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

FUELCELL ENERGY INC is the larger business by last-quarter revenue ($55.0M vs $41.3M, roughly 1.3× Northfield Bancorp, Inc.). FUELCELL ENERGY INC runs the higher net margin — -54.3% vs -1545.5%, a 1491.2% gap on every dollar of revenue. On growth, Northfield Bancorp, Inc. posted the faster year-over-year revenue change (12.7% vs 11.5%). Northfield Bancorp, Inc. produced more free cash flow last quarter ($52.5M vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 15.0%).

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.

Northfield Bancorp, Inc. is a regional bank holding company based in the United States, operating primarily across the U.S. Northeast region. It provides a full range of personal and commercial banking services including deposit accounts, mortgage loans, commercial lending, and wealth management solutions for retail consumers, small to medium-sized businesses and local community clients.

FCEL vs NFBK — Head-to-Head

Bigger by revenue
FCEL
FCEL
1.3× larger
FCEL
$55.0M
$41.3M
NFBK
Growing faster (revenue YoY)
NFBK
NFBK
+1.1% gap
NFBK
12.7%
11.5%
FCEL
Higher net margin
FCEL
FCEL
1491.2% more per $
FCEL
-54.3%
-1545.5%
NFBK
More free cash flow
NFBK
NFBK
$76.4M more FCF
NFBK
$52.5M
$-23.9M
FCEL
Faster 2-yr revenue CAGR
FCEL
FCEL
Annualised
FCEL
81.6%
15.0%
NFBK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FCEL
FCEL
NFBK
NFBK
Revenue
$55.0M
$41.3M
Net Profit
$-29.9M
$-27.4M
Gross Margin
-12.1%
Operating Margin
-51.5%
-1263.3%
Net Margin
-54.3%
-1545.5%
Revenue YoY
11.5%
12.7%
Net Profit YoY
27.9%
-343.6%
EPS (diluted)
$-0.43
$-0.68

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
NFBK
NFBK
Q4 25
$55.0M
$41.3M
Q3 25
$46.7M
$39.2M
Q2 25
$37.4M
$38.9M
Q1 25
$19.0M
$34.8M
Q4 24
$49.3M
$36.7M
Q3 24
$23.7M
$31.8M
Q2 24
$22.4M
$31.5M
Q1 24
$16.7M
$31.3M
Net Profit
FCEL
FCEL
NFBK
NFBK
Q4 25
$-29.9M
$-27.4M
Q3 25
$-91.7M
$10.8M
Q2 25
$-38.0M
$9.6M
Q1 25
$-28.3M
$7.9M
Q4 24
$-41.4M
$11.3M
Q3 24
$-32.7M
$6.5M
Q2 24
$-32.1M
$6.0M
Q1 24
$-19.8M
$6.2M
Gross Margin
FCEL
FCEL
NFBK
NFBK
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
NFBK
NFBK
Q4 25
-51.5%
-1263.3%
Q3 25
-204.0%
37.7%
Q2 25
-95.7%
35.6%
Q1 25
-172.9%
31.0%
Q4 24
-83.2%
38.0%
Q3 24
-141.9%
27.9%
Q2 24
-184.5%
29.1%
Q1 24
-254.5%
27.2%
Net Margin
FCEL
FCEL
NFBK
NFBK
Q4 25
-54.3%
-1545.5%
Q3 25
-196.1%
27.4%
Q2 25
-101.7%
24.6%
Q1 25
-149.1%
22.6%
Q4 24
-84.0%
30.7%
Q3 24
-137.8%
20.5%
Q2 24
-143.4%
18.9%
Q1 24
-118.6%
19.9%
EPS (diluted)
FCEL
FCEL
NFBK
NFBK
Q4 25
$-0.43
$-0.68
Q3 25
$-3.78
$0.27
Q2 25
$-1.79
$0.24
Q1 25
$-1.42
$0.19
Q4 24
$-2.29
$0.27
Q3 24
$-1.99
$0.16
Q2 24
$-2.18
$0.14
Q1 24
$-1.37
$0.15

Balance Sheet & Financial Strength

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

Metric
FCEL
FCEL
NFBK
NFBK
Cash + ST InvestmentsLiquidity on hand
$278.1M
$164.0M
Total DebtLower is stronger
$103.8M
Stockholders' EquityBook value
$662.2M
$690.1M
Total Assets
$932.1M
$5.8B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCEL
FCEL
NFBK
NFBK
Q4 25
$278.1M
$164.0M
Q3 25
$174.7M
$131.7M
Q2 25
$177.0M
$97.6M
Q1 25
$208.4M
$101.7M
Q4 24
$257.3M
$167.7M
Q3 24
$267.2M
$232.9M
Q2 24
$260.1M
$153.5M
Q1 24
$297.5M
$238.8M
Total Debt
FCEL
FCEL
NFBK
NFBK
Q4 25
$103.8M
Q3 25
$106.4M
Q2 25
$109.4M
Q1 25
$112.3M
Q4 24
$115.7M
$666.4M
Q3 24
$112.7M
Q2 24
$116.2M
Q1 24
$107.2M
Stockholders' Equity
FCEL
FCEL
NFBK
NFBK
Q4 25
$662.2M
$690.1M
Q3 25
$556.2M
$719.6M
Q2 25
$609.2M
$710.3M
Q1 25
$635.2M
$711.1M
Q4 24
$656.9M
$704.7M
Q3 24
$675.8M
$699.6M
Q2 24
$639.8M
$693.0M
Q1 24
$663.9M
$698.4M
Total Assets
FCEL
FCEL
NFBK
NFBK
Q4 25
$932.1M
$5.8B
Q3 25
$830.5M
$5.7B
Q2 25
$883.8M
$5.7B
Q1 25
$907.5M
$5.7B
Q4 24
$944.1M
$5.7B
Q3 24
$948.9M
$5.7B
Q2 24
$916.8M
$5.7B
Q1 24
$923.2M
$5.9B
Debt / Equity
FCEL
FCEL
NFBK
NFBK
Q4 25
0.16×
Q3 25
0.19×
Q2 25
0.18×
Q1 25
0.18×
Q4 24
0.18×
0.95×
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
NFBK
NFBK
Operating Cash FlowLast quarter
$-22.9M
$53.7M
Free Cash FlowOCF − Capex
$-23.9M
$52.5M
FCF MarginFCF / Revenue
-43.4%
127.1%
Capex IntensityCapex / Revenue
1.8%
2.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-143.9M
$89.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FCEL
FCEL
NFBK
NFBK
Q4 25
$-22.9M
$53.7M
Q3 25
$-26.8M
$13.9M
Q2 25
$-29.9M
$14.1M
Q1 25
$-45.7M
$9.4M
Q4 24
$5.8M
$31.1M
Q3 24
$-63.4M
$14.0M
Q2 24
$-37.1M
$6.9M
Q1 24
$-58.3M
$4.2M
Free Cash Flow
FCEL
FCEL
NFBK
NFBK
Q4 25
$-23.9M
$52.5M
Q3 25
$-32.1M
$13.6M
Q2 25
$-35.2M
$13.9M
Q1 25
$-52.8M
$9.2M
Q4 24
$-4.7M
$30.0M
Q3 24
$-76.8M
$13.7M
Q2 24
$-50.3M
$6.7M
Q1 24
$-68.8M
$3.8M
FCF Margin
FCEL
FCEL
NFBK
NFBK
Q4 25
-43.4%
127.1%
Q3 25
-68.6%
34.6%
Q2 25
-94.0%
35.7%
Q1 25
-277.8%
26.3%
Q4 24
-9.5%
81.6%
Q3 24
-324.0%
43.2%
Q2 24
-224.5%
21.1%
Q1 24
-412.4%
12.1%
Capex Intensity
FCEL
FCEL
NFBK
NFBK
Q4 25
1.8%
2.8%
Q3 25
11.2%
0.8%
Q2 25
14.1%
0.6%
Q1 25
37.2%
0.7%
Q4 24
21.4%
3.1%
Q3 24
56.6%
0.7%
Q2 24
58.9%
0.8%
Q1 24
63.3%
1.4%
Cash Conversion
FCEL
FCEL
NFBK
NFBK
Q4 25
Q3 25
1.29×
Q2 25
1.48×
Q1 25
1.20×
Q4 24
2.76×
Q3 24
2.14×
Q2 24
1.16×
Q1 24
0.68×

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%

NFBK
NFBK

Segment breakdown not available.

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