Companies: 10,795·Total market cap: $144.5T
FuelCell Energy, Inc.

FuelCell Energy, Inc.

FCELNASDAQIndustrials● Active
$16.18
$-1.15(-6.64%)
Market Cap$857181872
P/E Ratio
52W High$27.69
52W Low$3.78

FuelCell Energy, Inc. (FCEL) Revenue

Annual & quarterly revenue history · segment & region breakdown

FCEL · revenue · updated Jun 8, 2026

Core revenue metrics

FuelCell Energy, Inc. trailing twelve-month (TTM) revenue is $0.17B, an increase of 41.05% year-over-year from $0.16B in FY2025.

TTM revenue
$0.17B
4-quarter sum · USD
YoY growth
+41.05%
vs FY2025 $0.16B
Price / sales
5.11×
mktCap ÷ TTM rev
Revenue per day
$0M
Est. TTM ÷ 365
Revenue / employee
$287K
584 employees
FY2025
$0.16B
FY2024
$0.11B
5Y CAGR
+17.8%
Fiscal year end
Dec 31
Currency
USD · GAAP
Filing
10-K / 10-Q
Source: FMP · FuelCell Energy, Inc. SEC filings · GAAPUpdated: 2026-06-08

Revenue trend

20252006 · Annual
YoY revenue growth %
revenue trend · revenue chart · revenue by year · revenue history

Revenue history

Fiscal year endRevenueChangeGrowth
2025-10-31$0.16B+$0.05B+41.05%
2024-10-31$0.11B-$0.01B-9.13%
2023-10-31$0.12B-$0.01B-5.43%
2022-10-31$0.13B+$0.06B+87.52%
2021-10-31$0.07B-$0.00B-1.81%
2020-10-31$0.07B+$0.01B+16.66%
2019-10-31$0.06B-$0.03B-32.07%
2018-10-31$0.09B-$0.01B-6.51%
2017-10-31$0.10B-$0.01B-11.63%
2016-10-31$0.11B-$0.05B-33.62%
FCEL revenue by year · FCEL revenue history · FCEL annual revenue data

Revenue breakdown

Segment & Geography
By business segment
Total$0.32B
$0.17B53.8%
$0.11B34.8%
$0.03B8.3%
$0.01B3.1%
By geography
Total$0.11B
$0.09B77.6%
$0.02B20.4%
$0.00B1.7%
$0.00B0.4%
Data from FuelCell Energy, Inc. annual 10-K filing · FY ending 2024-10-31
FCEL revenue breakdown · FCEL revenue by segment · FCEL revenue by region

About Revenue & Reporting

Revenue (also called sales, net sales, or turnover) is the total income FuelCell Energy, Inc. receives from its business operations before deducting any costs or expenses. It is the top line of the income statement. Unlike net income or earnings, revenue does not account for operating costs, taxes, interest, or depreciation.

FuelCell Energy, Inc. reports revenue on a fiscal year ending Dec 31 basis under US GAAP, denominated in USD.

Data sourced from FuelCell Energy, Inc.'s 10-K and 10-Q SEC filings via Financial Modeling Prep.

Figures tie to SEC 10-K/10-Q and FMP income-statement endpoints where noted.

Frequently asked questions

FCEL revenue · 4 questions

FCEL's trailing twelve-month (TTM) revenue is $0.17B. That is an increase of 41.05% year-over-year from $0.16B in FY2025.

FCEL revenueFCEL annual revenuewhat is FCEL revenueFCEL TTM revenue

Source: FMP · FuelCell Energy, Inc. SEC filings · GAAP · FuelCell Energy, Inc. SEC 10-K & 10-Q filings · US GAAP · Updated: Jun 8, 2026