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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and Mama's Creations, Inc. (MAMA). Click either name above to swap in a different company.
FUELCELL ENERGY INC is the larger business by last-quarter revenue ($55.0M vs $47.3M, roughly 1.2× Mama's Creations, Inc.). Mama's Creations, Inc. runs the higher net margin — 1.1% vs -54.3%, a 55.4% gap on every dollar of revenue. On growth, Mama's Creations, Inc. posted the faster year-over-year revenue change (50.0% vs 11.5%). Mama's Creations, Inc. produced more free cash flow last quarter ($3.7M vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 33.0%).
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.
Mama's Creations, Inc. is a U.S.-based food manufacturing enterprise that produces a wide portfolio of refrigerated ready-to-eat and heat-and-serve food products, including Italian-style meatballs, sausages, pasta dishes, and other prepared meals. It mainly distributes its offerings to grocery retailers, mass merchandisers and foodservice partners across the United States, focusing on convenient, high-quality comfort food for daily consumer demand.
FCEL vs MAMA — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $55.0M | $47.3M |
| Net Profit | $-29.9M | $540.0K |
| Gross Margin | -12.1% | 23.6% |
| Operating Margin | -51.5% | 1.7% |
| Net Margin | -54.3% | 1.1% |
| Revenue YoY | 11.5% | 50.0% |
| Net Profit YoY | 27.9% | 31.7% |
| EPS (diluted) | $-0.43 | $0.01 |
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.
| Q4 25 | $55.0M | $47.3M | ||
| Q3 25 | $46.7M | $35.2M | ||
| Q2 25 | $37.4M | $35.3M | ||
| Q1 25 | $19.0M | $33.6M | ||
| Q4 24 | $49.3M | $31.5M | ||
| Q3 24 | $23.7M | $28.4M | ||
| Q2 24 | $22.4M | $29.8M | ||
| Q1 24 | $16.7M | $26.7M |
| Q4 25 | $-29.9M | $540.0K | ||
| Q3 25 | $-91.7M | $1.3M | ||
| Q2 25 | $-38.0M | $1.2M | ||
| Q1 25 | $-28.3M | $1.6M | ||
| Q4 24 | $-41.4M | $410.0K | ||
| Q3 24 | $-32.7M | $1.1M | ||
| Q2 24 | $-32.1M | $553.0K | ||
| Q1 24 | $-19.8M | $1.4M |
| Q4 25 | -12.1% | 23.6% | ||
| Q3 25 | -11.0% | 24.9% | ||
| Q2 25 | -25.2% | 26.1% | ||
| Q1 25 | -27.4% | 27.0% | ||
| Q4 24 | -22.1% | 22.6% | ||
| Q3 24 | -26.2% | 24.2% | ||
| Q2 24 | -31.6% | 25.0% | ||
| Q1 24 | -70.2% | 29.3% |
| Q4 25 | -51.5% | 1.7% | ||
| Q3 25 | -204.0% | 4.8% | ||
| Q2 25 | -95.7% | 4.5% | ||
| Q1 25 | -172.9% | 5.7% | ||
| Q4 24 | -83.2% | 1.8% | ||
| Q3 24 | -141.9% | 5.7% | ||
| Q2 24 | -184.5% | 2.6% | ||
| Q1 24 | -254.5% | 7.4% |
| Q4 25 | -54.3% | 1.1% | ||
| Q3 25 | -196.1% | 3.6% | ||
| Q2 25 | -101.7% | 3.5% | ||
| Q1 25 | -149.1% | 4.8% | ||
| Q4 24 | -84.0% | 1.3% | ||
| Q3 24 | -137.8% | 4.0% | ||
| Q2 24 | -143.4% | 1.9% | ||
| Q1 24 | -118.6% | 5.3% |
| Q4 25 | $-0.43 | $0.01 | ||
| Q3 25 | $-3.78 | $0.03 | ||
| Q2 25 | $-1.79 | $0.03 | ||
| Q1 25 | $-1.42 | $0.04 | ||
| Q4 24 | $-2.29 | $0.01 | ||
| Q3 24 | $-1.99 | $0.03 | ||
| Q2 24 | $-2.18 | $0.01 | ||
| Q1 24 | $-1.37 | $0.03 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $278.1M | $18.1M |
| Total DebtLower is stronger | $103.8M | — |
| Stockholders' EquityBook value | $662.2M | $49.6M |
| Total Assets | $932.1M | $84.0M |
| Debt / EquityLower = less leverage | 0.16× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.1M | $18.1M | ||
| Q3 25 | $174.7M | $9.4M | ||
| Q2 25 | $177.0M | $12.0M | ||
| Q1 25 | $208.4M | $7.2M | ||
| Q4 24 | $257.3M | $9.3M | ||
| Q3 24 | $267.2M | $7.4M | ||
| Q2 24 | $260.1M | $13.0M | ||
| Q1 24 | $297.5M | $11.0M |
| 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 | — |
| Q4 25 | $662.2M | $49.6M | ||
| Q3 25 | $556.2M | $29.6M | ||
| Q2 25 | $609.2M | $26.4M | ||
| Q1 25 | $635.2M | $24.9M | ||
| Q4 24 | $656.9M | $23.0M | ||
| Q3 24 | $675.8M | $22.3M | ||
| Q2 24 | $639.8M | $20.3M | ||
| Q1 24 | $663.9M | $19.6M |
| Q4 25 | $932.1M | $84.0M | ||
| Q3 25 | $830.5M | $51.2M | ||
| Q2 25 | $883.8M | $52.7M | ||
| Q1 25 | $907.5M | $47.1M | ||
| Q4 24 | $944.1M | $47.9M | ||
| Q3 24 | $948.9M | $43.0M | ||
| Q2 24 | $916.8M | $47.2M | ||
| Q1 24 | $923.2M | $45.1M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-22.9M | $3.9M |
| Free Cash FlowOCF − Capex | $-23.9M | $3.7M |
| FCF MarginFCF / Revenue | -43.4% | 7.8% |
| Capex IntensityCapex / Revenue | 1.8% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 7.16× |
| TTM Free Cash FlowTrailing 4 quarters | $-143.9M | $6.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.9M | $3.9M | ||
| Q3 25 | $-26.8M | $-1.7M | ||
| Q2 25 | $-29.9M | $6.0M | ||
| Q1 25 | $-45.7M | $-857.0K | ||
| Q4 24 | $5.8M | $4.8M | ||
| Q3 24 | $-63.4M | $-2.4M | ||
| Q2 24 | $-37.1M | $3.6M | ||
| Q1 24 | $-58.3M | $6.7M |
| Q4 25 | $-23.9M | $3.7M | ||
| Q3 25 | $-32.1M | $-2.2M | ||
| Q2 25 | $-35.2M | $5.5M | ||
| Q1 25 | $-52.8M | $-930.0K | ||
| Q4 24 | $-4.7M | $2.5M | ||
| Q3 24 | $-76.8M | $-4.0M | ||
| Q2 24 | $-50.3M | $2.5M | ||
| Q1 24 | $-68.8M | $6.6M |
| Q4 25 | -43.4% | 7.8% | ||
| Q3 25 | -68.6% | -6.2% | ||
| Q2 25 | -94.0% | 15.5% | ||
| Q1 25 | -277.8% | -2.8% | ||
| Q4 24 | -9.5% | 8.0% | ||
| Q3 24 | -324.0% | -14.1% | ||
| Q2 24 | -224.5% | 8.4% | ||
| Q1 24 | -412.4% | 24.8% |
| Q4 25 | 1.8% | 0.4% | ||
| Q3 25 | 11.2% | 1.5% | ||
| Q2 25 | 14.1% | 1.5% | ||
| Q1 25 | 37.2% | 0.2% | ||
| Q4 24 | 21.4% | 7.2% | ||
| Q3 24 | 56.6% | 5.6% | ||
| Q2 24 | 58.9% | 3.8% | ||
| Q1 24 | 63.3% | 0.4% |
| Q4 25 | — | 7.16× | ||
| Q3 25 | — | -1.31× | ||
| Q2 25 | — | 4.85× | ||
| Q1 25 | — | -0.54× | ||
| Q4 24 | — | 11.71× | ||
| Q3 24 | — | -2.10× | ||
| Q2 24 | — | 6.58× | ||
| Q1 24 | — | 4.79× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FCEL
| Other | $30.0M | 55% |
| Electricity Generation | $12.2M | 22% |
| Services | $7.3M | 13% |
| Advanced Technologies | $5.5M | 10% |
MAMA
Segment breakdown not available.
