Fuelcell Energy (FCEL) Market Capitalization (2010 - 2026)
Fuelcell Energy (FCEL) recorded Market Capitalization of $1.73 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with $121.23 million a year earlier and up 109.1% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Market Capitalization (2010 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Fuelcell Energy reported Market Capitalization of $230.4 million, up 36.9% from FY2024.
- Annual Market Capitalization has a five-year compound annual growth rate of -55.6% (FY2020 to FY2025).
- Across earlier fiscal years, Market Capitalization came in at $168.35 million in FY2024 (-98.9%), $14.74 billion in FY2023 (-61.2%), $37.96 billion in FY2022 (-56.8%) and $87.88 billion in FY2021 (+559.9%).
- The fiscal Q3 2026 figure is the highest quarterly Market Capitalization since fiscal Q3 2024.
- On a year-over-year basis, Market Capitalization rose in three of the last seven quarters, with growth averaging 84.5%.
- Peak year-over-year performance for Market Capitalization in the last five years was growth of 784.7% in fiscal Q2 2026, against a decline of 99.3% in fiscal Q2 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $826.14 million (Q2 2026), $430.87 million (Q1 2026) and $230.4 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 240.94 Bn | 200.85 Bn | 2.36 Bn |
| 2 | Bloom Energy | 63.98 Bn | 55.77 Bn | 355.57 Mn |
| 3 | First Solar | 18.95 Bn | 9.90 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.40 Bn | 10.70 Bn | 202.31 Mn |
| 5 | Nextpower | 12.00 Bn | 7.90 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.53 Bn | 10.35 Bn | 521.81 Mn |
| 7 | EnerSys | 6.22 Bn | 4.42 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.21 Bn | -646.87 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.71 Bn | 1.55 Bn | 133.10 Mn |
| 10 | Fuelcell Energy | 876.55 Mn | -744.65 Mn | -24.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.73 Bn |
| Apr 30, 2026 | 826.14 Mn |
| Jan 31, 2026 | 430.87 Mn |
| Oct 31, 2025 | 230.40 Mn |
| Jul 31, 2025 | 121.23 Mn |
| Apr 30, 2025 | 93.38 Mn |
| Jan 31, 2025 | 162.38 Mn |
| Oct 31, 2024 | 168.35 Mn |
| Jul 31, 2024 | 8.47 Bn |
| Apr 30, 2024 | 12.79 Bn |
| Jan 31, 2024 | 16.27 Bn |
| Oct 31, 2023 | 14.74 Bn |
| Jul 31, 2023 | 29.22 Bn |
| Apr 30, 2023 | 22.94 Bn |
| Jan 31, 2023 | 44.55 Bn |
| Oct 31, 2022 | 37.96 Bn |
| Jul 31, 2022 | 42.48 Bn |
| Apr 30, 2022 | 47.32 Bn |
| Jan 31, 2022 | 46.64 Bn |
| Oct 31, 2021 | 87.88 Bn |
API Access
Fuelcell Energy Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();