Fuelcell Energy (FCELB) Tax Rate (2010 - 2026)

Fuelcell Energy's (FCELB) quarterly Tax Rate came in at 0.06% in Q4 2025, up 4.0% year-on-year from 0.06% in Q4 2024, and up 246.52% quarter-over-quarter from 0.04% in Q3 2025.

Fuelcell Energy (FCELB) Tax Rate (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Tax Rate across 16 years of filings, most recently posting 0.06% for Q4 2025.

  • Tax Rate for Q4 2025 came in at 0.06%, up 4.0% year-over-year; the trailing twelve-month figure through Oct 2025 was 0.06% (up 24.0% YoY), and the FY2025 annual result was 0.05%, up 14.0% from the prior year.
  • Tax Rate came in at 0.06% for Q4 2025 at Fuelcell Energy, up from 0.04% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 0.06% in Q4 2025 to a low of 2.82% in Q1 2023.
  • The 5-year median for Tax Rate is 0.01% (2023), against an average of 0.42%.
  • Across the five-year window, Tax Rate slumped 168 bps in 2022 and soared 76 bps in 2023, its largest moves.
  • Fuelcell Energy's Tax Rate stood at 0.0% in 2021, then plunged by 14846 bps to 0.73% in 2022, then soared by 104 bps to 0.03% in 2023, then dropped by 3 bps to 0.03% in 2024, then soared by 130 bps to 0.06% in 2025.
  • The last three Tax Rate figures came in at 0.06% (Q4 2025), 0.04% (Q3 2025), and 0.22% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Novonix 395.03 Bn 394.98 Bn - -
2 Vertiv Holdings 110.52 Bn 108.02 Bn 999.70 Mn 11.00%
3 Bloom Energy 73.12 Bn 70.66 Bn 225.54 Mn 0.54%
4 nVent Electric 26.38 Bn 26.19 Bn 445.60 Mn 20.63%
5 Hubbell 25.79 Bn 25.28 Bn 505.30 Mn 22.59%
6 Advanced Energy Industries 11.69 Bn 11.69 Bn 200.90 Mn 3.86%
7 Ballard Power Systems 11.51 Bn 10.98 Bn 5.64 Mn -0.15%
8 Powell Industries 10.32 Bn 9.77 Bn 87.94 Mn 25.73%
9 Acuity Inc. (De) 9.21 Bn 8.94 Bn 520.40 Mn 21.24%
10 Fuelcell Energy - - -12.93 Mn 0.06%

Historic Data

Download Data
DateValue
Apr 30, 2026 0.06%
Apr 30, 2026 0.06%
Oct 31, 2025 -0.04%
Oct 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Jul 31, 2025 -0.04%
Apr 30, 2025 -0.22%
Apr 30, 2025 -0.22%
Oct 31, 2024 0.03%
Oct 31, 2024 0.03%
Jul 31, 2024 -0.01%
Jul 31, 2024 -0.01%
Apr 30, 2023 -0.01%
Apr 30, 2023 -0.01%
Jan 31, 2023 -2.82%
Jan 31, 2023 -2.82%
Oct 31, 2022 0.31%
Oct 31, 2022 0.31%
Jul 31, 2022 -1.73%
Jul 31, 2022 -1.73%