Growth Metrics

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

Fuelcell Energy recorded quarterly FCF Margin of 113.69% in Q1 2026, down 161.93% quarter-over-quarter from 43.4% in Q4 2025, and up 16409.0% year-over-year from N/an in Q1 2025.

Fuelcell Energy's FCF Margin history runs 17 years deep, the most recent figure standing at 113.69% for Q1 2026.

  • In Q1 2026, FCF Margin rose 16409.0% year-over-year to 113.69%; the TTM figure through Jan 2026 stood at 74.15% (up 8713.0% YoY), while the FY2025 annual figure was 90.98%, up 8794.0% from the prior year.
  • FCF Margin came in at 113.69% for Q1 2026 at Fuelcell Energy, down from 43.4% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 9.53% in Q4 2024 to a low of 412.39% in Q1 2024.
  • A 5-year average of 152.72% and a median of 120.56% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin plunged 24747 bps in 2024 and surged 25534 bps in 2025, its largest moves.
  • Fuelcell Energy's FCF Margin stood at 74.91% in 2022, then sank by 61 bps to 120.56% in 2023, then soared by 92 bps to 9.53% in 2024, then sank by 356 bps to 43.4% in 2025, then tumbled by 162 bps to 113.69% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 113.69%, 43.4%, and 68.62% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Vertiv Holdings 125.39 Bn 122.89 Bn 999.70 Mn 28.89%
2 Bloom Energy 85.22 Bn 82.75 Bn 225.54 Mn 6.31%
3 nVent Electric 26.63 Bn 26.44 Bn 445.60 Mn 3.95%
4 Hubbell 25.22 Bn 24.72 Bn 505.30 Mn 3.03%
5 Advanced Energy Industries 12.25 Bn 12.25 Bn 200.90 Mn -8.26%
6 Powell Industries 10.16 Bn 9.61 Bn 87.94 Mn 16.63%
7 Acuity Inc. (De) 8.82 Bn 8.55 Bn 520.40 Mn 6.94%
8 EnerSys 8.70 Bn 8.26 Bn 290.87 Mn 13.28%
9 Plug Power 5.25 Bn 4.87 Bn -21.61 Mn -107.70%
10 Fuelcell Energy 1.21 Bn 903.11 Mn -5.86 Mn -113.69%

Historic Data

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DateValue
Jan 31, 2026 -113.69%
Oct 31, 2025 -43.40%
Jul 31, 2025 -68.62%
Apr 30, 2025 -94.01%
Jan 31, 2025 -277.78%
Oct 31, 2024 -9.53%
Jul 31, 2024 -323.97%
Apr 30, 2024 -224.49%
Jan 31, 2024 -412.39%
Oct 31, 2023 -120.56%
Jul 31, 2023 -184.05%
Apr 30, 2023 -115.86%
Jan 31, 2023 -164.92%
Oct 31, 2022 -74.91%
Jul 31, 2022 -66.76%
Apr 30, 2022 -134.38%
Jan 31, 2022 -166.96%
Oct 31, 2021 -95.44%
Jul 31, 2021 -79.68%
Apr 30, 2021 -83.14%
Jan 31, 2021 -205.16%
Oct 31, 2020 -73.10%
Jul 31, 2020 -53.20%
Apr 30, 2020 -43.45%
Jan 31, 2020 -40.40%
Oct 31, 2019 -113.16%
Jul 31, 2019 0.26%
Apr 30, 2019 -73.12%
Jan 31, 2019 -76.19%
Oct 31, 2018 -86.26%
Jul 31, 2018 -121.29%
Apr 30, 2018 -3.71%
Jan 31, 2018 96.29%
Oct 31, 2017 -40.78%
Jul 31, 2017 -206.84%
Apr 30, 2017 -76.61%
Jan 31, 2017 -183.65%
Oct 31, 2016 -15.72%
Jul 31, 2016 -122.96%
Apr 30, 2016 -108.65%
Jan 31, 2016 21.75%
Oct 31, 2015 -23.10%
Jul 31, 2015 -57.29%
Apr 30, 2015 -41.06%
Jan 31, 2015 -9.33%
Oct 31, 2014 -51.54%
Jul 31, 2014 -41.98%
Apr 30, 2014 -30.65%
Jan 31, 2014 -13.20%
Oct 31, 2013 -38.62%
Jul 31, 2013 -28.78%
Apr 30, 2013 -37.58%
Jan 31, 2013 81.14%
Oct 31, 2012 -42.97%
Jul 31, 2012 -54.29%
Apr 30, 2012 -54.01%
Jan 31, 2012 -59.76%
Oct 31, 2011 21.17%
Jul 31, 2011 1.18%
Apr 30, 2011 -59.88%
Jan 31, 2011 -8.56%
Oct 31, 2010 -44.55%