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

Fuelcell Energy's (FCELB) quarterly FCF Margin came in at 113.69% in Q1 2026, up 16409.0% year-on-year from N/an in Q1 2025, and down 161.93% quarter-over-quarter from 43.4% in Q4 2025.

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

Fuelcell Energy has disclosed FCF Margin across 17 years of filings, most recently posting 113.69% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 113.69%, up 16409.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 74.15% (up 8713.0% YoY), and the FY2025 annual result was 90.98%, up 8794.0% from the prior year.
  • FCF Margin came in at 113.69% for Q1 2026 at Fuelcell Energy, down from 43.4% 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.
  • The 5-year median for FCF Margin is 120.56% (2023), against an average of 152.72%.
  • Across the five-year window, FCF Margin sank 24747 bps in 2024 and jumped 25534 bps in 2025, its largest moves.
  • Fuelcell Energy's FCF Margin stood at 74.91% in 2022, then slumped by 61 bps to 120.56% in 2023, then surged by 92 bps to 9.53% in 2024, then slumped by 356 bps to 43.4% in 2025, then plunged by 162 bps to 113.69% in 2026.
  • The last three FCF Margin figures came in at 113.69% (Q1 2026), 43.4% (Q4 2025), and 68.62% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 28.89%
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 6.31%
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 3.95%
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 3.03%
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -8.26%
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -13.40%
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 16.63%
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 6.94%
10 Fuelcell Energy - - -12.93 Mn -81.49%

Historic Data

Download Data
DateValue
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%
Jul 31, 2021 -79.68%