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

Fuelcell Energy's (FCEL) quarterly EBT Margin came in at 218.27% in Q2 2026, down 11757.0% YoY from N/an in Q2 2025, and down 155.8% on a QoQ basis from 85.33% in Q1 2026.

Fuelcell Energy (FCEL) EBT Margin (2010 - 2026) Analysis & Trends

Fuelcell Energy's EBT Margin history runs 17 years deep, the most recent figure standing at 218.27% for Q2 2026.

  • On a quarterly basis, EBT Margin fell 11757.0% year-over-year to 218.27% in Q2 2026; TTM through Apr 2026 was 133.97%, a 13086.0% decrease from a year earlier, with the FY2025 full-year figure at 120.91%, down 10661.0% from the prior year.
  • EBT Margin was 218.27% for Q2 2026 at Fuelcell Energy, down from 85.33% in the prior quarter.
  • Over the last five years, EBT Margin for FCEL reached as high as 264.67% in Q4 2022 and fell as low as 266.01% in Q1 2024.
  • A 5-year average of 91.55% and a median of 96.6% in 2023 frame the typical range for EBT Margin.
  • The widest annual swing landed in 2023, when EBT Margin tumbled 34433 bps; it then surged 28469 bps in 2024.
  • Tracing FCEL's EBT Margin over 5 years: stood at 264.67% in 2022, then slumped by 130 bps to 79.66% in 2023, then soared by 357 bps to 205.04% in 2024, then sank by 126 bps to 53.31% in 2025, then tumbled by 309 bps to 218.27% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 218.27%, 85.33%, and 53.31% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 16.54%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 9.87%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 14.24%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 15.59%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 13.70%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 20.83%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -52.02%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 11.64%
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn -218.27%

Historic Data

Download Data
DateValue
Apr 30, 2026 -218.27%
Jan 31, 2026 -85.33%
Oct 31, 2025 -53.31%
Jul 31, 2025 -196.51%
Apr 30, 2025 -100.69%
Jan 31, 2025 -170.48%
Oct 31, 2024 205.04%
Jul 31, 2024 -148.22%
Apr 30, 2024 -167.96%
Jan 31, 2024 -266.01%
Oct 31, 2023 -79.66%
Jul 31, 2023 -92.52%
Apr 30, 2023 -88.42%
Jan 31, 2023 -55.32%
Oct 31, 2022 264.67%
Jul 31, 2022 -66.08%
Apr 30, 2022 -183.87%
Jan 31, 2022 -145.05%
Oct 31, 2021 522.48%
Jul 31, 2021 -44.71%