Fuelcell Energy Inc (FCELB) Operating Margin (2010 - 2026)
Fuelcell Energy (FCELB) posted Operating Margin of 218.92% for Q2 2026, down 154.24% sequentially from 86.11% in Q1 2026, and down 12319.0% YoY from N/an in Q2 2025.
Fuelcell Energy Inc (FCELB) Operating Margin (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Operating Margin for 17 years, with the latest figure at 218.92% in Q2 2026.
- Quarterly Operating Margin fell 12319.0% year-over-year to 218.92% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 135.75% (down 2502.0% YoY) and the FY2025 annual result came in at 121.61%, up 1973.0% from the prior year.
- Operating Margin fell to 218.92% in Q2 2026 per FCELB's latest filing, from 86.11% in the prior quarter.
- Over five years, Operating Margin peaked at 51.48% in Q4 2025 and troughed at 254.5% in Q1 2024.
- A 5-year average of 136.59% and a median of 141.46% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin slumped 19393 bps in 2024, then surged 8875 bps in 2025.
- Over 5 years, Operating Margin stood at 108.84% in 2022, then sank by 49 bps to 161.94% in 2023, then surged by 49 bps to 83.19% in 2024, then jumped by 38 bps to 51.48% in 2025, then tumbled by 325 bps to 218.92% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 218.92%, 86.11%, and 51.48% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -218.92% |
| Jan 31, 2026 | -86.11% |
| Oct 31, 2025 | -51.48% |
| Jul 31, 2025 | -204.02% |
| Apr 30, 2025 | -95.73% |
| Jan 31, 2025 | -172.93% |
| Oct 31, 2024 | -83.19% |
| Jul 31, 2024 | -141.87% |
| Apr 30, 2024 | -184.48% |
| Jan 31, 2024 | -254.50% |
| Oct 31, 2023 | -161.94% |
| Jul 31, 2023 | -162.27% |
| Apr 30, 2023 | -93.50% |
| Jan 31, 2023 | -60.57% |
| Oct 31, 2022 | -108.84% |
| Jul 31, 2022 | -64.95% |
| Apr 30, 2022 | -172.22% |
| Jan 31, 2022 | -141.04% |
| Oct 31, 2021 | -161.85% |
| Jul 31, 2021 | -39.47% |