Fuelcell Energy (FCEL) Net Margin (2010 - 2026)
Fuelcell Energy (FCEL) reported Net Margin of 221.16% for Q2 2026, down 11730.0% on a YoY basis from N/an in Q2 2025, and down 185.38% sequentially from 77.5% in Q1 2026.
Fuelcell Energy (FCEL) Net Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 17 years of Net Margin data on file, last reported at 221.16% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 11730.0% year-over-year to 221.16%; the trailing twelve-month figure through Apr 2026 stood at 134.32% (down 2333.0% YoY), and the FY2025 full-year result was 120.82%, down 560.0% from the prior year.
- Net Margin slipped to 221.16% in Q2 2026, from 77.5% 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 221.16% in Q2 2026.
- A 5-year average of 121.53% and a median of 116.88% in 2024 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 18403 bps in 2022 and slumped 11730 bps in 2026, its largest moves.
- Tracing FCEL's Net Margin over 5 years: stood at 110.37% in 2022, then retreated by 26 bps to 138.74% in 2023, then jumped by 38 bps to 85.59% in 2024, then jumped by 35 bps to 55.74% in 2025, then sank by 297 bps to 221.16% in 2026.
- Business Quant data shows FCEL's Net Margin at 221.16% in Q2 2026, 77.5% in Q1 2026, and 55.74% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Electrovaya | 406.91 Bn | 406.88 Bn | 6.04 Mn | 10.84% |
| 2 | Vertiv Holdings | 106.92 Bn | 104.42 Bn | 999.70 Mn | 14.72% |
| 3 | Bloom Energy | 51.54 Bn | 49.04 Bn | 225.54 Mn | 9.41% |
| 4 | Hubbell | 25.76 Bn | 25.25 Bn | 505.30 Mn | 12.07% |
| 5 | nVent Electric | 23.48 Bn | 23.29 Bn | 445.60 Mn | 0.16% |
| 6 | Advanced Energy Industries | 10.92 Bn | 10.23 Bn | 200.90 Mn | -0.10% |
| 7 | Acuity Inc. (De) | 10.08 Bn | 9.67 Bn | 606.40 Mn | -4.59% |
| 8 | Powell Industries | 8.00 Bn | 7.45 Bn | 87.94 Mn | 15.47% |
| 9 | EnerSys | 6.97 Bn | 6.53 Bn | 290.87 Mn | 7.82% |
| 10 | Fuelcell Energy | 1.13 Bn | 761.72 Mn | -12.93 Mn | -221.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -221.16% |
| 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% |