Fuelcell Energy (FCELB) Net Income (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly Net Income came in at -$26.1 million in Q1 2026, up 19.56% year-on-year from -$21.8 million in Q1 2025, and up 30.7% quarter-over-quarter from -$37.6 million in Q4 2025.

Fuelcell Energy (FCELB) Net Income (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Net Income across 17 years of filings, most recently posting -$26.1 million for Q1 2026.

  • Net Income for Q1 2026 came in at -$26.1 million, up 19.56% year-over-year; the trailing twelve-month figure through Jan 2026 was -$193.3 million (down 4664.31% YoY), and the FY2025 annual result was -$199.6 million, down 1142.21% from the prior year.
  • Net Income came in at -$26.1 million for Q1 2026 at Fuelcell Energy, up from -$37.6 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $101.1 million in Q4 2024 to a low of -$91.9 million in Q3 2025.
  • The 5-year median for Net Income is -$33.9 million (2023), against an average of -$23.6 million.
  • Across the five-year window, Net Income jumped 258.21% in 2023 and tumbled 161.64% in 2025, its largest moves.
  • Fuelcell Energy's Net Income stood at -$42.0 million in 2022, then surged by 258.21% to $66.4 million in 2023, then jumped by 52.2% to $101.1 million in 2024, then slumped by 137.18% to -$37.6 million in 2025, then surged by 30.7% to -$26.1 million in 2026.
  • The last three Net Income figures came in at -$26.1 million (Q1 2026), -$37.6 million (Q4 2025), and -$91.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 390.10 Mn
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 73.70 Mn
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 2.00 Mn
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 183.00 Mn
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn -500,000.00
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -17.53 Mn
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 45.89 Mn
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 96.80 Mn
10 Fuelcell Energy - - -12.93 Mn -77.63 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 -77.63 Mn
Jan 31, 2026 -26.05 Mn
Oct 31, 2025 -29.34 Mn
Jul 31, 2025 -91.90 Mn
Apr 30, 2025 -37.75 Mn
Jan 31, 2025 -32.39 Mn
Oct 31, 2024 101.11 Mn
Jul 31, 2024 -35.12 Mn
Apr 30, 2024 -37.66 Mn
Jan 31, 2024 -44.40 Mn
Oct 31, 2023 -17.89 Mn
Jul 31, 2023 -23.60 Mn
Apr 30, 2023 -33.91 Mn
Jan 31, 2023 -21.09 Mn
Oct 31, 2022 103.43 Mn
Jul 31, 2022 -28.98 Mn
Apr 30, 2022 -30.13 Mn
Jan 31, 2022 -46.12 Mn
Oct 31, 2021 72.81 Mn
Jul 31, 2021 -12.00 Mn