Growth Metrics

Fuelcell Energy (FCEL) Revenue (2016 - 2026)

Fuelcell Energy (FCEL) has disclosed Revenue for 17 consecutive years, with $30.5 million as the latest value for Q1 2026.

  • Quarterly Revenue rose 60.71% to $30.5 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $169.7 million through Jan 2026, up 48.29% year-over-year, with the annual reading at $158.2 million for FY2025, 41.05% up from the prior year.
  • Revenue hit $30.5 million in Q1 2026 for Fuelcell Energy, down from $55.0 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.
  • Historically, Revenue has averaged $32.6 million across 5 years, with a median of $31.8 million in 2022.
  • Biggest five-year swings in Revenue: surged 181.31% in 2022 and later crashed 54.98% in 2024.
  • Year by year, Revenue stood at $39.2 million in 2022, then crashed by 42.7% to $22.5 million in 2023, then surged by 119.6% to $49.3 million in 2024, then grew by 11.54% to $55.0 million in 2025, then plummeted by 44.51% to $30.5 million in 2026.
  • Business Quant data shows Revenue for FCEL at $30.5 million in Q1 2026, $55.0 million in Q4 2025, and $46.7 million in Q3 2025.