Doosan Fuel Cell
Daily close in US$ at the latest USD/KRW close. Source: KRX via FinanceDataReader.
Doosan Fuel Cell makes fuel-cell power systems, equipment that converts hydrogen into electricity and heat, for use in stationary power plants.
Its customers are public and private power generators in South Korea. Listed on KOSPI, Korea's main stock exchange, the company earns the large majority of its revenue from supplying core fuel-cell equipment, with the remainder coming from long-term maintenance services on installed plants.
Summary is AI-generated and may contain errors · figures from DART filings
The company was created by spinning off the fuel-cell business of Doosan, and Korea's government-mandated clean-hydrogen power quota system shapes the domestic market it operates in.
Doosan Fuel Cell in five facts
What does Doosan Fuel Cell do?
Doosan Fuel Cell makes fuel-cell power systems, equipment that converts hydrogen into electricity and heat, for use in stationary power plants.
Where is Doosan Fuel Cell listed and in which sector?
Doosan Fuel Cell (Korean name: 두산퓨얼셀) trades under KRX code 336260 on KOSPI, the main board of the Korea Exchange. It is classified in the Industrials sector, Electrical Equipment.
How large is Doosan Fuel Cell?
Its market capitalisation was US$1.7B on 2026-10-21, which puts it in this site's large-cap group. US$ amounts are converted from won at 1 USD ≈ ₩1,325 (2026-10-21).
What were Doosan Fuel Cell's latest annual revenue and operating profit?
For fiscal year 2025, Doosan Fuel Cell reported revenue of US$343.3M, an operating loss of US$79.8M and a net loss of US$100.2M, per its annual report on DART (data retrieved from DART on 2026-06-03). Revenue was up 10.4% on the previous year.
Where does this data come from?
Financial statements and filings come from DART, Korea's official corporate-filing system. Share prices, market capitalisation and trading status come from KRX. Company summaries are AI-generated from the filings and may contain errors; financial figures are mapped directly from DART.
Data sources and last updated
- Filings and financial statements
- DART (dart.fss.or.kr), Korea's official corporate-filing system
- Prices, market cap, trading status
- KRX (Korea Exchange), via FinanceDataReader
- Latest annual financials
- Fiscal year 2025, data retrieved from DART on 2026-06-03
- Share price and market cap
- Close of 2026-10-21
- Currency
- US$, converted from won at 1 USD ≈ ₩1,325 (2026-10-21 close)
- Company data updated
- 2026-10-21
- Company summary
- AI-generated from filings; may contain errors. Information only, not investment advice.
- Investor relations (IR) meeting (notice)Oct 21
- Earnings release schedule notice (notice)Oct 21
- Material event reportOct 13
- Material event reportOct 13
- Material event report (bonds with warrants)
Doosan Fuel Cell disclosed bonds with warrants to raise US$75M, about 3.8% of its market value.
Capital raise · Oct 13 - Material event report (convertible bonds)
Doosan Fuel Cell disclosed convertible bonds to raise US$225M, about 11.4% of its market value.
Capital raise · Oct 13 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with HyAxiom, Inc., worth US$236M, about 70.84% of its recent annual revenue, running through Oct 2028.
Supply contract · Sep 15 - [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Samchully ES Co., Ltd., now worth US$19.3M, about 6.31% of its recent annual revenue, running through Oct 2026.
Supply contract · Sep 14 - Investor relations (IR) meeting (notice)Sep 8
- Investor relations (IR) meeting (notice)Sep 4
- [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Ulsan Energy Route No. 2 Co., Ltd., now worth US$26M, about 8.57% of its recent annual revenue, running through Oct 2046.
Supply contract · Sep 4 - [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Ulsan Energy Route No. 2 Co., Ltd., now worth US$33.2M, about 10.93% of its recent annual revenue, running through Mar 2046.
Supply contract · Sep 4 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with HyAxiom, Inc., worth US$369M, about 110.25% of its recent annual revenue, running through Apr 2028.
Supply contract · Sep 2 - [quarterly, individual company] Large business group status disclosureAug 31
- Supply contract signed
Doosan Fuel Cell disclosed a supply contract with YH Power 2 Co., Ltd., worth US$19.4M, about 6.05% of its recent annual revenue, running through Mar 2048.
Supply contract · Aug 12 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with YH Power 2 Co., Ltd., worth US$20.9M, about 6.51% of its recent annual revenue, running through Mar 2028.
Supply contract · Aug 12 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with YH Power 1 Co., Ltd., worth US$20.3M, about 6.33% of its recent annual revenue, running through Mar 2048.
Supply contract · Aug 12 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with YH Power 1 Co., Ltd., worth US$21.9M, about 6.82% of its recent annual revenue, running through Mar 2028.
Supply contract · Aug 12 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Reverion GmbH, worth US$76.5M, about 23.9% of its recent annual revenue, running through Dec 2027.
Supply contract · Aug 5 - Operating results (consolidated) (preliminary) (fair disclosure)
Doosan Fuel Cell filed provisional (unaudited) consolidated results for Q2 2026: revenue of US$30M (−65.5% year on year), an operating loss of US$34.5M and a net loss of US$37.7M.
Earnings · Jul 24 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with With Incheon Energy Co., Ltd., worth US$15.6M, about 5.32% of its recent annual revenue, running through Feb 2046.
Supply contract · Jul 1 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Korea Hydro & Nuclear Power, worth US$18.5M, about 6.29% of its recent annual revenue, running through May 2046.
Supply contract · Jun 30 - [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Samchully ES Co., Ltd., now worth US$35.2M, about 20.28% of its recent annual revenue, running through Jun 2026.
Supply contract · May 21 - Treasury share disposal: results reportTreasury Shares · May 12
- Operating results (consolidated) (preliminary) (fair disclosure)
Doosan Fuel Cell filed provisional (unaudited) consolidated results for Q1 2026: revenue of US$97.4M (+45.2% year on year), an operating loss of US$868K and a net loss of US$8.87M.
Earnings · Apr 29 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Ansan Green Power Co., Ltd., worth US$33M, about 10.8% of its recent annual revenue, running through May 2047.
Supply contract · Apr 29 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Ansan Green Power Co., Ltd., worth US$40.9M, about 13.37% of its recent annual revenue, running through Jul 2027.
Supply contract · Apr 29 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Myeongji No. 2 Energy Co., Ltd., worth US$17.5M, about 6.41% of its recent annual revenue, running through Feb 2047.
Supply contract · Mar 19 - Supply contract signed
Doosan Fuel Cell disclosed a supply contract with Korea Engineering Consultants, worth US$20.2M, about 7.38% of its recent annual revenue, running through Feb 2027.
Supply contract · Mar 19 - [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Korea Hydro & Nuclear Power, now worth US$20.6M, about 11.38% of its recent annual revenue, running through May 2026.
Supply contract · Feb 23 - Change of 30% or more in revenue or profit/loss structure (15% for large companies)
Doosan Fuel Cell reported consolidated results for FY2025: revenue of US$313M (+10.4% year on year), an operating loss of US$72.6M and a net loss of US$91.3M.
Earnings · Feb 11 - Material event report (treasury share disposal)
Doosan Fuel Cell disclosed a plan to sell treasury shares worth US$13.2K, about 0.0% of its market value.
Treasury Shares · Feb 11 - [Amended] Supply contract signed
Doosan Fuel Cell updated a previously disclosed supply contract with Korea Engineering Consultants, now worth US$16.9M, about 9.47% of its recent annual revenue, running through Feb 2026.
Supply contract · Feb 9 - [Amended] Supply contract signedSupply contract · Jan 30
- [Amended] Supply contract signedSupply contract · Jan 30
- [Amended] Supply contract signedSupply contract · Jan 30
- [Amended] Supply contract signedSupply contract · Jan 16
