Fuelcell Energy (FCEL) Intangibles (2013 - 2026)
Fuelcell Energy's Intangibles came in at $2.92 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 30.8% from $4.22 million a year earlier and down 10.0% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Intangibles (2013 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy's Intangibles was $3.89 million, down 73.7% from FY2024.
- Intangibles has declined in each of the last six fiscal years, with a five-year compound annual growth rate of -27.9% (FY2020 to FY2025).
- Going back by fiscal year, Intangibles was $14.78 million in FY2024 (-8.1%), $16.08 million in FY2023 (-7.5%), $17.37 million in FY2022 (-6.9%) and $18.67 million in FY2021 (-6.5%).
- The fiscal Q3 2026 figure represents the lowest quarterly Intangibles in data going back to fiscal Q1 2013.
- Year-over-year, Intangibles has declined for 25 consecutive quarters, with an average decline of 44.2% over the last eight quarters.
- The year-over-year decline in Intangibles has ranged between 6.5% (fiscal Q4 2021) and 77.1% (fiscal Q2 2026) over the last five years.
- Business Quant data shows FCEL's Intangibles at $3.24 million (Q2 2026), $3.57 million (Q1 2026) and $3.89 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 4.51 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 | 63.37 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 311.77 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 80.64 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 221.11 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 334.24 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 13.08 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 545.50 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 2.92 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.92 Mn |
| Apr 30, 2026 | 3.24 Mn |
| Jan 31, 2026 | 3.57 Mn |
| Oct 31, 2025 | 3.89 Mn |
| Jul 31, 2025 | 4.22 Mn |
| Apr 30, 2025 | 14.13 Mn |
| Jan 31, 2025 | 14.46 Mn |
| Oct 31, 2024 | 14.78 Mn |
| Jul 31, 2024 | 15.10 Mn |
| Apr 30, 2024 | 15.43 Mn |
| Jan 31, 2024 | 15.80 Mn |
| Oct 31, 2023 | 16.08 Mn |
| Jul 31, 2023 | 16.40 Mn |
| Apr 30, 2023 | 16.73 Mn |
| Jan 31, 2023 | 17.05 Mn |
| Oct 31, 2022 | 17.37 Mn |
| Jul 31, 2022 | 17.70 Mn |
| Apr 30, 2022 | 18.02 Mn |
| Jan 31, 2022 | 18.35 Mn |
| Oct 31, 2021 | 18.67 Mn |
API Access
Fuelcell Energy Intangibles 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=intangibles&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();