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Side-by-side financial comparison of FUELCELL ENERGY INC (FCEL) and Neuronetics, Inc. (STIM). Click either name above to swap in a different company.
FUELCELL ENERGY INC is the larger business by last-quarter revenue ($55.0M vs $41.8M, roughly 1.3× Neuronetics, Inc.). Neuronetics, Inc. runs the higher net margin — -17.2% vs -54.3%, a 37.0% gap on every dollar of revenue. On growth, Neuronetics, Inc. posted the faster year-over-year revenue change (85.7% vs 11.5%). Neuronetics, Inc. produced more free cash flow last quarter ($692.0K vs $-23.9M). Over the past eight quarters, FUELCELL ENERGY INC's revenue compounded faster (81.6% CAGR vs 54.9%).
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.
Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology.
FCEL vs STIM — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $55.0M | $41.8M |
| Net Profit | $-29.9M | $-7.2M |
| Gross Margin | -12.1% | 52.0% |
| Operating Margin | -51.5% | -12.1% |
| Net Margin | -54.3% | -17.2% |
| Revenue YoY | 11.5% | 85.7% |
| Net Profit YoY | 27.9% | 43.2% |
| EPS (diluted) | $-0.43 | $-0.10 |
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 | $41.8M | ||
| Q3 25 | $46.7M | $37.3M | ||
| Q2 25 | $37.4M | $38.1M | ||
| Q1 25 | $19.0M | $32.0M | ||
| Q4 24 | $49.3M | $22.5M | ||
| Q3 24 | $23.7M | $18.5M | ||
| Q2 24 | $22.4M | $16.4M | ||
| Q1 24 | $16.7M | $17.4M |
| Q4 25 | $-29.9M | $-7.2M | ||
| Q3 25 | $-91.7M | $-9.0M | ||
| Q2 25 | $-38.0M | $-10.1M | ||
| Q1 25 | $-28.3M | $-12.7M | ||
| Q4 24 | $-41.4M | $-12.7M | ||
| Q3 24 | $-32.7M | $-13.3M | ||
| Q2 24 | $-32.1M | $-9.8M | ||
| Q1 24 | $-19.8M | $-7.9M |
| Q4 25 | -12.1% | 52.0% | ||
| Q3 25 | -11.0% | 45.9% | ||
| Q2 25 | -25.2% | 46.6% | ||
| Q1 25 | -27.4% | 49.2% | ||
| Q4 24 | -22.1% | 66.2% | ||
| Q3 24 | -26.2% | 75.6% | ||
| Q2 24 | -31.6% | 74.0% | ||
| Q1 24 | -70.2% | 75.1% |
| Q4 25 | -51.5% | -12.1% | ||
| Q3 25 | -204.0% | -19.6% | ||
| Q2 25 | -95.7% | -21.1% | ||
| Q1 25 | -172.9% | -34.4% | ||
| Q4 24 | -83.2% | -51.0% | ||
| Q3 24 | -141.9% | -41.7% | ||
| Q2 24 | -184.5% | -51.7% | ||
| Q1 24 | -254.5% | -39.4% |
| Q4 25 | -54.3% | -17.2% | ||
| Q3 25 | -196.1% | -24.3% | ||
| Q2 25 | -101.7% | -26.6% | ||
| Q1 25 | -149.1% | -39.6% | ||
| Q4 24 | -84.0% | -56.4% | ||
| Q3 24 | -137.8% | -72.0% | ||
| Q2 24 | -143.4% | -59.8% | ||
| Q1 24 | -118.6% | -45.2% |
| Q4 25 | $-0.43 | $-0.10 | ||
| Q3 25 | $-3.78 | $-0.13 | ||
| Q2 25 | $-1.79 | $-0.15 | ||
| Q1 25 | $-1.42 | $-0.21 | ||
| Q4 24 | $-2.29 | $-0.34 | ||
| Q3 24 | $-1.99 | $-0.44 | ||
| Q2 24 | $-2.18 | $-0.33 | ||
| Q1 24 | $-1.37 | $-0.27 |
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 | $28.1M |
| Total DebtLower is stronger | $103.8M | $65.8M |
| Stockholders' EquityBook value | $662.2M | $22.4M |
| Total Assets | $932.1M | $141.6M |
| Debt / EquityLower = less leverage | 0.16× | 2.94× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $278.1M | $28.1M | ||
| Q3 25 | $174.7M | $28.0M | ||
| Q2 25 | $177.0M | $11.0M | ||
| Q1 25 | $208.4M | $20.2M | ||
| Q4 24 | $257.3M | $18.5M | ||
| Q3 24 | $267.2M | $20.9M | ||
| Q2 24 | $260.1M | $42.6M | ||
| Q1 24 | $297.5M | $47.7M |
| Q4 25 | $103.8M | $65.8M | ||
| Q3 25 | $106.4M | $65.7M | ||
| Q2 25 | $109.4M | $55.5M | ||
| Q1 25 | $112.3M | $55.3M | ||
| Q4 24 | $115.7M | $55.2M | ||
| Q3 24 | $112.7M | $46.0M | ||
| Q2 24 | $116.2M | $59.8M | ||
| Q1 24 | $107.2M | $59.4M |
| Q4 25 | $662.2M | $22.4M | ||
| Q3 25 | $556.2M | $27.4M | ||
| Q2 25 | $609.2M | $27.1M | ||
| Q1 25 | $635.2M | $35.5M | ||
| Q4 24 | $656.9M | $27.7M | ||
| Q3 24 | $675.8M | $9.4M | ||
| Q2 24 | $639.8M | $19.4M | ||
| Q1 24 | $663.9M | $27.7M |
| Q4 25 | $932.1M | $141.6M | ||
| Q3 25 | $830.5M | $145.5M | ||
| Q2 25 | $883.8M | $134.7M | ||
| Q1 25 | $907.5M | $142.0M | ||
| Q4 24 | $944.1M | $140.9M | ||
| Q3 24 | $948.9M | — | ||
| Q2 24 | $916.8M | $96.8M | ||
| Q1 24 | $923.2M | $103.8M |
| Q4 25 | 0.16× | 2.94× | ||
| Q3 25 | 0.19× | 2.40× | ||
| Q2 25 | 0.18× | 2.05× | ||
| Q1 25 | 0.18× | 1.56× | ||
| Q4 24 | 0.18× | 1.99× | ||
| Q3 24 | 0.17× | 4.90× | ||
| Q2 24 | 0.18× | 3.08× | ||
| Q1 24 | 0.16× | 2.15× |
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 | $908.0K |
| Free Cash FlowOCF − Capex | $-23.9M | $692.0K |
| FCF MarginFCF / Revenue | -43.4% | 1.7% |
| Capex IntensityCapex / Revenue | 1.8% | 0.5% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $-143.9M | $-21.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-22.9M | $908.0K | ||
| Q3 25 | $-26.8M | $-785.0K | ||
| Q2 25 | $-29.9M | $-3.5M | ||
| Q1 25 | $-45.7M | $-17.0M | ||
| Q4 24 | $5.8M | $-8.6M | ||
| Q3 24 | $-63.4M | $-5.4M | ||
| Q2 24 | $-37.1M | $-5.0M | ||
| Q1 24 | $-58.3M | $-12.0M |
| Q4 25 | $-23.9M | $692.0K | ||
| Q3 25 | $-32.1M | $-899.0K | ||
| Q2 25 | $-35.2M | $-3.8M | ||
| Q1 25 | $-52.8M | $-17.2M | ||
| Q4 24 | $-4.7M | $-8.7M | ||
| Q3 24 | $-76.8M | $-5.8M | ||
| Q2 24 | $-50.3M | $-5.6M | ||
| Q1 24 | $-68.8M | $-12.4M |
| Q4 25 | -43.4% | 1.7% | ||
| Q3 25 | -68.6% | -2.4% | ||
| Q2 25 | -94.0% | -9.9% | ||
| Q1 25 | -277.8% | -53.8% | ||
| Q4 24 | -9.5% | -38.6% | ||
| Q3 24 | -324.0% | -31.3% | ||
| Q2 24 | -224.5% | -34.0% | ||
| Q1 24 | -412.4% | -71.1% |
| Q4 25 | 1.8% | 0.5% | ||
| Q3 25 | 11.2% | 0.3% | ||
| Q2 25 | 14.1% | 0.7% | ||
| Q1 25 | 37.2% | 0.7% | ||
| Q4 24 | 21.4% | 0.4% | ||
| Q3 24 | 56.6% | 2.1% | ||
| Q2 24 | 58.9% | 3.7% | ||
| Q1 24 | 63.3% | 2.2% |
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% |
STIM
Segment breakdown not available.
