Fuelcell Energy (FCEL) Enterprise Value (2010 - 2026)

Fuelcell Energy's (FCEL) quarterly Enterprise Value came in at -$7.5 million in Q2 2026, up 88.19% YoY from -$4.0 million in Q2 2025, and up 97.52% on a QoQ basis from -$302.5 million in Q1 2026.

Fuelcell Energy (FCEL) Enterprise Value (2010 - 2026) Analysis & Trends

Fuelcell Energy's Enterprise Value history runs 17 years deep, the most recent figure standing at -$7.5 million for Q2 2026.

  • On a quarterly basis, Enterprise Value rose 88.19% year-over-year to -$7.5 million in Q2 2026; TTM through Apr 2026 was -$7.5 million, a 88.19% increase from a year earlier, with the FY2025 full-year figure at -$7.5 million, up 96.96% from the prior year.
  • Enterprise Value was -$7.5 million for Q2 2026 at Fuelcell Energy, up from -$302.5 million in the prior quarter.
  • Over the last five years, Enterprise Value for FCEL reached as high as $12.3 million in Q1 2024 and fell as low as -$461.4 million in Q2 2022.
  • A 5-year average of -$124.6 million and a median of -$73.0 million in 2023 frame the typical range for Enterprise Value.
  • The widest annual swing landed in 2022, when Enterprise Value soared 132.56%; it then slumped 29753.09% in 2023.
  • Tracing FCEL's Enterprise Value over 5 years: stood at $2.7 million in 2022, then tumbled by 3491.65% to -$91.0 million in 2023, then tumbled by 171.06% to -$246.6 million in 2024, then surged by 96.96% to -$7.5 million in 2025, then increased by 0.01% to -$7.5 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$7.5 million, -$302.5 million, and -$7.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -49.78 Mn
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn -2.50 Bn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn -2.47 Bn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn -190.00 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn -506.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn -1.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn -544.89 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -531.30 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn -272.50 Mn
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn -7.50 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -7.50 Mn
Jan 31, 2026 -302.52 Mn
Oct 31, 2025 -7.50 Mn
Jul 31, 2025 -7.04 Mn
Apr 30, 2025 -63.49 Mn
Jan 31, 2025 -198.34 Mn
Oct 31, 2024 -246.57 Mn
Jul 31, 2024 -257.82 Mn
Apr 30, 2024 -94.02 Mn
Jan 31, 2024 12.28 Mn
Oct 31, 2023 -90.96 Mn
Jul 31, 2023 -372.77 Mn
Apr 30, 2023 -73.36 Mn
Jan 31, 2023 -72.54 Mn
Oct 31, 2022 2.68 Mn
Jul 31, 2022 -2.60 Mn
Apr 30, 2022 -461.38 Mn
Jan 31, 2022 -243,000.00
Oct 31, 2021 -8.24 Mn
Jul 31, 2021 -468.60 Mn