Growth Metrics

Fuelcell Energy (FCEL) EBITDA Margin (2010 - 2026)

Fuelcell Energy recorded quarterly EBITDA Margin of 85.57% in Q1 2026, down 61.47% quarter-over-quarter from 52.99% in Q4 2025, and up 6476.0% year-over-year from 1.3% in Q1 2025.

Fuelcell Energy's EBITDA Margin history runs 17 years deep, the most recent figure standing at 85.57% for Q1 2026.

  • In Q1 2026, EBITDA Margin rose 6476.0% year-over-year to 85.57%; the TTM figure through Jan 2026 stood at 109.2% (up 906.0% YoY), while the FY2025 annual figure was 121.08%, up 1863.0% from the prior year.
  • EBITDA Margin came in at 85.57% for Q1 2026 at Fuelcell Energy, down from 52.99% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 52.99% in Q4 2025 to a low of 265.81% in Q1 2024.
  • A 5-year average of 124.74% and a median of 121.38% in 2022 frame the typical range for EBITDA Margin.
  • Across the five-year window, EBITDA Margin slumped 20524 bps in 2024 and surged 11548 bps in 2025, its largest moves.
  • Fuelcell Energy's EBITDA Margin stood at 121.38% in 2022, then fell by 8 bps to 131.38% in 2023, then jumped by 39 bps to 80.25% in 2024, then soared by 34 bps to 52.99% in 2025, then slumped by 61 bps to 85.57% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 85.57%, 52.99%, and 197.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 16.61%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 9.61%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 11.72%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 17.39%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn 13.37%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 19.41%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 11.13%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 12.52%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -66.96%
10 Fuelcell Energy 1.21 Bn 903.11 Mn -5.86 Mn -85.57%

Historic Data

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DateValue
Jan 31, 2026 -85.57%
Oct 31, 2025 -52.99%
Jul 31, 2025 -197.40%
Apr 30, 2025 -100.95%
Jan 31, 2025 -150.33%
Oct 31, 2024 -80.25%
Jul 31, 2024 -147.63%
Apr 30, 2024 -143.70%
Jan 31, 2024 -265.81%
Oct 31, 2023 -131.38%
Jul 31, 2023 -95.82%
Apr 30, 2023 -93.50%
Jan 31, 2023 -60.57%
Oct 31, 2022 -121.38%
Jul 31, 2022 -67.43%
Apr 30, 2022 -184.78%
Jan 31, 2022 -141.04%
Oct 31, 2021 -161.85%
Jul 31, 2021 -44.75%
Apr 30, 2021 -136.01%
Jan 31, 2021 -96.61%
Oct 31, 2020 -100.72%
Jul 31, 2020 -57.46%
Apr 30, 2020 -43.13%
Jan 31, 2020 -19.31%
Oct 31, 2019 -298.81%
Jul 31, 2019 -4.71%
Apr 30, 2019 -191.22%
Jan 31, 2019 -85.72%
Oct 31, 2018 -66.37%
Jul 31, 2018 -119.52%
Apr 30, 2018 -61.14%
Jan 31, 2018 -14.38%
Oct 31, 2017 -20.98%
Jul 31, 2017 -138.35%
Apr 30, 2017 -56.31%
Jan 31, 2017 -64.27%
Oct 31, 2016 -48.24%
Jul 31, 2016 -47.54%
Apr 30, 2016 -44.46%
Jan 31, 2016 -34.40%
Oct 31, 2015 -15.29%
Jul 31, 2015 -17.18%
Apr 30, 2015 -30.74%
Jan 31, 2015 -12.31%
Oct 31, 2014 -9.13%
Jul 31, 2014 -13.90%
Apr 30, 2014 -22.92%
Jan 31, 2014 -17.04%
Oct 31, 2013 -12.60%
Jul 31, 2013 -8.55%
Apr 30, 2013 -16.96%
Jan 31, 2013 -30.45%
Oct 31, 2012 -23.77%
Jul 31, 2012 -35.40%
Apr 30, 2012 -32.12%
Jan 31, 2012 -17.37%
Oct 31, 2011 -22.71%
Jul 31, 2011 -25.05%
Apr 30, 2011 -69.29%
Jan 31, 2011 -37.79%
Oct 31, 2010 -43.62%
Jul 31, 2010 -77.44%