Fuelcell Energy
FCEL

Fuelcell Energy (FCEL) earnings history

Most recent quarter

Period end
Jul 31, 2026
EPS actual
−$0.64
EPS estimate
−$0.41
EPS surprise
−55.23%
Revenue
$33.0M
Reported
Sep 2, 2026

FuelCell Energy reported fiscal Q3 2026 results on September 2, 2026. It posted a loss of $0.64 per share, wider than the $0.41 loss expected, a 55.23% miss. Revenue was $33.0 million, below the $38.8 million estimate. Compared with fiscal Q3 2025, the loss narrowed from $3.78 per share, while revenue fell 29.3% from $46.7 million.

Every quarter in the table is a loss. The annual loss per share was $11.40 in fiscal 2022, $8.10 in 2023, $7.91 in 2024 and $7.84 in 2025. The first three quarters of fiscal 2026 lost $2.58 per share, against $6.99 a year earlier. The $3.78 loss in Q3 2025 is the largest in the table, and the $0.49 loss in Q1 2026 the smallest. Revenue has swung widely, from $13.9 million in Q4 2021 to a high of $55.0 million in Q4 2025. Over the last 20 quarters, FuelCell Energy beat EPS estimates 9 times and missed 11 times.

FuelCell Energy reported fiscal Q4 between December 18 and December 29 in each of the past five years, which points to the second half of December 2026. The report will complete fiscal 2026 and show the full-year loss against $7.84 per share in 2025.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q3 2026Sep 2, 2026−$0.41−$0.64−55.23%$33.0MSEC
Q2 2026Jun 8, 2026−$0.52−$1.45−179.06%$35.6MSEC
Q1 2026Mar 9, 2026−$0.66−$0.49+25.76%$30.5MSEC
Q4 2025Dec 18, 2025−$1.07−$0.85+20.29%$55.0MSEC
Q3 2025Sep 9, 2025−$1.44−$3.78−162.10%$46.7MSEC
Q2 2025Jun 6, 2025−$1.43−$1.79−24.90%$37.4MSEC
Q1 2025Mar 11, 2025−$1.48−$1.42+3.94%$19.0MSEC
Q4 2024Dec 19, 2024−$1.73−$2.21−27.60%$49.3MSEC
Q3 2024Sep 5, 2024−$2.18−$2.10+3.89%$23.7MSEC
Q2 2024Jun 10, 2024−$2.28−$2.10+7.81%$22.4MSEC
Q1 2024Mar 7, 2024−$2.29−$1.50+34.45%$16.7MSEC
Q4 2023Dec 19, 2023−$2.49−$2.10+15.64%$22.5MSEC
Q3 2023Sep 11, 2023−$2.31−$1.80+22.12%$25.5MSEC
Q2 2023Jun 8, 2023−$2.29−$2.70−17.79%$38.3MSEC
Q1 2023Mar 9, 2023−$2.10−$1.50+28.73%$37.1MSEC
Q4 2022Dec 20, 2022−$1.94−$3.30−70.31%$39.2MSEC
Q3 2022Sep 8, 2022−$1.71−$2.40−40.15%$43.1MSEC
Q2 2022Jun 9, 2022−$1.63−$2.40−46.94%$16.4MSEC
Q1 2022Mar 10, 2022−$1.50−$3.30−120.00%$31.8MSEC
Q4 2021Dec 29, 2021−$0.86−$2.10−143.48%$13.9MSEC

Quarterly revenue

Q4 2021
$13.9M
Q1 2022
$31.8M
Q2 2022
$16.4M
Q3 2022
$43.1M
Q4 2022
$39.2M
Q1 2023
$37.1M
Q2 2023
$38.3M
Q3 2023
$25.5M
Q4 2023
$22.5M
Q1 2024
$16.7M
Q2 2024
$22.4M
Q3 2024
$23.7M
Q4 2024
$49.3M
Q1 2025
$19.0M
Q2 2025
$37.4M
Q3 2025
$46.7M
Q4 2025
$55.0M
Q1 2026
$30.5M
Q2 2026
$35.6M
Q3 2026
$33.0M

Frequently asked questions

  • When did Fuelcell Energy (FCEL) last report earnings?

    Fuelcell Energy last reported on Sep 2, 2026, covering fiscal Q3 2026.

  • Did FCEL beat earnings estimates?

    No. Fuelcell Energy reported EPS of −$0.64 for Q3 2026 against a −$0.41 estimate — a 55.23% miss.

  • How much revenue did FCEL report last quarter?

    Fuelcell Energy reported $33.0M in revenue for Q3 2026, against a consensus estimate of $38.8M.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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