Fuelcell Energy (FCEL) Retained Earnings (2010 - 2026)
Fuelcell Energy's (FCEL) quarterly Retained Earnings came in at -$2.0 billion in Q3 2026, down 9.73% year-over-year from -$2.2 billion in Q3 2025, and down 2.3% quarter-over-quarter from -$1.9 billion in Q2 2026.
Analysis
Fuelcell Energy (FCEL) Retained Earnings (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Retained Earnings across 17 years of filings, most recently posting -$2.0 billion for Q3 2026.
- In Q3 2026, Retained Earnings fell 9.73% year-over-year to -$2.0 billion; the TTM figure through Jul 2026 stood at -$2.0 billion (down 9.73% YoY), while the FY2025 annual figure was -$1.8 billion, down 11.45% from the prior year.
- Retained Earnings came in at -$2.0 billion for Q3 2026 at Fuelcell Energy, down from -$1.9 billion in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of -$1.3 billion in Q1 2022 to a low of -$2.0 billion in Q3 2026.
- Average Retained Earnings over 5 years is -$1.6 billion, with a median of -$1.6 billion recorded in 2024.
- Year-over-year, Retained Earnings dropped 7.3% in 2024 and dropped 13.02% in 2026.
- Over 5 years, Retained Earnings stood at -$1.4 billion in 2022, then decreased by 7.64% to -$1.5 billion in 2023, then slipped by 8.31% to -$1.6 billion in 2024, then declined by 11.45% to -$1.8 billion in 2025, then declined by 7.94% to -$2.0 billion in 2026.
- Per Business Quant data, the three most recent Retained Earnings figures were -$2.0 billion in Q3 2026, -$1.9 billion in Q2 2026, and -$1.9 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 77.91 Bn | 75.27 Bn | 355.57 Mn | 5.33 Bn |
| 2 | Fuelcell Energy | 1.45 Bn | 797.66 Mn | -24.50 Mn | -1.97 Bn |
| 3 | Ballard Power Systems | 652.70 Mn | 147.56 Mn | 4.08 Mn | -2.18 Bn |
| 4 | Sunhydrogen | 114.56 Mn | 114.56 Mn | -45,724.00 | 131.89 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -1.97 Bn |
| Apr 30, 2026 | -1.93 Bn |
| Jan 31, 2026 | -1.85 Bn |
| Oct 31, 2025 | -1.83 Bn |
| Jul 31, 2025 | -1.80 Bn |
| Apr 30, 2025 | -1.71 Bn |
| Jan 31, 2025 | -1.67 Bn |
| Oct 31, 2024 | -1.64 Bn |
| Jul 31, 2024 | -1.60 Bn |
| Apr 30, 2024 | -1.57 Bn |
| Jan 31, 2024 | -1.54 Bn |
| Oct 31, 2023 | -1.52 Bn |
| Jul 31, 2023 | -1.49 Bn |
| Apr 30, 2023 | -1.46 Bn |
| Jan 31, 2023 | -1.43 Bn |
| Oct 31, 2022 | -1.41 Bn |
| Jul 31, 2022 | -1.37 Bn |
| Apr 30, 2022 | -1.34 Bn |
| Jan 31, 2022 | -1.31 Bn |
| Oct 31, 2021 | -1.27 Bn |