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FuelCell Energy's revenue is $112.1 million.

What is FuelCell Energy's revenue?

FuelCell Energy's annual revenue is $112.1M. Zippia's data science team found the following key financial metrics about FuelCell Energy after extensive research and analysis.
  • FuelCell Energy's revenue growth from 2000 to 2024 is 441.31%.
  • FuelCell Energy has 301 employees, and the revenue per employee ratio is $372,531.
  • FuelCell Energy's peak quarterly revenue was $19.0M in 2025(q1).
  • FuelCell Energy peak revenue was $187.7M in 2013.
  • FuelCell Energy annual revenue for 2023 was 123.4M, -5.43% growth from 2022.
  • FuelCell Energy annual revenue for 2024 was 112.1M, -9.13% growth from 2023.

On this page

Most recent quarter revenue
$19.0M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$187.7M (2013)
Company peak revenue
Revenue / employee
$372,532
Company revenue / employee

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Most recent quarter revenue
$19.0M (Q1'2025)
Company most recent quarter revenue
Peak revenue
$187.7M (2013)
Company peak revenue
Revenue / employee
$372,532
Company revenue / employee

FuelCell Energy historical revenue

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.

FuelCell Energy annual revenue

$188M
$150M
$113M
$75M
$38M
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

FuelCell Energy annual revenue over time

Fiscal year / yearFuelCell 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

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FuelCell Energy annual growth

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%.

FuelCell Energy annual growth rate over time

YearFuelCell 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%

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FuelCell Energy financial information

CEOChip Bottone
IndustryIndependent Power and Renewable Electricity Producers
Company TypePublic
Employees Number301
Date Founded1969
HeadquartersDanbury, Connecticut
Number of Locations2
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
TickerFCEL

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FuelCell Energy financing

FuelCell Energy received early financing of $30.0M on 2012-03-01.

SeriesRound sizeDate
Post Ipo Equity$30M03/2012
Convertible Note$38M06/2013
Post Ipo Equity$31.6M03/2014
Post Ipo Debt$25M04/2016
Grant$8M06/2018
Grant$6.8M02/2022

FuelCell Energy investors

InvestorsSecurity type
POSCO EnergyPost Ipo Equity
HERCULES CAPITAL INCPost Ipo Debt
Department of EnergyGrant
Clean Resource Innovation Network (CRIN)Grant

FuelCell Energy competitors

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.

FuelCell Energy revenue FAQs

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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.