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
DateValue
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