Fuelcell Energy (FCELB) EBITDA Margin (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly EBITDA Margin came in at 85.57% in Q1 2026, up 6476.0% year-on-year from 1.3% in Q1 2025, and down 61.47% quarter-over-quarter from 52.99% in Q4 2025.

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

Fuelcell Energy has disclosed EBITDA Margin across 17 years of filings, most recently posting 85.57% for Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 85.57%, up 6476.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 109.2% (up 906.0% YoY), and the FY2025 annual result was 121.08%, up 1863.0% from the prior year.
  • EBITDA Margin came in at 85.57% for Q1 2026 at Fuelcell Energy, down from 52.99% in the prior quarter.
  • In the past five years, EBITDA Margin ranged from a high of 52.99% in Q4 2025 to a low of 265.81% in Q1 2024.
  • The 5-year median for EBITDA Margin is 121.38% (2022), against an average of 124.74%.
  • Across the five-year window, EBITDA Margin tumbled 20524 bps in 2024 and jumped 11548 bps in 2025, its largest moves.
  • Fuelcell Energy's EBITDA Margin stood at 121.38% in 2022, then declined by 8 bps to 131.38% in 2023, then soared by 39 bps to 80.25% in 2024, then surged by 34 bps to 52.99% in 2025, then tumbled by 61 bps to 85.57% in 2026.
  • The last three EBITDA Margin figures came in at 85.57% (Q1 2026), 52.99% (Q4 2025), and 197.4% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 16.61%
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 9.61%
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 11.72%
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 17.39%
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 13.37%
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn 34.48%
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 19.41%
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 11.13%
10 Fuelcell Energy - - -12.93 Mn -219.02%

Historic Data

Download Data
DateValue
Apr 30, 2026 -219.02%
Jan 31, 2026 -85.57%
Oct 31, 2025 -46.68%
Jul 31, 2025 -197.40%
Apr 30, 2025 -100.95%
Jan 31, 2025 -150.33%
Oct 31, 2024 -17.87%
Jul 31, 2024 -147.63%
Apr 30, 2024 -143.70%
Jan 31, 2024 -118.39%
Oct 31, 2023 -135.41%
Jul 31, 2023 -93.16%
Apr 30, 2023 -93.50%
Jan 31, 2023 -60.57%
Oct 31, 2022 -108.71%
Jul 31, 2022 -67.43%
Apr 30, 2022 -184.78%
Jan 31, 2022 -141.04%
Oct 31, 2021 -161.85%
Jul 31, 2021 -44.75%