Fuelcell Energy (FCEL) Free Cash Flow (2010 - 2026)
Fuelcell Energy (FCEL) posted Free Cash Flow of -$29.0 million for Q2 2026, up 16.45% sequentially from -$34.7 million in Q1 2026, and up 17.53% YoY from -$24.7 million in Q2 2025.
Fuelcell Energy (FCEL) Free Cash Flow (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Free Cash Flow for 17 years, with the latest figure at -$29.0 million in Q2 2026.
- Quarterly Free Cash Flow rose 17.53% year-over-year to -$29.0 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$119.7 million (up 29.36% YoY) and the FY2025 annual result came in at -$143.9 million, up 28.28% from the prior year.
- Free Cash Flow grew to -$29.0 million in Q2 2026 per FCEL's latest filing, from -$34.7 million in the prior quarter.
- Over five years, Free Cash Flow peaked at -$4.7 million in Q4 2024 and troughed at -$76.8 million in Q3 2024.
- A 5-year average of -$40.1 million and a median of -$34.9 million in 2025 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow soared 82.64% in 2024, then plunged 408.06% in 2025.
- Over 5 years, Free Cash Flow stood at -$29.4 million in 2022, then advanced by 7.78% to -$27.1 million in 2023, then jumped by 82.64% to -$4.7 million in 2024, then slumped by 408.06% to -$23.9 million in 2025, then declined by 21.45% to -$29.0 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered -$29.0 million, -$34.7 million, and -$23.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.21 Bn | 97.10 Bn | 1.23 Bn | 926.50 Mn |
| 2 | Bloom Energy | 57.21 Bn | 54.54 Bn | 355.57 Mn | 155.97 Mn |
| 3 | Hubbell | 24.83 Bn | 24.43 Bn | 613.00 Mn | 212.80 Mn |
| 4 | nVent Electric | 24.70 Bn | 24.45 Bn | 558.00 Mn | 167.30 Mn |
| 5 | Advanced Energy Industries | 11.06 Bn | 9.65 Bn | 236.10 Mn | 36.50 Mn |
| 6 | Acuity Inc. (De) | 10.33 Bn | 9.92 Bn | 606.40 Mn | 273.60 Mn |
| 7 | Powell Industries | 7.19 Bn | 6.55 Bn | 95.30 Mn | 93.70 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 217.74 Mn |
| 9 | Plug Power | 3.19 Bn | 2.87 Bn | -1.68 Mn | -98.06 Mn |
| 10 | Fuelcell Energy | 1.05 Bn | 674.96 Mn | -12.93 Mn | -29.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -29.00 Mn |
| Apr 30, 2026 | -29.00 Mn |
| Jan 31, 2026 | -34.71 Mn |
| Jan 31, 2026 | -34.71 Mn |
| Oct 31, 2025 | -23.88 Mn |
| Oct 31, 2025 | -23.88 Mn |
| Jul 31, 2025 | -32.08 Mn |
| Jul 31, 2025 | -32.08 Mn |
| Apr 30, 2025 | -35.17 Mn |
| Apr 30, 2025 | -35.17 Mn |
| Jan 31, 2025 | -52.77 Mn |
| Jan 31, 2025 | -52.77 Mn |
| Oct 31, 2024 | -4.70 Mn |
| Oct 31, 2024 | -4.70 Mn |
| Jul 31, 2024 | -76.76 Mn |
| Jul 31, 2024 | -76.76 Mn |
| Apr 30, 2024 | -50.33 Mn |
| Apr 30, 2024 | -50.33 Mn |
| Jan 31, 2024 | -68.83 Mn |
| Jan 31, 2024 | -68.83 Mn |