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

Fuelcell Energy's (FCEL) quarterly Tax Rate came in at 0.06% in Q2 2026, up 29.0% YoY from 0.05% in Q2 2025, and up 245.21% on a QoQ basis from 0.04% in Q4 2025.

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

Fuelcell Energy's Tax Rate history runs 17 years deep, the most recent figure standing at 0.06% for Q2 2026.

  • On a quarterly basis, Tax Rate rose 29.0% year-over-year to 0.06% in Q2 2026; TTM through Apr 2026 was 0.04%, a 279.0% increase from a year earlier, with the FY2025 full-year figure at 0.07%, up 12.0% from the prior year.
  • Tax Rate was 0.06% for Q2 2026 at Fuelcell Energy, up from 0.04% in the prior quarter.
  • Over the last five years, Tax Rate for FCEL reached as high as 0.31% in Q4 2022 and fell as low as 2.82% in Q1 2023.
  • A 5-year average of 0.45% and a median of 0.03% in 2023 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 32 bps in 2022, while the deepest fall reached 168 bps in 2022.
  • Tracing FCEL's Tax Rate over 5 years: stood at 0.31% in 2022, then tumbled by 103 bps to 0.01% in 2023, then surged by 413 bps to 0.03% in 2024, then tumbled by 260 bps to 0.04% in 2025, then soared by 245 bps to 0.06% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 0.06%, 0.04%, and 0.04% for Q2 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Novonix 479.97 Bn 479.92 Bn - -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn 11.00%
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn 0.54%
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn 20.63%
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn 22.59%
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn 3.86%
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn 25.73%
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn -0.15%
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn 21.24%
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn 0.06%

Historic Data

Download Data
DateValue
Apr 30, 2026 0.06%
Apr 30, 2026 0.06%
Oct 31, 2025 -0.04%
Oct 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Apr 30, 2025 -0.22%
Apr 30, 2025 -0.22%
Oct 31, 2024 0.03%
Oct 31, 2024 0.03%
Jul 31, 2024 -0.01%
Jul 31, 2024 -0.01%
Apr 30, 2023 -0.01%
Apr 30, 2023 -0.01%
Jan 31, 2023 -2.82%
Jan 31, 2023 -2.82%
Oct 31, 2022 0.31%
Oct 31, 2022 0.31%
Jul 31, 2022 -1.73%
Jul 31, 2022 -1.73%