Fuelcell Energy (FCELB) EBITDA (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly EBITDA came in at -$26.1 million in Q1 2026, up 8.52% year-on-year from -$24.1 million in Q1 2025, and up 10.39% quarter-over-quarter from -$29.2 million in Q4 2025.

Fuelcell Energy (FCELB) EBITDA (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed EBITDA across 17 years of filings, most recently posting -$26.1 million for Q1 2026.

  • EBITDA for Q1 2026 came in at -$26.1 million, up 8.52% year-over-year; the trailing twelve-month figure through Jan 2026 was -$185.3 million (down 36.92% YoY), and the FY2025 annual result was -$191.5 million, down 22.24% from the prior year.
  • EBITDA came in at -$26.1 million for Q1 2026 at Fuelcell Energy, up from -$29.2 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of -$22.5 million in Q1 2023 to a low of -$92.3 million in Q3 2025.
  • The 5-year median for EBITDA is -$32.2 million (2024), against an average of -$37.0 million.
  • Across the five-year window, EBITDA slumped 212.0% in 2022 and jumped 49.93% in 2023, its largest moves.
  • Fuelcell Energy's EBITDA stood at -$47.6 million in 2022, then soared by 37.98% to -$29.5 million in 2023, then plunged by 34.14% to -$39.6 million in 2024, then gained by 26.35% to -$29.2 million in 2025, then rose by 10.39% to -$26.1 million in 2026.
  • The last three EBITDA figures came in at -$26.1 million (Q1 2026), -$29.2 million (Q4 2025), and -$92.3 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 440.10 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 72.20 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 145.60 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 263.80 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 68.30 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 11.60 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 57.58 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 117.50 Mn
10 Fuelcell Energy - - -12.93 Mn -77.95 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -77.95 Mn
Jan 31, 2026 -26.13 Mn
Oct 31, 2025 -25.68 Mn
Jul 31, 2025 -92.27 Mn
Apr 30, 2025 -37.76 Mn
Jan 31, 2025 -28.56 Mn
Oct 31, 2024 -8.82 Mn
Jul 31, 2024 -34.98 Mn
Apr 30, 2024 -32.22 Mn
Jan 31, 2024 -19.76 Mn
Oct 31, 2023 -30.42 Mn
Jul 31, 2023 -23.77 Mn
Apr 30, 2023 -35.86 Mn
Jan 31, 2023 -22.46 Mn
Oct 31, 2022 -42.62 Mn
Jul 31, 2022 -29.06 Mn
Apr 30, 2022 -30.28 Mn
Jan 31, 2022 -44.84 Mn
Oct 31, 2021 -22.55 Mn
Jul 31, 2021 -12.00 Mn