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Fuelcell Energy (FCEL) Product revenue by quarter

Fuelcell Energy's Product revenue was $18.0M in Q3 FY26 (third quarter fiscal 2026), -0.1% from Q2 FY26. Over the last 7 quarters it ranged from $12.0M (Q1 FY26) to $30.0M (Q4 FY25).

Fuelcell Energy Product revenue by quarterFuelcell Energy Product revenue by quarter$25.4MQ4 FY24$13.0MQ2 FY25$26.0MQ3 FY25$30.0MQ4 FY25$12.0MQ1 FY26$18.0MQ2 FY26$18.0MQ3 FY26
QuarterProduct revenueQ/QY/Y
Q3 FY26$18.0M-0.1%-31%
Q2 FY26$18.0M+50%+38%
Q1 FY26$12.0M-60%—
Q4 FY25$30.0M+16%+18%
Q3 FY25$26.0M+100%—
Q2 FY25$13.0M-49%—
Q4 FY24$25.4M——

Q3 FY26 at a glance

Fuelcell Energy, Q3 FY26: revenue $33.0M (-29% year over year), operating margin -141.4%, net loss $45.3M, operating cash flow −$12.2M. The chart follows the revenue to costs, profit and cash.

Questions

What is Fuelcell Energy's Product revenue?

Fuelcell Energy's Product revenue was $18.0M in Q3 FY26 (third quarter fiscal 2026), -0.1% from Q2 FY26.

How has Fuelcell Energy's Product revenue changed?

Over the last 7 quarters it ranged from $12.0M (Q1 FY26) to $30.0M (Q4 FY25).

Q3 FY26 results → · How Fuelcell Energy makes money →