Fuelcell Energy (FCEL) Total Debt (2010 - 2026)
Fuelcell Energy (FCEL) recorded Total Debt of $18.8 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 12.5% from $16.71 million a year earlier and up 8.4% from the prior quarter.
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Analysis
Fuelcell Energy (FCEL) Total Debt (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy reported Total Debt of $15.85 million, down 0.5% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of -5.8% (FY2020 to FY2025).
- Across earlier fiscal years, Total Debt came in at $15.92 million in FY2024 (+58.2%), $10.07 million in FY2023 (-23.7%), $13.2 million in FY2022 (+30.9%) and $10.09 million in FY2021 (-52.8%).
- The fiscal Q3 2026 figure is the highest quarterly Total Debt since fiscal Q4 2020.
- On a year-over-year basis, Total Debt has increased for three consecutive quarters, with growth averaging 28.1% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 65.6% in fiscal Q1 2025, against a decline of 52.8% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $17.35 million (Q2 2026), $17.8 million (Q1 2026) and $15.85 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 2.79 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 2.58 Mn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 37.64 Mn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 2.02 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | - |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | 1.33 Bn |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 1.04 Bn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 572.84 Mn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 445.30 Mn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 18.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.80 Mn |
| Apr 30, 2026 | 17.35 Mn |
| Jan 31, 2026 | 17.80 Mn |
| Oct 31, 2025 | 15.85 Mn |
| Jul 31, 2025 | 16.71 Mn |
| Apr 30, 2025 | 17.14 Mn |
| Jan 31, 2025 | 16.89 Mn |
| Oct 31, 2024 | 15.92 Mn |
| Jul 31, 2024 | 12.23 Mn |
| Apr 30, 2024 | 11.73 Mn |
| Jan 31, 2024 | 10.20 Mn |
| Oct 31, 2023 | 10.07 Mn |
| Jul 31, 2023 | 9.76 Mn |
| Apr 30, 2023 | 13.29 Mn |
| Jan 31, 2023 | 13.25 Mn |
| Oct 31, 2022 | 13.20 Mn |
| Jul 31, 2022 | 9.81 Mn |
| Apr 30, 2022 | 9.92 Mn |
| Jan 31, 2022 | 9.72 Mn |
| Oct 31, 2021 | 10.09 Mn |
API Access
Fuelcell Energy Total Debt 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=total-debt&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();