Stocks Comparison
Fuelcell Energy vs Forgent Power Solutions: revenue, profit, margins and growth compared
Fuelcell Energy brought in $158.2M of revenue in fiscal 2025, Forgent Power Solutions $1.4B in fiscal 2026. Revenue changed by +41.0% at Fuelcell Energy and +88.5% at Forgent Power Solutions on the year before, so Forgent Power Solutions grew faster. Fuelcell Energy kept -118.8% of its revenue as net profit, Forgent Power Solutions 5.8%. Free cash flow was -$143.9M at Fuelcell Energy and -$6.8M at Forgent Power Solutions.
Side by side, latest fiscal year
| FCEL | FPS | |
|---|---|---|
| Fiscal year ended | FY2025 (October 31, 2025) | FY2026 (June 30, 2026) |
| Revenue | $158.2M | $1.4B |
| Revenue growth | +41.0% | +88.5% |
| Net income | -$187.9M | $81.8M |
| Net margin | -118.8% | 5.8% |
| Free cash flow | -$143.9M | -$6.8M |
| Free cash flow margin | -91.0% | -0.5% |
| Earnings per share (diluted) | -$7.42 | n/a |
| Cash | $278.1M | $97.5M |
| Debt | $119.6M | $582.2M |
| Price to earnings | n/a | n/a |
| Market value | $1.3B | $11.1B |
| Dividend yield | n/a | n/a |
| Rank by revenue in sector | #128 of 163 · Energy | #75 of 163 · Energy |
Over the years
Questions about Fuelcell Energy and Forgent Power Solutions
Which is bigger by revenue, Fuelcell Energy or Forgent Power Solutions?
Forgent Power Solutions is bigger by revenue: $1.4B in fiscal 2026, against $158.2M for Fuelcell Energy in fiscal 2025.
Which keeps more of its revenue as profit, Fuelcell Energy or Forgent Power Solutions?
Fuelcell Energy had a net margin of -118.8% in fiscal 2025; Forgent Power Solutions had 5.8% in fiscal 2026.
Which grew revenue faster, Fuelcell Energy or Forgent Power Solutions?
In their latest fiscal years revenue changed by +41.0% at Fuelcell Energy and +88.5% at Forgent Power Solutions.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.