Fuelcell Energy (FCEL) Revenue (2010 - 2026)
Fuelcell Energy (FCEL) posted Revenue of $35.6 million for Q2 2026, up 16.57% sequentially from $30.5 million in Q1 2026, and down 4.86% YoY from $37.4 million in Q2 2025.
Fuelcell Energy (FCEL) Revenue (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Revenue for 17 years, with the latest figure at $35.6 million in Q2 2026.
- Quarterly Revenue fell 4.86% year-over-year to $35.6 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $167.9 million (up 29.71% YoY) and the FY2025 annual result came in at $158.2 million, up 41.05% from the prior year.
- Revenue climbed to $35.6 million in Q2 2026 per FCEL's latest filing, from $30.5 million in the prior quarter.
- Over five years, Revenue peaked at $55.0 million in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2022 and 2024: Revenue surged 181.31% in 2022, then sank 54.98% in 2024.
- Over 5 years, Revenue stood at $39.2 million in 2022, then plunged 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 plunged by 35.31% to $35.6 million in 2026.
- According to Business Quant data, Revenue over the past three periods registered $35.6 million, $30.5 million, and $55.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 101.35 Bn | 98.24 Bn | 1.23 Bn | 3.27 Bn |
| 2 | Bloom Energy | 58.17 Bn | 55.50 Bn | 355.57 Mn | 1.07 Bn |
| 3 | nVent Electric | 24.99 Bn | 24.74 Bn | 558.00 Mn | 1.47 Bn |
| 4 | Hubbell | 24.90 Bn | 24.51 Bn | 613.00 Mn | 1.71 Bn |
| 5 | Advanced Energy Industries | 11.37 Bn | 9.96 Bn | 236.10 Mn | 574.10 Mn |
| 6 | Acuity Inc. (De) | 10.36 Bn | 9.95 Bn | 606.40 Mn | 1.20 Bn |
| 7 | Powell Industries | 7.22 Bn | 6.58 Bn | 95.30 Mn | 311.74 Mn |
| 8 | EnerSys | 6.93 Bn | 6.40 Bn | 313.36 Mn | 935.64 Mn |
| 9 | Hayward Holdings | 3.18 Bn | 2.70 Bn | 155.05 Mn | 318.38 Mn |
| 10 | Fuelcell Energy | 1.00 Bn | 627.38 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 |