Fuelcell Energy (FCEL) Operating Leases (2020 - 2026)
Fuelcell Energy (FCEL) reported Operating Leases of $11.8 million for Q2 2026, up 41.27% on a YoY basis from $8.4 million in Q2 2025, and little changed sequentially from $11.9 million in Q1 2026.
Fuelcell Energy (FCEL) Operating Leases (2020 - 2026) Analysis & Trends
Fuelcell Energy (FCEL) has 7 years of Operating Leases data on file, last reported at $11.8 million in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 41.27% year-over-year to $11.8 million; the trailing twelve-month figure through Apr 2026 stood at $11.8 million (up 41.27% YoY), and the FY2025 full-year result was $12.0 million, up 34.41% from the prior year.
- Operating Leases was little changed at $11.8 million in Q2 2026, from $11.9 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $12.0 million in Q4 2025 to a low of $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.
- Across the five-year window, Operating Leases dropped 6.4% in 2022 and soared 41.27% in 2026, its largest moves.
- Tracing FCEL's Operating Leases over 5 years: stood at $7.6 million in 2022, then gained by 18.71% to $9.0 million in 2023, then declined by 1.09% to $8.9 million in 2024, then soared by 34.41% to $12.0 million in 2025, then decreased by 1.3% to $11.8 million in 2026.
- Business Quant data shows FCEL's Operating Leases at $11.8 million in Q2 2026, $11.9 million in Q1 2026, and $12.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Electrovaya | 424.38 Bn | 424.36 Bn | 6.04 Mn |
| 2 | Vertiv Holdings | 116.45 Bn | 113.95 Bn | 999.70 Mn |
| 3 | Bloom Energy | 61.23 Bn | 58.77 Bn | 225.54 Mn |
| 4 | Hubbell | 25.93 Bn | 25.43 Bn | 505.30 Mn |
| 5 | nVent Electric | 25.66 Bn | 25.47 Bn | 445.60 Mn |
| 6 | Advanced Energy Industries | 11.88 Bn | 11.18 Bn | 200.90 Mn |
| 7 | Acuity Inc. (De) | 9.90 Bn | 9.48 Bn | 606.40 Mn |
| 8 | Powell Industries | 9.42 Bn | 8.87 Bn | 87.94 Mn |
| 9 | EnerSys | 7.49 Bn | 7.05 Bn | 290.87 Mn |
| 10 | Fuelcell Energy | 5.02 Mn | -359.10 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 |