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FuelCell Energy's peak revenue was $187.7M in 2013. The peak quarterly revenue was $19.0M in 2025(q1).
FuelCell Energy's revenue increased from $20.7m in 2000 to $112.1M currently. That's a 441.31% change in annual revenue.
| Fiscal year / year | FuelCell Energy revenue |
|---|---|
| 2009 | $88.0M |
| 2010 | $69.8M |
| 2011 | $122.6M |
| 2012 | $120.6M |
| 2013 | $187.7M |
| 2014 | $180.3M |
| 2015 | $163.1M |
| 2016 | $108.3M |
| 2017 | $95.7M |
| 2018 | $89.4M |
| 2019 | $60.8M |
| 2020 | $70.9M |
| 2021 | $69.6M |
| 2022 | $130.5M |
| 2023 | $123.4M |
| 2024 | $112.1M |
Rate FuelCell Energy's financial transparency
FuelCell Energy saw the greatest revenue growth in 2008, when revenue increased by 108.85%.
FuelCell Energy had the lowest revenue growth in 2016, when revenue changed by -33.62%.
| Year | FuelCell Energy growth |
|---|---|
| 2009 | -13%↓ |
| 2010 | -21%↓ |
| 2011 | 76%↑ |
| 2012 | -2%↓ |
| 2013 | 56%↑ |
| 2014 | -4%↓ |
| 2015 | -10%↓ |
| 2016 | -34%↓ |
| 2017 | -12%↓ |
| 2018 | -7%↓ |
| 2019 | -32%↓ |
| 2020 | 17%↑ |
| 2021 | -2%↓ |
| 2022 | 88%↑ |
| 2023 | -5%↓ |
| 2024 | -9%↓ |
Do you work at FuelCell Energy?
Did FuelCell Energy meet its revenue projections?
| CEO | Chip Bottone |
| Industry | Independent Power and Renewable Electricity Producers |
| Company Type | Public |
| Employees Number | 301 |
| Date Founded | 1969 |
| Headquarters | Danbury, Connecticut |
| Number of Locations | 2 |
| Revenue | $112.1M |
| Net Income | -$107,568,000 |
| Gross Proft | ($35.9M) (2024) |
| PE Ratio | -0.52 |
| Tax Rate | -0.0% |
| Market Capitalization | $65.8M |
| Total Assets | $955,520,000 |
| Ticker | FCEL |
FuelCell Energy received early financing of $30.0M on 2012-03-01.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Equity | $30M | 03/2012 |
| Convertible Note | $38M | 06/2013 |
| Post Ipo Equity | $31.6M | 03/2014 |
| Post Ipo Debt | $25M | 04/2016 |
| Grant | $8M | 06/2018 |
| Grant | $6.8M | 02/2022 |
| Investors | Security type |
|---|---|
| POSCO Energy | Post Ipo Equity |
| HERCULES CAPITAL INC | Post Ipo Debt |
| Department of Energy | Grant |
| Clean Resource Innovation Network (CRIN) | Grant |
FuelCell Energy's top competitor, Oceaneering, earned an annual revenue of $2.7B.
FuelCell Energy's smallest competitor is HelioVolt with revenue of $4.0M last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| HelioVolt | $47,987 | $4.0M | 50 | - |
| XALT Energy | $49,794 | $20.1M | 50 | - |
| FlexSteel Pipeline Technologies | $67,975 | $100.0M | 750 | - |
| BP Solar International Inc | $65,770 | $52.5M | 585 | - |
| Venoco | $54,023 | $328.0M | 162 | - |
| Oceaneering | $65,471 | $2.7B | 8,200 | 135 |
| Denso North America | $64,946 | $35.0M | 350 | - |
| Petrotech | $45,704 | $65.0M | 44 | 1 |
| Ascent Solar Technologies, Inc. | $71,644 | $7.0M | 150 | - |
| Solexel | $47,303 | $5.5M | 39 | - |
Zippia gives an in-depth look into the details of FuelCell Energy, including salaries, political affiliations, employee data, and more, in order to inform job seekers about FuelCell Energy. The employee data is based on information from people who have self-reported their past or current employments at FuelCell Energy. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by FuelCell Energy. The data presented on this page does not represent the view of FuelCell Energy and its employees or that of Zippia.
FuelCell Energy may also be known as or be related to FUELCELL ENERGY INC, FuelCell Energy, FuelCell Energy Inc, FuelCell Energy, Inc., Fuelcell Energy and Fuelcell Energy, Inc.