Fuelcell Energy FCELB
NASDAQ FCELB
$480.00 -10.00 (-2.04%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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%