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| Date | Value |
|---|---|
| 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 |