Fuelcell Energy (FCEL) Total Liabilities (2010 - 2026)
Fuelcell Energy (FCEL) recorded Total Liabilities of $328.26 million in fiscal Q3 2026 (quarter ended Jul 31, 2026), up 23.7% from $265.32 million a year earlier and up 19.4% from the prior quarter.
Fuelcell Energy (FCEL) Total Liabilities (2010 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy reported Total Liabilities of $260.86 million, down 5.7% from FY2024.
- Annual Total Liabilities has a five-year compound annual growth rate of -4.5% (FY2020 to FY2025).
- Across earlier fiscal years, Total Liabilities came in at $276.52 million in FY2024 (+8.4%), $255.07 million in FY2023 (+2.8%), $248.22 million in FY2022 (+6.6%) and $232.81 million in FY2021 (-29.2%).
- The fiscal Q3 2026 figure is the highest quarterly Total Liabilities since fiscal Q4 2020.
- On a year-over-year basis, Total Liabilities has increased for three consecutive quarters, with growth averaging 5.5% over the last eight quarters.
- Peak year-over-year performance for Total Liabilities in the last five years was growth of 24.6% in fiscal Q2 2024, against a decline of 29.2% in fiscal Q4 2021 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $274.87 million (Q2 2026), $274.34 million (Q1 2026) and $260.86 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 238.25 Bn | 198.17 Bn | 2.36 Bn | 67.69 Bn |
| 2 | Bloom Energy | 64.00 Bn | 55.79 Bn | 355.57 Mn | 3.99 Bn |
| 3 | First Solar | 18.75 Bn | 9.70 Bn | 605.00 Mn | 3.07 Bn |
| 4 | BWX Technologies | 12.32 Bn | 10.62 Bn | 202.31 Mn | 3.09 Bn |
| 5 | Nextpower | 11.91 Bn | 7.80 Bn | 335.85 Mn | 1.71 Bn |
| 6 | Generac Holdings | 11.42 Bn | 10.25 Bn | 521.81 Mn | 2.89 Bn |
| 7 | EnerSys | 6.22 Bn | 4.41 Bn | 313.36 Mn | 1.98 Bn |
| 8 | Enphase Energy | 4.25 Bn | -607.94 Mn | 175.01 Mn | 1.74 Bn |
| 9 | Mirion Technologies | 3.72 Bn | 1.56 Bn | 133.10 Mn | 1.65 Bn |
| 10 | Fuelcell Energy | 872.33 Mn | -748.87 Mn | -24.50 Mn | 328.26 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 328.26 Mn |
| Apr 30, 2026 | 274.87 Mn |
| Jan 31, 2026 | 274.34 Mn |
| Oct 31, 2025 | 260.86 Mn |
| Jul 31, 2025 | 265.32 Mn |
| Apr 30, 2025 | 264.90 Mn |
| Jan 31, 2025 | 262.30 Mn |
| Oct 31, 2024 | 276.52 Mn |
| Jul 31, 2024 | 263.80 Mn |
| Apr 30, 2024 | 264.73 Mn |
| Jan 31, 2024 | 241.01 Mn |
| Oct 31, 2023 | 255.07 Mn |
| Jul 31, 2023 | 237.26 Mn |
| Apr 30, 2023 | 212.42 Mn |
| Jan 31, 2023 | 217.01 Mn |
| Oct 31, 2022 | 248.22 Mn |
| Jul 31, 2022 | 247.64 Mn |
| Apr 30, 2022 | 248.70 Mn |
| Jan 31, 2022 | 257.95 Mn |
| Oct 31, 2021 | 232.81 Mn |
Fuelcell Energy Total Liabilities 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-liabilities&ticker=FCEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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-liabilities&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();