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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and Goosehead Insurance, Inc. (GSHD). Click either name above to swap in a different company.

Goosehead Insurance, Inc. is the larger business by last-quarter revenue ($93.1M vs $55.0M, roughly 1.7× FUELCELL ENERGY INC). Goosehead Insurance, Inc. runs the higher net margin — 8.6% vs -54.3%, a 62.9% gap on every dollar of revenue. On growth, Goosehead Insurance, Inc. posted the faster year-over-year revenue change (23.1% vs 11.5%). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 9.2%).

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.

Goosehead Insurance is a U.S.-based personal lines insurance agency that offers a wide range of coverage products including auto, home, renters, flood, and specialty insurance. It partners with hundreds of insurance carriers to provide clients with tailored, cost-effective coverage options, operating via corporate locations and a national franchise network for independent agents.

FCEL vs GSHD — Head-to-Head

Bigger by revenue
GSHD
GSHD
1.7× larger
GSHD
$93.1M
$55.0M
FCEL
Growing faster (revenue YoY)
GSHD
GSHD
+11.6% gap
GSHD
23.1%
11.5%
FCEL
Higher net margin
GSHD
GSHD
62.9% more per $
GSHD
8.6%
-54.3%
FCEL
Faster 2-yr revenue CAGR
FCEL
FCEL
Annualised
FCEL
81.6%
9.2%
GSHD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FCEL
FCEL
GSHD
GSHD
Revenue
$55.0M
$93.1M
Net Profit
$-29.9M
$8.0M
Gross Margin
-12.1%
Operating Margin
-51.5%
16.1%
Net Margin
-54.3%
8.6%
Revenue YoY
11.5%
23.1%
Net Profit YoY
27.9%
204.0%
EPS (diluted)
$-0.43
$0.19

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
GSHD
GSHD
Q1 26
$93.1M
Q4 25
$55.0M
$105.3M
Q3 25
$46.7M
$90.4M
Q2 25
$37.4M
$94.0M
Q1 25
$19.0M
$75.6M
Q4 24
$49.3M
$93.9M
Q3 24
$23.7M
$78.0M
Q2 24
$22.4M
$78.1M
Net Profit
FCEL
FCEL
GSHD
GSHD
Q1 26
$8.0M
Q4 25
$-29.9M
$12.4M
Q3 25
$-91.7M
$7.9M
Q2 25
$-38.0M
$5.2M
Q1 25
$-28.3M
$2.3M
Q4 24
$-41.4M
$14.9M
Q3 24
$-32.7M
$7.6M
Q2 24
$-32.1M
$6.2M
Gross Margin
FCEL
FCEL
GSHD
GSHD
Q1 26
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%
Operating Margin
FCEL
FCEL
GSHD
GSHD
Q1 26
16.1%
Q4 25
-51.5%
29.4%
Q3 25
-204.0%
23.5%
Q2 25
-95.7%
16.7%
Q1 25
-172.9%
8.8%
Q4 24
-83.2%
29.7%
Q3 24
-141.9%
21.1%
Q2 24
-184.5%
19.7%
Net Margin
FCEL
FCEL
GSHD
GSHD
Q1 26
8.6%
Q4 25
-54.3%
11.8%
Q3 25
-196.1%
8.7%
Q2 25
-101.7%
5.5%
Q1 25
-149.1%
3.1%
Q4 24
-84.0%
15.8%
Q3 24
-137.8%
9.7%
Q2 24
-143.4%
7.9%
EPS (diluted)
FCEL
FCEL
GSHD
GSHD
Q1 26
$0.19
Q4 25
$-0.43
$0.48
Q3 25
$-3.78
$0.29
Q2 25
$-1.79
$0.18
Q1 25
$-1.42
$0.09
Q4 24
$-2.29
$0.58
Q3 24
$-1.99
$0.29
Q2 24
$-2.18
$0.24

Balance Sheet & Financial Strength

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

Metric
FCEL
FCEL
GSHD
GSHD
Cash + ST InvestmentsLiquidity on hand
$278.1M
$25.7M
Total DebtLower is stronger
$103.8M
Stockholders' EquityBook value
$662.2M
$-121.3M
Total Assets
$932.1M
$392.8M
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCEL
FCEL
GSHD
GSHD
Q1 26
$25.7M
Q4 25
$278.1M
$34.4M
Q3 25
$174.7M
$51.6M
Q2 25
$177.0M
$92.4M
Q1 25
$208.4M
$70.2M
Q4 24
$257.3M
$54.3M
Q3 24
$267.2M
$47.5M
Q2 24
$260.1M
$23.6M
Total Debt
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
$103.8M
$289.5M
Q3 25
$106.4M
$290.0M
Q2 25
$109.4M
$289.8M
Q1 25
$112.3M
$290.3M
Q4 24
$115.7M
$82.3M
Q3 24
$112.7M
$84.6M
Q2 24
$116.2M
$87.0M
Stockholders' Equity
FCEL
FCEL
GSHD
GSHD
Q1 26
$-121.3M
Q4 25
$662.2M
$-95.5M
Q3 25
$556.2M
$-105.0M
Q2 25
$609.2M
$-78.6M
Q1 25
$635.2M
$-88.5M
Q4 24
$656.9M
$43.9M
Q3 24
$675.8M
$58.3M
Q2 24
$639.8M
$39.8M
Total Assets
FCEL
FCEL
GSHD
GSHD
Q1 26
$392.8M
Q4 25
$932.1M
$414.9M
Q3 25
$830.5M
$403.6M
Q2 25
$883.8M
$436.6M
Q1 25
$907.5M
$412.6M
Q4 24
$944.1M
$397.7M
Q3 24
$948.9M
$358.1M
Q2 24
$916.8M
$338.2M
Debt / Equity
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
0.16×
Q3 25
0.19×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
1.87×
Q3 24
0.17×
1.45×
Q2 24
0.18×
2.19×

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
GSHD
GSHD
Operating Cash FlowLast quarter
$-22.9M
Free Cash FlowOCF − Capex
$-23.9M
FCF MarginFCF / Revenue
-43.4%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-143.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
$-22.9M
$91.8M
Q3 25
$-26.8M
$24.2M
Q2 25
$-29.9M
$28.9M
Q1 25
$-45.7M
$15.5M
Q4 24
$5.8M
$71.5M
Q3 24
$-63.4M
$28.1M
Q2 24
$-37.1M
$18.9M
Free Cash Flow
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
$-23.9M
$86.1M
Q3 25
$-32.1M
$23.7M
Q2 25
$-35.2M
$27.2M
Q1 25
$-52.8M
$14.9M
Q4 24
$-4.7M
$70.6M
Q3 24
$-76.8M
$28.0M
Q2 24
$-50.3M
$18.6M
FCF Margin
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
-43.4%
81.8%
Q3 25
-68.6%
26.2%
Q2 25
-94.0%
28.9%
Q1 25
-277.8%
19.7%
Q4 24
-9.5%
75.1%
Q3 24
-324.0%
35.9%
Q2 24
-224.5%
23.9%
Capex Intensity
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
1.8%
5.4%
Q3 25
11.2%
0.5%
Q2 25
14.1%
1.8%
Q1 25
37.2%
0.8%
Q4 24
21.4%
1.0%
Q3 24
56.6%
0.1%
Q2 24
58.9%
0.3%
Cash Conversion
FCEL
FCEL
GSHD
GSHD
Q1 26
Q4 25
7.38×
Q3 25
3.06×
Q2 25
5.61×
Q1 25
6.61×
Q4 24
4.82×
Q3 24
3.72×
Q2 24
3.05×

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%

GSHD
GSHD

Renewal Royalty Fees (2)$43.6M47%
Renewal Commissions (1)$18.2M20%
Contingent Commissions (1)$10.7M11%
New Business Royalty Fees (2)$7.9M8%
New Business Commissions (1)$7.5M8%
Other$3.7M4%
Initial Franchise Fees (2)$1.6M2%

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