Growth Metrics

Fuelcell Energy (FCEL) EBITDA Margin (2016 - 2026)

Fuelcell Energy's EBITDA Margin history spans 17 years, with the latest figure at 85.57% for Q1 2026.

  • For Q1 2026, EBITDA Margin rose 8613.0% year-over-year to 85.57%; the TTM value through Jan 2026 reached 106.98%, up 1427.0%, while the annual FY2025 figure was 118.89%, 661.0% down from the prior year.
  • EBITDA Margin for Q1 2026 was 85.57% at Fuelcell Energy, down from 47.12% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 47.12% in Q4 2025 and bottomed at 196.89% in Q3 2025.
  • The 5-year median for EBITDA Margin is 118.39% (2024), against an average of 118.03%.
  • The largest annual shift saw EBITDA Margin plummeted -6071bps in 2022 before it soared 9183bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 121.38% in 2022, then crashed by -33bps to 161.94% in 2023, then soared by 48bps to 83.93% in 2024, then soared by 44bps to 47.12% in 2025, then crashed by -82bps to 85.57% in 2026.
  • Per Business Quant, the three most recent readings for FCEL's EBITDA Margin are 85.57% (Q1 2026), 47.12% (Q4 2025), and 196.89% (Q3 2025).