Fuelcell Energy (FCEL) EBT (2010 - 2026)
Fuelcell Energy's (FCEL) quarterly EBT came in at -$77.7 million in Q2 2026, down 106.24% YoY from $1.2 billion in Q2 2025, and down 198.18% on a QoQ basis from -$26.1 million in Q1 2026.
Fuelcell Energy (FCEL) EBT (2010 - 2026) Analysis & Trends
Fuelcell Energy's EBT history runs 17 years deep, the most recent figure standing at -$77.7 million for Q2 2026.
- On a quarterly basis, EBT fell 106.24% year-over-year to -$77.7 million in Q2 2026; TTM through Apr 2026 was -$224.9 million, a 5472.7% decrease from a year earlier, with the FY2025 full-year figure at -$191.2 million, down 1092.24% from the prior year.
- EBT was -$77.7 million for Q2 2026 at Fuelcell Energy, down from -$26.1 million in the prior quarter.
- Over the last five years, EBT for FCEL reached as high as $103.8 million in Q4 2022 and fell as low as -$91.9 million in Q3 2025.
- A 5-year average of -$22.7 million and a median of -$31.3 million in 2022 frame the typical range for EBT.
- The widest annual swing landed in 2024, when EBT surged 665.23%; it then slumped 161.54% in 2025.
- Tracing FCEL's EBT over 5 years: stood at $103.8 million in 2022, then plunged by 117.25% to -$17.9 million in 2023, then surged by 665.23% to $101.1 million in 2024, then tumbled by 129.0% to -$29.3 million in 2025, then sank by 164.86% to -$77.7 million in 2026.
- According to Business Quant data, EBT over the past three periods registered -$77.7 million, -$26.1 million, and -$29.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | 438.30 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | 74.10 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | 176.90 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | 236.40 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 70.00 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | 61.78 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -17.50 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 122.90 Mn |
| 10 | Fuelcell Energy | 1.02 Bn | 1.02 Bn | -12.93 Mn | -77.68 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -77.68 Mn |
| Jan 31, 2026 | -26.05 Mn |
| Oct 31, 2025 | -29.33 Mn |
| Jul 31, 2025 | -91.86 Mn |
| Apr 30, 2025 | -37.67 Mn |
| Jan 31, 2025 | -32.39 Mn |
| Oct 31, 2024 | 101.14 Mn |
| Jul 31, 2024 | -35.12 Mn |
| Apr 30, 2024 | -37.66 Mn |
| Jan 31, 2024 | -44.40 Mn |
| Oct 31, 2023 | -17.89 Mn |
| Jul 31, 2023 | -23.60 Mn |
| Apr 30, 2023 | -33.91 Mn |
| Jan 31, 2023 | -20.51 Mn |
| Oct 31, 2022 | 103.76 Mn |
| Jul 31, 2022 | -28.48 Mn |
| Apr 30, 2022 | -30.13 Mn |
| Jan 31, 2022 | -46.12 Mn |
| Oct 31, 2021 | 72.81 Mn |
| Jul 31, 2021 | -11.99 Mn |