Fuelcell Energy (FCEL) Interest Expenses (2010 - 2026)
Fuelcell Energy's Interest Expenses came in at $2.9 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 13.9% from $2.55 million a year earlier and up 1.5% from the prior quarter.
Fuelcell Energy (FCEL) Interest Expenses (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jul 31, 2026, Fuelcell Energy reported Interest Expenses of $11.2 million, up 9.5% year-over-year; for FY2025 (ended Oct 31, 2025), it was $10.38 million, up 7.1% from FY2024.
- Interest Expenses has increased in each of the last three fiscal years, though with a five-year compound annual growth rate of -7.5% (FY2020 to FY2025).
- Going back by fiscal year, Interest Expenses was $9.69 million in FY2024 (+33.7%), $7.25 million in FY2023 (+13.3%), $6.39 million in FY2022 (-13.2%) and $7.36 million in FY2021 (-51.9%).
- The fiscal Q3 2026 figure represents the highest quarterly Interest Expenses since fiscal Q4 2020.
- Year-over-year, Interest Expenses has increased for four consecutive quarters, with growth averaging 8.7% over the last eight quarters.
- The fastest year-over-year change in Interest Expenses over five years came in fiscal Q1 2024 (growth of 54.6%), and the weakest in fiscal Q4 2021 (a decline of 60.1%).
- Business Quant data shows FCEL's Interest Expenses at $2.86 million (Q2 2026), $2.76 million (Q1 2026) and $2.68 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | -73.00 Mn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 8.91 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 5.56 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 5.28 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | - |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 16.79 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 10.60 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 327,000.00 |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 8.40 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 2.90 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.90 Mn |
| Apr 30, 2026 | 2.86 Mn |
| Jan 31, 2026 | 2.76 Mn |
| Oct 31, 2025 | 2.68 Mn |
| Jul 31, 2025 | 2.55 Mn |
| Apr 30, 2025 | 2.55 Mn |
| Jan 31, 2025 | 2.61 Mn |
| Oct 31, 2024 | 2.52 Mn |
| Jul 31, 2024 | 2.56 Mn |
| Apr 30, 2024 | 2.28 Mn |
| Jan 31, 2024 | 2.34 Mn |
| Oct 31, 2023 | 2.32 Mn |
| Jul 31, 2023 | 1.91 Mn |
| Apr 30, 2023 | 1.50 Mn |
| Jan 31, 2023 | 1.51 Mn |
| Oct 31, 2022 | 1.64 Mn |
| Jul 31, 2022 | 1.62 Mn |
| Apr 30, 2022 | 1.71 Mn |
| Jan 31, 2022 | 1.43 Mn |
| Oct 31, 2021 | 1.70 Mn |
Fuelcell Energy Interest Expenses 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=interest-expenses&ticker=FCEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();