FuelCell Energy, Inc. (FCEL) — Dilution Risk Analysis

Current Snapshot

FuelCell Energy, Inc. (FCEL) has a DilutionWatch score of 44/10 and is classified as MEDIUM risk. The score date in the source data is 2026-10-03T03:45:52.527348.

This page is assembled from sourced share-structure, market-data, SEC-filing, and DilutionWatch fields. Missing values are left blank rather than estimated.

Share Structure

Shares Outstanding
79,954,196 Source
Public Float
52,767,964 Source
Float as % of Outstanding
66.0%

Dilution Risk Score

Score: 44/10 Source (as of 2026-10-03T03:45:52.527348)

Recent SEC Filings

Recent filing forms in the source payload: FORM 4 1, XBRL 1, 4 8.

FormFiledAccession
Form 4 2026-09-14 0000897069-26-001780|0002140145|2026-09-14|P|16404
xbrl 2026-06-22 xbrl-4179-xbrl_warrant
4 2026-04-17 0000897069-26-000916
4 2026-04-17 0000897069-26-000918
4 2026-04-10 0000897069-26-000852
4 2026-04-10 0000897069-26-000858
4 2026-04-10 0000897069-26-000860
4 2026-04-10 0000897069-26-000862
4 2026-04-10 0000897069-26-000868
4 2026-04-10 0000897069-26-000871

Dilution Risk Drivers

DriverStored ValueSource
ATM offering capacity remaining $200,000,000 Source
Cash runway 45 months Source
Three-year share count growth 343.57% Source

DilutionWatch Analysis

Risk Level
MEDIUM (Score: 44/10) Source
Cash Runway
45 months Source
ATM Offering Capacity Remaining
$200,000,000 Source
Share Count Growth (3-Year)
343.57% Source

What This Page Does Not Estimate

DilutionWatch does not infer missing cash runway, authorized share count, ATM capacity, shelf capacity, or share-growth values on this page. A blank field means the current source payload did not provide a usable value with provenance.

Scores and classifications are shown only when supplied by the DilutionWatch data layer. SEC filing rows link to their source accession when a filing URL is available.