Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of -36.33% is 64% below its 5-year average of -22.18%, around the middle of its 5-year range (-70.25%–14.13%).
As of the fiscal period ended Thursday, April 30, 2026. 75.02% below its 12-month average of -20.76%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
-36.33%
GROSS MARGIN AVG TTM
-20.76%
GROSS MARGIN AVG 3Y
-22.14%
GROSS MARGIN AVG 5Y
-22.18%
GROSS MARGIN AVG 10Y
-15.16%
GROSS MARGIN AVG 15Y
-9.49%
GROSS MARGIN AVG 20Y
-16.36%
CURRENT VS TTM AVG
-75.02%
CURRENT VS 3Y AVG
-64.11%
CURRENT VS 5Y AVG
-63.75%
CURRENT VS 10Y AVG
-139.66%
CURRENT VS 15Y AVG
-282.87%
CURRENT VS 20Y AVG
-122.12%
SECTOR MEDIAN · INDUSTRIALS
31.98%
median of 134 covered companies
CURRENT VS SECTOR MEDIAN
-213.60%
vs the sector median at left
FuelCell Energy, Inc.
Market Cap
$1.52B
Gross Margin
-36.33%
TTM Avg
-20.76%
3Y Avg
-22.14%
5Y Avg
-22.18%
Market Cap
$1.36B
Gross Margin
7.09%
TTM Avg
-12.42%
3Y Avg
-5.56%
5Y Avg
2.26%
Market Cap
$1.94B
Gross Margin
49.05%
TTM Avg
50.35%
3Y Avg
49.12%
5Y Avg
47.75%
Market Cap
$2.00B
Gross Margin
31.44%
TTM Avg
31.56%
3Y Avg
32.99%
5Y Avg
32.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FuelCell Energy, Inc. (FCEL) | $1.52B | -36.33% | -20.76% | -22.14% | -22.18% |
| Allient Inc. (ALNT)vs › | $1.58B | 32.24% | 30.89% | 31.20% | 30.73% |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.36B | 7.09% | -12.42% | -5.56% | 2.26% |
| T1 Energy Inc (TE)vs › | $1.26B | 8.35% | 24.55% | 12.28% | 8.18% |
| Ameresco, Inc. (AMRC)vs › | $1.18B | 16.13% | 15.10% | 16.02% | 16.87% |
| Enerpac Tool Group Corp. (EPAC)vs › | $1.94B | 49.05% | 50.35% | 49.12% | 47.75% |
| Upwork Inc. (UPWK)vs › | $1.07B | 77.21% | 77.59% | 76.13% | 74.94% |
| Preformed Line Products Company (PLPC)vs › | $2.00B | 31.44% | 31.56% | 32.99% | 32.85% |
| Kforce Inc. (KFRC)vs › | $1.02B | 27.48% | 27.10% | 27.84% | 28.11% |
| Power Solutions International, Inc. (PSIX)vs › | $844.57M | 23.73% | 27.48% | 24.11% | 19.91% |
Gross Margin
-36.3%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-04-30 | -36.33% |
| 2026-01-31 | -19.18% |
| 2025-10-31 | -12.05% |
| 2025-07-31 | -10.98% |
| 2025-04-30 | -25.23% |
| 2025-01-31 | -27.39% |
| 2024-10-31 | -22.13% |
| 2024-07-31 | -26.17% |
| 2024-04-30 | -31.55% |
| 2024-01-31 | -70.25% |
| 2023-10-31 | -6.52% |
| 2023-07-31 | -32.20% |
| 2023-04-30 | -15.89% |
| 2023-01-31 | 14.13% |
| 2022-10-31 | -38.75% |
| 2022-07-31 | -9.70% |
| 2022-04-30 | -44.62% |
| 2022-01-31 | -9.11% |
| 2021-10-31 | -60.03% |
| 2021-07-31 | 4.10% |
| 2021-04-30 | -34.09% |
| 2021-01-31 | -24.32% |
| 2020-10-31 | -47.33% |
| 2020-07-31 | -16.70% |
| 2020-04-30 | 0.88% |
| 2020-01-31 | 20.17% |
| 2019-10-31 | -211.84% |
| 2019-07-31 | 35.07% |
| 2019-04-30 | -39.50% |
| 2019-01-31 | -12.40% |
| 2018-10-31 | 6.39% |
| 2018-07-31 | -16.98% |
| 2018-04-30 | -3.02% |
| 2018-01-31 | 12.00% |
| 2017-10-31 | 6.61% |
| 2017-07-31 | -25.35% |
| 2017-04-30 | 1.88% |
| 2017-01-31 | 10.66% |
| 2016-10-31 | -1.91% |
| 2016-07-31 | 2.00% |
| 2016-04-30 | -0.55% |
| 2016-01-31 | -0.50% |
| 2015-10-31 | 6.11% |
| 2015-07-31 | 8.69% |
| 2015-04-30 | 7.07% |
| 2015-01-31 | 9.63% |
| 2014-10-31 | 10.94% |
| 2014-07-31 | 9.17% |
| 2014-04-30 | 4.21% |
| 2014-01-31 | 4.95% |
| 2013-10-31 | 4.71% |
| 2013-07-31 | 8.42% |
| 2013-04-30 | 5.45% |
| 2013-01-31 | -6.36% |
| 2012-10-31 | 2.48% |
| 2012-07-31 | -9.22% |
| 2012-04-30 | 0.83% |
| 2012-01-31 | 6.71% |
| 2011-10-31 | 1.26% |
| 2011-07-31 | 0.44% |
| 2011-04-30 | -38.00% |
| 2011-01-31 | -8.25% |
| 2010-10-31 | -18.29% |
| 2010-07-31 | -19.90% |
| 2010-04-30 | -34.97% |
| 2010-01-31 | -37.58% |
| 2009-10-31 | -28.13% |
| 2009-07-31 | -27.07% |
| 2009-04-30 | -37.56% |
| 2009-01-31 | -43.51% |
| 2008-10-31 | -46.15% |
| 2008-07-31 | -55.47% |
| 2008-04-30 | -41.00% |
| 2008-01-31 | -58.80% |
| 2007-10-31 | -32.51% |
| 2007-07-31 | -44.87% |
| 2007-04-30 | -62.44% |
| 2007-01-31 | -124.26% |
| 2006-10-31 | -154.64% |
| 2006-07-31 | -106.00% |
| 2006-04-30 | -93.57% |
| 2006-01-31 | -106.48% |
| 2005-10-31 | -126.34% |
| 2005-07-31 | -100.09% |
| 2005-04-30 | -116.13% |
| 2005-01-31 | -118.78% |
| 2004-10-31 | -107.76% |
| 2004-07-31 | -112.89% |
| 2004-04-30 | -134.67% |
| 2004-01-31 | -45.80% |
| 2003-10-31 | -168.01% |
| 2003-07-31 | -146.10% |
| 2003-04-30 | -199.25% |
| 2003-01-31 | -114.30% |
| 2002-10-31 | -126.29% |
| 2002-07-31 | -81.80% |
