Fuelcell Energy (FCELB) Free Cash Flow (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly Free Cash Flow came in at -$34.7 million in Q1 2026, up 34.22% year-on-year from -$25.9 million in Q1 2025, and down 45.36% quarter-over-quarter from -$23.9 million in Q4 2025.

Fuelcell Energy (FCELB) Free Cash Flow (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Free Cash Flow across 17 years of filings, most recently posting -$34.7 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at -$34.7 million, up 34.22% year-over-year; the trailing twelve-month figure through Jan 2026 was -$125.8 million (up 31.82% YoY), and the FY2025 annual result was -$143.9 million, up 28.28% from the prior year.
  • Free Cash Flow came in at -$34.7 million for Q1 2026 at Fuelcell Energy, down from -$23.9 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of -$4.7 million in Q4 2024 to a low of -$76.8 million in Q3 2024.
  • The 5-year median for Free Cash Flow is -$35.2 million (2025), against an average of -$40.7 million.
  • Across the five-year window, Free Cash Flow jumped 82.64% in 2024 and plunged 408.06% in 2025, its largest moves.
  • Fuelcell Energy's Free Cash Flow stood at -$29.4 million in 2022, then rose by 7.78% to -$27.1 million in 2023, then surged by 82.64% to -$4.7 million in 2024, then slumped by 408.06% to -$23.9 million in 2025, then plunged by 45.36% to -$34.7 million in 2026.
  • The last three Free Cash Flow figures came in at -$34.7 million (Q1 2026), -$23.9 million (Q4 2025), and -$32.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 765.40 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 47.43 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 49.10 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 46.00 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -42.20 Mn
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -4.51 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 49.34 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 73.30 Mn
10 Fuelcell Energy - - -12.93 Mn -29.00 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -29.00 Mn
Apr 30, 2026 -29.00 Mn
Jan 31, 2026 -34.71 Mn
Jan 31, 2026 -34.71 Mn
Oct 31, 2025 -23.88 Mn
Oct 31, 2025 -23.88 Mn
Jul 31, 2025 -32.08 Mn
Jul 31, 2025 -32.08 Mn
Apr 30, 2025 -35.17 Mn
Apr 30, 2025 -35.17 Mn
Jan 31, 2025 -52.77 Mn
Jan 31, 2025 -52.77 Mn
Oct 31, 2024 -4.70 Mn
Oct 31, 2024 -4.70 Mn
Jul 31, 2024 -76.76 Mn
Jul 31, 2024 -76.76 Mn
Apr 30, 2024 -50.33 Mn
Apr 30, 2024 -50.33 Mn
Jan 31, 2024 -68.83 Mn
Jan 31, 2024 -68.83 Mn