FuelCell Energy FCEL Business Segments
| TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenue by Product | ||||||
| Advanced Technologies | $19.81M+3.1% | $19.2M-6.9% | $20.62M-3.9% | $21.47M-13.6% | $24.84M-10.2% | |
| Electricity Generation | $44.21M-7.2% | $47.66M-0.7% | $48.01M+0.5% | $47.79M-2.1% | $48.83M-3.9% | |
| Service | $17.77M-18.3% | $21.74M+6.6% | $20.4M+9.1% | $18.69M+10.1% | $16.98M+66.4% | |
| Revenue Remaining Performance Obligation by Product | ||||||
| Advanced Technologies | $22.8M-11.6% | $25.8M-14.3% | $30.1M-11.5% | $34M-10.1% | $37.8M-14.3% | |
| Electricity Generation | $1.49B-0.8% | $1.51B-1.0% | $1.52B+15.2% | $1.32B-1.3% | $1.34B+3.7% | |
| Service | $646.6M-1.4% | $655.6M-1.9% | $668.5M-25.3% | $895.1M-1.0% | $904.1M+2.2% | |
| Cost of Goods Sold by Product | ||||||
| Advanced Technologies | $13.58M-3.0% | $13.99M-7.4% | $15.12M-3.9% | $15.72M-11.2% | $17.71M-4.1% | |
| Electricity Generation | $66.41M+5.8% | $62.77M-1.9% | $63.97M-5.7% | $67.82M-4.8% | $71.25M-4.1% | |
| Service | $18.21M-23.4% | $23.79M+5.1% | $22.63M+6.9% | $21.17M+13.4% | $18.68M+71.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does FuelCell Energy break its business down?
- FuelCell Energy (FCEL) reports revenue by product across 3 parts — Advanced Technologies, Electricity Generation and Service. Each is extracted from the segment footnotes and tracked over time.
- Where does FuelCell Energy's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in FuelCell Energy's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
