Fuelcell Energy (FCELB) FCF Margin (2010 - 2026)
Fuelcell Energy's (FCELB) quarterly FCF Margin came in at 40.99% in Q3 2026, up 2764.0% year-over-year from 1.43% in Q3 2025, and up 49.7% quarter-over-quarter from 81.49% in Q2 2026.
Analysis
Fuelcell Energy (FCELB) FCF Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed FCF Margin across 17 years of filings, most recently posting 40.99% for Q3 2026.
- In Q3 2026, FCF Margin rose 2764.0% year-over-year to 40.99%; the TTM figure through Jul 2026 stood at 65.6% (up 1619.0% YoY), while the FY2025 annual figure was 90.98%, up 8794.0% from the prior year.
- FCF Margin came in at 40.99% for Q3 2026 at Fuelcell Energy, up from 81.49% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 9.53% in Q4 2024 to a low of 412.39% in Q1 2024.
- Average FCF Margin over 5 years is 143.09%, with a median of 115.86% recorded in 2023.
- Year-over-year, FCF Margin plunged 24747 bps in 2024 and surged 25534 bps in 2025.
- Over 5 years, FCF Margin stood at 74.91% in 2022, then plunged by 61 bps to 120.56% in 2023, then surged by 92 bps to 9.53% in 2024, then plunged by 356 bps to 43.4% in 2025, then rose by 6 bps to 40.99% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 40.99% in Q3 2026, 81.49% in Q2 2026, and 113.69% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 14.64% |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | -40.99% |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -94.66% |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -40.99% |
| Apr 30, 2026 | -81.49% |
| Jan 31, 2026 | -113.69% |
| Oct 31, 2025 | -43.40% |
| Jul 31, 2025 | -68.62% |
| Apr 30, 2025 | -94.01% |
| Jan 31, 2025 | -277.78% |
| Oct 31, 2024 | -9.53% |
| Jul 31, 2024 | -323.97% |
| Apr 30, 2024 | -224.49% |
| Jan 31, 2024 | -412.39% |
| Oct 31, 2023 | -120.56% |
| Jul 31, 2023 | -184.05% |
| Apr 30, 2023 | -115.86% |
| Jan 31, 2023 | -164.92% |
| Oct 31, 2022 | -74.91% |
| Jul 31, 2022 | -66.76% |
| Apr 30, 2022 | -134.38% |
| Jan 31, 2022 | -166.96% |
| Oct 31, 2021 | -95.44% |