Fuelcell Energy (FCEL) Revenue (2010 - 2026)

Fuelcell Energy (FCEL) reported Revenue of $35.6 million for Q2 2026, down 4.86% on a YoY basis from $37.4 million in Q2 2025, and up 16.57% sequentially from $30.5 million in Q1 2026.

Fuelcell Energy (FCEL) Revenue (2010 - 2026) Analysis & Trends

Fuelcell Energy (FCEL) has 17 years of Revenue data on file, last reported at $35.6 million in Q2 2026.

  • For the quarter ending Q2 2026, Revenue fell 4.86% year-over-year to $35.6 million; the trailing twelve-month figure through Apr 2026 stood at $167.9 million (up 29.71% YoY), and the FY2025 full-year result was $158.2 million, up 41.05% from the prior year.
  • Revenue climbed to $35.6 million in Q2 2026, from $30.5 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $55.0 million in Q4 2025 to a low of $16.4 million in Q2 2022.
  • A 5-year average of $32.8 million and a median of $33.7 million in 2022 frame the typical range for Revenue.
  • Across the five-year window, Revenue soared 181.31% in 2022 and tumbled 54.98% in 2024, its largest moves.
  • Tracing FCEL's Revenue over 5 years: stood at $39.2 million in 2022, then sank by 42.7% to $22.5 million in 2023, then surged by 119.6% to $49.3 million in 2024, then gained by 11.54% to $55.0 million in 2025, then sank by 35.31% to $35.6 million in 2026.
  • Business Quant data shows FCEL's Revenue at $35.6 million in Q2 2026, $30.5 million in Q1 2026, and $55.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn 18.05 Mn
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 2.65 Bn
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 751.05 Mn
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 1.52 Bn
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 1.24 Bn
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 511.00 Mn
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn 1.20 Bn
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 296.62 Mn
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 987.94 Mn
10 Fuelcell Energy 5.02 Mn -359.10 Mn -12.93 Mn 35.59 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 35.59 Mn
Jan 31, 2026 30.53 Mn
Oct 31, 2025 55.02 Mn
Jul 31, 2025 46.74 Mn
Apr 30, 2025 37.41 Mn
Jan 31, 2025 19.00 Mn
Oct 31, 2024 49.33 Mn
Jul 31, 2024 23.70 Mn
Apr 30, 2024 22.42 Mn
Jan 31, 2024 16.69 Mn
Oct 31, 2023 22.46 Mn
Jul 31, 2023 25.51 Mn
Apr 30, 2023 38.35 Mn
Jan 31, 2023 37.07 Mn
Oct 31, 2022 39.20 Mn
Jul 31, 2022 43.10 Mn
Apr 30, 2022 16.38 Mn
Jan 31, 2022 31.80 Mn
Oct 31, 2021 13.94 Mn
Jul 31, 2021 26.82 Mn