Growth Metrics

Fuelcell Energy (FCEL) Operating Margin (2016 - 2025)

Historic Operating Margin for Fuelcell Energy (FCEL) over the last 16 years, with Q4 2025 value amounting to 51.48%.

  • Fuelcell Energy's Operating Margin rose 317000.0% to 51.48% in Q4 2025 from the same period last year, while for Oct 2025 it was 121.61%, marking a year-over-year increase of 197300.0%. This contributed to the annual value of 121.61% for FY2025, which is 197300.0% up from last year.
  • Latest data reveals that Fuelcell Energy reported Operating Margin of 51.48% as of Q4 2025, which was up 317000.0% from 204.02% recorded in Q3 2025.
  • In the past 5 years, Fuelcell Energy's Operating Margin ranged from a high of 39.47% in Q3 2021 and a low of 254.5% during Q1 2024
  • Its 5-year average for Operating Margin is 128.81%, with a median of 132.84% in 2022.
  • In the last 5 years, Fuelcell Energy's Operating Margin plummeted by -1939300bps in 2024 and then skyrocketed by 887500bps in 2025.
  • Quarter analysis of 5 years shows Fuelcell Energy's Operating Margin stood at 161.85% in 2021, then soared by 33bps to 108.84% in 2022, then plummeted by -49bps to 161.94% in 2023, then skyrocketed by 49bps to 83.19% in 2024, then soared by 38bps to 51.48% in 2025.
  • Its Operating Margin was 51.48% in Q4 2025, compared to 204.02% in Q3 2025 and 95.73% in Q2 2025.