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