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