Fuelcell Energy (FCEL) Net Income (2010 - 2026)
Fuelcell Energy (FCEL) posted Net Income of -$77.6 million for Q2 2026, down 197.99% sequentially from -$26.1 million in Q1 2026, and down 105.65% YoY from $1.4 billion in Q2 2025.
Fuelcell Energy (FCEL) Net Income (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Net Income for 17 years, with the latest figure at -$77.6 million in Q2 2026.
- Quarterly Net Income fell 105.65% year-over-year to -$77.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was -$25.4 million (up 82.47% YoY) and the FY2025 annual result came in at $8.2 million, up 105.2% from the prior year.
- Net Income declined to -$77.6 million in Q2 2026 per FCEL's latest filing, from -$26.1 million in the prior quarter.
- Over five years, Net Income peaked at $170.2 million in Q4 2025 and troughed at -$91.9 million in Q3 2025.
- A 5-year average of -$22.9 million and a median of -$34.5 million in 2023 frame the typical range for Net Income.
- The widest YoY moves for Net Income: up 529.7% in 2025, down 161.64% in 2025.
- Over 5 years, Net Income stood at -$42.0 million in 2022, then jumped by 258.21% to $66.4 million in 2023, then plunged by 159.62% to -$39.6 million in 2024, then surged by 529.7% to $170.2 million in 2025, then slumped by 145.62% to -$77.6 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered -$77.6 million, -$26.1 million, and $170.2 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 497.80 Mn |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 198.83 Mn |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 242.20 Mn |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 215.90 Mn |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 54.10 Mn |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 141.00 Mn |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | 52.16 Mn |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 116.45 Mn |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | -190.10 Mn |
| 10 | Fuelcell Energy | 1.05 Bn | 675.77 Mn | -12.93 Mn | -77.63 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -77.63 Mn |
| Jan 31, 2026 | -26.05 Mn |
| Oct 31, 2025 | 170.18 Mn |
| Jul 31, 2025 | -91.90 Mn |
| Apr 30, 2025 | -37.75 Mn |
| Jan 31, 2025 | -32.39 Mn |
| Oct 31, 2024 | -39.61 Mn |
| Jul 31, 2024 | -35.12 Mn |
| Apr 30, 2024 | -37.66 Mn |
| Jan 31, 2024 | -44.40 Mn |
| Oct 31, 2023 | 66.43 Mn |
| Jul 31, 2023 | -23.60 Mn |
| Apr 30, 2023 | -33.91 Mn |
| Jan 31, 2023 | -21.09 Mn |
| Oct 31, 2022 | -41.99 Mn |
| Jul 31, 2022 | -28.98 Mn |
| Apr 30, 2022 | -30.13 Mn |
| Jan 31, 2022 | -46.12 Mn |
| Oct 31, 2021 | -20.09 Mn |
| Jul 31, 2021 | -12.00 Mn |