Fuelcell Energy (FCEL) Non-Current Deffered Revenue (2010 - 2026)
Fuelcell Energy (FCEL) reported Non-Current Deffered Revenue of $14.01 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 159.4% from $5.4 million a year earlier and up 35.2% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Non-Current Deffered Revenue (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy posted Non-Current Deffered Revenue of $5.99 million, up 98.8% from FY2024.
- Non-Current Deffered Revenue has a five-year compound annual growth rate of -28.3% (FY2020 to FY2025).
- By fiscal year, Non-Current Deffered Revenue came in at $3.01 million in FY2024 (+311.2%), $732,000 in FY2023 (-92.0%), $9.1 million in FY2022 (-70.1%) and $30.43 million in FY2021 (-3.4%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Non-Current Deffered Revenue since fiscal Q3 2022.
- Year over year, Non-Current Deffered Revenue has now increased in each of the last eight quarters, with growth averaging 217.7% over the last eight quarters.
- The high point for year-over-year Non-Current Deffered Revenue in five years was fiscal Q1 2025 (growth of 348.5%); the low point was fiscal Q4 2023 (a decline of 92.0%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $10.36 million (Q2 2026), $8.55 million (Q1 2026) and $5.99 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (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 | 117.90 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 519.49 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | - |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 113.01 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 227.82 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | - |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 358.23 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 | 14.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 14.01 Mn |
| Apr 30, 2026 | 10.36 Mn |
| Jan 31, 2026 | 8.55 Mn |
| Oct 31, 2025 | 5.99 Mn |
| Jul 31, 2025 | 5.40 Mn |
| Apr 30, 2025 | 4.20 Mn |
| Jan 31, 2025 | 3.08 Mn |
| Oct 31, 2024 | 3.01 Mn |
| Jul 31, 2024 | 1.98 Mn |
| Apr 30, 2024 | 987,000.00 |
| Jan 31, 2024 | 686,000.00 |
| Oct 31, 2023 | 732,000.00 |
| Oct 31, 2022 | 9.10 Mn |
| Jul 31, 2022 | 14.34 Mn |
| Apr 30, 2022 | 18.28 Mn |
| Jan 31, 2022 | 18.28 Mn |
| Oct 31, 2021 | 30.43 Mn |
| Jul 31, 2021 | 28.97 Mn |
| Apr 30, 2021 | 26.70 Mn |
| Jan 31, 2021 | 25.58 Mn |
API Access
Fuelcell Energy Non-Current Deffered 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=non-current-deffered-revenue&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-deffered-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=non-current-deffered-revenue&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();