Fuelcell Energy FCEL
NASDAQ FCEL
$15.54 -1.03 (-6.23%)
As of: Sep 10, 2026 · 3:06 PM EDT

Fuelcell Energy Inc (FCEL) Operating Expenses (2010 - 2026)

Fuelcell Energy's (FCEL) quarterly Operating Expenses came in at $22.2 million in Q3 2026, down 75.44% year-over-year from $90.2 million in Q3 2025, and down 65.9% quarter-over-quarter from $65.0 million in Q2 2026.

Analysis

Fuelcell Energy Inc (FCEL) Operating Expenses (2010 - 2026) Analysis & Trends

Fuelcell Energy has disclosed Operating Expenses across 17 years of filings, most recently posting $22.2 million for Q3 2026.

  • In Q3 2026, Operating Expenses fell 75.44% year-over-year to $22.2 million; the TTM figure through Jul 2026 stood at $129.3 million (down 25.86% YoY), while the FY2025 annual figure was $165.9 million, up 35.38% from the prior year.
  • Operating Expenses came in at $22.2 million for Q3 2026 at Fuelcell Energy, down from $65.0 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $90.2 million in Q3 2025 to a low of $20.4 million in Q1 2026.
  • Average Operating Expenses over 5 years is $33.5 million, with a median of $27.7 million recorded in 2023.
  • Year-over-year, Operating Expenses jumped 290.04% in 2022 and slumped 75.44% in 2026.
  • Over 5 years, Operating Expenses stood at $27.5 million in 2022, then increased by 27.06% to $34.9 million in 2023, then fell by 13.74% to $30.1 million in 2024, then declined by 27.97% to $21.7 million in 2025, then advanced by 2.15% to $22.2 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $22.2 million in Q3 2026, $65.0 million in Q2 2026, and $20.4 million in Q1 2026.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 22.16 Mn
Apr 30, 2026 64.98 Mn
Jan 31, 2026 20.43 Mn
Oct 31, 2025 21.69 Mn
Jul 31, 2025 90.23 Mn
Apr 30, 2025 26.37 Mn
Jan 31, 2025 27.65 Mn
Oct 31, 2024 30.12 Mn
Jul 31, 2024 27.42 Mn
Apr 30, 2024 34.29 Mn
Jan 31, 2024 30.75 Mn
Oct 31, 2023 34.91 Mn
Jul 31, 2023 33.18 Mn
Apr 30, 2023 29.77 Mn
Jan 31, 2023 27.69 Mn
Oct 31, 2022 27.48 Mn
Jul 31, 2022 23.82 Mn
Apr 30, 2022 20.91 Mn
Jan 31, 2022 41.95 Mn
Oct 31, 2021 14.19 Mn