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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Fuelcell Energy (FCEL) Gross Margin (2016 - 2026)

Fuelcell Energy (FCEL) has disclosed Gross Margin for 17 consecutive years, with 19.18% as the latest value for Q1 2026.

  • Quarterly Gross Margin rose 821.0% to 19.18% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 15.95% through Jan 2026, up 974.0% year-over-year, with the annual reading at 16.7% for FY2025, 1534.0% up from the prior year.
  • Gross Margin hit 19.18% in Q1 2026 for Fuelcell Energy, down from 12.05% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 14.13% in Q1 2023 to a low of 70.25% in Q1 2024.
  • Historically, Gross Margin has averaged 22.8% across 5 years, with a median of 22.13% in 2024.
  • Biggest five-year swings in Gross Margin: crashed -8437bps in 2024 and later surged 4285bps in 2025.
  • Year by year, Gross Margin stood at 38.75% in 2022, then skyrocketed by 83bps to 6.52% in 2023, then tumbled by -240bps to 22.13% in 2024, then surged by 46bps to 12.05% in 2025, then crashed by -59bps to 19.18% in 2026.
  • Business Quant data shows Gross Margin for FCEL at 19.18% in Q1 2026, 12.05% in Q4 2025, and 10.98% in Q3 2025.