Fuelcell Energy (FCEL) Retained Earnings (2010 - 2026)
Fuelcell Energy's (FCEL) quarterly Retained Earnings came in at -$1.9 billion in Q2 2026, down 13.02% YoY from -$2.2 billion in Q2 2025, and down 4.21% on a QoQ basis from -$1.9 billion in Q1 2026.
Fuelcell Energy (FCEL) Retained Earnings (2010 - 2026) Analysis & Trends
Fuelcell Energy's Retained Earnings history runs 17 years deep, the most recent figure standing at -$1.9 billion for Q2 2026.
- On a quarterly basis, Retained Earnings fell 13.02% year-over-year to -$1.9 billion in Q2 2026; TTM through Apr 2026 was -$1.9 billion, a 13.02% decrease from a year earlier, with the FY2025 full-year figure at -$1.7 million, down 8.58% from the prior year.
- Retained Earnings was -$1.9 billion for Q2 2026 at Fuelcell Energy, down from -$1.9 billion in the prior quarter.
- Over the last five years, Retained Earnings for FCEL reached as high as -$910000.0 in Q1 2022 and fell as low as -$1.9 billion in Q2 2026.
- A 5-year average of -$556.8 million and a median of -$1.7 million in 2022 frame the typical range for Retained Earnings.
- The widest annual swing landed in 2022, when Retained Earnings jumped 99.91%; it then tumbled 137850.71% in 2023.
- Tracing FCEL's Retained Earnings over 5 years: stood at -$1.8 million in 2022, then rose by 4.57% to -$1.7 million in 2023, then climbed by 6.64% to -$1.6 million in 2024, then slipped by 8.58% to -$1.7 million in 2025, then plunged by 113777.05% to -$1.9 billion in 2026.
- According to Business Quant data, Retained Earnings over the past three periods registered -$1.9 billion, -$1.9 billion, and -$1.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 479.97 Bn | 479.92 Bn | - | -352.40 Mn |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn | -76.20 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn | -3.92 Bn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn | -28.00 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn | - |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn | 1.18 Bn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn | -28.13 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn | -2.15 Bn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn | 4.49 Bn |
| 10 | Fuelcell Energy | 1.02 Bn | 1.02 Bn | -12.93 Mn | -1.93 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -1.93 Bn |
| Jan 31, 2026 | -1.85 Bn |
| Oct 31, 2025 | -1.70 Mn |
| Jul 31, 2025 | -1.88 Mn |
| Apr 30, 2025 | -1.71 Bn |
| Jan 31, 2025 | -1.79 Mn |
| Oct 31, 2024 | -1.56 Mn |
| Jul 31, 2024 | -1.58 Mn |
| Apr 30, 2024 | -1.57 Bn |
| Jan 31, 2024 | -1.64 Mn |
| Oct 31, 2023 | -1.67 Mn |
| Jul 31, 2023 | -1.49 Bn |
| Apr 30, 2023 | -1.46 Bn |
| Jan 31, 2023 | -1.31 Mn |
| Oct 31, 2022 | -1.75 Mn |
| Jul 31, 2022 | -1.15 Mn |
| Apr 30, 2022 | -1.06 Mn |
| Jan 31, 2022 | -910,000.00 |
| Oct 31, 2021 | -819,000.00 |
| Jul 31, 2021 | -1.24 Bn |