Fuelcell Energy (FCEL) Research & Development (2016 - 2025)
Historic Research & Development for Fuelcell Energy (FCEL) over the last 16 years, with Q4 2025 value amounting to $5.5 million.
- Fuelcell Energy's Research & Development fell 5299.79% to $5.5 million in Q4 2025 from the same period last year, while for Oct 2025 it was $34.1 million, marking a year-over-year decrease of 3849.0%. This contributed to the annual value of $34.1 million for FY2025, which is 3849.0% down from last year.
- As of Q4 2025, Fuelcell Energy's Research & Development stood at $5.5 million, which was down 5299.79% from $7.6 million recorded in Q3 2025.
- In the past 5 years, Fuelcell Energy's Research & Development registered a high of $18.0 million during Q4 2023, and its lowest value of $1.8 million during Q1 2021.
- Over the past 5 years, Fuelcell Energy's median Research & Development value was $10.5 million (recorded in 2025), while the average stood at $9.8 million.
- In the last 5 years, Fuelcell Energy's Research & Development surged by 24844.51% in 2022 and then plummeted by 5299.79% in 2025.
- Quarter analysis of 5 years shows Fuelcell Energy's Research & Development stood at $3.5 million in 2021, then soared by 248.45% to $12.2 million in 2022, then soared by 47.56% to $18.0 million in 2023, then plummeted by 35.59% to $11.6 million in 2024, then tumbled by 53.0% to $5.5 million in 2025.
- Its Research & Development was $5.5 million in Q4 2025, compared to $7.6 million in Q3 2025 and $9.9 million in Q2 2025.