Fuelcell Energy (FCEL) Depreciation & Amortization (CF) (2010 - 2026)
Fuelcell Energy (FCEL) recorded Depreciation & Amortization (CF) of $9.39 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 3.7% from $9.75 million a year earlier and down 13.4% from the prior quarter.
Fuelcell Energy (FCEL) Depreciation & Amortization (CF) (2010 - 2026) Analysis & Trends
On a TTM basis, Fuelcell Energy's Depreciation & Amortization (CF) came in at $40.57 million as of Jul 31, 2026, up 3.0% year-over-year; for FY2025 (ended Oct 31, 2025), it was $40.4 million, up 11.6% from FY2024.
- Annual Depreciation & Amortization (CF) has increased for ten straight fiscal years, with a five-year compound annual growth rate of 15.8% (FY2020 to FY2025).
- Across earlier fiscal years, Depreciation & Amortization (CF) came in at $36.19 million in FY2024 (+42.6%), $25.38 million in FY2023 (+19.3%), $21.27 million in FY2022 (+7.1%) and $19.87 million in FY2021 (+2.6%).
- The fiscal Q3 2026 figure is the lowest quarterly Depreciation & Amortization (CF) since fiscal Q4 2024.
- On a year-over-year basis, Depreciation & Amortization (CF) rose in six of the last eight quarters, with growth averaging 9.9%.
- Peak year-over-year performance for Depreciation & Amortization (CF) in the last five years was growth of 59.1% in fiscal Q1 2024, against a decline of 10.8% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $10.84 million (Q2 2026), $10.52 million (Q1 2026) and $9.82 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 248.15 Bn | 208.07 Bn | 2.36 Bn | 182.00 Mn |
| 2 | Bloom Energy | 68.75 Bn | 60.54 Bn | 355.57 Mn | 13.75 Mn |
| 3 | First Solar | 18.79 Bn | 9.74 Bn | 605.00 Mn | 147.85 Mn |
| 4 | BWX Technologies | 12.38 Bn | 10.68 Bn | 202.31 Mn | 31.36 Mn |
| 5 | Nextpower | 12.31 Bn | 8.20 Bn | 335.85 Mn | 8.77 Mn |
| 6 | Generac Holdings | 11.97 Bn | 10.80 Bn | 521.81 Mn | 58.41 Mn |
| 7 | EnerSys | 6.45 Bn | 4.64 Bn | 313.36 Mn | 30.50 Mn |
| 8 | Enphase Energy | 4.22 Bn | -643.57 Mn | 175.01 Mn | 20.20 Mn |
| 9 | Mirion Technologies | 3.76 Bn | 1.60 Bn | 133.10 Mn | 38.80 Mn |
| 10 | Fuelcell Energy | 935.34 Mn | -685.86 Mn | -24.50 Mn | 9.39 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 9.39 Mn |
| Apr 30, 2026 | 10.84 Mn |
| Jan 31, 2026 | 10.52 Mn |
| Oct 31, 2025 | 9.82 Mn |
| Jul 31, 2025 | 9.75 Mn |
| Apr 30, 2025 | 10.89 Mn |
| Jan 31, 2025 | 9.95 Mn |
| Oct 31, 2024 | 8.80 Mn |
| Jul 31, 2024 | 9.24 Mn |
| Apr 30, 2024 | 9.55 Mn |
| Jan 31, 2024 | 8.60 Mn |
| Oct 31, 2023 | 6.72 Mn |
| Jul 31, 2023 | 6.62 Mn |
| Apr 30, 2023 | 6.63 Mn |
| Jan 31, 2023 | 5.41 Mn |
| Oct 31, 2022 | 4.91 Mn |
| Jul 31, 2022 | 5.27 Mn |
| Apr 30, 2022 | 5.33 Mn |
| Jan 31, 2022 | 5.77 Mn |
| Oct 31, 2021 | 4.95 Mn |
Fuelcell Energy Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();