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

Fuelcell Energy's Operating Expenses history runs 17 years deep, the most recent figure standing at $65.0 million for Q2 2026.

• On a quarterly basis, Operating Expenses rose 146.41% year-over-year to $65.0 million in Q2 2026; TTM through Apr 2026 was $197.3 million, a 76.91% increase from a year earlier, with the FY2025 full-year figure at $165.9 million, up 35.38% from the prior year.
• Operating Expenses was $65.0 million for Q2 2026 at Fuelcell Energy, up from $20.4 million in the prior quarter.
• Over the last five years, Operating Expenses for FCEL reached as high as $90.2 million in Q3 2025 and fell as low as $20.4 million in Q1 2026.
• A 5-year average of $34.1 million and a median of $28.7 million in 2023 frame the typical range for Operating Expenses.
• The widest annual swing landed in 2022, when Operating Expenses surged 290.04%; it then plunged 33.99% in 2023.
• Tracing FCEL's Operating Expenses over 5 years: stood at $27.5 million in 2022, then rose by 27.06% to $34.9 million in 2023, then retreated by 13.74% to $30.1 million in 2024, then fell by 27.97% to $21.7 million in 2025, then surged by 199.59% to $65.0 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $65.0 million, $20.4 million, and $21.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.