Fuelcell Energy (FCEL) Total Non-Current Liabilities (2012 - 2026)
Fuelcell Energy (FCEL) reported Total Non-Current Liabilities of $181.59 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 24.4% from $146 million a year earlier and up 25.0% from the prior quarter.
Powered by 
Analysis
Fuelcell Energy (FCEL) Total Non-Current Liabilities (2012 - 2026) Analysis & Trends
At the end of FY2025 (ended Oct 31, 2025), Fuelcell Energy posted Total Non-Current Liabilities of $145.64 million, unchanged from FY2024.
- Total Non-Current Liabilities has a five-year compound annual growth rate of -4.0% (FY2020 to FY2025).
- By fiscal year, Total Non-Current Liabilities came in at $145.67 million in FY2024 (+7.5%), $135.48 million in FY2023 (-18.1%), $165.36 million in FY2022 (+7.3%) and $154.18 million in FY2021 (-13.5%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Total Non-Current Liabilities since fiscal Q3 2019.
- Year over year, Total Non-Current Liabilities has now increased in each of the last three quarters, with growth averaging 7.6% over the last eight quarters.
- The high point for year-over-year Total Non-Current Liabilities in five years was fiscal Q3 2026 (growth of 24.4%); the low point was fiscal Q1 2023 (a decline of 23.3%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $145.32 million (Q2 2026), $142.4 million (Q1 2026) and $145.64 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 243.42 Bn | 203.34 Bn | 2.36 Bn | 60.10 Bn |
| 2 | Bloom Energy | 64.86 Bn | 56.65 Bn | 355.57 Mn | 3.98 Bn |
| 3 | First Solar | 18.49 Bn | 9.44 Bn | 605.00 Mn | 2.78 Bn |
| 4 | BWX Technologies | 12.47 Bn | 10.77 Bn | 202.31 Mn | 2.88 Bn |
| 5 | Nextpower | 12.04 Bn | 7.93 Bn | 335.85 Mn | 1.61 Bn |
| 6 | Generac Holdings | 11.40 Bn | 10.23 Bn | 521.81 Mn | - |
| 7 | EnerSys | 6.16 Bn | 4.36 Bn | 313.36 Mn | 1.79 Bn |
| 8 | Enphase Energy | 4.04 Bn | -817.10 Mn | 175.01 Mn | 1.50 Bn |
| 9 | Mirion Technologies | 3.66 Bn | 1.50 Bn | 133.10 Mn | 1.57 Bn |
| 10 | Fuelcell Energy | 903.66 Mn | -717.54 Mn | -24.50 Mn | 181.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 181.49 Mn |
| Apr 30, 2026 | 144.52 Mn |
| Jan 31, 2026 | 142.30 Mn |
| Oct 31, 2025 | 145.54 Mn |
| Jul 31, 2025 | 143.90 Mn |
| Apr 30, 2025 | 137.67 Mn |
| Jan 31, 2025 | 134.20 Mn |
| Oct 31, 2024 | 141.67 Mn |
| Jul 31, 2024 | 134.18 Mn |
| Apr 30, 2024 | 132.30 Mn |
| Jan 31, 2024 | 123.34 Mn |
| Oct 31, 2023 | 135.48 Mn |
| Jul 31, 2023 | 128.13 Mn |
| Apr 30, 2023 | 131.91 Mn |
| Jan 31, 2023 | 135.44 Mn |
| Oct 31, 2022 | 165.36 Mn |
| Jul 31, 2022 | 165.36 Mn |
| Apr 30, 2022 | 169.18 Mn |
| Jan 31, 2022 | 176.66 Mn |
| Oct 31, 2021 | 154.18 Mn |
API Access
Fuelcell Energy Total Non-Current 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-non-current-liabilities&ticker=FCEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-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-non-current-liabilities&ticker=FCEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();