Fuelcell Energy (FCELB) Revenue (2010 - 2026)
Fuelcell Energy's (FCELB) quarterly Revenue came in at $30.5 million in Q1 2026, up 60.71% year-on-year from $19.0 million in Q1 2025, and down 44.51% quarter-over-quarter from $55.0 million in Q4 2025.
Fuelcell Energy (FCELB) Revenue (2010 - 2026) Analysis & Trends
Fuelcell Energy has disclosed Revenue across 17 years of filings, most recently posting $30.5 million for Q1 2026.
- Revenue for Q1 2026 came in at $30.5 million, up 60.71% year-over-year; the trailing twelve-month figure through Jan 2026 was $169.7 million (up 48.29% YoY), and the FY2025 annual result was $158.2 million, up 41.05% from the prior year.
- Revenue came in at $30.5 million for Q1 2026 at Fuelcell Energy, down from $55.0 million in the prior quarter.
- In the past five years, Revenue ranged from a high of $55.0 million in Q4 2025 to a low of $16.4 million in Q2 2022.
- The 5-year median for Revenue is $31.8 million (2022), against an average of $32.6 million.
- Across the five-year window, Revenue soared 181.31% in 2022 and sank 54.98% in 2024, its largest moves.
- Fuelcell Energy's Revenue stood at $39.2 million in 2022, then plunged by 42.7% to $22.5 million in 2023, then soared by 119.6% to $49.3 million in 2024, then advanced by 11.54% to $55.0 million in 2025, then tumbled by 44.51% to $30.5 million in 2026.
- The last three Revenue figures came in at $30.5 million (Q1 2026), $55.0 million (Q4 2025), and $46.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Novonix | 395.03 Bn | 394.98 Bn | - | - |
| 2 | Vertiv Holdings | 110.52 Bn | 108.02 Bn | 999.70 Mn | 2.65 Bn |
| 3 | Bloom Energy | 73.12 Bn | 70.66 Bn | 225.54 Mn | 751.05 Mn |
| 4 | nVent Electric | 26.38 Bn | 26.19 Bn | 445.60 Mn | 1.24 Bn |
| 5 | Hubbell | 25.79 Bn | 25.28 Bn | 505.30 Mn | 1.52 Bn |
| 6 | Advanced Energy Industries | 11.69 Bn | 11.69 Bn | 200.90 Mn | 511.00 Mn |
| 7 | Ballard Power Systems | 11.51 Bn | 10.98 Bn | 5.64 Mn | 33.64 Mn |
| 8 | Powell Industries | 10.32 Bn | 9.77 Bn | 87.94 Mn | 296.62 Mn |
| 9 | Acuity Inc. (De) | 9.21 Bn | 8.94 Bn | 520.40 Mn | 1.06 Bn |
| 10 | Fuelcell Energy | - | - | -12.93 Mn | 35.59 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 35.59 Mn |
| Jan 31, 2026 | 30.53 Mn |
| Oct 31, 2025 | 55.02 Mn |
| Jul 31, 2025 | 46.74 Mn |
| Apr 30, 2025 | 37.41 Mn |
| Jan 31, 2025 | 19.00 Mn |
| Oct 31, 2024 | 49.33 Mn |
| Jul 31, 2024 | 23.70 Mn |
| Apr 30, 2024 | 22.42 Mn |
| Jan 31, 2024 | 16.69 Mn |
| Oct 31, 2023 | 22.46 Mn |
| Jul 31, 2023 | 25.51 Mn |
| Apr 30, 2023 | 38.35 Mn |
| Jan 31, 2023 | 37.07 Mn |
| Oct 31, 2022 | 39.20 Mn |
| Jul 31, 2022 | 43.10 Mn |
| Apr 30, 2022 | 16.38 Mn |
| Jan 31, 2022 | 31.80 Mn |
| Oct 31, 2021 | 13.94 Mn |
| Jul 31, 2021 | 26.82 Mn |