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| Date | Value |
|---|---|
| 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 |