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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.

PROCEPT BioRobotics Corp is the larger business by last-quarter revenue ($83.1M vs $55.0M, roughly 1.5× FUELCELL ENERGY INC). PROCEPT BioRobotics Corp runs the higher net margin — -38.1% vs -54.3%, a 16.2% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 11.5%). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 24.8%).

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.

PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.

FCEL vs PRCT — Head-to-Head

Bigger by revenue
PRCT
PRCT
1.5× larger
PRCT
$83.1M
$55.0M
FCEL
Growing faster (revenue YoY)
PRCT
PRCT
+8.7% gap
PRCT
20.2%
11.5%
FCEL
Higher net margin
PRCT
PRCT
16.2% more per $
PRCT
-38.1%
-54.3%
FCEL
Faster 2-yr revenue CAGR
FCEL
FCEL
Annualised
FCEL
81.6%
24.8%
PRCT

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
FCEL
FCEL
PRCT
PRCT
Revenue
$55.0M
$83.1M
Net Profit
$-29.9M
$-31.6M
Gross Margin
-12.1%
64.9%
Operating Margin
-51.5%
-4.1%
Net Margin
-54.3%
-38.1%
Revenue YoY
11.5%
20.2%
Net Profit YoY
27.9%
-27.9%
EPS (diluted)
$-0.43
$-0.56

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
PRCT
PRCT
Q1 26
$83.1M
Q4 25
$55.0M
$76.4M
Q3 25
$46.7M
$83.3M
Q2 25
$37.4M
$79.2M
Q1 25
$19.0M
$69.2M
Q4 24
$49.3M
$68.2M
Q3 24
$23.7M
$58.4M
Q2 24
$22.4M
$53.4M
Net Profit
FCEL
FCEL
PRCT
PRCT
Q1 26
$-31.6M
Q4 25
$-29.9M
$-29.8M
Q3 25
$-91.7M
$-21.4M
Q2 25
$-38.0M
$-19.6M
Q1 25
$-28.3M
$-24.7M
Q4 24
$-41.4M
$-18.9M
Q3 24
$-32.7M
$-21.0M
Q2 24
$-32.1M
$-25.6M
Gross Margin
FCEL
FCEL
PRCT
PRCT
Q1 26
64.9%
Q4 25
-12.1%
60.6%
Q3 25
-11.0%
64.8%
Q2 25
-25.2%
65.4%
Q1 25
-27.4%
63.9%
Q4 24
-22.1%
64.0%
Q3 24
-26.2%
63.2%
Q2 24
-31.6%
59.0%
Operating Margin
FCEL
FCEL
PRCT
PRCT
Q1 26
-4.1%
Q4 25
-51.5%
-40.6%
Q3 25
-204.0%
-27.8%
Q2 25
-95.7%
-28.0%
Q1 25
-172.9%
-39.7%
Q4 24
-83.2%
-28.9%
Q3 24
-141.9%
-38.4%
Q2 24
-184.5%
-50.3%
Net Margin
FCEL
FCEL
PRCT
PRCT
Q1 26
-38.1%
Q4 25
-54.3%
-39.1%
Q3 25
-196.1%
-25.7%
Q2 25
-101.7%
-24.7%
Q1 25
-149.1%
-35.8%
Q4 24
-84.0%
-27.6%
Q3 24
-137.8%
-35.9%
Q2 24
-143.4%
-48.0%
EPS (diluted)
FCEL
FCEL
PRCT
PRCT
Q1 26
$-0.56
Q4 25
$-0.43
$-0.54
Q3 25
$-3.78
$-0.38
Q2 25
$-1.79
$-0.35
Q1 25
$-1.42
$-0.45
Q4 24
$-2.29
$-0.34
Q3 24
$-1.99
$-0.40
Q2 24
$-2.18
$-0.50

Balance Sheet & Financial Strength

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

Metric
FCEL
FCEL
PRCT
PRCT
Cash + ST InvestmentsLiquidity on hand
$278.1M
$245.6M
Total DebtLower is stronger
$103.8M
$51.7M
Stockholders' EquityBook value
$662.2M
$347.7M
Total Assets
$932.1M
$487.1M
Debt / EquityLower = less leverage
0.16×
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FCEL
FCEL
PRCT
PRCT
Q1 26
$245.6M
Q4 25
$278.1M
$286.5M
Q3 25
$174.7M
$294.3M
Q2 25
$177.0M
$302.7M
Q1 25
$208.4M
$316.2M
Q4 24
$257.3M
$333.7M
Q3 24
$267.2M
$196.8M
Q2 24
$260.1M
$214.1M
Total Debt
FCEL
FCEL
PRCT
PRCT
Q1 26
$51.7M
Q4 25
$103.8M
$51.6M
Q3 25
$106.4M
$51.6M
Q2 25
$109.4M
$51.5M
Q1 25
$112.3M
$51.5M
Q4 24
$115.7M
$51.5M
Q3 24
$112.7M
$51.4M
Q2 24
$116.2M
$51.4M
Stockholders' Equity
FCEL
FCEL
PRCT
PRCT
Q1 26
$347.7M
Q4 25
$662.2M
$365.9M
Q3 25
$556.2M
$380.3M
Q2 25
$609.2M
$385.8M
Q1 25
$635.2M
$389.2M
Q4 24
$656.9M
$402.2M
Q3 24
$675.8M
$241.2M
Q2 24
$639.8M
$251.8M
Total Assets
FCEL
FCEL
PRCT
PRCT
Q1 26
$487.1M
Q4 25
$932.1M
$508.1M
Q3 25
$830.5M
$511.5M
Q2 25
$883.8M
$513.1M
Q1 25
$907.5M
$519.4M
Q4 24
$944.1M
$534.0M
Q3 24
$948.9M
$374.1M
Q2 24
$916.8M
$374.4M
Debt / Equity
FCEL
FCEL
PRCT
PRCT
Q1 26
0.15×
Q4 25
0.16×
0.14×
Q3 25
0.19×
0.14×
Q2 25
0.18×
0.13×
Q1 25
0.18×
0.13×
Q4 24
0.18×
0.13×
Q3 24
0.17×
0.21×
Q2 24
0.18×
0.20×

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
PRCT
PRCT
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
PRCT
PRCT
Q1 26
Q4 25
$-22.9M
$-10.3M
Q3 25
$-26.8M
$-6.6M
Q2 25
$-29.9M
$-15.0M
Q1 25
$-45.7M
$-17.0M
Q4 24
$5.8M
$-32.4M
Q3 24
$-63.4M
$-18.8M
Q2 24
$-37.1M
$-15.7M
Free Cash Flow
FCEL
FCEL
PRCT
PRCT
Q1 26
Q4 25
$-23.9M
$-12.2M
Q3 25
$-32.1M
$-9.5M
Q2 25
$-35.2M
$-17.8M
Q1 25
$-52.8M
$-18.8M
Q4 24
$-4.7M
$-33.6M
Q3 24
$-76.8M
$-19.0M
Q2 24
$-50.3M
$-16.8M
FCF Margin
FCEL
FCEL
PRCT
PRCT
Q1 26
Q4 25
-43.4%
-15.9%
Q3 25
-68.6%
-11.4%
Q2 25
-94.0%
-22.5%
Q1 25
-277.8%
-27.2%
Q4 24
-9.5%
-49.2%
Q3 24
-324.0%
-32.6%
Q2 24
-224.5%
-31.4%
Capex Intensity
FCEL
FCEL
PRCT
PRCT
Q1 26
Q4 25
1.8%
2.4%
Q3 25
11.2%
3.4%
Q2 25
14.1%
3.5%
Q1 25
37.2%
2.7%
Q4 24
21.4%
1.7%
Q3 24
56.6%
0.4%
Q2 24
58.9%
2.0%

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%

PRCT
PRCT

Handpieces and other consumables$43.0M52%
System sales and rentals$23.4M28%
Other$11.1M13%
Service$5.6M7%

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