FuelCell Energy, Inc. (FCEL)

FuelCell Energy Revenue

FuelCell Energy had revenue of $33.00M in the quarter ending July 31, 2026, a decrease of -29.40%. This brings the company's total for the last twelve months to $154.14M, up 1.09% year-over-year. In the fiscal year ending October 31, 2025, FuelCell Energy had annual revenue of $158.16M with 41.05% growth. That makes FuelCell Energy the 19,389th largest company in the world by revenue and 3,041st in the United States.

• Revenue (ttm): $154.14M
• Revenue Growth: +1.09%
• P/S Ratio: 6.01
• Revenue / Employee: $245,051
• Employees: 629
• Market Cap: 888.29M

Revenue Chart

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Revenue by Geography

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• United States 82.40M 52.1%
• South Korea 75.22M 47.6%
• Europe 428.00K 0.3%
• Canada 115.00K 0.1%

Fiscal year ended Oct 31, 2025 See the full FuelCell Energy breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Oct 31, 2025	158.16M	46.03M	41.05%
Oct 31, 2024	112.13M	-11.26M	-9.13%
Oct 31, 2023	123.39M	-7.09M	-5.43%
Oct 31, 2022	130.48M	60.90M	87.52%
Oct 31, 2021	69.59M	-1.29M	-1.81%
Oct 31, 2020	70.87M	10.12M	16.66%
Oct 31, 2019	60.75M	-28.69M	-32.07%
Oct 31, 2018	89.44M	-6.23M	-6.51%
Oct 31, 2017	95.67M	-12.59M	-11.63%
Oct 31, 2016	108.25M	-54.83M	-33.62%
Oct 31, 2015	163.08M	-17.22M	-9.55%
Oct 31, 2014	180.29M	-7.37M	-3.92%
Oct 31, 2013	187.66M	67.06M	55.60%
Oct 31, 2012	120.60M	-1.97M	-1.60%
Oct 31, 2011	122.57M	52.79M	75.66%
Oct 31, 2010	69.78M	-18.24M	-20.72%
Oct 31, 2009	88.02M	-12.72M	-12.63%
Oct 31, 2008	100.74M	52.50M	108.85%
Oct 31, 2007	48.23M	14.95M	44.90%
Oct 31, 2006	33.29M	2.92M	9.61%
Oct 31, 2005	30.37M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Sep 2, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue geography data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Oct 19, 2026

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