC
FFIC

Segment breakdown not available.

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