Fuelcell Energy (FCELB) Net Margin (2010 - 2026)
Fuelcell Energy's (FCELB) quarterly Net Margin came in at 137.17% in Q3 2026, up 6063.0% year-over-year from 2.23% in Q3 2025, and up 37.98% quarter-over-quarter from 221.16% in Q2 2026.
Analysis
Fuelcell Energy (FCELB) Net Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Net Margin across 17 years of filings, most recently posting 137.17% for Q3 2026.
- In Q3 2026, Net Margin rose 6063.0% year-over-year to 137.17%; the TTM figure through Jul 2026 stood at 115.68% (up 1723.0% YoY), while the FY2025 annual figure was 120.82%, down 560.0% from the prior year.
- Net Margin came in at 137.17% for Q3 2026 at Fuelcell Energy, up from 221.16% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 52.39% in Q1 2023 to a low of 221.16% in Q2 2026.
- Average Net Margin over 5 years is 122.35%, with a median of 123.38% recorded in 2024.
- Year-over-year, Net Margin soared 18403 bps in 2022 and tumbled 11730 bps in 2026.
- Over 5 years, Net Margin stood at 110.37% in 2022, then decreased by 26 bps to 138.74% in 2023, then surged by 38 bps to 85.59% in 2024, then surged by 35 bps to 55.74% in 2025, then tumbled by 146 bps to 137.17% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 137.17% in Q3 2026, 221.16% in Q2 2026, and 77.5% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bloom Energy | 74.04 Bn | 71.37 Bn | 355.57 Mn | 18.42% |
| 2 | Fuelcell Energy | 33.44 Bn | 32.78 Bn | -24.50 Mn | -137.17% |
| 3 | Ballard Power Systems | 667.85 Mn | 162.70 Mn | 4.08 Mn | -98.21% |
| 4 | Sunhydrogen | 89.43 Mn | 89.43 Mn | -45,724.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | -137.17% |
| Apr 30, 2026 | -221.16% |
| Jan 31, 2026 | -77.50% |
| Oct 31, 2025 | -55.74% |
| Jul 31, 2025 | -197.80% |
| Apr 30, 2025 | -103.86% |
| Jan 31, 2025 | -153.32% |
| Oct 31, 2024 | -85.59% |
| Jul 31, 2024 | -141.21% |
| Apr 30, 2024 | -146.92% |
| Jan 31, 2024 | -123.38% |
| Oct 31, 2023 | -138.74% |
| Jul 31, 2023 | -98.31% |
| Apr 30, 2023 | -91.54% |
| Jan 31, 2023 | -52.39% |
| Oct 31, 2022 | -110.37% |
| Jul 31, 2022 | -70.10% |
| Apr 30, 2022 | -189.31% |
| Jan 31, 2022 | -130.28% |
| Oct 31, 2021 | -179.27% |