FuelCell Energy (FCEL) Revenue & Revenue Breakdown
FuelCell Energy Revenue Highlights
Latest Revenue (Y)
$123.39M
Latest Revenue (Q)
$22.42M
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
FuelCell Energy Revenue by Period
FuelCell Energy Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-10-31 | $123.39M | -5.43% |
| 2022-10-31 | $130.48M | 87.52% |
| 2021-10-31 | $69.58M | -1.81% |
| 2020-10-31 | $70.87M | 16.66% |
| 2019-10-31 | $60.75M | -32.07% |
| 2018-10-31 | $89.44M | -6.51% |
| 2017-10-31 | $95.67M | -11.63% |
| 2016-10-31 | $108.25M | -33.62% |
| 2015-10-31 | $163.08M | -9.55% |
| 2014-10-31 | $180.29M | -3.92% |
| 2013-10-31 | $187.66M | 55.60% |
| 2012-10-31 | $120.60M | -1.60% |
| 2011-10-31 | $122.57M | 75.66% |
| 2010-10-31 | $69.78M | -20.72% |
| 2009-10-31 | $88.02M | -12.63% |
| 2008-10-31 | $100.73M | 108.85% |
| 2007-10-31 | $48.23M | 44.90% |
| 2006-10-31 | $33.29M | 9.61% |
| 2005-10-31 | $30.37M | -3.24% |
| 2004-10-31 | $31.39M | -7.11% |
| 2003-10-31 | $33.79M | -18.05% |
| 2002-10-31 | $41.23M | 57.50% |
| 2001-10-31 | $26.18M | 26.38% |
| 2000-10-31 | $20.71M | 3.58% |
| 1999-10-31 | $20.00M | -17.70% |
| 1998-10-31 | $24.30M | -2.02% |
| 1997-10-31 | $24.80M | -15.65% |
| 1996-10-31 | $29.40M | -13.53% |
| 1995-10-31 | $34.00M | 12.96% |
| 1994-10-31 | $30.10M | 35.59% |
| 1993-10-31 | $22.20M | - |
FuelCell Energy generated $123.39M in revenue during NA 2023, up -5.43% compared to the previous quarter, and up 137.97% compared to the same period a year ago.
FuelCell Energy Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-04-30 | $22.42M | 34.32% |
| 2024-01-31 | $16.69M | -25.69% |
| 2023-10-31 | $22.46M | -11.95% |
| 2023-07-31 | $25.51M | -33.48% |
| 2023-04-30 | $38.35M | 3.44% |
| 2023-01-31 | $37.07M | -5.43% |
| 2022-10-31 | $39.20M | -9.05% |
| 2022-07-31 | $43.10M | 163.09% |
| 2022-04-30 | $16.38M | -48.47% |
| 2022-01-31 | $31.80M | 128.17% |
| 2021-10-31 | $13.94M | -48.04% |
| 2021-07-31 | $26.82M | 92.22% |
| 2021-04-30 | $13.95M | -6.21% |
| 2021-01-31 | $14.88M | -12.48% |
| 2020-10-31 | $17.00M | -9.23% |
| 2020-07-31 | $18.73M | -0.81% |
| 2020-04-30 | $18.88M | 16.08% |
| 2020-01-31 | $16.26M | 47.31% |
| 2019-10-31 | $11.04M | -51.39% |
| 2019-07-31 | $22.71M | 146.44% |
| 2019-04-30 | $9.22M | -48.18% |
| 2019-01-31 | $17.78M | -0.56% |
| 2018-10-31 | $17.88M | 47.68% |
| 2018-07-31 | $12.11M | -41.86% |
| 2018-04-30 | $20.83M | -46.05% |
| 2018-01-31 | $38.61M | -19.37% |
| 2017-10-31 | $47.89M | 362.34% |
| 2017-07-31 | $10.36M | -49.27% |
| 2017-04-30 | $20.42M | 20.09% |
| 2017-01-31 | $17.00M | -30.53% |
| 2016-10-31 | $24.47M | 12.70% |
| 2016-07-31 | $21.72M | -24.02% |
| 2016-04-30 | $28.58M | -14.64% |
| 2016-01-31 | $33.48M | -34.92% |
| 2015-10-31 | $51.45M | 24.41% |
| 2015-07-31 | $41.36M | 44.60% |
| 2015-04-30 | $28.60M | -31.37% |
| 2015-01-31 | $41.67M | -23.41% |
| 2014-10-31 | $54.41M | 26.02% |
| 2014-07-31 | $43.18M | 12.81% |
| 2014-04-30 | $38.27M | -13.86% |
| 2014-01-31 | $44.43M | -19.44% |
| 2013-10-31 | $55.16M | 2.70% |
| 2013-07-31 | $53.71M | 26.56% |
| 2013-04-30 | $42.44M | 16.72% |
| 2013-01-31 | $36.36M | 2.65% |
| 2012-10-31 | $35.42M | 19.29% |
| 2012-07-31 | $29.69M | 22.94% |
| 2012-04-30 | $24.15M | -22.92% |
| 2012-01-31 | $31.34M | -9.75% |
| 2011-10-31 | $34.72M | 11.43% |
| 2011-07-31 | $31.16M | 8.92% |
| 2011-04-30 | $28.61M | 1.88% |
| 2011-01-31 | $28.08M | 42.53% |
| 2010-10-31 | $19.70M | 4.39% |
| 2010-07-31 | $18.87M | 13.78% |
| 2010-04-30 | $16.59M | 13.49% |
| 2010-01-31 | $14.62M | -28.40% |
| 2009-10-31 | $20.41M | -11.32% |
| 2009-07-31 | $23.02M | 0.67% |
| 2009-04-30 | $22.86M | 5.25% |
| 2009-01-31 | $21.72M | -16.99% |
| 2008-10-31 | $26.17M | -6.22% |
| 2008-07-31 | $27.90M | -11.82% |
| 2008-04-30 | $31.64M | 110.69% |
| 2008-01-31 | $15.02M | - |
FuelCell Energy generated $22.42M in revenue during Q2 2024, up 34.32% compared to the previous quarter, and up 60.48% compared to the same period a year ago.
FuelCell Energy Revenue Breakdown
FuelCell Energy Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Oct 22 | Oct 20 | Oct 19 | Oct 18 |
|---|---|---|---|---|
| Product | $9.10M | $481.00K | - | - |
| Advanced Technologies | - | $25.80M | $19.62M | $14.02M |
| Electricity Generation | - | $19.94M | $14.03M | $7.17M |
| License And Service | - | $25.13M | $26.62M | - |
FuelCell Energy's latest annual revenue breakdown by segment (product or service), as of Oct 22: Product (100.00%).
Quarterly Revenue by Product
| Product/Service | Apr 24 | Jan 24 | Jul 22 | Apr 22 | Jan 22 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | Jul 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advanced Technologies | $14.20M | $18.30M | $6.25M | $7.11M | $5.07M | $6.42M | $6.89M | $7.28M | $5.21M | $4.33M | $5.77M | $4.99M | $4.53M | $3.71M | $3.54M | - | - | - |
| Generation | $335.30M | $346.00M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Product | $12.30M | - | $38.30M | $60.20M | $60.20M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | $1.37M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| License And Service | - | - | - | - | - | $14.34M | $660.00K | $4.91M | $5.44M | $7.11M | $6.97M | $5.61M | $752.00K | $11.50M | $2.60M | $11.77M | - | - |
| Electricity Generation | - | - | - | - | - | $6.23M | $6.18M | $4.89M | $5.15M | $4.72M | $4.63M | $5.44M | $5.47M | $5.45M | $1.63M | $1.48M | $1.84M | $1.70M |
FuelCell Energy's latest quarterly revenue breakdown by segment (product or service), as of Apr 24: Generation (92.33%), Advanced Technologies (3.91%), Product (3.39%), and Service (0.38%).
FuelCell Energy Revenue Breakdown by Country
Annual Revenue by Country
| Country | Oct 20 | Oct 19 | Oct 18 |
|---|---|---|---|
| KOREA, REPUBLIC OF | $2.06M | $2.69M | $36.28M |
| GERMANY | $414.00K | $359.00K | $1.79M |
| UNITED STATES | $67.75M | $56.21M | $50.95M |
| SWITZERLAND | $623.00K | - | - |
| CANADA | - | - | $23.00K |
FuelCell Energy's latest annual revenue breakdown by geography, as of Oct 20: UNITED STATES (95.63%), KOREA, REPUBLIC OF (2.91%), SWITZERLAND (0.88%), and GERMANY (0.58%).
Quarterly Revenue by Country
| Country | Jul 22 | Apr 22 | Jan 22 | Jul 21 | Apr 21 | Jan 21 | Oct 20 | Jul 20 | Apr 20 | Jan 20 | Oct 19 | Jul 19 | Apr 19 | Jan 19 | Oct 18 | Jul 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | $38.30M | $60.20M | $60.20M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| License And Service | - | - | - | $14.34M | $660.00K | $4.91M | $5.44M | $7.11M | $6.97M | $5.61M | $752.00K | $11.50M | $2.60M | $11.77M | - | - |
| Electricity Generation | - | - | - | $6.23M | $6.18M | $4.89M | $5.15M | $4.72M | $4.63M | $5.44M | $5.47M | $5.45M | $1.63M | $1.48M | $1.84M | $1.70M |
| Advanced Technologies | - | - | - | $6.25M | $7.11M | $5.07M | $6.42M | $6.89M | $7.28M | $5.21M | $4.33M | $5.77M | $4.99M | $4.53M | $3.71M | $3.54M |
FuelCell Energy's latest quarterly revenue breakdown by geography, as of Jul 22: Product (100.00%).
FuelCell Energy Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| BE | Bloom Energy | $1.33B | $335.77M |
| MVST | Microvast | $306.62M | $83.67M |
| FCEL | FuelCell Energy | $123.39M | $22.42M |
| PPSI | Pioneer Power Solutions | $40.80M | $7.72M |
| SLDP | Solid Power | $17.41M | $5.08M |
| EOSE | Eos Energy Enterprises | $16.38M | $898.00K |
| POLA | Polar Power | $15.29M | $4.66M |
| ENVX | Enovix | $263.00K | $200.00K |
| FREY | FREYR Battery | - | - |
| PLUG | Plug Power | - | $143.35M |
FCEL Revenue FAQ
What is FuelCell Energy’s yearly revenue?
FuelCell Energy's yearly revenue for 2023 was $123.39M, representing a decrease of -5.43% compared to 2022. The company's yearly revenue for 2022 was $130.48M, representing an increase of 87.52% compared to 2021. FCEL's yearly revenue for 2021 was $69.58M, representing a decrease of -1.81% compared to 2020.
What is FuelCell Energy’s quarterly revenue?
FuelCell Energy's quarterly revenue for Q2 2024 was $22.42M, a 34.32% increase from the previous quarter (Q1 2024), and a -41.54% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $16.69M, a -25.69% decrease from the previous quarter (Q4 2023), and a -54.98% decrease year-over-year (Q1 2023). FCEL's quarterly revenue for Q4 2023 was $22.46M, a -11.95% decrease from the previous quarter (Q3 2023), and a -42.70% decrease year-over-year (Q4 2022).
What is FuelCell Energy’s revenue growth rate?
FuelCell Energy's revenue growth rate for the last 3 years (2021-2023) was 77.33%, and for the last 5 years (2019-2023) was 103.11%.
What are FuelCell Energy’s revenue streams?
FuelCell Energy's revenue streams in t 22 are Product
What is FuelCell Energy’s main source of revenue?
For the fiscal year ending Oct 22, the largest source of revenue of FuelCell Energy was Product. This segment made a revenue of $9.1M, representing 100.00% of the company's total revenue.