Company / Revenue
FUELCELL ENERGY INC Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Revenue
$123.4M
FY2025
5-year range
$60.8M / $130.5M
FY2021-FY2025
Trend
-5.4%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Revenue has fluctuated over the past 10 years, ranging from $61M in FY2021 to $180M in FY2016.
Based on SEC 10-K filings.
$123M in FY2025 with a 5-year CAGR of +6.6%.
Improved from $70M to $123M over the past 2 years.
Revenue over time
Growth rates
- 3-Year CAGR
- +20.3%
- 5-Year CAGR
- +6.6%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +6.6%, indicating consistent growth.
- In FY2025, revenue decreased 5.4% year-over-year.
- Peak revenue was recorded in FY2016.
- Lowest revenue in the period was in FY2021.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 1.00 (distress zone, below 1.8 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $123.4M | -5.4% |
| FY2024 | $130.5M | +87.5% |
| FY2023 | $69.6M | -1.8% |
| FY2022 | $70.9M | +16.7% |
| FY2021 | $60.8M | -32.1% |
| FY2020 | $89.4M | -6.5% |
| FY2019 | $95.7M | -11.6% |
| FY2018 | $108.3M | -33.6% |
| FY2017 | $163.1M | -9.5% |
| FY2016 | $180.3M | -3.9% |
As of FY2025 · SEC 10-K · Updated Jun 24, 2026