Fuelcell Energy (FCEL) Common Equity (2010 - 2026)
Fuelcell Energy (FCEL) posted Common Equity of $982.9 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 73.9% from $565.22 million a year earlier and up 34.9% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Common Equity (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy's Common Equity came in at $671.28 million, up 0.6% from FY2024.
- Annual Common Equity shows a five-year compound annual growth rate of 28.1% (FY2020 to FY2025).
- In prior fiscal years, Fuelcell Energy's Common Equity was $667.61 million in FY2024 (-4.7%), $700.45 million in FY2023 (+1.3%), $691.5 million in FY2022 (+7.6%) and $642.44 million in FY2021 (+230.2%).
- The fiscal Q3 2026 figure stands as the highest quarterly Common Equity in data going back to fiscal Q4 2010.
- On a year-over-year basis, Common Equity has increased in each of the last four quarters, with growth averaging 8.6% over the last eight quarters.
- The strongest year-over-year quarter for Common Equity in the past five years was fiscal Q4 2021, with growth of 230.2%; the weakest was fiscal Q3 2025, with a decline of 17.5%.
- According to Business Quant data, Common Equity for the three prior fiscal quarters was $728.51 million (Q2 2026), $704.14 million (Q1 2026) and $671.28 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 13.12 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 1.64 Bn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 10.32 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 1.33 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 2.56 Bn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 2.88 Bn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 1.97 Bn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 1.18 Bn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 1.88 Bn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 982.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 982.90 Mn |
| Apr 30, 2026 | 728.51 Mn |
| Jan 31, 2026 | 704.14 Mn |
| Oct 31, 2025 | 671.28 Mn |
| Jul 31, 2025 | 565.22 Mn |
| Apr 30, 2025 | 618.94 Mn |
| Jan 31, 2025 | 645.24 Mn |
| Oct 31, 2024 | 667.61 Mn |
| Jul 31, 2024 | 685.11 Mn |
| Apr 30, 2024 | 652.10 Mn |
| Jan 31, 2024 | 682.17 Mn |
| Oct 31, 2023 | 700.45 Mn |
| Jul 31, 2023 | 707.99 Mn |
| Apr 30, 2023 | 646.23 Mn |
| Jan 31, 2023 | 675.37 Mn |
| Oct 31, 2022 | 691.50 Mn |
| Jul 31, 2022 | 696.78 Mn |
| Apr 30, 2022 | 697.52 Mn |
| Jan 31, 2022 | 596.74 Mn |
| Oct 31, 2021 | 642.44 Mn |
API Access
Fuelcell Energy Common Equity 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=common-equity&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "common-equity", "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=common-equity&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();