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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and REGIS CORP (RGS). Click either name above to swap in a different company.
REGIS CORP is the larger business by last-quarter revenue ($57.1M vs $55.0M, roughly 1.0× FUELCELL ENERGY INC). REGIS CORP runs the higher net margin — 0.8% vs -54.3%, a 55.1% gap on every dollar of revenue. On growth, REGIS CORP posted the faster year-over-year revenue change (22.3% vs 11.5%). REGIS CORP produced more free cash flow last quarter ($891.0K vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 7.8%).
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.
REGIS CORPRGSEarnings & Financial Report
Regis Corporation is an American operator of hair salons. As of August 2021, it has 5,563 franchised and 276 company-owned salons. Its headquarters are in Minneapolis, Minnesota.
FCEL vs RGS — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | ||
|---|---|---|
| Revenue | $55.0M | $57.1M |
| Net Profit | $-29.9M | $456.0K |
| Gross Margin | -12.1% | — |
| Operating Margin | -51.5% | 10.8% |
| Net Margin | -54.3% | 0.8% |
| Revenue YoY | 11.5% | 22.3% |
| Net Profit YoY | 27.9% | -94.0% |
| EPS (diluted) | $-0.43 | $0.16 |
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 | $57.1M | ||
| Q3 25 | $46.7M | $59.0M | ||
| Q2 25 | $37.4M | $60.4M | ||
| Q1 25 | $19.0M | $57.0M | ||
| Q4 24 | $49.3M | $46.7M | ||
| Q3 24 | $23.7M | $46.1M | ||
| Q2 24 | $22.4M | $49.4M | ||
| Q1 24 | $16.7M | $49.2M |
| Q4 25 | $-29.9M | $456.0K | ||
| Q3 25 | $-91.7M | $1.4M | ||
| Q2 25 | $-38.0M | $116.5M | ||
| Q1 25 | $-28.3M | $250.0K | ||
| Q4 24 | $-41.4M | $7.6M | ||
| Q3 24 | $-32.7M | $-853.0K | ||
| Q2 24 | $-32.1M | $91.2M | ||
| Q1 24 | $-19.8M | $-2.3M |
| 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% | 10.8% | ||
| Q3 25 | -204.0% | 10.0% | ||
| Q2 25 | -95.7% | 12.1% | ||
| Q1 25 | -172.9% | 8.8% | ||
| Q4 24 | -83.2% | 11.8% | ||
| Q3 24 | -141.9% | 4.6% | ||
| Q2 24 | -184.5% | — | ||
| Q1 24 | -254.5% | 8.3% |
| Q4 25 | -54.3% | 0.8% | ||
| Q3 25 | -196.1% | 2.3% | ||
| Q2 25 | -101.7% | 192.9% | ||
| Q1 25 | -149.1% | 0.4% | ||
| Q4 24 | -84.0% | 16.4% | ||
| Q3 24 | -137.8% | -1.9% | ||
| Q2 24 | -143.4% | 184.7% | ||
| Q1 24 | -118.6% | -4.7% |
| Q4 25 | $-0.43 | $0.16 | ||
| Q3 25 | $-3.78 | $0.49 | ||
| Q2 25 | $-1.79 | $43.67 | ||
| Q1 25 | $-1.42 | $0.08 | ||
| Q4 24 | $-2.29 | $2.71 | ||
| Q3 24 | $-1.99 | $-0.36 | ||
| Q2 24 | $-2.18 | $38.40 | ||
| Q1 24 | $-1.37 | $-1.00 |
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 | $18.4M |
| Total DebtLower is stronger | $103.8M | $113.3M |
| Stockholders' EquityBook value | $662.2M | $188.7M |
| Total Assets | $932.1M | $588.3M |
| Debt / EquityLower = less leverage | 0.16× | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.1M | $18.4M | ||
| Q3 25 | $174.7M | $16.6M | ||
| Q2 25 | $177.0M | $17.0M | ||
| Q1 25 | $208.4M | $13.3M | ||
| Q4 24 | $257.3M | $10.2M | ||
| Q3 24 | $267.2M | $6.3M | ||
| Q2 24 | $260.1M | $10.1M | ||
| Q1 24 | $297.5M | $5.9M |
| Q4 25 | $103.8M | $113.3M | ||
| Q3 25 | $106.4M | $111.3M | ||
| Q2 25 | $109.4M | $110.8M | ||
| Q1 25 | $112.3M | $112.0M | ||
| Q4 24 | $115.7M | $111.5M | ||
| Q3 24 | $112.7M | $95.2M | ||
| Q2 24 | $116.2M | $99.5M | ||
| Q1 24 | $107.2M | $179.7M |
| Q4 25 | $662.2M | $188.7M | ||
| Q3 25 | $556.2M | $187.6M | ||
| Q2 25 | $609.2M | $185.6M | ||
| Q1 25 | $635.2M | $68.6M | ||
| Q4 24 | $656.9M | $66.7M | ||
| Q3 24 | $675.8M | $56.4M | ||
| Q2 24 | $639.8M | $56.8M | ||
| Q1 24 | $663.9M | $-35.8M |
| Q4 25 | $932.1M | $588.3M | ||
| Q3 25 | $830.5M | $592.1M | ||
| Q2 25 | $883.8M | $599.0M | ||
| Q1 25 | $907.5M | $511.2M | ||
| Q4 24 | $944.1M | $530.1M | ||
| Q3 24 | $948.9M | $508.9M | ||
| Q2 24 | $916.8M | $530.5M | ||
| Q1 24 | $923.2M | $543.7M |
| Q4 25 | 0.16× | 0.60× | ||
| Q3 25 | 0.19× | 0.59× | ||
| Q2 25 | 0.18× | 0.60× | ||
| Q1 25 | 0.18× | 1.63× | ||
| Q4 24 | 0.18× | 1.67× | ||
| Q3 24 | 0.17× | 1.69× | ||
| Q2 24 | 0.18× | 1.75× | ||
| 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 | $1.7M |
| Free Cash FlowOCF − Capex | $-23.9M | $891.0K |
| FCF MarginFCF / Revenue | -43.4% | 1.6% |
| Capex IntensityCapex / Revenue | 1.8% | 1.4% |
| Cash ConversionOCF / Net Profit | — | 3.65× |
| TTM Free Cash FlowTrailing 4 quarters | $-143.9M | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.9M | $1.7M | ||
| Q3 25 | $-26.8M | $2.3M | ||
| Q2 25 | $-29.9M | $6.8M | ||
| Q1 25 | $-45.7M | $6.2M | ||
| Q4 24 | $5.8M | $2.1M | ||
| Q3 24 | $-63.4M | $-1.3M | ||
| Q2 24 | $-37.1M | $5.1M | ||
| Q1 24 | $-58.3M | $-277.0K |
| Q4 25 | $-23.9M | $891.0K | ||
| Q3 25 | $-32.1M | $1.9M | ||
| Q2 25 | $-35.2M | $6.2M | ||
| Q1 25 | $-52.8M | $5.9M | ||
| Q4 24 | $-4.7M | $1.7M | ||
| Q3 24 | $-76.8M | $-1.4M | ||
| Q2 24 | $-50.3M | $5.1M | ||
| Q1 24 | $-68.8M | $-326.0K |
| Q4 25 | -43.4% | 1.6% | ||
| Q3 25 | -68.6% | 3.2% | ||
| Q2 25 | -94.0% | 10.3% | ||
| Q1 25 | -277.8% | 10.3% | ||
| Q4 24 | -9.5% | 3.6% | ||
| Q3 24 | -324.0% | -3.0% | ||
| Q2 24 | -224.5% | 10.3% | ||
| Q1 24 | -412.4% | -0.7% |
| Q4 25 | 1.8% | 1.4% | ||
| Q3 25 | 11.2% | 0.7% | ||
| Q2 25 | 14.1% | 0.9% | ||
| Q1 25 | 37.2% | 0.6% | ||
| Q4 24 | 21.4% | 0.9% | ||
| Q3 24 | 56.6% | 0.0% | ||
| Q2 24 | 58.9% | 0.0% | ||
| Q1 24 | 63.3% | 0.1% |
| Q4 25 | — | 3.65× | ||
| Q3 25 | — | 1.68× | ||
| Q2 25 | — | 0.06× | ||
| Q1 25 | — | 24.80× | ||
| Q4 24 | — | 0.28× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | 0.06× | ||
| Q1 24 | — | — |
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% |
RGS
| Franchise Segment | $37.9M | 66% |
| Royalty | $13.6M | 24% |
| Other | $2.8M | 5% |
| Fees | $1.8M | 3% |
| Franchise Fees | $1.0M | 2% |