Fuelcell Energy (FCEL) Current Deferred Revenue (2010 - 2026)
Fuelcell Energy's Current Deferred Revenue came in at $19.42 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 269.5% from $5.25 million a year earlier and up 345.4% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Current Deferred Revenue (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy's Current Deferred Revenue was $2.73 million, down 35.3% from FY2024.
- Current Deferred Revenue carries a five-year compound annual growth rate of -23.5% (FY2020 to FY2025).
- Going back by fiscal year, Current Deferred Revenue was $4.23 million in FY2024 (+75.6%), $2.41 million in FY2023 (-85.3%), $16.34 million in FY2022 (+159.9%) and $6.29 million in FY2021 (-39.5%).
- The fiscal Q3 2026 figure represents the highest quarterly Current Deferred Revenue since fiscal Q3 2022.
- Year-over-year, Current Deferred Revenue increased in four of the last eight quarters, with growth averaging 33.9%.
- The fastest year-over-year change in Current Deferred Revenue over five years came in fiscal Q3 2026 (growth of 269.5%), and the weakest in fiscal Q4 2023 (a decline of 85.3%).
- Business Quant data shows FCEL's Current Deferred Revenue at $4.36 million (Q2 2026), $3.95 million (Q1 2026) and $2.73 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 19.42 Mn |
| Apr 30, 2026 | 4.36 Mn |
| Jan 31, 2026 | 3.95 Mn |
| Oct 31, 2025 | 2.73 Mn |
| Jul 31, 2025 | 5.25 Mn |
| Apr 30, 2025 | 2.92 Mn |
| Jan 31, 2025 | 5.19 Mn |
| Oct 31, 2024 | 4.23 Mn |
| Jul 31, 2024 | 10.65 Mn |
| Apr 30, 2024 | 6.76 Mn |
| Jan 31, 2024 | 3.62 Mn |
| Oct 31, 2023 | 2.41 Mn |
| Jul 31, 2023 | 3.11 Mn |
| Apr 30, 2023 | 4.78 Mn |
| Jan 31, 2023 | 7.37 Mn |
| Oct 31, 2022 | 16.34 Mn |
| Jul 31, 2022 | 20.39 Mn |
| Apr 30, 2022 | 25.90 Mn |
| Jan 31, 2022 | 16.24 Mn |
| Oct 31, 2021 | 6.29 Mn |
API Access
Fuelcell Energy Current Deferred Revenue 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=current-deferred-revenue&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-revenue", "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=current-deferred-revenue&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();