Fuelcell Energy (FCEL) Operating Leases (2020 - 2026)
Fuelcell Energy's (FCEL) quarterly Operating Leases came in at $11.8 million in Q2 2026, up 41.27% YoY from $8.4 million in Q2 2025, and little changed on a QoQ basis from $11.9 million in Q1 2026.
Fuelcell Energy (FCEL) Operating Leases (2020 - 2026) Analysis & Trends
Fuelcell Energy's Operating Leases history runs 7 years deep, the most recent figure standing at $11.8 million for Q2 2026.
- On a quarterly basis, Operating Leases rose 41.27% year-over-year to $11.8 million in Q2 2026; TTM through Apr 2026 was $11.8 million, a 41.27% increase from a year earlier, with the FY2025 full-year figure at $12.0 million, up 34.41% from the prior year.
- Operating Leases was $11.8 million for Q2 2026 at Fuelcell Energy, roughly flat from $11.9 million in the prior quarter.
- Over the last five years, Operating Leases for FCEL reached as high as $12.0 million in Q4 2025 and fell as low as $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 widest annual swing landed in 2022, when Operating Leases slipped 6.4%; it then surged 41.27% in 2026.
- Tracing FCEL's Operating Leases over 5 years: stood at $7.6 million in 2022, then climbed by 18.71% to $9.0 million in 2023, then retreated by 1.09% to $8.9 million in 2024, then surged by 34.41% to $12.0 million in 2025, then dropped 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 | Novonix | 479.97 Bn | 479.92 Bn | - |
| 2 | Vertiv Holdings | 114.69 Bn | 112.19 Bn | 999.70 Mn |
| 3 | Bloom Energy | 79.53 Bn | 77.06 Bn | 225.54 Mn |
| 4 | nVent Electric | 27.08 Bn | 26.89 Bn | 445.60 Mn |
| 5 | Hubbell | 26.67 Bn | 26.16 Bn | 505.30 Mn |
| 6 | Advanced Energy Industries | 13.19 Bn | 13.19 Bn | 200.90 Mn |
| 7 | Powell Industries | 10.63 Bn | 10.09 Bn | 87.94 Mn |
| 8 | Ballard Power Systems | 10.07 Bn | 9.54 Bn | 5.64 Mn |
| 9 | Acuity Inc. (De) | 9.39 Bn | 9.12 Bn | 520.40 Mn |
| 10 | Fuelcell Energy | 1.02 Bn | 1.02 Bn | -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 |