Fuelcell Energy Inc (FCELB) Revenue (2010 - 2026)
Fuelcell Energy's Revenue came in at $33 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 29.4% from $46.74 million a year earlier and down 7.3% from the prior quarter.
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Analysis
Fuelcell Energy Inc (FCELB) Revenue (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Fuelcell Energy reported Revenue of $154.14 million, up 1.1% year-over-year; for FY2025 (ended Oct 31, 2025), it was $158.16 million, up 41.0% from FY2024.
- Revenue carries a five-year compound annual growth rate of 17.4% (FY2020 to FY2025).
- Going back by fiscal year, Revenue was $112.13 million in FY2024 (-9.1%), $123.39 million in FY2023 (-5.4%), $130.48 million in FY2022 (+87.5%) and $69.59 million in FY2021 (-1.8%).
- The five-year range for quarterly Revenue is $13.94 million (fiscal Q4 2021) to $55.02 million (fiscal Q4 2025).
- Year-over-year, Revenue increased in six of the last eight quarters, with growth averaging 41.9%.
- The fastest year-over-year change in Revenue over five years came in fiscal Q4 2022 (growth of 181.3%), and the weakest in fiscal Q1 2024 (a decline of 55.0%).
- Business Quant data shows FCELB's Revenue at $35.59 million (Q2 2026), $30.53 million (Q1 2026) and $55.02 million (Q4 2025) in the three fiscal quarters before Q3 2026.
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Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 33.00 Mn |
| 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 |
API Access
Fuelcell Energy Inc Revenue 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=revenue&ticker=FCELB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "revenue", "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=revenue&ticker=FCELB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();