Fuelcell Energy (FCEL) Net Margin (2010 - 2026)
Fuelcell Energy recorded quarterly Net Margin of 77.5% in Q1 2026, down 39.02% quarter-over-quarter from 55.74% in Q4 2025, and up 7582.0% year-over-year from 1.01% in Q1 2025.
Fuelcell Energy's Net Margin history runs 17 years deep, the most recent figure standing at 77.5% for Q1 2026.
- In Q1 2026, Net Margin rose 7582.0% year-over-year to 77.5%; the TTM figure through Jan 2026 stood at 109.39% (up 1097.0% YoY), while the FY2025 annual figure was 120.82%, down 560.0% from the prior year.
- Net Margin came in at 77.5% for Q1 2026 at Fuelcell Energy, down from 55.74% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 52.39% in Q1 2023 to a low of 197.8% in Q3 2025.
- A 5-year average of 115.67% and a median of 110.37% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin soared 18403 bps in 2022 and tumbled 7099 bps in 2024, its largest moves.
- Fuelcell Energy's Net Margin stood at 110.37% in 2022, then slipped by 26 bps to 138.74% in 2023, then soared by 38 bps to 85.59% in 2024, then soared by 35 bps to 55.74% in 2025, then tumbled by 39 bps to 77.5% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 77.5%, 55.74%, and 197.8% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 125.39 Bn | 122.89 Bn | 999.70 Mn | 14.72% |
| 2 | Bloom Energy | 85.22 Bn | 82.75 Bn | 225.54 Mn | 9.41% |
| 3 | nVent Electric | 26.63 Bn | 26.44 Bn | 445.60 Mn | 0.16% |
| 4 | Hubbell | 25.22 Bn | 24.72 Bn | 505.30 Mn | 12.07% |
| 5 | Advanced Energy Industries | 12.25 Bn | 12.25 Bn | 200.90 Mn | -0.10% |
| 6 | Powell Industries | 10.16 Bn | 9.61 Bn | 87.94 Mn | 15.47% |
| 7 | Acuity Inc. (De) | 8.82 Bn | 8.55 Bn | 520.40 Mn | 9.17% |
| 8 | EnerSys | 8.70 Bn | 8.26 Bn | 290.87 Mn | 7.82% |
| 9 | Plug Power | 5.25 Bn | 4.87 Bn | -21.61 Mn | -150.47% |
| 10 | Fuelcell Energy | 1.21 Bn | 903.11 Mn | -5.86 Mn | -77.50% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | -77.50% |
| Oct 31, 2025 | -55.74% |
| Jul 31, 2025 | -197.80% |
| Apr 30, 2025 | -103.86% |
| Jan 31, 2025 | -153.32% |
| Oct 31, 2024 | -85.59% |
| Jul 31, 2024 | -141.21% |
| Apr 30, 2024 | -146.92% |
| Jan 31, 2024 | -123.38% |
| Oct 31, 2023 | -138.74% |
| Jul 31, 2023 | -98.31% |
| Apr 30, 2023 | -91.54% |
| Jan 31, 2023 | -52.39% |
| Oct 31, 2022 | -110.37% |
| Jul 31, 2022 | -70.10% |
| Apr 30, 2022 | -189.31% |
| Jan 31, 2022 | -130.28% |
| Oct 31, 2021 | -179.27% |
| Jul 31, 2021 | -47.71% |
| Apr 30, 2021 | -141.31% |
| Jan 31, 2021 | -314.31% |
| Oct 31, 2020 | -115.63% |
| Jul 31, 2020 | -86.13% |
| Apr 30, 2020 | -82.46% |
| Jan 31, 2020 | -252.59% |
| Oct 31, 2019 | -326.08% |
| Jul 31, 2019 | -36.67% |
| Apr 30, 2019 | -248.22% |
| Jan 31, 2019 | -185.78% |
| Oct 31, 2018 | -100.25% |
| Jul 31, 2018 | -145.50% |
| Apr 30, 2018 | -87.24% |
| Jan 31, 2018 | -21.87% |
| Oct 31, 2017 | -27.64% |
| Jul 31, 2017 | -171.86% |
| Apr 30, 2017 | -68.76% |
| Jan 31, 2017 | -85.20% |
| Oct 31, 2016 | -55.82% |
| Jul 31, 2016 | -54.38% |
| Apr 30, 2016 | -56.59% |
| Jan 31, 2016 | -37.37% |
| Oct 31, 2015 | -18.78% |
| Jul 31, 2015 | -17.75% |
| Apr 30, 2015 | -37.39% |
| Jan 31, 2015 | -11.68% |
| Oct 31, 2014 | -10.11% |
| Jul 31, 2014 | -18.01% |
| Apr 30, 2014 | -43.48% |
| Jan 31, 2014 | -25.67% |
| Oct 31, 2013 | -19.04% |
| Jul 31, 2013 | -11.94% |
| Apr 30, 2013 | -19.24% |
| Jan 31, 2013 | -34.33% |
| Oct 31, 2012 | -34.27% |
| Jul 31, 2012 | -36.11% |
| Apr 30, 2012 | -37.65% |
| Jan 31, 2012 | -21.52% |
| Oct 31, 2011 | -22.65% |
| Jul 31, 2011 | -29.11% |
| Apr 30, 2011 | -103.97% |
| Jan 31, 2011 | -41.80% |
| Oct 31, 2010 | -46.58% |
| Jul 31, 2010 | -85.24% |