FuelCell Energy (FCEL) Revenue & Revenue Breakdown


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FuelCell Energy Revenue Highlights


Latest Revenue (Y)

$123.39M

Latest Revenue (Q)

$23.70M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

FuelCell Energy Revenue by Period


FuelCell Energy Revenue by Year

DateRevenueChange
2023-10-31$123.39M-5.43%
2022-10-31$130.48M87.52%
2021-10-31$69.58M-1.81%
2020-10-31$70.87M16.66%
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$187.66M55.60%
2012-10-31$120.60M-1.60%
2011-10-31$122.57M75.66%
2010-10-31$69.78M-20.72%
2009-10-31$88.02M-12.63%
2008-10-31$100.73M108.85%
2007-10-31$48.23M44.90%
2006-10-31$33.29M9.61%
2005-10-31$30.37M-3.24%
2004-10-31$31.39M-7.11%
2003-10-31$33.79M-18.05%
2002-10-31$41.23M57.50%
2001-10-31$26.18M26.38%
2000-10-31$20.71M3.58%
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$34.00M12.96%
1994-10-31$30.10M35.59%
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

DateRevenueChange
2024-07-31$23.70M5.69%
2024-04-30$22.42M34.32%
2024-01-31$16.69M-25.69%
2023-10-31$22.46M-11.95%
2023-07-31$25.51M-33.48%
2023-04-30$38.35M3.44%
2023-01-31$37.07M-5.43%
2022-10-31$39.20M-9.05%
2022-07-31$43.10M163.09%
2022-04-30$16.38M-48.47%
2022-01-31$31.80M128.17%
2021-10-31$13.94M-48.04%
2021-07-31$26.82M92.22%
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$18.88M16.08%
2020-01-31$16.26M47.31%
2019-10-31$11.04M-51.39%
2019-07-31$22.71M146.44%
2019-04-30$9.22M-48.18%
2019-01-31$17.78M-0.56%
2018-10-31$17.88M47.68%
2018-07-31$12.11M-41.86%
2018-04-30$20.83M-46.05%
2018-01-31$38.61M-19.37%
2017-10-31$47.89M362.34%
2017-07-31$10.36M-49.27%
2017-04-30$20.42M20.09%
2017-01-31$17.00M-30.53%
2016-10-31$24.47M12.70%
2016-07-31$21.72M-24.02%
2016-04-30$28.58M-14.64%
2016-01-31$33.48M-34.92%
2015-10-31$51.45M24.41%
2015-07-31$41.36M44.60%
2015-04-30$28.60M-31.37%
2015-01-31$41.67M-23.41%
2014-10-31$54.41M26.02%
2014-07-31$43.18M12.81%
2014-04-30$38.27M-13.86%
2014-01-31$44.43M-19.44%
2013-10-31$55.16M2.70%
2013-07-31$53.71M26.56%
2013-04-30$42.44M16.72%
2013-01-31$36.36M2.65%
2012-10-31$35.42M19.29%
2012-07-31$29.69M22.94%
2012-04-30$24.15M-22.92%
2012-01-31$31.34M-9.75%
2011-10-31$34.72M11.43%
2011-07-31$31.16M8.92%
2011-04-30$28.61M1.88%
2011-01-31$28.08M42.53%
2010-10-31$19.70M4.39%
2010-07-31$18.87M13.78%
2010-04-30$16.59M13.49%
2010-01-31$14.62M-28.40%
2009-10-31$20.41M-11.32%
2009-07-31$23.02M0.67%
2009-04-30$22.86M5.25%
2009-01-31$21.72M-16.99%
2008-10-31$26.17M-6.22%
2008-07-31$27.90M-11.82%
2008-04-30$31.64M110.69%
2008-01-31$15.02M-

FuelCell Energy generated $23.70M in revenue during Q3 2024, up 5.69% compared to the previous quarter, and up 61.79% compared to the same period a year ago.

FuelCell Energy Revenue Breakdown


FuelCell Energy Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceOct 22Oct 20Oct 19Oct 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/ServiceJul 24Apr 24Jan 24Jul 22Apr 22Jan 22Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Oct 18Jul 18
Advanced Technologies$10.90M$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$396.40M$335.30M$346.00M----------------
Product$136.70M$12.30M-$38.30M$60.20M$60.20M-------------
Service$1.41M$1.37M-----------------
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
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--

FuelCell Energy's latest quarterly revenue breakdown by segment (product or service), as of Jul 24: Generation (72.68%), Product (25.06%), Advanced Technologies (2.00%), and Service (0.26%).

FuelCell Energy Revenue Breakdown by Country

Annual Revenue by Country

CountryOct 20Oct 19Oct 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

CountryJul 22Apr 22Jan 22Jul 21Apr 21Jan 21Oct 20Jul 20Apr 20Jan 20Oct 19Jul 19Apr 19Jan 19Oct 18Jul 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


TickerCompanyLast Year RevenueLast Quarter Revenue
BEBloom Energy$1.33B$330.40M
MVSTMicrovast$306.62M$101.39M
FCELFuelCell Energy$123.39M$23.70M
PPSIPioneer Power Solutions$40.80M$6.34M
SLDPSolid Power$17.41M$15.68M
EOSEEos Energy Enterprises$16.38M$854.00K
POLAPolar Power$15.29M$4.66M
ENVXEnovix$263.00K$3.77M
FREYFREYR Battery--
PLUGPlug 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 Q3 2024 was $23.7M, a 5.69% increase from the previous quarter (Q2 2024), and a -7.11% decrease year-over-year (Q3 2023). The company'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). FCEL'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).

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.