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