Fuelcell Energy (FCEL) Current Deferred Revenue (2010 - 2026)

Fuelcell Energy's (FCEL) quarterly Current Deferred Revenue came in at $4.4 million in Q2 2026, up 49.38% YoY from $2.9 million in Q2 2025, and down 65.13% on a QoQ basis from $12.5 million in Q1 2026.

Fuelcell Energy (FCEL) Current Deferred Revenue (2010 - 2026) Analysis & Trends

Fuelcell Energy's Current Deferred Revenue history runs 17 years deep, the most recent figure standing at $4.4 million for Q2 2026.

  • On a quarterly basis, Current Deferred Revenue rose 49.38% year-over-year to $4.4 million in Q2 2026; TTM through Apr 2026 was $4.4 million, a 49.38% increase from a year earlier, with the FY2025 full-year figure at $8.7 million, up 20.83% from the prior year.
  • Current Deferred Revenue was $4.4 million for Q2 2026 at Fuelcell Energy, down from $12.5 million in the prior quarter.
  • Over the last five years, Current Deferred Revenue for FCEL reached as high as $25.9 million in Q2 2022 and fell as low as $2.4 million in Q4 2023.
  • A 5-year average of $9.8 million and a median of $8.0 million in 2023 frame the typical range for Current Deferred Revenue.
  • The widest annual swing landed in 2023, when Current Deferred Revenue slumped 85.28%; it then jumped 306.45% in 2024.
  • Tracing FCEL's Current Deferred Revenue over 5 years: stood at $16.3 million in 2022, then slumped by 85.28% to $2.4 million in 2023, then surged by 199.25% to $7.2 million in 2024, then grew by 20.83% to $8.7 million in 2025, then slumped by 49.9% to $4.4 million in 2026.
  • According to Business Quant data, Current Deferred Revenue over the past three periods registered $4.4 million, $12.5 million, and $8.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Novonix 479.97 Bn 479.92 Bn -
2 Vertiv Holdings 114.69 Bn 112.19 Bn 999.70 Mn
3 Bloom Energy 79.53 Bn 77.06 Bn 225.54 Mn
4 nVent Electric 27.08 Bn 26.89 Bn 445.60 Mn
5 Hubbell 26.67 Bn 26.16 Bn 505.30 Mn
6 Advanced Energy Industries 13.19 Bn 13.19 Bn 200.90 Mn
7 Powell Industries 10.63 Bn 10.09 Bn 87.94 Mn
8 Ballard Power Systems 10.07 Bn 9.54 Bn 5.64 Mn
9 Acuity Inc. (De) 9.39 Bn 9.12 Bn 520.40 Mn
10 Fuelcell Energy 1.02 Bn 1.02 Bn -12.93 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 4.36 Mn
Jan 31, 2026 12.50 Mn
Oct 31, 2025 8.70 Mn
Jul 31, 2025 5.25 Mn
Apr 30, 2025 2.92 Mn
Jan 31, 2025 8.70 Mn
Oct 31, 2024 7.20 Mn
Jul 31, 2024 12.60 Mn
Apr 30, 2024 6.76 Mn
Jan 31, 2024 11.60 Mn
Oct 31, 2023 2.41 Mn
Jul 31, 2023 3.10 Mn
Apr 30, 2023 4.80 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 36.70 Mn
Jul 31, 2021 37.40 Mn