Fuelcell Energy (FCEL) Tax Rate (2010 - 2026)

Fuelcell Energy (FCEL) reported Tax Rate of 0.06% for Q2 2026, up 29.0% on a YoY basis from 0.05% in Q2 2025, and up 742.69% sequentially from 0.01% in Q4 2025.

Fuelcell Energy (FCEL) Tax Rate (2010 - 2026) Analysis & Trends

Fuelcell Energy (FCEL) has 17 years of Tax Rate data on file, last reported at 0.06% in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 29.0% year-over-year to 0.06%; the trailing twelve-month figure through Apr 2026 stood at 0.34% (down 25.0% YoY), and the FY2025 full-year result was 1.65%, up 167.0% from the prior year.
  • Tax Rate rose to 0.06% in Q2 2026, from 0.01% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 0.06% in Q2 2026 to a low of 2.82% in Q1 2023.
  • A 5-year average of 0.5% and a median of 0.04% in 2025 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate plunged 168 bps in 2022 and soared 76 bps in 2023, its largest moves.
  • Tracing FCEL's Tax Rate over 5 years: stood at 0.73% in 2022, then surged by 104 bps to 0.03% in 2023, then tumbled by 347 bps to 0.07% in 2024, then soared by 111 bps to 0.01% in 2025, then soared by 743 bps to 0.06% in 2026.
  • Business Quant data shows FCEL's Tax Rate at 0.06% in Q2 2026, 0.01% in Q4 2025, and 0.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Electrovaya 424.38 Bn 424.36 Bn 6.04 Mn -
2 Vertiv Holdings 116.45 Bn 113.95 Bn 999.70 Mn 11.00%
3 Bloom Energy 61.23 Bn 58.77 Bn 225.54 Mn 0.60%
4 Hubbell 25.93 Bn 25.43 Bn 505.30 Mn 22.59%
5 nVent Electric 25.66 Bn 25.47 Bn 445.60 Mn 20.63%
6 Advanced Energy Industries 11.88 Bn 11.18 Bn 200.90 Mn 3.86%
7 Acuity Inc. (De) 9.90 Bn 9.48 Bn 606.40 Mn -409.26%
8 Powell Industries 9.42 Bn 8.87 Bn 87.94 Mn 25.73%
9 EnerSys 7.49 Bn 7.05 Bn 290.87 Mn 22.01%
10 Fuelcell Energy 5.02 Mn -359.10 Mn -12.93 Mn 0.06%

Historic Data

Download Data
DateValue
Apr 30, 2026 0.06%
Apr 30, 2026 0.06%
Apr 30, 2026 0.06%
Oct 31, 2025 0.01%
Oct 31, 2025 0.01%
Oct 31, 2025 0.01%
Jul 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Apr 30, 2025 -0.22%
Apr 30, 2025 -0.22%
Apr 30, 2025 -0.22%
Oct 31, 2024 -0.07%
Oct 31, 2024 -0.07%
Oct 31, 2024 -0.07%
Jul 31, 2024 -0.01%
Jul 31, 2024 -0.01%
Jul 31, 2024 -0.01%
Oct 31, 2023 0.03%
Oct 31, 2023 0.03%