On this page of Benford's Law Stocks.com we present our study of FUELCELL ENERGY INC — ticker symbol FCEL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 6/12/2020 to 3/11/2025 for FUELCELL ENERGY INC under CIK number 0000886128. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for FCEL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for FUELCELL ENERGY INC based on the past FCEL filings our system processed in the past.
31.7
22.4
10.5
8.6
6.1
7.7
3.8
5.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, FCEL stockholder letter ]
Total numbers found: 660
Recent share count: 21,143,772 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
660
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 7 numbers to move any given column by a full percentage point.
83

Starting from a possible score of 100, we made the following score deductions:
 • We deducted points upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted points upon observing the 2's percentage was above the company's typical historical range.
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 6's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 7's percentage was below the company's typical historical range.
 • The 8's percentage was higher than the 7's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
FCEL
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
ELEV
FAST
HBT
IOBT
ERII
FATE
FRPH
ICUI
Check our work! We provide our FUELCELL ENERGY INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the FCEL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 209 numbers that start with the digit 1. Here they are:
148,133
12,627
12,161
110,298
109,123
11,751
125,755
113,703
13,365
12,736
135,251
130,686
14,455
14,779
16,886
15,924
18,445
125,797
130,850
1,000,000,000
1,669,876
1,641,550
1,793
1,561
19,583
12,543
1,268
1,198
1,268
1,198
10,027
10,687
179
11,053
1,658
144,873
153,569
1,663
135,756
157,604
186,240
181,274
1,848
1,617
11,346
10,493
18,997
16,691
1,668
1,888
15,294
11,725
15,030
16,400
11,081
14,353
1,536
19,793
1.42
1.37
15,054,568
19,760
1,641,550
1,561
1,198
1,198
10,687
1,669,876
1,793
1,268
1,268
10,027
15,020,872
1,515,541
1,672
1,078
1,078
17,955
1,480
1,480
19,793
19,793
15,062,045
1,535,334
1,639
1,129
1,129
18,235
11
14,200
18,403
1,616
1,033
1,164
10,565
125,397
152
16
160,422
12,627
160,422
1,867
1,638
1,162
1,563
1,000,000,000
148.1
110.3
109.1
1
14.0
1
15.0
1
12.4
1
1.0
11.6
1.0
12.6
10.0
1.4
1.4
159.6
1.4
1.4
1.4
172.3
111.2
17
1.5
1,536
1,466
110,298
110,324
109,123
109,125
128,498
116,446
125,755
113,703
170
170
14.5
14.8
12,320
14,455
12,320
14,779
10,364
10,574
1.4
1.5
1,341
1,366
1,388
1,608
11,723
18,222
1
198.6
105,875
105,875
1,000.00
19,793
15,054,568
15,054,568
1.42
1.37
1.42
1.37
1,261
1,261
14,152
14,152
13,025
12,869
12,627
12,161
10,006
10,104
18,805
18,811
129,187
131,662
16,886
15,924
112,301
115,738
1.1
100
100
186,507
186,501
100
124,325
16,047
144
1,860
105
186,507
14.38
118,974
14.9
14.0
1.8
1.9
1.4
1.2
We found 148 numbers that start with the digit 2. Here they are:
21,143,772
2,743
2,743
236,693
242,131
22,585
23,553
202,439
216,658
21,143,772
20,375,932
2
2
2,306,879
2,300,031
2,388
2,891
204
2,138
2,109
287
204
20
2,142
240
2,391
20,894
24,201
28,416
27,647
2,607
2,338
2,388
24,606
28,326
29,126
20,593
20,501,663
232
24,606
28,558
20,375,932
2
2,300,031
2,142
2,142
2,142
232
232
232
28,326
28,326
21,143,772
2
2,306,879
2
2,199,704
2,876
2,876
2,876
25,122
25,122
236
236
24,606
2
2,200,905
2,142
2,876
2,700
244
2,509
2,000
230,375
2,595
25,122
236
20,564
232
208,883
299,576
297,466
2,148
2,398
23
20,375,932
250,000
204,922,876.65
2.8
20.7
2
23.8
28.3
2.5
2.5
2.0
2.5
250,000
21
2.3
2,235
2,562
2,305
2,235
26
2
2,743
2,743
236,523
241,961
236,693
242,131
236.5
242.0
2
2
21,912
21,912
2,515
2,515
2,305
2,235
23,553
2
2.0
2.0
250,000
28,326
29,126
20,593
20,501,663
20,501,663
2,910
2,908
25,496
24,721
2,614
2,689
200
20
20
200
2,047
2,109
2,806
20,623
2.8
2.3
We found 69 numbers that start with the digit 3. Here they are:
36,851
30,362
3,077
3,010
317,632
311,723
3,178
3,018
341
3,693
3,036
3,243
30,753
32,851
3,650
32,386
32,386
32,386
33
32,618
32,386
33
33
33
32,386
333
355
328
3,048
3,334
3,990
310
378,930
378,915
3,037
33
348,799
348,799
300,000,000
3
3
3.5
3.6
3
30
385.0
327
35,034
35,989
306,321
308,503
3
3,444
30,362
3
3
3.2
300.0
3
313,235
315,106
3,500
3,500
3.5
3
398
361
324,225
32.20
4's 5's 6's
We found 57 numbers that start with the digit 4. Here they are:
41,881
411,238
444,458
49,725
48,589
4,075
4,075
45,375
48,541
4,226
405
4,581
4,203
42,478
4,067
44,399
44,399
4,060
44,399
44,366
4,060
468
468
468
4,000
4,000
4,060
41,173
44,399
44,399
463
45,710
4,000
483
4,836
48,461
49,223
49,725
45,376
4,586
4.0
405,000,000
4
4.5
42
42
4.30
4.78
4.1
4,863
4,925
4
49,725
48,589
4,023
4,215
4.0
We found 40 numbers that start with the digit 5. Here they are:
5,192
59,857
59,857
5,731
5,204
5,892
5,892
5,892
51
51
51
51
51
546
5,387
59
58,267
5,892
5,957
5.9
5.0
5
5.0
58.8
5,187
5,230
5.9
5
59.9
574
5
5,664
5,825
5,323
5,437
5,302
5,420
5,801
5
516,561
We found 51 numbers that start with the digit 6. Here they are:
64020
64020
64,874
64,020
635,212
656,922
645,239
667,609
674
639
684
656,922
667,609
690,711
600
600
635,212
645,239
682,493
663,934
682,169
601
60
697
6,027
6,689
68
600
611,278,662
6.3
65.7
65.1
6.3
6.0
6.3
6.0
69,798
66,542
6.3
64,020
610
62.4
60.8
6,769
6,100
62,352
60,750
6,024
68,195
64.53
68.72
7's 8's 9's
We found 25 numbers that start with the digit 7. Here they are:
7,980
798
73,904
734
72
75,834
7,040
70
70
700,448
7,060
7,520
7,355
7
7.4
7.4
7.2
7,457
7,457
7,133
7,133
796
7
70,067
70.69
We found 34 numbers that start with the digit 8. Here they are:
8,122
807
8,691
8,894
800
800
8,335
82
82
82
800
800
800
800
800
800
8,599
86,893
800
800
8.3
80,457
8.9
8.2
8,733
8
800
800
887,696
889,531
8,000
8,000
887,696
82.5
We found 27 numbers that start with the digit 9. Here they are:
98,070
9,242
907,535
944,124
907,535
944,124
9,479
926
926
926
9,946
995
98,070
98.1
9.19
9.4
93,464
9,592
9,592
9,592
9,592
9,808
9.0
9,489
9.19
9
9.89
While the above FCEL 10Q Filed 3/11/2025 is interesting in isolation, we have found that it is also useful to take a look at older FUELCELL ENERGY INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 3/11/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical FCEL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.7
22.4
10.5
8.6
6.1
7.7
3.8
5.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 660

= Typical FCEL range from 6/12/2020 to 3/11/2025
24.8
16.7
15.0
11.6
9.3
7.6
5.3
5.4
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 827

= Typical FCEL range from 6/12/2020 to 3/11/2025
27.4
16.5
10.7
10.4
7.2
8.8
6.6
6.6
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,046

= Typical FCEL range from 6/12/2020 to 3/11/2025
30.4
15.8
11.9
9.3
8.7
7.1
5.9
6.1
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,288

= Typical FCEL range from 6/12/2020 to 3/11/2025
27.7
13.1
12.8
13.1
9.1
5.9
4.0
8.2
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 68
XBRL?   [ original filing ]
Total numbers found: 625

= Typical FCEL range from 6/12/2020 to 3/11/2025
27.6
16.8
11.5
10.2
8.2
7.2
5.2
7.1
6.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 776

= Typical FCEL range from 6/12/2020 to 3/11/2025
29.5
17.1
10.3
11.2
7.6
7.6
5.6
5.9
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 99
XBRL?   [ original filing ]
Total numbers found: 931

= Typical FCEL range from 6/12/2020 to 3/11/2025
37.6
15.2
9.4
7.0
7.6
8.2
4.6
4.6
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 1,226

= Typical FCEL range from 6/12/2020 to 3/11/2025
25.8
20.5
12.1
13.1
7.8
6.8
3.8
4.8
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 586

= Typical FCEL range from 6/12/2020 to 3/11/2025
24.4
15.9
12.8
9.8
8.4
8.9
8.5
5.6
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 71
XBRL?   [ original filing ]
Total numbers found: 874

= Typical FCEL range from 6/12/2020 to 3/11/2025
28.1
14.8
12.3
9.7
7.9
7.9
6.8
6.7
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 922

= Typical FCEL range from 6/12/2020 to 3/11/2025
29.9
15.7
12.9
8.2
8.5
7.1
5.9
6.1
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,289

= Typical FCEL range from 6/12/2020 to 3/11/2025
26.8
17.6
9.0
14.4
8.1
6.1
4.4
6.1
7.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 59
XBRL?   [ original filing ]
Total numbers found: 619

= Typical FCEL range from 6/12/2020 to 3/11/2025
31.1
15.8
11.8
9.3
8.4
8.0
4.4
5.0
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 854

= Typical FCEL range from 6/12/2020 to 3/11/2025
28.8
16.5
12.3
10.6
7.5
6.4
5.6
6.3
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 917

= Typical FCEL range from 6/12/2020 to 3/11/2025
32.8
14.3
10.8
10.0
8.7
7.9
4.9
5.1
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,206

= Typical FCEL range from 6/12/2020 to 3/11/2025
25.8
16.0
9.4
14.1
8.1
7.1
8.1
5.5
6.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 66
XBRL?   [ original filing ]
Total numbers found: 619

= Typical FCEL range from 6/12/2020 to 3/11/2025
26.9
16.0
12.1
8.8
7.9
8.7
6.0
7.1
6.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 819

= Typical FCEL range from 6/12/2020 to 3/11/2025
28.1
16.5
10.8
10.7
7.4
6.3
7.7
6.6
5.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 868

= Typical FCEL range from 6/12/2020 to 3/11/2025
28.7
17.6
13.0
8.8
7.2
7.9
4.5
5.9
6.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 1,362

= Typical FCEL range from 6/12/2020 to 3/11/2025
 

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