Fuelcell Energy (FCEL) Share-based Compensation (2010 - 2026)
Fuelcell Energy (FCEL) reported Share-based Compensation of $2.45 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 45.0% from $1.69 million a year earlier but down 6.7% from the prior quarter.
Fuelcell Energy (FCEL) Share-based Compensation (2010 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Fuelcell Energy's Share-based Compensation came in at $9.9 million, down 11.5% year-over-year; for FY2025 (ended Oct 31, 2025), it came in at $11.09 million, down 5.7% from FY2024.
- Share-based Compensation has a five-year compound annual growth rate of 42.8% (FY2020 to FY2025).
- By fiscal year, Share-based Compensation came in at $11.76 million in FY2024 (-1.6%), $11.95 million in FY2023 (+76.0%), $6.79 million in FY2022 (+58.2%) and $4.29 million in FY2021 (+129.8%).
- Five-year quarterly Share-based Compensation spans a low of $720,000 in fiscal Q4 2021 and a high of $4.82 million in fiscal Q2 2025.
- Year over year, Share-based Compensation gained in three of the last eight quarters, with an average decline of 2.7%.
- The high point for year-over-year Share-based Compensation in five years was fiscal Q4 2022 (growth of 131.4%); the low point was fiscal Q3 2025 (a decline of 49.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $2.63 million (Q2 2026), $2.39 million (Q1 2026) and $2.43 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Stock Comp. (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | - |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 52.22 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 7.05 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 9.95 Mn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | - |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 14.01 Mn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 7.78 Mn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 43.55 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 6.90 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 2.47 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.47 Mn |
| Apr 30, 2026 | 2.58 Mn |
| Jan 31, 2026 | 2.39 Mn |
| Oct 31, 2025 | 2.43 Mn |
| Jul 31, 2025 | 1.64 Mn |
| Apr 30, 2025 | 4.76 Mn |
| Jan 31, 2025 | 2.14 Mn |
| Oct 31, 2024 | 2.54 Mn |
| Jul 31, 2024 | 3.25 Mn |
| Apr 30, 2024 | 2.90 Mn |
| Jan 31, 2024 | 2.88 Mn |
| Oct 31, 2023 | 2.96 Mn |
| Jul 31, 2023 | 3.05 Mn |
| Apr 30, 2023 | 3.10 Mn |
| Jan 31, 2023 | 2.64 Mn |
| Oct 31, 2022 | 1.67 Mn |
| Jul 31, 2022 | 1.91 Mn |
| Apr 30, 2022 | 1.64 Mn |
| Jan 31, 2022 | 1.47 Mn |
| Oct 31, 2021 | 720,000.00 |
Fuelcell Energy Share-based Compensation 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=share-based-compensation&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "share-based-compensation", "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=share-based-compensation&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();