What is FuelCell Energy's total revenue?

FuelCell Energy (FCEL) reported total revenue of $35.59M in Q1 2026.

How has FuelCell Energy's total revenue changed year-over-year?

FuelCell Energy's total revenue decreased by 4.9% year-over-year, from $37.41M to $35.59M.

What is the long-term trend for FuelCell Energy's total revenue?

Over 4 years (2021 to 2025), FuelCell Energy's total revenue has grown at a 22.8% compound annual growth rate (CAGR), from $69.59M to $158.16M.

What does total revenue mean?

The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

FuelCell Energy FCEL Total Revenue

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Segments

By geography

See full

US$23.47M+8.0%

KR$13.83M+142%

CA$115K+10.8%

By product

See full

Electricity Generation$8.68M-28.4%

Advanced Technologies$4.72M+14.7%

Service$4.18M-48.7%

Other financials

Income statement

See full

Gross profit-$12.9M-37.0%

Operating income-$77.9M-118%

Net income-$77.9M-105%

EPS (diluted)-$1.45+19.0%

Balance sheet

See full

Cash & equivalents$373.2M+222%

Total debt$30.2M+14.7%

Total equity$719.4M+18.1%

Total assets$1.0B+13.5%

Cash flow

See full

Operating cash flow-$27.3M+8.7%

CapEx$1.7M-67.7%

Free cash flow-$29.0M+17.5%

Valuation

See full

Market cap$1.33B+878%

Enterprise value$985.49M+2,040%

P/S7.9×+6.9×

Profitability

See full

Gross margin-18.2%-3.7pp

Operating margin-135.7%+39.6pp

Net margin-132.4%+37.4pp

FCF margin-71.3%-22.3pp

Returns & leverage

See full

Return on equity-33.5%+31.9pp

Debt / equity0×0.0×

Current ratio8.6×+3.0×

Where this comes from

Reported directly by FuelCell Energy in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: FuelCell Energy’s 10-Q, filed June 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is FuelCell Energy's total revenue?: FuelCell Energy (FCEL) reported total revenue of $35.59M in Q1 2026.
How has FuelCell Energy's total revenue changed year-over-year?: FuelCell Energy's total revenue decreased by 4.9% year-over-year, from $37.41M to $35.59M.
What is the long-term trend for FuelCell Energy's total revenue?: Over 4 years (2021 to 2025), FuelCell Energy's total revenue has grown at a 22.8% compound annual growth rate (CAGR), from $69.59M to $158.16M.
What does total revenue mean?: The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.