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Fusion Fuel Green’s QIND Subsidiary Posts 46% Revenue Jump and Sets $20 Million 2026 Target

Story Highlights
  • In fiscal 2025, Fusion Fuel’s subsidiary QIND grew revenue 45.9% to $16.3 million and turned a prior-year adjusted loss into non-GAAP adjusted net income of $564,465, while gross profit rose 20.8% to $4.8 million despite margin pressure and higher operating expenses.
  • During 2025 QIND tightened governance, reduced liabilities and wrote off non-recoverable assets, and for 2026 it is targeting about $20 million in revenue and further deleveraging, underpinned by the expansion of Al Shola Gas’s LPG operations and engineering projects in the UAE.
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Fusion Fuel Green’s QIND Subsidiary Posts 46% Revenue Jump and Sets $20 Million 2026 Target

Meet Samuel – Your Personal Investing Prophet

Fusion Fuel Green ( (HTOO) ) has shared an update.

On April 2, 2026, Fusion Fuel Green reported that its majority-owned subsidiary Quality Industrial Corp. delivered strong top-line growth in fiscal 2025, with revenue rising 45.9% to $16.3 million and gross profit increasing 20.8% to $4.8 million, while non-GAAP adjusted net income swung to a $564,465 profit from a loss a year earlier. Over 2025 QIND also overhauled governance, cut management costs, reduced accounts payable and convertible debt, and wrote off $3.5 million of non‑recoverable assets; for 2026 it is targeting roughly $20 million in revenue and continued deleveraging, driven by expansion of Al Shola Gas’s fleet, engineering project pipeline and geographic footprint in the UAE, positioning the unit as a more material contributor to Fusion Fuel’s consolidated results amid regional geopolitical and market risks.

The most recent analyst rating on (HTOO) stock is a Sell with a $3.00 price target. To see the full list of analyst forecasts on Fusion Fuel Green stock, see the HTOO Stock Forecast page.

Spark’s Take on HTOO Stock

According to Spark, TipRanks’ AI Analyst, HTOO is a Underperform.

Fusion Fuel Green’s stock score is primarily impacted by its weak financial performance, characterized by ongoing losses and negative cash flows. The technical analysis indicates a bearish trend with weak momentum. Valuation metrics are unfavorable due to a negative P/E ratio and lack of dividend yield. These factors collectively result in a low overall stock score.

To see Spark’s full report on HTOO stock, click here.

More about Fusion Fuel Green

Fusion Fuel Green PLC is an Ireland-based provider of integrated energy engineering, distribution and green hydrogen solutions, operating platforms that span LPG supply, hydrogen and bio-steam technologies. Through majority-owned Quality Industrial Corp. and its UAE subsidiary Al Shola Gas, the group delivers consulting, engineering, installation, maintenance and LPG supply services to residential, commercial and industrial customers, supporting decarbonization across multiple sectors.

Average Trading Volume: 193,274

Technical Sentiment Signal: Sell

Current Market Cap: $6.71M

For an in-depth examination of HTOO stock, go to TipRanks’ Overview page.

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