Fuelcell Energy (FCEL) Payables (2010 - 2026)
Fuelcell Energy (FCEL) recorded Payables of $16.33 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), down 0.4% from $16.4 million a year earlier and down 0.8% from the prior quarter.
Powered by 
Analysis
Fuelcell Energy (FCEL) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy reported Payables of $17.01 million, down 24.7% from FY2024.
- Annual Payables has declined for three straight fiscal years, though with a five-year compound annual growth rate of 12.2% (FY2020 to FY2025).
- Across earlier fiscal years, Payables came in at $22.59 million in FY2024 (-14.8%), $26.52 million in FY2023 (-6.0%), $28.2 million in FY2022 (+46.3%) and $19.27 million in FY2021 (+101.2%).
- Quarterly Payables has ranged from $14.55 million in fiscal Q1 2026 to $28.2 million in fiscal Q4 2022 over the past five years.
- On a year-over-year basis, Payables has declined for five consecutive quarters, with an average decline of 9.8% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 177.6% in fiscal Q1 2022, against a decline of 30.6% in fiscal Q1 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $16.46 million (Q2 2026), $14.55 million (Q1 2026) and $17.01 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 10.10 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 309.93 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 346.33 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 212.88 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 535.97 Mn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 604.41 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 363.83 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 124.59 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 60.20 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 16.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 16.33 Mn |
| Apr 30, 2026 | 16.46 Mn |
| Jan 31, 2026 | 14.55 Mn |
| Oct 31, 2025 | 17.01 Mn |
| Jul 31, 2025 | 16.40 Mn |
| Apr 30, 2025 | 22.55 Mn |
| Jan 31, 2025 | 18.45 Mn |
| Oct 31, 2024 | 22.59 Mn |
| Jul 31, 2024 | 16.93 Mn |
| Apr 30, 2024 | 21.61 Mn |
| Jan 31, 2024 | 17.06 Mn |
| Oct 31, 2023 | 26.52 Mn |
| Jul 31, 2023 | 22.40 Mn |
| Apr 30, 2023 | 21.08 Mn |
| Jan 31, 2023 | 24.59 Mn |
| Oct 31, 2022 | 28.20 Mn |
| Jul 31, 2022 | 26.98 Mn |
| Apr 30, 2022 | 19.52 Mn |
| Jan 31, 2022 | 22.30 Mn |
| Oct 31, 2021 | 19.27 Mn |
API Access
Fuelcell Energy Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "FCEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();