Fuelcell Energy Inc (FCELB) Net Margin (2010 - 2026)
Fuelcell Energy (FCELB) posted Net Margin of -137.17% for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 60.63 percentage points from -197.80% a year earlier and up 83.99 percentage points from the prior quarter.
Fuelcell Energy Inc (FCELB) Net Margin (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Net Margin at Fuelcell Energy was -115.68%, up 17.23 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it was -120.82%, down 5.60 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +9.61 percentage points (FY2020 to FY2025).
- In prior fiscal years, Fuelcell Energy's Net Margin was -115.23% in FY2024 (-25.46 pp), -89.77% in FY2023 (+22.06 pp), -111.83% in FY2022 (+37.99 pp) and -149.82% in FY2021 (-19.39 pp).
- Quarterly Net Margin has run from a low of -221.16% in fiscal Q2 2026 to a high of -52.39% in fiscal Q1 2023 over five years.
- On a year-over-year basis, Net Margin increased in five of the last eight quarters, with an average year-over-year change of +7.34 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q1 2022, with a gain of 184.03 percentage points; the weakest was fiscal Q2 2026, with a drop of 117.30 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was -221.16% (Q2 2026), -77.50% (Q1 2026) and -55.74% (Q4 2025).
Peer Comparison
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% |
Fuelcell Energy Inc Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=FCELB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "FCELB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();