Fuelcell Energy (FCEL) EBITDA Margin (2010 - 2026)
Fuelcell Energy's (FCEL) quarterly EBITDA Margin came in at 219.02% in Q2 2026, down 11807.0% YoY from N/an in Q2 2025, and down 155.96% on a QoQ basis from 85.57% in Q1 2026.
Fuelcell Energy (FCEL) EBITDA Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy's EBITDA Margin history runs 17 years deep, the most recent figure standing at 219.02% for Q2 2026.
- On a quarterly basis, EBITDA Margin fell 11807.0% year-over-year to 219.02% in Q2 2026; TTM through Apr 2026 was 132.25%, a 4717.0% decrease from a year earlier, with the FY2025 full-year figure at 118.89%, down 661.0% from the prior year.
- EBITDA Margin was 219.02% for Q2 2026 at Fuelcell Energy, down from 85.57% in the prior quarter.
- Over the last five years, EBITDA Margin for FCEL reached as high as 17.87% in Q4 2024 and fell as low as 219.02% in Q2 2026.
- A 5-year average of 117.34% and a median of 113.55% in 2022 frame the typical range for EBITDA Margin.
- The widest annual swing landed in 2024, when EBITDA Margin soared 11754 bps; it then plunged 11807 bps in 2026.
- Tracing FCEL's EBITDA Margin over 5 years: stood at 108.71% in 2022, then declined by 25 bps to 135.41% in 2023, then soared by 87 bps to 17.87% in 2024, then sank by 161 bps to 46.68% in 2025, then sank by 369 bps to 219.02% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 219.02%, 85.57%, and 46.68% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 16.61% |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 9.61% |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 11.72% |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 17.39% |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 13.37% |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 19.41% |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | 34.48% |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 11.13% |
| 10 | Fuelcell Energy | 1.02 Bn | 1.02 Bn | -12.93 Mn | -219.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -219.02% |
| Jan 31, 2026 | -85.57% |
| Oct 31, 2025 | -46.68% |
| Jul 31, 2025 | -197.40% |
| Apr 30, 2025 | -100.95% |
| Jan 31, 2025 | -150.33% |
| Oct 31, 2024 | -17.87% |
| Jul 31, 2024 | -147.63% |
| Apr 30, 2024 | -143.70% |
| Jan 31, 2024 | -118.39% |
| Oct 31, 2023 | -135.41% |
| Jul 31, 2023 | -93.16% |
| Apr 30, 2023 | -93.50% |
| Jan 31, 2023 | -60.57% |
| Oct 31, 2022 | -108.71% |
| 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% |