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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and Ponce Financial Group, Inc. (PDLB). Click either name above to swap in a different company.
FUELCELL ENERGY INC is the larger business by last-quarter revenue ($55.0M vs $31.4M, roughly 1.8× Ponce Financial Group, Inc.). Ponce Financial Group, Inc. runs the higher net margin — 36.3% vs -54.3%, a 90.6% gap on every dollar of revenue. On growth, Ponce Financial Group, Inc. posted the faster year-over-year revenue change (37.6% vs 11.5%). Ponce Financial Group, Inc. produced more free cash flow last quarter ($54.6M vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 23.7%).
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.
Ponce Financial Group, Inc. is a U.S.-based financial holding company operating Ponce Bank as its core subsidiary. It serves multicultural, immigrant and low-to-moderate income communities in the New York metro area, offering retail and commercial banking products including deposits, mortgages, small business financing and personal credit.
FCEL vs PDLB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.0M | $31.4M |
| Net Profit | $-29.9M | $10.1M |
| Gross Margin | -12.1% | — |
| Operating Margin | -51.5% | 43.6% |
| Net Margin | -54.3% | 36.3% |
| Revenue YoY | 11.5% | 37.6% |
| Net Profit YoY | 27.9% | 245.6% |
| EPS (diluted) | $-0.43 | $0.43 |
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 | $31.4M | ||
| Q3 25 | $46.7M | $26.7M | ||
| Q2 25 | $37.4M | $26.5M | ||
| Q1 25 | $19.0M | $24.6M | ||
| Q4 24 | $49.3M | $22.8M | ||
| Q3 24 | $23.7M | $20.2M | ||
| Q2 24 | $22.4M | $20.2M | ||
| Q1 24 | $16.7M | $20.5M |
| Q4 25 | $-29.9M | $10.1M | ||
| Q3 25 | $-91.7M | $6.5M | ||
| Q2 25 | $-38.0M | $6.1M | ||
| Q1 25 | $-28.3M | $6.0M | ||
| Q4 24 | $-41.4M | $2.9M | ||
| Q3 24 | $-32.7M | $2.4M | ||
| Q2 24 | $-32.1M | $3.2M | ||
| Q1 24 | $-19.8M | $2.4M |
| 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% | — |
| Q4 25 | -51.5% | 43.6% | ||
| Q3 25 | -204.0% | 32.8% | ||
| Q2 25 | -95.7% | 30.2% | ||
| Q1 25 | -172.9% | 32.5% | ||
| Q4 24 | -83.2% | 19.6% | ||
| Q3 24 | -141.9% | 15.2% | ||
| Q2 24 | -184.5% | 21.8% | ||
| Q1 24 | -254.5% | 18.3% |
| Q4 25 | -54.3% | 36.3% | ||
| Q3 25 | -196.1% | 24.3% | ||
| Q2 25 | -101.7% | 23.0% | ||
| Q1 25 | -149.1% | 24.2% | ||
| Q4 24 | -84.0% | 14.1% | ||
| Q3 24 | -137.8% | 12.1% | ||
| Q2 24 | -143.4% | 15.8% | ||
| Q1 24 | -118.6% | 11.8% |
| Q4 25 | $-0.43 | $0.43 | ||
| Q3 25 | $-3.78 | $0.27 | ||
| Q2 25 | $-1.79 | $0.25 | ||
| Q1 25 | $-1.42 | $0.25 | ||
| Q4 24 | $-2.29 | $0.11 | ||
| Q3 24 | $-1.99 | $0.10 | ||
| Q2 24 | $-2.18 | $0.14 | ||
| Q1 24 | $-1.37 | $0.11 |
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 | $126.2M |
| Total DebtLower is stronger | $103.8M | $596.1M |
| Stockholders' EquityBook value | $662.2M | $541.5M |
| Total Assets | $932.1M | $3.2B |
| Debt / EquityLower = less leverage | 0.16× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.1M | $126.2M | ||
| Q3 25 | $174.7M | $146.6M | ||
| Q2 25 | $177.0M | $126.6M | ||
| Q1 25 | $208.4M | $129.9M | ||
| Q4 24 | $257.3M | $139.8M | ||
| Q3 24 | $267.2M | $155.8M | ||
| Q2 24 | $260.1M | $103.2M | ||
| Q1 24 | $297.5M | $134.7M |
| Q4 25 | $103.8M | $596.1M | ||
| Q3 25 | $106.4M | $521.1M | ||
| Q2 25 | $109.4M | $536.1M | ||
| Q1 25 | $112.3M | $521.1M | ||
| Q4 24 | $115.7M | $596.1M | ||
| Q3 24 | $112.7M | $580.4M | ||
| Q2 24 | $116.2M | $680.4M | ||
| Q1 24 | $107.2M | $680.4M |
| Q4 25 | $662.2M | $541.5M | ||
| Q3 25 | $556.2M | $529.8M | ||
| Q2 25 | $609.2M | $521.1M | ||
| Q1 25 | $635.2M | $513.9M | ||
| Q4 24 | $656.9M | $505.5M | ||
| Q3 24 | $675.8M | $504.6M | ||
| Q2 24 | $639.8M | $497.7M | ||
| Q1 24 | $663.9M | $493.7M |
| Q4 25 | $932.1M | $3.2B | ||
| Q3 25 | $830.5M | $3.2B | ||
| Q2 25 | $883.8M | $3.2B | ||
| Q1 25 | $907.5M | $3.1B | ||
| Q4 24 | $944.1M | $3.0B | ||
| Q3 24 | $948.9M | $3.0B | ||
| Q2 24 | $916.8M | $2.8B | ||
| Q1 24 | $923.2M | $2.8B |
| Q4 25 | 0.16× | 1.10× | ||
| Q3 25 | 0.19× | 0.98× | ||
| Q2 25 | 0.18× | 1.03× | ||
| Q1 25 | 0.18× | 1.01× | ||
| Q4 24 | 0.18× | 1.18× | ||
| Q3 24 | 0.17× | 1.15× | ||
| Q2 24 | 0.18× | 1.37× | ||
| Q1 24 | 0.16× | 1.38× |
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 | $55.6M |
| Free Cash FlowOCF − Capex | $-23.9M | $54.6M |
| FCF MarginFCF / Revenue | -43.4% | 173.9% |
| Capex IntensityCapex / Revenue | 1.8% | 3.1% |
| Cash ConversionOCF / Net Profit | — | 5.48× |
| TTM Free Cash FlowTrailing 4 quarters | $-143.9M | $74.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.9M | $55.6M | ||
| Q3 25 | $-26.8M | $1.4M | ||
| Q2 25 | $-29.9M | $6.2M | ||
| Q1 25 | $-45.7M | $13.1M | ||
| Q4 24 | $5.8M | $7.2M | ||
| Q3 24 | $-63.4M | $-14.6M | ||
| Q2 24 | $-37.1M | $-2.6M | ||
| Q1 24 | $-58.3M | $1.5M |
| Q4 25 | $-23.9M | $54.6M | ||
| Q3 25 | $-32.1M | $786.0K | ||
| Q2 25 | $-35.2M | $5.9M | ||
| Q1 25 | $-52.8M | $12.9M | ||
| Q4 24 | $-4.7M | $4.5M | ||
| Q3 24 | $-76.8M | $-15.0M | ||
| Q2 24 | $-50.3M | $-2.6M | ||
| Q1 24 | $-68.8M | $-315.0K |
| Q4 25 | -43.4% | 173.9% | ||
| Q3 25 | -68.6% | 2.9% | ||
| Q2 25 | -94.0% | 22.4% | ||
| Q1 25 | -277.8% | 52.6% | ||
| Q4 24 | -9.5% | 19.7% | ||
| Q3 24 | -324.0% | -74.1% | ||
| Q2 24 | -224.5% | -13.0% | ||
| Q1 24 | -412.4% | -1.5% |
| Q4 25 | 1.8% | 3.1% | ||
| Q3 25 | 11.2% | 2.3% | ||
| Q2 25 | 14.1% | 1.0% | ||
| Q1 25 | 37.2% | 0.6% | ||
| Q4 24 | 21.4% | 11.9% | ||
| Q3 24 | 56.6% | 2.0% | ||
| Q2 24 | 58.9% | 0.3% | ||
| Q1 24 | 63.3% | 8.7% |
| Q4 25 | — | 5.48× | ||
| Q3 25 | — | 0.21× | ||
| Q2 25 | — | 1.01× | ||
| Q1 25 | — | 2.20× | ||
| Q4 24 | — | 2.46× | ||
| Q3 24 | — | -5.99× | ||
| Q2 24 | — | -0.80× | ||
| Q1 24 | — | 0.61× |
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% |
PDLB
Segment breakdown not available.
