Fuelcell Energy FCEL
NASDAQ FCEL
$19.68 +1.32 (+7.19%)
As of: Aug 21, 2026 · 10:00 AM EDT

Fuelcell Energy (FCEL) Operating Leases (2020 - 2026)

Fuelcell Energy (FCEL) posted Operating Leases of $11.8 million for Q2 2026, little changed sequentially from $11.9 million in Q1 2026, and up 41.27% YoY from $8.4 million in Q2 2025.

Fuelcell Energy (FCEL) Operating Leases (2020 - 2026) Analysis & Trends

Fuelcell Energy has reported Operating Leases for 7 years, with the latest figure at $11.8 million in Q2 2026.

  • Quarterly Operating Leases rose 41.27% year-over-year to $11.8 million in Q2 2026, while the trailing twelve-month figure through Apr 2026 was $11.8 million (up 41.27% YoY) and the FY2025 annual result came in at $12.0 million, up 34.41% from the prior year.
  • Operating Leases was little changed at $11.8 million in Q2 2026 per FCEL's latest filing, from $11.9 million in the prior quarter.
  • Over five years, Operating Leases peaked at $12.0 million in Q4 2025 and troughed at $7.6 million in Q4 2022.
  • A 5-year average of $9.3 million and a median of $8.9 million in 2024 frame the typical range for Operating Leases.
  • The sharpest annual moves came in 2022 and 2026: Operating Leases fell 6.4% in 2022, then surged 41.27% in 2026.
  • Over 5 years, Operating Leases stood at $7.6 million in 2022, then grew by 18.71% to $9.0 million in 2023, then decreased by 1.09% to $8.9 million in 2024, then soared by 34.41% to $12.0 million in 2025, then declined by 1.3% to $11.8 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $11.8 million, $11.9 million, and $12.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertiv Holdings 100.89 Bn 97.78 Bn 1.23 Bn
2 Bloom Energy 58.81 Bn 56.14 Bn 355.57 Mn
3 nVent Electric 25.13 Bn 24.87 Bn 558.00 Mn
4 Hubbell 25.07 Bn 24.67 Bn 613.00 Mn
5 Advanced Energy Industries 11.22 Bn 9.81 Bn 236.10 Mn
6 Acuity Inc. (De) 10.39 Bn 9.98 Bn 606.40 Mn
7 Powell Industries 7.22 Bn 6.59 Bn 95.30 Mn
8 EnerSys 6.96 Bn 6.42 Bn 313.36 Mn
9 Hayward Holdings 3.21 Bn 2.72 Bn 155.05 Mn
10 Fuelcell Energy 1.07 Bn 692.85 Mn -12.93 Mn

Historic Data

Download Data
DateValue
Apr 30, 2026 11.80 Mn
Jan 31, 2026 11.86 Mn
Oct 31, 2025 11.95 Mn
Jul 31, 2025 11.71 Mn
Apr 30, 2025 8.35 Mn
Jan 31, 2025 8.69 Mn
Oct 31, 2024 8.89 Mn
Jul 31, 2024 8.71 Mn
Apr 30, 2024 8.86 Mn
Jan 31, 2024 8.91 Mn
Oct 31, 2023 8.99 Mn
Jul 31, 2023 9.28 Mn
Apr 30, 2023 9.39 Mn
Jan 31, 2023 9.50 Mn
Oct 31, 2022 7.58 Mn
Jul 31, 2022 7.62 Mn
Apr 30, 2022 7.71 Mn
Jan 31, 2022 7.82 Mn
Oct 31, 2021 8.09 Mn
Jul 31, 2021 8.01 Mn