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FUELCELL ENERGY INC（FCEL）与RECURSION PHARMACEUTICALS, INC.（RXRX）财务数据对比。点击上方公司名可切换其他公司
FUELCELL ENERGY INC的季度营收约是RECURSION PHARMACEUTICALS, INC.的1.5倍（$55.0M vs $35.5M），FUELCELL ENERGY INC净利率更高（-54.3% vs -304.2%，领先250.0%），RECURSION PHARMACEUTICALS, INC.同比增速更快（681.7% vs 11.5%），FUELCELL ENERGY INC自由现金流更多（$-23.9M vs $-47.3M），过去两年FUELCELL ENERGY INC的营收复合增速更高（81.6% vs 60.5%）
燃料电池能源公司是一家上市燃料电池企业，总部位于美国康涅狄格州丹伯里，公司主打基于熔融碳酸盐燃料电池技术的发电站业务，从事相关产品的设计、生产，同时还提供发电站运营及相关技术服务。
Recursion Pharmaceuticals是一家临床阶段生物技术企业，依托人工智能技术和高通量生物实验体系，开发针对罕见病、肿瘤、炎症性疾病等领域未满足医疗需求的创新疗法，核心市场覆盖北美，与全球多家生物制药企业合作推进在研管线落地。
FCEL vs RXRX — 直观对比
营收规模更大
FCEL
是对方的1.5倍
$35.5M
营收增速更快
RXRX
高出670.2%
11.5%
净利率更高
FCEL
高出250.0%
-304.2%
自由现金流更多
FCEL
多$23.4M
$-47.3M
两年增速更快
FCEL
近两年复合增速
60.5%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $55.0M | $35.5M |
| 净利润 | $-29.9M | $-108.1M |
| 毛利率 | -12.1% | 59.8% |
| 营业利润率 | -51.5% | -304.8% |
| 净利率 | -54.3% | -304.2% |
| 营收同比 | 11.5% | 681.7% |
| 净利润同比 | 27.9% | 39.6% |
| 每股收益（稀释后） | $-0.43 | $-0.17 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收FCELRXRX
| Q4 25 | $55.0M | $35.5M | ||
| Q3 25 | $46.7M | $5.2M | ||
| Q2 25 | $37.4M | $19.2M | ||
| Q1 25 | $19.0M | $14.7M | ||
| Q4 24 | $49.3M | $4.5M | ||
| Q3 24 | $23.7M | $26.1M | ||
| Q2 24 | $22.4M | $14.4M | ||
| Q1 24 | $16.7M | $13.8M |
净利润FCELRXRX
| Q4 25 | $-29.9M | $-108.1M | ||
| Q3 25 | $-91.7M | $-162.3M | ||
| Q2 25 | $-38.0M | $-171.9M | ||
| Q1 25 | $-28.3M | $-202.5M | ||
| Q4 24 | $-41.4M | $-178.9M | ||
| Q3 24 | $-32.7M | $-95.8M | ||
| Q2 24 | $-32.1M | $-97.5M | ||
| Q1 24 | $-19.8M | $-91.4M |
毛利率FCELRXRX
| Q4 25 | -12.1% | 59.8% | ||
| Q3 25 | -11.0% | -183.8% | ||
| Q2 25 | -25.2% | -4.9% | ||
| Q1 25 | -27.4% | -48.0% | ||
| Q4 24 | -22.1% | -181.4% | ||
| Q3 24 | -26.2% | 53.7% | ||
| Q2 24 | -31.6% | 36.2% | ||
| Q1 24 | -70.2% | 19.1% |
营业利润率FCELRXRX
| Q4 25 | -51.5% | -304.8% | ||
| Q3 25 | -204.0% | -3327.6% | ||
| Q2 25 | -95.7% | -916.8% | ||
| Q1 25 | -172.9% | -1297.9% | ||
| Q4 24 | -83.2% | -4042.4% | ||
| Q3 24 | -141.9% | -377.1% | ||
| Q2 24 | -184.5% | -697.4% | ||
| Q1 24 | -254.5% | -698.4% |
净利率FCELRXRX
| Q4 25 | -54.3% | -304.2% | ||
| Q3 25 | -196.1% | -3135.3% | ||
| Q2 25 | -101.7% | -894.2% | ||
| Q1 25 | -149.1% | -1373.3% | ||
| Q4 24 | -84.0% | -3935.5% | ||
| Q3 24 | -137.8% | -367.5% | ||
| Q2 24 | -143.4% | -676.6% | ||
| Q1 24 | -118.6% | -662.4% |
每股收益（稀释后）FCELRXRX
| Q4 25 | $-0.43 | $-0.17 | ||
| Q3 25 | $-3.78 | $-0.36 | ||
| Q2 25 | $-1.79 | $-0.41 | ||
| Q1 25 | $-1.42 | $-0.50 | ||
| Q4 24 | $-2.29 | $-0.56 | ||
| Q3 24 | $-1.99 | $-0.34 | ||
| Q2 24 | $-2.18 | $-0.40 | ||
| Q1 24 | $-1.37 | $-0.39 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $278.1M | $743.3M |
| 总债务越低越好 | $103.8M | $9.6M |
| 股东权益账面价值 | $662.2M | $1.1B |
| 总资产 | $932.1M | $1.5B |
| 负债/权益比越低杠杆越低 | 0.16× | 0.01× |
8季度趋势，按日历期对齐
现金及短期投资FCELRXRX
| Q4 25 | $278.1M | $743.3M | ||
| Q3 25 | $174.7M | $659.8M | ||
| Q2 25 | $177.0M | $525.1M | ||
| Q1 25 | $208.4M | $500.5M | ||
| Q4 24 | $257.3M | $594.4M | ||
| Q3 24 | $267.2M | $427.6M | ||
| Q2 24 | $260.1M | $474.3M | ||
| Q1 24 | $297.5M | $296.3M |
总债务FCELRXRX
| Q4 25 | $103.8M | $9.6M | ||
| Q3 25 | $106.4M | $11.9M | ||
| Q2 25 | $109.4M | $14.2M | ||
| Q1 25 | $112.3M | $16.4M | ||
| Q4 24 | $115.7M | $19.0M | ||
| Q3 24 | $112.7M | $20.5M | ||
| Q2 24 | $116.2M | $22.9M | ||
| Q1 24 | $107.2M | — |
股东权益FCELRXRX
| Q4 25 | $662.2M | $1.1B | ||
| Q3 25 | $556.2M | $1.0B | ||
| Q2 25 | $609.2M | $919.1M | ||
| Q1 25 | $635.2M | $933.9M | ||
| Q4 24 | $656.9M | $1.0B | ||
| Q3 24 | $675.8M | $524.6M | ||
| Q2 24 | $639.8M | $584.4M | ||
| Q1 24 | $663.9M | $401.2M |
总资产FCELRXRX
| Q4 25 | $932.1M | $1.5B | ||
| Q3 25 | $830.5M | $1.4B | ||
| Q2 25 | $883.8M | $1.3B | ||
| Q1 25 | $907.5M | $1.3B | ||
| Q4 24 | $944.1M | $1.4B | ||
| Q3 24 | $948.9M | $726.5M | ||
| Q2 24 | $916.8M | $775.9M | ||
| Q1 24 | $923.2M | $557.8M |
负债/权益比FCELRXRX
| Q4 25 | 0.16× | 0.01× | ||
| Q3 25 | 0.19× | 0.01× | ||
| Q2 25 | 0.18× | 0.02× | ||
| Q1 25 | 0.18× | 0.02× | ||
| Q4 24 | 0.18× | 0.02× | ||
| Q3 24 | 0.17× | 0.04× | ||
| Q2 24 | 0.18× | 0.04× | ||
| Q1 24 | 0.16× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-22.9M | $-46.1M |
| 自由现金流经营现金流 - 资本支出 | $-23.9M | $-47.3M |
| 自由现金流率自由现金流/营收 | -43.4% | -133.1% |
| 资本支出强度资本支出/营收 | 1.8% | 3.5% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-143.9M | $-378.3M |
8季度趋势，按日历期对齐
经营现金流FCELRXRX
| Q4 25 | $-22.9M | $-46.1M | ||
| Q3 25 | $-26.8M | $-117.4M | ||
| Q2 25 | $-29.9M | $-76.4M | ||
| Q1 25 | $-45.7M | $-132.0M | ||
| Q4 24 | $5.8M | $-115.4M | ||
| Q3 24 | $-63.4M | $-59.2M | ||
| Q2 24 | $-37.1M | $-82.2M | ||
| Q1 24 | $-58.3M | $-102.3M |
自由现金流FCELRXRX
| Q4 25 | $-23.9M | $-47.3M | ||
| Q3 25 | $-32.1M | $-117.6M | ||
| Q2 25 | $-35.2M | $-79.6M | ||
| Q1 25 | $-52.8M | $-133.8M | ||
| Q4 24 | $-4.7M | $-116.7M | ||
| Q3 24 | $-76.8M | $-63.8M | ||
| Q2 24 | $-50.3M | $-83.4M | ||
| Q1 24 | $-68.8M | $-109.0M |
自由现金流率FCELRXRX
| Q4 25 | -43.4% | -133.1% | ||
| Q3 25 | -68.6% | -2272.5% | ||
| Q2 25 | -94.0% | -413.9% | ||
| Q1 25 | -277.8% | -907.4% | ||
| Q4 24 | -9.5% | -2567.7% | ||
| Q3 24 | -324.0% | -244.6% | ||
| Q2 24 | -224.5% | -578.5% | ||
| Q1 24 | -412.4% | -789.9% |
资本支出强度FCELRXRX
| Q4 25 | 1.8% | 3.5% | ||
| Q3 25 | 11.2% | 4.7% | ||
| Q2 25 | 14.1% | 16.4% | ||
| Q1 25 | 37.2% | 12.4% | ||
| Q4 24 | 21.4% | 28.6% | ||
| Q3 24 | 56.6% | 17.5% | ||
| Q2 24 | 58.9% | 8.2% | ||
| Q1 24 | 63.3% | 48.2% |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
FCEL
| Other | $30.0M | 55% |
| Electricity Generation | $12.2M | 22% |
| Services | $7.3M | 13% |
| Advanced Technologies | $5.5M | 10% |
RXRX
暂无分部数据
