Fuelcell Energy (FCEL) Free Cash Flow (2010 - 2026)
Fuelcell Energy (FCEL) reported Free Cash Flow of -$29.0 million for Q2 2026, up 17.53% on a YoY basis from -$24.7 million in Q2 2025, and up 16.45% sequentially from -$34.7 million in Q1 2026.
Fuelcell Energy (FCEL) Free Cash Flow (2010 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 17 years of Free Cash Flow data on file, last reported at -$29.0 million in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 17.53% year-over-year to -$29.0 million; the trailing twelve-month figure through Apr 2026 stood at -$119.7 million (up 29.36% YoY), and the FY2025 full-year result was -$143.9 million, up 28.28% from the prior year.
- Free Cash Flow grew to -$29.0 million in Q2 2026, from -$34.7 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of -$4.7 million in Q4 2024 to a low of -$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.
- Across the five-year window, Free Cash Flow jumped 82.64% in 2024 and slumped 408.06% in 2025, its largest moves.
- Tracing FCEL's Free Cash Flow over 5 years: stood at -$29.4 million in 2022, then increased by 7.78% to -$27.1 million in 2023, then jumped by 82.64% to -$4.7 million in 2024, then tumbled by 408.06% to -$23.9 million in 2025, then decreased by 21.45% to -$29.0 million in 2026.
- Business Quant data shows FCEL's Free Cash Flow at -$29.0 million in Q2 2026, -$34.7 million in Q1 2026, and -$23.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn | -7.54 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn | 654.20 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn | 47.61 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn | 46.00 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn | 53.80 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn | -42.20 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn | 273.60 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn | 49.34 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn | 131.16 Mn |
| 10 | Fuelcell Energy | 5.02 Mn | -359.10 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 |