Fuelcell Energy (FCEL) Assets (2010 - 2026)
Fuelcell Energy's Assets came in at $1.31 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 57.9% from $830.54 million a year earlier and up 30.7% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Assets (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy's Assets was $932.15 million, down 1.3% from FY2024.
- Assets carries a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Going back by fiscal year, Assets was $944.12 million in FY2024 (-1.2%), $955.52 million in FY2023 (+1.7%), $939.72 million in FY2022 (+7.4%) and $875.25 million in FY2021 (+67.2%).
- The fiscal Q3 2026 figure represents the highest quarterly Assets in data going back to fiscal Q4 2010.
- Year-over-year, Assets has increased for three consecutive quarters, with growth averaging 7.4% over the last eight quarters.
- The fastest year-over-year change in Assets over five years came in fiscal Q2 2022 (growth of 76.7%), and the weakest in fiscal Q3 2025 (a decline of 12.5%).
- Business Quant data shows FCEL's Assets at $1 billion (Q2 2026), $978.48 million (Q1 2026) and $932.15 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 241.15 Bn | 201.06 Bn | 2.36 Bn | 80.80 Bn |
| 2 | Bloom Energy | 63.97 Bn | 55.76 Bn | 355.57 Mn | 5.63 Bn |
| 3 | First Solar | 18.94 Bn | 9.89 Bn | 605.00 Mn | 13.39 Bn |
| 4 | BWX Technologies | 12.36 Bn | 10.66 Bn | 202.31 Mn | 4.42 Bn |
| 5 | Nextpower | 12.01 Bn | 7.90 Bn | 335.85 Mn | 4.26 Bn |
| 6 | Generac Holdings | 11.45 Bn | 10.27 Bn | 521.81 Mn | 5.77 Bn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 3.96 Bn |
| 8 | Enphase Energy | 4.23 Bn | -626.41 Mn | 175.01 Mn | 2.92 Bn |
| 9 | Mirion Technologies | 3.73 Bn | 1.57 Bn | 133.10 Mn | 3.52 Bn |
| 10 | Fuelcell Energy | 878.67 Mn | -742.53 Mn | -24.50 Mn | 1.31 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.31 Bn |
| Apr 30, 2026 | 1.00 Bn |
| Jan 31, 2026 | 978.48 Mn |
| Oct 31, 2025 | 932.15 Mn |
| Jul 31, 2025 | 830.54 Mn |
| Apr 30, 2025 | 883.84 Mn |
| Jan 31, 2025 | 907.54 Mn |
| Oct 31, 2024 | 944.12 Mn |
| Jul 31, 2024 | 948.91 Mn |
| Apr 30, 2024 | 916.83 Mn |
| Jan 31, 2024 | 923.18 Mn |
| Oct 31, 2023 | 955.52 Mn |
| Jul 31, 2023 | 945.25 Mn |
| Apr 30, 2023 | 858.64 Mn |
| Jan 31, 2023 | 892.38 Mn |
| Oct 31, 2022 | 939.72 Mn |
| Jul 31, 2022 | 944.42 Mn |
| Apr 30, 2022 | 946.22 Mn |
| Jan 31, 2022 | 854.69 Mn |
| Oct 31, 2021 | 875.25 Mn |
API Access
Fuelcell Energy Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=assets&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "assets", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=assets&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();