Fuelcell Energy (FCEL) EBITDA (2010 - 2026)
Fuelcell Energy recorded quarterly EBITDA of -$26.1 million in Q1 2026, up 10.39% quarter-over-quarter from -$29.2 million in Q4 2025, and up 8.52% year-over-year from -$24.1 million in Q1 2025.
Fuelcell Energy's EBITDA history runs 17 years deep, the most recent figure standing at -$26.1 million for Q1 2026.
- In Q1 2026, EBITDA rose 8.52% year-over-year to -$26.1 million; the TTM figure through Jan 2026 stood at -$185.3 million (down 36.92% YoY), while the FY2025 annual figure was -$191.5 million, down 22.24% from the prior year.
- EBITDA came in at -$26.1 million for Q1 2026 at Fuelcell Energy, up from -$29.2 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of -$22.5 million in Q1 2023 to a low of -$92.3 million in Q3 2025.
- A 5-year average of -$37.0 million and a median of -$32.2 million in 2024 frame the typical range for EBITDA.
- Across the five-year window, EBITDA sank 212.0% in 2022 and surged 49.93% in 2023, its largest moves.
- Fuelcell Energy's EBITDA stood at -$47.6 million in 2022, then jumped by 37.98% to -$29.5 million in 2023, then tumbled by 34.14% to -$39.6 million in 2024, then advanced by 26.35% to -$29.2 million in 2025, then gained by 10.39% to -$26.1 million in 2026.
- According to Business Quant data, EBITDA over the past three periods registered -$26.1 million, -$29.2 million, and -$92.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 440.10 Mn |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 72.20 Mn |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 145.60 Mn |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 263.80 Mn |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | 68.30 Mn |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 57.58 Mn |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 117.50 Mn |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 123.70 Mn |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -109.49 Mn |
| 10 | Fuelcell Energy | 1.21 Bn | 903.11 Mn | -5.86 Mn | -26.13 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -26.13 Mn |
| Oct 31, 2025 | -29.16 Mn |
| Jul 31, 2025 | -92.27 Mn |
| Apr 30, 2025 | -37.76 Mn |
| Jan 31, 2025 | -28.56 Mn |
| Oct 31, 2024 | -39.59 Mn |
| Jul 31, 2024 | -34.98 Mn |
| Apr 30, 2024 | -32.22 Mn |
| Jan 31, 2024 | -44.37 Mn |
| Oct 31, 2023 | -29.51 Mn |
| Jul 31, 2023 | -24.44 Mn |
| Apr 30, 2023 | -35.86 Mn |
| Jan 31, 2023 | -22.46 Mn |
| Oct 31, 2022 | -47.58 Mn |
| Jul 31, 2022 | -29.06 Mn |
| Apr 30, 2022 | -30.28 Mn |
| Jan 31, 2022 | -44.84 Mn |
| Oct 31, 2021 | -22.55 Mn |
| Jul 31, 2021 | -12.00 Mn |
| Apr 30, 2021 | -18.98 Mn |
| Jan 31, 2021 | -14.37 Mn |
| Oct 31, 2020 | -17.12 Mn |
| Jul 31, 2020 | -10.76 Mn |
| Apr 30, 2020 | -8.14 Mn |
| Jan 31, 2020 | -3.14 Mn |
| Oct 31, 2019 | -32.99 Mn |
| Jul 31, 2019 | -1.07 Mn |
| Apr 30, 2019 | -17.62 Mn |
| Jan 31, 2019 | -15.24 Mn |
| Oct 31, 2018 | -11.87 Mn |
| Jul 31, 2018 | -14.47 Mn |
| Apr 30, 2018 | -12.74 Mn |
| Jan 31, 2018 | -5.55 Mn |
| Oct 31, 2017 | -8.18 Mn |
| Jul 31, 2017 | -14.33 Mn |
| Apr 30, 2017 | -11.50 Mn |
| Jan 31, 2017 | -10.93 Mn |
| Oct 31, 2016 | -11.81 Mn |
| Jul 31, 2016 | -10.32 Mn |
| Apr 30, 2016 | -12.71 Mn |
| Jan 31, 2016 | -11.52 Mn |
| Oct 31, 2015 | -7.87 Mn |
| Jul 31, 2015 | -7.10 Mn |
| Apr 30, 2015 | -8.79 Mn |
| Jan 31, 2015 | -5.13 Mn |
| Oct 31, 2014 | -4.97 Mn |
| Jul 31, 2014 | -6.00 Mn |
| Apr 30, 2014 | -8.77 Mn |
| Jan 31, 2014 | -7.57 Mn |
| Oct 31, 2013 | -6.95 Mn |
| Jul 31, 2013 | -4.59 Mn |
| Apr 30, 2013 | -7.20 Mn |
| Jan 31, 2013 | -11.07 Mn |
| Oct 31, 2012 | -8.42 Mn |
| Jul 31, 2012 | -10.51 Mn |
| Apr 30, 2012 | -7.76 Mn |
| Jan 31, 2012 | -5.44 Mn |
| Oct 31, 2011 | -7.88 Mn |
| Jul 31, 2011 | -7.36 Mn |
| Apr 30, 2011 | -19.82 Mn |
| Jan 31, 2011 | -10.61 Mn |
| Oct 31, 2010 | -12.10 Mn |
| Jul 31, 2010 | -12.56 Mn |